Wed, 24 Jul 2019

IMF again trims global economic growth forecast

WASHINGTON, DC - The IMF has revised downward its projection for global growth, saying the world economy is becoming sluggish.In ...

U.S. dollar surges in Asia, stocks also higher

SYDNEY, Australia - Stocks in Asia surged on Tuesday, while the U.S. dollar also forged ahead.The euro fell sharply, relinquishing ...

U.S. stocks advance, dollar well bid Monday

NEW YORK, New York - U.S. stocks rose on Monday in a positive start to the week. Investors were buoyed ...

Star Market makes spectaclar debut in China

SHANGHAI, China - China's answer to the Nasdaq made a spectaculatr debut on Monday with the capitalization of the new ...

Boeing to take near-$5b hit due to MAX 737 groundings

CHICAGO, Illinois - Boeing says it will take an after-tax hit of $4.9 billion, or $8.74 per share, over the ...

Why Zimbabwe is running on empty, again

Hunger, rocketing inflation, power blackouts, fuel queues - Zimbabwe has been here before, but it's been a decade since things ...

Stocks track upbeat global sentiment

The local bourse tracked other global markets higher as it managed to close firmer on Tuesday.Although modest, major equity indices ...

Crowds swoop in to grab beer when truck loses load

A truck carrying cans of Castle Milk Stout was looted after some stock toppled out the back on the N3 ...

A fading 'Flo'? Whoa, there ...

Cape Town - Competition for Springbok loose-forward places is traditionally intense.The time-honoured hallmark is little different, really, in 2019.It is ...

Coca Cola tops profit estimates with higher prices, less sugar

Coca-Cola posted profit that beat estimates as the beverage giant got another boost from drinks with less sugar, more than ...

China launches STAR market as Equities retreat

Global equity markets started the week on the mixed as markets anticipate this week's earnings out of the United States.Tensions ...

Inter-ministerial group recommends banning of virtual currencies

New Delhi [India], July 22 (ANI): An inter-ministerial committee has recommended banning cryptocurrencies in the country and imposing penalties for ...

Could a tax on stock trades pay off the nation's student debt?

If several of the Democratic candidates for president have their way, student debt will be a thing of the past ...

Politics fails to dent rand as traders look to Fed

South Africa's most recent political ructions have proved to be just noise for rand traders."The political drama is relatively benign ...

Sensex closes 306 points lower, banking and financial services drag

Mumbai (Maharashtra) [India], July 22 (ANI): Equity benchmark indices continued their downward slide on Monday with selling pressure more pronounced ...

Sensex, Nifty plunge as small and midcap stocks come under pressure

Mumbai (Maharashtra) [India], July 22 (ANI): Equity benchmark indices extended losses during early hours on Monday tracking weak global cues ...

PepsiCo takes Africa foothold with R24.4bn Pioneer Foods deal

PepsiCo agreed to buy South Africa's Pioneer Foods for about R24.4bn, adding local brands such as Weet-Bix breakfast cereal and ...

Hyundai Creta, Venue, i20, i10 Grand, Santro - Price hike Aug 2019

Hyundai India has announced a price hike from August 2019. The price hike across its product range will be upto ...

Skoda Rapid, Octavia, Superb, Kodiaq - Discount offers July 2019

Skoda Auto India which had been offering discounts and exchange benefits through the months of April, May and June is ...

Interview Pnar Bilgin

Pınar Bilgin is Professor of International Relations at Bilkent University. She is the author of Regional Security in the Middle ...

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For Syrians in Istanbul, fears rise as deportations begin

Turkey is deporting Syrians from Istanbul to Syria, including to the volatile northwest province of Idlib, according to people who ...

Anglophone Prisoners Riot in Cameroon Amid Separatist Crisis

YAOUNDE - Cameroonian security forces moved Tuesday to quell uprisings in two prisons by inmates protesting the government's crackdown on ...

Italy to work with Boris Johnson to ensure orderly Brexit: PM

Rome [Italy], July 24 (ANI): Italian Prime Minister Giuseppe Conte on Tuesday said that Italy will work with newly elected ...

Rally In St. Petersburg For Slain LGBT Activist

MOSCOW -- Several dozen demonstrators rallied in St. Petersburg to mourn Yelena Grigoryeva, an LGBT rights campaigner who was slain ...

Macron: EU countries agree to new migrant and refugee mechanism

Fourteen-member countries of the European Union agreed to a new "solidarity mechanism" proposed by Germany and France to allocate migrants ...

Puerto Ricans launch massive protest against governor

Hundreds of thousands of angry protesters blocked the main road in Puerto Rico's capital on Monday in the largest demonstration ...

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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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