U.S. Retail Sales Fall Unexpectedly in March U.S. retail sales fell in March as households cutback on purchases of automobiles. This raised concerns that consumer spending is...
Nigerian economy continues to nosedive as recent inflation report confirmed all is not well with Africa’s largest economy. The consumer price index data shows price of...
Eurozone Industrial Production Falls Than Expected Eurozone industrial production plunged the most in almost two years in February, erasing some of the improvements recorded at the...
IMF Cuts 2016 Global Growth Forecast to 3.2% The International Monetary Fund (IMF) warned of global economy standstill as it cut global outlook for 2016 and 2017....
Fitch ratings Ltd. downgraded Saudi Arabia from AA to AA- on Tuesday, citing downwardly revised oil prices for 2016 and 2017. According to the agency press release “the...
U.K. inflation rate rose to 15 month high in March as Easter boosted prices. United Kingdom consumer prices rose 0.5 percent from a year earlier, according to...
Alibaba Group Holding Ltd. agreed to buy control of Indonesian e-commerce operator Lazada Group SA for about $1 billion to tap growth in Southeast Asia China’s...
Australian business confidence surged to the highest in almost five years ahead of Thursday unemployment rate release. According to a National Australia Bank Ltd. survey of...
It was a scene straight from a science fiction movie. A white, pencil-shaped rocket angling down through a hazy-blue sky, then gracefully touching down, amid billowing...
Oil rose the most in eight weeks as U.S. production continued to slide ahead of producers meeting to discuss production cut. Crude slid to the lowest...
