It is unclear whether the global shipping industry will normalize before these new ships enter the market. Demand could rise as the global economy recovers, or the supply of ships could somehow fall. But the economy's recovery could just as well be …

Mr Bowen has used his first economic note as Treasurer to express his confidence in Australians but reiterated there are challenges as mining investment wanes amid a sluggish global recovery. "We should be under no illusion about the significance of …

LONDON — The United States will shoulder the burden as main driver of world economic growth at least until the end of the year while Europe stagnates, Reuters polls showed last Thursday. The survey of more than 250 analysts suggested the US recovery …

Based on the exhaustive study, the United Nations Conference on Trade and Development (UNTAD), which champions for the cause of the poor nations, concluded that the current system of currencies and capital rules binding the world economy was largely …

Emerging economies hope for policy reassurance from G20. By Alan Wheatley, Global Economics Correspondent. LONDON, July 14 (Reuters) – Emerging economies that have thrived on ultra-loose U.S. monetary policy and insatiable Chinese demand for …

Mercedes-Benz is a multinational division of the German manufacturer Daimler AG and the Benz brand is used for luxury automobiles buses, coaches and trucks. The name Mercedes-Benz first appeared in 1926 under Daimeler-Benz, but traces origins …

Two cities on the state's eastern coast, Port Huron and Marysville, offer a unique glimpse into Michigan's greatest natural resource, its lakes and their charms, and the early days of the automotive industry, which continues to dominate the economy of …

Crusing Avenida Atlantic in Rio in a Benz with the top down is potentially dangerous. Brazilians tend to exaggerate the sense of danger in their big cities. Those that are most worried about being carjacked drive Range Rovers. No. 1 selling luxury car …

New clubs and luxury brands get publicity in the form of Page Six mentions and “Who Wore It Best” items. Bankers and … Lopez came under fire after video leaked of her Turkmenistan adventure, due to the nation's terrible human rights record. Two-time …