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Category: Economy

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Latest News (22331 articles)

Economy Bloomberg
85d ago
Oil Market Faces 2 Million Barrel-per-Day Surplus: BofA

“The market is oversupplied, inventories are rising,” Francisco Blanch, head of commodities research at Bank of America Global Research, says …

Bank of America's commodities research predicts a 2 million barrel-per-day surplus in the global Brent … High (90%)
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Economy Bloomberg
85d ago
Namibia Needs More Funds to Combat FMD Outbreak in Livestock

Namibia estimates it needs far more money than it has already set aside to shield its livestock industry from an …

Namibia's livestock industry is facing a significant threat from the foot-and-mouth disease outbreak in South … High (70%)
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Economy Bloomberg
85d ago
India’s SBI Tops Market Value of Tech Giant TCS After 15 Years

State Bank of India — India’s largest state-backed lender — saw its market value surpass that of the country’s top …

India's SBI has surpassed TCS in market value for the first time in 15 years, … High (90%)
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Economy Bloomberg
85d ago
Anwar Pushed to Suspend, Investigate Malaysia’s Anti-Graft Chief

Malaysian Prime Minister Anwar Ibrahim, who rose to power on a pledge to clean up government, is facing calls to …

Malaysian Prime Minister Anwar Ibrahim is under pressure to suspend the anti-graft chief and investigate … High (75%)
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Economy Bloomberg
85d ago
UK Firms Chase Sterling Bond Demand After Alphabet’s Bumper Deal

The sterling bond market is showing its depth after the bumper Alphabet Inc sale, with three UK firms raising new …

UK firms are taking advantage of the sterling bond market's demand, following Alphabet's successful bond … High (90%)
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Economy Bloomberg
85d ago
Weak Jobs Data Seen as Potential Catalyst to Push Stocks Higher

As Wall Street awaits a potentially consequential US employment report, some investors are counting on bad news for the economy …

Weak jobs data is expected to boost stocks as investors see it as a potential … High (80%)
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Economy Bloomberg
85d ago
India, Malaysia Join the Dark Fleet Crackdown

The dark fleet transporting sanctioned oil faced new pressure this month, with India and Malaysia seizing tankers for alleged unlicensed …

India and Malaysia have joined the global effort to crack down on dark fleets transporting … High (80%)
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Economy Bloomberg
85d ago
AstraZeneca Sees Further Growth, Lifted by Cancer Drugs

AstraZeneca expects profit to grow further this year, boosted by sales of its cancer drugs as it works to offset …

AstraZeneca expects further profit growth this year, driven by sales of its cancer drugs, which … High (90%)
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Economy Bloomberg
85d ago
Kenya Sees ‘Ideal’ Window for Eurobond Issuance as Costs Fall

A fall in borrowing costs have made conditions ‘ideal’ for another Kenyan eurobond issuance, according to the nation’s Treasury Secretary …

Kenya's Treasury Secretary sees a favorable opportunity for another eurobond issuance due to falling borrowing … High (80%)
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Economy Bloomberg
85d ago
Germany’s Gas Refill Season Looks Tough, Market Manager Says

Germany’s gas storage operators are set to face a “difficult” stockpiling season this summer as it’s unprofitable to refill the …

Germany's gas storage operators are expected to face a challenging refill season due to unprofitable … High (80%)
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Economy Bloomberg
85d ago
Construction Boom Draws Thousands of Cubans Into Oil-Rich Guyana

Guyana, a fast-growing petrostate, is ripe with construction plans but short on workers. So the companies building roads, bridges and …

Guyana's construction boom is attracting thousands of Cuban migrants to work on infrastructure projects, driven … High (80%)
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Economy Bloomberg
85d ago
Bolivia Seeks as Much as $3.3 Billion in IMF Financing

Bolivia is in talks with the International Monetary Fund over a program that could provide as much as $3.3 billion …

Bolivia is seeking up to $3.3 billion in IMF financing to address its economic crisis, … High (80%)
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