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Economy News

RSS feedDisplaying articles 31 - 40 of most recent articles

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South African shares drift lower, MTN weighs JOHANNESBURG (Reuters) - South African shares ended in the red on Thursday dragged lower by mining companies and telecommunications operator MTN, which surprised investors with news it was struggling to sign on new subscribers in Nigeria. MTN was the bigg
Yahoo! News | Oct 23, 2014 3:47 PM [GMT] | comment? | recommend
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Gauge of US economy posts solid 0.8 percent gain WASHINGTON (AP) A gauge designed to predict the economy's future health posted a solid increase in September after no gain in the previous month.
Yahoo! News | Oct 23, 2014 2:59 PM [GMT] | comment? | recommend
Big bang, not big bucks, the key for euro zone bank lending By Padraic Halpin and John O'Donnell DUBLIN/FRANKFURT (Reuters) - If the European Central Bank really wants to kick-start the euro zone economy, it should ensure the bloc's banks are up to the task of lending. The International Monetary Fund has estimated
Yahoo! News | Oct 23, 2014 1:44 PM [GMT] | comment? | recommend
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Stock futures indicate a higher start Stock futures pointed to a higher opening for Canada's main stock index on Thursday, with December futures on the S&P TSX index up 0.30 percent at 0715 ET. No major economic events are scheduled . The Toronto Stock Exchange's S&P/TSX com
Yahoo! News | Oct 23, 2014 11:39 AM [GMT] | comment? | recommend
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Spain jobless rate dips under 24% Spain's painfully high unemployment rate eased further last quarter, dipping under 24 percent for the first time since 2011 as economic recovery apparently gained pace, official data showed on Thursday. The rate is still among the highest in the rich
Yahoo! News | Oct 23, 2014 11:38 AM [GMT] | comment? | recommend
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Risks to South Africa's growth remain on the downside: Treasury CAPE TOWN (Reuters) - Risks to South Africa's economic growth remain on the downside and are partly domestically driven, a senior finance ministry official said on Thursday, a day after the ministry slashed its GDP forecast for the year. "Our gr
Yahoo! News | Oct 23, 2014 11:15 AM [GMT] | comment? | recommend
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African beacon Botswana prepares for tight election By Joe Brock and Tiisetso Motsoeneng GABORONE (Reuters) - Botswana will on Friday hold what are expected to be its closest elections since gaining independence from Britain 48 years ago as President Ian Khama's ruling party faces growing dissent in a
Yahoo! News | Oct 23, 2014 10:51 AM [GMT] | comment? | recommend
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German industry downgrades growth forecast The German BDI industry federation downgraded Thursday its growth forecast for the current year as the outlook for Europe's biggest economy continues to cloud over. BDI chief Markus Kerber said the federation is now pencilling in growth of 1.2-1.4 pe
Yahoo! News | Oct 23, 2014 10:19 AM [GMT] | comment? | recommend
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Eurozone business activity picks up in October Business activity in the 18-nation eurozone strengthened slightly in October, a key survey showed Thursday, but overall the economy remained weak with new orders low and pressure on prices. Markit Economics said its Composite Purchasing Managers Output In
Yahoo! News | Oct 23, 2014 10:06 AM [GMT] | comment? | recommend
Watchdog: many countries fall short on bribe rules BERLIN (AP) An anti-corruption watchdog says that several of the Group of 20 global economic powers are making little or no effort to enforce rules barring multinational companies from paying bribes abroad, and only Canada has improved significantly in th
Yahoo! News | Oct 23, 2014 09:53 AM [GMT] | comment? | recommend