Caterpillar Becomes the Latest Corporate to Give Grim Forecast

  The latest corporate to indicate towards weak global economy is the American engine and machinery manufacturer, Caterpillar. Looking at the sluggish demand for heavy engines and machineries, the company slashed its forecast of 2015 earnings and stated that 2014 will also be a year of stalled growth, just like the current year. Caterpillar, however, […]

France – The Second Largest Economy of Europe, Wavers at the Edge

  As France misses its desirable AAA-ranking, some of the leading economists all over the world started grilling whether the trend is rotating for a nation that has greatly adored considerably low borrowing rates for years, and in fact questioning whether the 2nd biggest economy in Europe is completely stable, or it is confronting any […]