The British American Tobacco planned to cut 950 jobs at their German factory to reduce costs as smoking in Western Europe decline. The maker of Lucky...
A group of Chinese investors planned to invest about 40 billion rand ($2.8 billion) in South Africa’s energy and metals-related industrial park. The Chinese group led...
US labor market continues to show strong rebound, following June remarkable non-farm payrolls. The weekly jobless claims remain unchanged at 250,000, according to the Labor Department...
The Bank of England surprisingly left its widely expected rate unchanged. The nine-member monetary committee led by Governor Mark Carney voted 8-1 to keep the rate...
Australian economy added more full-time jobs in June, even though unemployment edged up to 5.8 percent from 5.7 percent recorded in May, the labour market remains...
The Nigerian Naira plunged to N360 against the US dollar at the parallel market on Wednesday, following a supply shortage of the greenback in the interbank...
Bank of Canada left its interest rate unchanged on Wednesday. The central bank left its interest rate at 0.5 percent on Wednesday, downplaying the effect of...
Malaysia’s central bank cuts interest rates to strengthen the economy as global risks weigh on growth. Bank Negara Malaysia reduced its overnight policy rate by 25...
Fitch Ratings has downgraded two of Nigeria’s biggest banks, citing the recent drawdown of the nation’s sovereign credit rating. The global credit rating downgraded the United...
The Federal Reserve Bank of St.Louis President James Bullard on Tuesday said Brexit wouldn’t have a significant effect on the U.S economy, and that a drop...