Browsing Category News
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Japan still stationary
Japan’s manufacturing activity dropped to a two-year low in March and posted its sharpest decline since records began in October 2001, a survey showed today. The disruption of pr... -
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OPEC on target for $1trn revenue
OPEC, the crude oil producer’s cartel, could this year for the first time ever bank $1trn in export revenue if crude oil prices maintain their 100 bbl, the IEA said. Brent Light... -
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Construction returns to profit
Leading plumbing and construction supplier Wolseley saw its shares climb 3.8 percent and top the key gainers on the FTSE 100 this morning following the release of its results. The ... -
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Pacific shares under pressure
For the first time in three days the FTSE Asia Pacific index has fallen 0.4 percent, while the Nikkei stock average fell 0.57 percent or 57.60 to 9578.53. Renewed worry about high ... -
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Brazil’s housing carnival stokes bubble worries
Listening to Jose Carlos de Vasconcellos talk about Rio de Janeiro’s property market is like being transported back to the bubble days in the US or Europe. The 60-year-old, who c... -
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Oil slides below $115 as Libyan rebels make gains
Oil has retreated with Brent slipping below $115 after Libyan rebels regained control of key oil towns, and unrest over the weekend was limited to minor crude exporters Syria and Y... -
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UK sees slower growth, above-target inflation
Britain has cut its economic growth forecast and said inflation would remain above target this year and next in a budget that stuck to ambitious deficit-busting goals. Seeking to s... -
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True Finns chief wants to renegotiate euro fund
The leader of the populist True Finns party, vying for a key role in the next Finnish government, has said he would demand to renegotiate a package of EU measures to tackle the eur... -
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Cinven readying 5bn euro fundraising
European private equity firm Cinven has kicked off a fundraising drive for its fifth buyout fund, aiming to gather up to 5bn euro ($7.1bn) for new deals, people familiar with the s... -
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Rising China threatens US clout in Latin America
Largely shut out by traditional international lenders, Argentina still had a place to turn last year for the billions of dollars it needed to renovate its decrepit railway system â...
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