Global stocks dip as ‘Christmas rally’ proves elusive, oil rises
Businessam StaffDecember 17, 2018
Broad stock declines in Europe and the United States dragged world equity markets lower on Monday, adding to a sell-off that has sent
China’s $20 billion new Egypt capital project talks collapse
Businessam StaffDecember 17, 2018
Talks between Egypt and Chinese builder CFLD for a $20 billion development in the new administrative capital have fallen through over
ECB ends 2.6tr euro bond-buying programme
Businessam StaffDecember 13, 2018
The European Central Bank took the watershed decision to halt its 2.6 trillion-euro ($3 trillion) bond-buying program, capping massive
Wall street opens sharply higher on trade optimism
Chris IkosaDecember 12, 2018
U.S. stocks jumped at open on Wednesday as the Wall Street Journal report about China’s plans to increase access for foreign firms
Stock selloff snowballs on fresh fears for world growth
Businessam StaffDecember 10, 2018
Losses on global stocks snowballed on Monday, with European markets following Asian peers lower as fresh signs emerged of slowing
South Africa’s Economy Emerges From First Recession in Decade
Businessam StaffDecember 6, 2018
South Africa emerged from its first recession in almost a decade in the third quarter as recoveries in manufacturing and agriculture
Asian stocks retreat on falling US yields, global worries
Oyindamola AlamuDecember 6, 2018
Oyindamola Alamu With agency report Asian stocks fell across board, after Wall Street U.S equities dropped, though declines futures
Qatar’s decision to leave OPEC to have no major impact on the global oil market, say Fitch analysts
Bukola OdufadeDecember 4, 2018
Analysts at Fitch Solutions Macro Research have said that Qatar’s decision to leave the Organisation of Petroleum Exporting Countries
Emerging cities could attract $29trn in climate-investments, says World Bank
Temitayo AyetotoNovember 29, 2018
Cities in emerging markets could attract $29 trillion in climate-related investments like green buildings and electric vehicles over
0U.K
No-deal Brexit could trigger recession, unemployment by 7.5%, BoE says
Businessam StaffNovember 29, 2018
The Bank of England says the UK’s economy could slip into a recession and be worse off than it was following the financial crisis,