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Economy News

RSS feedDisplaying articles 31 - 40 of most recent articles

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IMF advises Tanzania to keep public debt in check DAR ES SALAAM (Reuters) - The International Monetary Fund said on Thursday that Tanzania is on track to reach its target for economic growth of about 7 percent this year, but warned the government to keep its public debt in check. Tanzania has stepped up
Yahoo! News | Oct 30, 2014 11:17 AM [GMT] | comment? | recommend
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German labour market holds its own in face of slowing economy Unemployment in Germany, Europe's biggest economy, fell unexpectedly this month, as the labour market shrugged off cooling economic conditions all around, data showed on Thursday. The number of people registered as unemployed in Germany fell by a sea
Yahoo! News | Oct 30, 2014 10:48 AM [GMT] | comment? | recommend
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Linde industrial gases cuts 2014 profit forecast Linde, the German maker of industrial gases, on Thursday cut its profit forecast for the current year in face of slowing economic conditions in its key areas of business. Industrial gases are used in a wide range of activities, and notably in steelmaking.
Yahoo! News | Oct 30, 2014 10:34 AM [GMT] | comment? | recommend
Lufthansa lowers profit forecast for 2015 FRANKFURT, Germany (AP) German airline Deutsche Lufthansa AG has lowered its profit forecast for 2015 over concerns that the global economy may experience a downturn next year.
Yahoo! News | Oct 30, 2014 10:31 AM [GMT] | comment? | recommend
Spanish economy grows for 5th quarter in a row MADRID (AP) Spain's economy grew by 0.5 percent in the third quarter compared with the previous three months, its fifth consecutive quarterly growth.
Yahoo! News | Oct 30, 2014 08:41 AM [GMT] | comment? | recommend
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South Africa cbank's Marcus says CPI targets reduce price pressure PRETORIA (Reuters) - South Africa's central bank defended its inflation targeting policy on Thursday, saying it had helped reduce price pressures and contributed to more favourable economic growth. Governor Gill Marcus, whose five year term in office
Yahoo! News | Oct 30, 2014 08:33 AM [GMT] | comment? | recommend
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Lufthansa cuts 2015 forecast on global economic slowdown Lufthansa, Europe's biggest airline, on Thursday cut its profit forecast for 2015 in face of the global economic slowdown. "When we look ahead, we can see that the economic slowdown and the continuing declines in our passenger yields in the face
Yahoo! News | Oct 30, 2014 08:26 AM [GMT] | comment? | recommend
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Asia stocks fall, dollar surges on Fed's hawkish twist By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks were mostly lower and the dollar surged to a three-week high versus the yen after the U.S. Federal Reserve ended its massive quantitative easing programme, as expected, but laced its economic assessment
Yahoo! News | Oct 30, 2014 07:46 AM [GMT] | comment? | recommend
Japan's top steelmaker says half-year profit down 2.9% Nippon Steel & Sumitomo Metal, one of the world's biggest steelmakers, said on Thursday that its half-year profit slipped 2.9 percent, as it pointed to still-high production by Chinese mills. The firm's net profit in the April-September peri
Yahoo! News | Oct 30, 2014 06:58 AM [GMT] | comment? | recommend
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Asia shares mixed after Fed decision Asian markets were mixed on Thursday while the dollar resumed its upward march against the yen after the Federal Reserve wound up its vast bond-buying scheme and reiterated its plan to keep interest rates at record lows. "Its action still depends on
Yahoo! News | Oct 30, 2014 02:53 AM [GMT] | comment? | recommend