Fed’s Dudley Sees Temporary Low Inflation The president of the Federal Reserve Bank of New York, William Dudley said factors limiting price pressures would disappear over...
Record-High Nigeria Rate Seen Held to Curb Inflation, Back Naira Now that Nigeria’s economy is recovering from its worst slump in 25 years, the central bank...
Iran Says OPEC Must Address Rising Libya, Nigeria Oil Output OPEC’s commitment to cutting production to clear a global glut is working, but the group needs...
Japan’s Abe Announces Plans for 2 Trillion Yen Spending Package Japanese Prime Minister Shinzo Abe announced on Monday that he would seek to implement a 2...
Euro Drops After German Vote; Gold Falls, Oil Dips Politics dominated trading on Monday, with the euro sliding as Germany’s election result foreshadowed potentially complex political-coalition...
African Carriers Post Increased Cargo Demand African carriers have posted the largest year-on-year increase in demand for air cargo as global industry sees double digit rise...
Canadian Inflation Accelerates to 1.4% on Gasoline Canadian consumer prices continued to show some signs of pick up last month, Statistics Canada said Friday in a...
Zuckerberg Plans to Sell as Much as 18% of His Facebook Shares Mark Zuckerberg, the world’s fifth-richest person, plans to sell as much as 18 percent...
BOJ Keeps Policy Rates Unchanged Once Again The Bank of Japan on Thursday left monetary policy rate unchanged amid growing political uncertainties. The Monetary Policy Committee...
Forte Oil Suspends N20b Offer The board of directors of Forte Oil Plc has decided to suspend the energy group’s bid to raise new equity funds....