Oil Trades Above $58 as U.S. Stockpile Draw Boosts OPEC Optimism Oil held near a two-year high as U.S. crude inventories shrank, adding to optimism that...
Kenya Holds Key Rate as Policy Bind Persists on Rate-Cap Law Kenya’s central bank left its key rate unchanged for a seventh straight meeting as a...
Peter Thiel Sells 73% of His Remaining Stake in Facebook Billionaire Peter Thiel, an early investor in Facebook Inc., sold 73 percent of his stake in...
South Africa Holds Rate as Uncertainty Raises Chance of Increase South Africa’s central bank held its key rate and forecast more increases over the next two...
Euro-Area factory Output at 81-month High in November Manufacturing companies in the Euro-area sustained job creation and continued to attract new orders in November. The euro-area...
German Economy Grows at 0.8% in Q3 The largest economy in Euro-area, Germany, sustained growth momentum in the third quarter of the year as exports and...
New Zealand Retail Sales Climb 0.2% in Q3 New Zealand retail sales climbed less than expected in the third quarter following the drop in restaurant sales....
New Regulation Threatens N466b Power Sector Loans The nation’s banks could lose over N466 billion exposures to the power sector due to new policy by the...
Developing Countries to Lead Oil Demand Growth Till 2040, Says OPEC The Organisation of Petroleum Exporting Countries (OPEC) has said developing countries will lead oil demand...
Fidelity Bank Partners Africa’s Young Entrepreneurs Fidelity Bank Plc. has partnered with the Africa’s Young Entrepreneurs (AYE) to empower entrepreneurs in Nigeria. The partnership agreement between...