OECD countries could add $2.6 trillion to their total GDP if the employment rate for workers aged over 55 was equal to best-performing EU country Sweden, according to PwC economists.   The PwC Golden Age Index is a weighted average of indicators – including employment, earnings and training – that reflect the labour market impact

A little more than nine years after it made its debut in the United States in June 2007, Apple announced that it recently sold its one billionth iPhone.   Having generated more than $600 bln in revenue and in all likelihood more than $100 bln in net profit for Apple, the iPhone might well be

By Lukman Otunuga, Research Analyst at FXTM Stock markets displayed signs of stability on Wednesday as a mixture of easing Brexit anxieties and heightened expectations over the central banks intervening to quell the global woes bolstered investor risk sentiment. Asian stocks found comfort near one-year highs with the Nikkei charging into gains following reports that

Turkey’s failed military coup has credit implications for many of the country’s debt issuers and highlights the pre-existing challenges that could dent economic growth, impede structural reforms and expose further external vulnerabilities, Moody’s Investors Service said in a report that assesses the ratings impact of recent events.   The cross-sector report summarises the rating actions

By Lukman Otunuga, Research Analyst at FXTM WTI Crude tumbled to fresh three month lows at $42.56 during trading on Tuesday as the ongoing concerns over the persistent oversupply of oil in the global markets encouraged bears to install a round of selling. For an extended period, oil has remained fundamentally bearish with the recurrent

By Hussein Sayed, Chief Market Strategist, FXTM The robust U.S. jobs report at the end of last week sent equities to record levels on Friday, with the S&P 500 ending the session less than one point away from its record high seen on May 21 last year. Bond traders were less impressed by the news