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Economy News

RSS feedDisplaying articles 11 - 20 of most recent articles

India tables 'biggest tax reform' since independence India's government introduced legislation Friday billed as the biggest tax reform since independence, with analysts hailing it as a "game changer" that would cut the cost of doing business and boost economic growth. One of various reforms u
Yahoo! News | Dec 19, 2014 2:35 PM [GMT] | comment? | recommend
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Zambia royalty hike to force mine closures - chamber LUSAKA (Reuters) - Zambia's decision to hike royalty rates on open pit mining from 6 percent to 20 percent will lead to shaft closures and 12,000 job losses, the chamber of mines said on Friday. Barrick Gold Corp. said on Thursday it would suspend op
Yahoo! News | Dec 19, 2014 2:32 PM [GMT] | comment? | recommend
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US agriculture has big appetite for Cuba trade MINNEAPOLIS (AP) U.S. agriculture has a big appetite for freer trade with Cuba. From wheat to rice to beans, the industry stands to be one of the biggest beneficiaries of President Barack Obama's plan to ease economic and travel restrictions imposed
Yahoo! News | Dec 19, 2014 2:06 PM [GMT] | comment? | recommend
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European stock, oil markets steady European stocks steadied on Friday following sharp gains the previous day, while oil futures rose slightly after sharp falls amid huge volatility across global markets ahead of the festive shutdown. Around midday in the British capital, London's FTSE
Yahoo! News | Dec 19, 2014 1:15 PM [GMT] | comment? | recommend
Nigeria to raise 1.2 trl naira in T-bills in Q1 LAGOS (Reuters) - Nigeria's central bank said on Friday it plans to raise about 1.22 trillion naira ($6.61 billion) in treasury bills in the first quarter of next year. The bank in an issuance calendar said it plans to issue 230.88 billion naira worth of
Yahoo! News | Dec 19, 2014 12:51 PM [GMT] | comment? | recommend
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Futures indicate higher start before inflation data (Reuters) - Stock futures pointed to a higher start for Canada's main stock index on Friday ahead of the release of inflation data. December futures on the S&P TSX index were up 0.24 percent at 7.15 a.m. ET. Data on consumer price inflation in No
Yahoo! News | Dec 19, 2014 12:34 PM [GMT] | comment? | recommend
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Tanzanias GDP expands by 32 pct after rebasing - officials By Fumbuka Ng'wanakilala DAR ES SALAAM (Reuters) - Tanzania's gross domestic product has expanded by 32 percent after the state rebased its calculation to incorporate new sectors in the economy, including big discoveries of natural gas, official
Yahoo! News | Dec 19, 2014 11:15 AM [GMT] | comment? | recommend
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Russia's Lavrov criticizes Ukraine statement on neutral status MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov criticized on Friday a statement by Ukrainian President Petro Poroshenko on ending Ukraine's neutral status as confrontational rhetoric favored by what Russia calls Kiev's 'party of
Yahoo! News | Dec 19, 2014 10:31 AM [GMT] | comment? | recommend
Kremlin aide sees rouble liquidity deficit as a key problem MOSCOW (Reuters) - The Kremlin's top economic aide, Andrei Belousov, said on Friday Russia's most acute problems are not over the rouble rate against the dollar but over a deficit of rouble liquidity.
Yahoo! News | Dec 19, 2014 10:28 AM [GMT] | comment? | recommend
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Tokyo market rides the bull into Christmas The Tokyo market appears to have shrugged off fears about the Russian ruble crisis, with investors bullish as they prepared for the last few days of trading this year, analysts said. While plunging oil prices and the Russian currency crisis threatening to
Yahoo! News | Dec 19, 2014 09:59 AM [GMT] | comment? | recommend