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Economy News

RSS feedDisplaying articles 21 - 30 of most recent articles

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Britain could reset fiscal policy if necessary, finance minister Hammond says LONDON (Reuters) - Britain could reset fiscal policy if necessary in the wake of the Brexit vote, finance minister Philip Hammond said. Hammond, speaking while on a trip to China, gave few other immediate details. "Over the medium term we will have t
Yahoo! News | Jul 22, 2016 07:35 AM [GMT] | comment? | recommend
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No need to panic about Nigeria sliding into recession, finance minister says By Camillus Eboh and Felix Onuah ABUJA (Reuters) - Nigeria will face only a short recession if its economy shrinks again in the second quarter, because removing fuel subsidies and implementing policies to reduce dependency on oil will pay off, Finance Min
Yahoo! News | Jul 22, 2016 07:17 AM [GMT] | comment? | recommend
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South Africa's rand steady, stocks set to open lower JOHANNESBURG (Reuters) - South Africa's rand held its ground against the dollar early on Friday as expectations that domestic interest rates would remain high this year attracted investors seeking higher yield. * Rand up 0.15 percent at 14.1980 per d
Yahoo! News | Jul 22, 2016 07:07 AM [GMT] | comment? | recommend
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Ruling due on whether IMF chief to face trial in France IMF chief Christine Lagarde is to find out Friday whether she will stand trial in France over a massive state payout to tycoon Bernard Tapie when she was French economy minister nearly a decade ago. France's top appeals court will rule on Lagarde
Yahoo! News | Jul 22, 2016 05:49 AM [GMT] | comment? | recommend
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China Resources, Macquarie team up to buy control of Australia healthcare firm GenesisCare By Byron Kaye SYDNEY (Reuters) - Chinese state-owned conglomerate China Resources Group and Australian bank Macquarie Group Ltd plan to buy majority control of GenesisCare Ltd, laying the groundwork for Australia's biggest cancer and cardiac services
Yahoo! News | Jul 22, 2016 02:37 AM [GMT] | comment? | recommend
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Vatican invited to mediate in Venezuela crisis The Roman Catholic Church may soon join Ibero-American leaders seeking dialogue between Venezuela's feuding government and opposition, the head of a regional bloc said on Thursday. It will enrich us spiritually and, hopefully, politically," said
Yahoo! News | Jul 21, 2016 11:57 PM [GMT] | comment? | recommend
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Al Jazeera to launch English language digital streaming service in U.S Al Jazeera Media Network is preparing to make its English language international news channel video content digitally available to U.S. viewers again, according to a July 21 email sent to employees obtained by Reuters. The move comes almost three months a
Yahoo! News | Jul 21, 2016 7:21 PM [GMT] | comment? | recommend
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Father of EU divorce clause demands tough stance on British exit By Crispian Balmer ROME (Reuters) - A former Italian premier who wrote the European Union divorce clause that Britain is poised to trigger said on Thursday that Brussels should offer no concessions to London in looming negotiations to quit the trading blo
Yahoo! News | Jul 21, 2016 7:19 PM [GMT] | comment? | recommend
Nigeria's budget minister expects economic growth by end of year Nigeria's economy is likely to be growing at a rate of about 3.3 to 3.5 percent by the end of this year, the budget minister said on Thursday. Udoma Udo Udoma made the comments at a news conference after a meeting of the National Economic Council, a body
Yahoo! News | Jul 21, 2016 7:18 PM [GMT] | comment? | recommend
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South Africa's rand firms after rates decision, stocks flat South Africa's rand firmed to its strongest in nearly three months against the dollar on Thursday, boosted by a search for higher yield after the central bank left its repo rate unchanged and analysts ruled out any imminent policy easing. Stocks were
Yahoo! News | Jul 21, 2016 7:14 PM [GMT] | comment? | recommend