Europe’s carmakers face 30% emission cuts target
Businessam StaffNovember 8, 2017
The European commission has unveiled new proposals for limits on carbon dioxide emissions from passenger cars and vans, which would
The world’s richest oil moguls gain after Saudi crackdown
Businessam StaffNovember 8, 2017
Market reaction to Saudi Arabia’s stunning anti-corruption raid has been a boon to some billionaires and a curse to others. On the
France wants EU to cut international funding of ‘Paradise Papers’ countries
Businessam StaffNovember 7, 2017
France on Tuesday asked its European partners to agree on curbing international funding of states that provide tax shelters, following
Italy may sell its 30% stake in Eni to settle cash flow problems, pay off debts
Businessam StaffNovember 7, 2017
Italy could soon sell its stake in Eni, a multinational oil and gas company headquartered in Rome, to address its cash flow problems
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Saudi crackdown widens as more bank accounts said frozen
Businessam StaffNovember 7, 2017
Saudi Arabia’s surprise crackdown, which led to the arrests of princes, billionaires, and officials over the weekend, is expanding
Kenya’s economic growth to rebound in 2018, says treasury secretary
Businessam StaffNovember 7, 2017
Henry Rotich, Kenya’s Treasury Secretary said Tuesday that the country’s economy is expected to rebound in 2018 after a slowdown
German factory orders rise unexpectedly as economy powers ahead
Businessam StaffNovember 6, 2017
German factory orders rose for a second month, adding to signs that Europe’s largest economy will continue expanding at a solid pace.
IMF sees Uganda economy growth expands 5% in 2017/18
Businessam StaffNovember 6, 2017
Uganda’s economy is seen expanding by five percent in the 2017/18 fiscal year, up from four percent in the previous period, lifted by
Catalonia uncertainty hits Spain’s economy
Businessam StaffNovember 6, 2017
Spain’s services industry took a hit last month during the crisis in Catalonia, dealing a blow to one of the euro area’s
Cameroon GDP growth expected to fall 3.7% in 2017
Businessam StaffNovember 6, 2017
Cameroon’s economic growth rate is expected to slip to 3.7 percent this year, down from an earlier estimate of around 4 percent, due