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Economy News

RSS feedDisplaying articles 11 - 20 of most recent articles

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Germany raises tax income forecast, bolstering budget plans BERLIN (AP) Germany has raised its forecast for government tax income thanks to a healthy economy and low unemployment, bolstering its insistence that it can continue to avoid running up new debt.
Yahoo! News | 16 hours, 58 minutes ago | comment? | recommend
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South Africa's EFF party ejected from parliament ahead of Zuma address CAPE TOWN (Reuters) - South Africa's parliamentary protection services forcefully removed members of the ultra-left Economic Freedom Fighters party on Wednesday from the chamber as they attempted to disrupt proceedings ahead of an address by Presiden
Yahoo! News | 17 hours, 23 minutes ago | comment? | recommend
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Canadian dollar set to weaken again after recent rally: Reuters Poll The Canadian dollar, which recently hit a 10-month high, is expected to weaken again in the coming months if the U.S. Federal Reserve hikes interest rates as forecast in June and oil prices rally no further, a Reuters poll found. The currency, nicknamed t
Yahoo! News | 17 hours, 24 minutes ago | comment? | recommend
South Africa's Impala wins court bid to claw back $201 mln from U.S. firm Impala Platinum (Implats) will be paid $201 million by a U.S. recycling company to compensate for years of defaulted payments, the South African mining company said on Wednesday. A United States district court confirmed an award from the London Court of I
Yahoo! News | 17 hours, 27 minutes ago | comment? | recommend
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South Africa's finmin Gordhan confident of meeting fiscal targets South Africa's Finance Minister Pravin Gordhan said on Wednesday he was confident of meeting fiscal targets for 2016, but that stronger economic growth remained a challenge. In a speech to parliament, Gordhan said the budget deficit would be reduced
Yahoo! News | 20 hours, 57 minutes ago | comment? | recommend
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South Africa's PIC to invest $4.7 billion and stimulate jobs, growth CAPE TOWN (Reuters) - South Africa's Public Investment Corporation (PIC) would invest 70 billion rand ($5 billion) over the next three to five years to help stimulate economic growth and job creation, deputy finance minister Mcebisi Jonas said on Wed
Yahoo! News | 21 hours, 14 minutes ago | comment? | recommend
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SABMiller, Coke agree concessions with South Africa over bottling merger SABMiller and Coca-Cola have agreed concessions with the South African government to win approval for a deal to combine their soft-drink operations, the companies said on Wednesday. The concessions, agreed with the South African Ministry of Economic Devel
Yahoo! News | 22 hours, 40 minutes ago | comment? | recommend
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Obama faces looming trade row with China US President Barack Obama is facing a fresh trade row with Beijing that could inflame the 2016 election race and complicate his farewell visit to China in September. Beijing is pressing Obama's administration to treat China like a "market econom
Yahoo! News | May 4, 2016 06:04 AM [GMT] | comment? | recommend
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Asian stocks fall 2nd day on global growth concern BEIJING (AP) Asian stocks fell again Tuesday after weaker Chinese manufacturing and a cut in Europe's growth outlook fueled fears about the global economy.
Yahoo! News | May 4, 2016 05:28 AM [GMT] | comment? | recommend
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Asian markets chase Wall St down as global fears return Asia extended a global stock market sell-off Wednesday following sharp losses in New York and Europe as fresh fears over the global economy sparked a flight to safe investments. After enjoying a healthy run of recent gains, traders have been spooked by a
Yahoo! News | May 4, 2016 03:31 AM [GMT] | comment? | recommend