Morgan Stanley – Spain is set to pass Germany as the strongman of Europe, due to the increasing competitiveness of its exports

  Spain is set to usurp Germany as the strongman of Europe, due to the increasing competitiveness of its exports, say Morgan Stanley analysts, who think fiscal rebalancing will continue in the country despite its current political turmoil. "Spain, where unit labor costs are falling due to recession and reforms, and where exports performance is strong, is on its way to become the euro...

New York is home to 96 billionaires.Hong Kong 75, Moscow 74,London 67 and Mumbai 30 billionaires.

  The Billionaires  list was topped by United States with 515 ultra-rich people, three times more than in China, which ranks second with 157 billionaires.Germany, United Kingdom and Russia make the top five countries with a billionaire population of 148, 135 and 108 respectively. According to the the Wealth-X and UBS billionaire census report 2013, India's billionaire population has decreased by...

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