Pannysylvania Magazine

One year later, India’s economy brightens under Modi

When Narendra Modi became prime minister a year ago on a promise to revive India’s once-sparkling economy, inflation was running at 9% and economic growth had slowed to less than

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Euro zone economy picks up pace but Germany lags

A slowdown in Germany weighed on the euro zone in the first quarter, but the bloc’s economy still grew at its fastest in almost two years as cheap food and

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Japan’s Takeda agrees to pay $2.4B ln in diabetes drug suit

Japan’s largest drugmaker Takeda Pharmaceutical Co. said Wednesday it has agreed to pay $2.4 billion to thousands of patients and their families over its diabetes drug Actos which has been

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Global fund investors to U.S. stocks: Drop dead

Global fund investors are dropping U.S. stocks like a rattlesnake on meth. But emerging markets stocks? Sparkly unicorns. TrimTabs Investment research says that investors have yanked a net $15.4 billion

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Major aftershock hits Nepal as search for quake survivors intensifies

The Kathmandu area of Nepal was struck by a magnitude-6.7 aftershock Sunday, just a day after a massive earthquake in the region killed over 2,000 people and devastated a large

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Japan PM Abe visits USA amid controversial WWII remarks

Japan Prime Minister Shinzo Abe begins a historic, week-long visit to the United States on Sunday that will highlight strengthened

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Nikkei closes above 20,000 for first time in 15 years

The jury may still be out on “Abenomics,” but Japanese investors are rendering at least an interim verdict on the

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Five years after the spill: BP still leaking

BP faced a major crisis exactly five years ago. Today, the oil giant is still facing a crisis – just

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IMF faces tipping point over Greece

It was perhaps inevitable that the Greek crisis would hijack the spring meeting of International Monetary Fund this week, but

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EU accuses Google of abusing Internet search dominance

The European Union’s competition regulator on Wednesday accused Google of illegally abusing its dominance of the Internet search market in

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Russia lifts ban on advanced air defense to Iran

Secretary of State John Kerry, members of Congress and Israeli leaders are protesting a decision by Russian President Vladimir Putin

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Hong Kong shares soar as mainland China investors buy in

The new system that connects stock markets in mainland China and Hong Kong is creating a buying frenzy in Hong

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