The Chinese have taken control of Ecuador's oil sector, Reuters' Joshua Schneyer and Nichoals Medina Mora Perez report.
Finding themselves largely shut out of credit markets since defaulting on $3.2 billion in debt in 2008, Ecuador turned to China.
In exchange for covering 61% of the country's $6.2 billion financing needs in 2013, China last November secured the rights t ...
Is this finally a sign that Wall Street is ready to take on a leadership role?
Wall Street and sustainability might seem rather odd coupling, especially after the crash of 2008. But the announcement by Morgan Stanley to create a new center of sustainability could be a sign global financiers are getting serious about accommodating clients who want to invest with one hand on the h ...
Saad Khalil, director of King Abdullah's Initiative for Saudi Agricultural Investment Abroad, recently revealed that 35 countries have been targeted for agro-investment so far.
Khalil said investments are available in these countries to produce basic and strategic commodities for food security for both the Kingdom and target countries.
"We still don't have accurate information a ...