Saudi Arabia’s investments in Sudan’s agriculture sector is likely to reach more than $13 billion after the north African nation introduced new legislation to protect investors and attract…
World Economy
Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two…
Volatility has suddenly returned to US stocks, and for the first time all year it doesn’t appear that the weakness in equities will go away quietly in the span of a few days.
Finance ministers from the world’s largest economies are planning major infrastructure projects, part of a bid to boost the global economy. The US criticized Germany’s thriftiness, yet France was…
France’s ailing economy has been delivered another blow as ratings agency Standard and Poor’s (S&P) lowered its outlook from “stable” to “negative,” saying its financial recovery is “elusive…
Chancellor George Osborne has warned that the UK economy will be affected by the slowdown in the eurozone economy. Talking to the BBC, he said this was a “critical moment for the British economy…
A Saudi-American-Chinese consortium has proposed to build a coal-fired power plant in the newly created Indian state of Telangana at an investment of nearly $4.5 billion, TradeArabia reported. The…
European stock markets have seen sharp falls as fears deepen over prospects for the global economy, BBC reported.
London’s FTSE 100 share index was down 1%. France’s Cac 40 index…
Dismal data showing both mining and manufacturing output contracted on an annual basis in August, highlights the continued vulnerability of South Africa’s productive sectors.
Turkey opposition party leaders and prominent business leaders have criticized the ruling Justice and Development Party’s (AK Party) medium-term economic plan, which was unveiled Thursday by…
Indian Prime Minister Narendra Modi said that $100 billion of foreign investments are waiting to enter Indian shores and it is now up to the states to compete for a larger pie of these investments…
Qatar has awarded $22.5-billion contracts in the first nine months and with several infrastructure projects lined up for launch in the final quarter, the value could swell up to $30 billion for…
US software maker Symantec is the latest tech company to announce that it will split its operations into two. The Norton antivirus software maker said it would spin off operations into two…
The British Chambers of Commerce (BCC) on Thursday warned that the British economy may stall after its quarterly survey showed economic growth pace was easing, Xinhua reported. The BCC’s third…
Growth in the Middle East and North Africa is forecasted to average 4.2 percent in 2015, the World Bank reported in its latest Middle East and North Africa …
In Hong Kong, parking spaces are some of the hottest properties on the market. Eager buyers in this densely populated city have pushed prices to record highs in recent months, with prime spaces…
Apple Inc will have at least three days to review and potentially move to bar any information about its relationship with GT Advanced Technologies Inc that may arise during the latter’s…
India is on the minds of business leaders everywhere. Within a few decades, India will be the world’s most populous nation and one of its largest economies. it is also a complex and a challenging…
German exports slumped by 5.8% in August, their biggest fall since the height of the global financial crisis in January 2009, a clear sign that Europe’s largest economy is faltering amid…
Though braced by a resurgent US, the global economy is under threat from other regions – from Europe and Latin America to China and Japan – where growth is stalling and prospects remain dim.
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The European Union and Kazakhstan have signed an agreement in Brussels Thursday, forging closer economic and political ties. President Nursultan Nazarbayev also met with European Commission…
The Bank of Japan won’t reach its 2 percent inflation target next year and needs to manage expectations, according to the International Monetary Fund. “The BOJ hasn’t lowered the flag on…
Mario Draghi said investors predict the European Central Bank will start increasing interest rates by 2017 as he pledged to expand stimulus measures if needed. “When we look at…
The explosion in US production of fossil fuels is reshaping the economies of some states — and also changing the calculus of politicians, MarketWatch reported Wednesday.
