Electrolux chief hails consumer confidence, lower interest rates for profits

Lower interest rates and increased consumer demand helped Electrolux beat analyst forecasts and report better than expected first quarter earnings, CEO Jonas Samuelson told CNBC . The Swedish multinational home appliance manufacturer was trading at the top of the...

The ‘Golden Visa’ program into the US is set to expire, and that’s worrying many in China

Firstly introduced as part of the 1990 Immigration Act, the EB-5 program allows foreigners, who invest between $500,000 and $1 million in qualified projects in the U.S., to apply for permanent resident status for themselves and their families. Generally, the money...