Month: January 2019
Egypt’s annual urban consumer price inflation fell sharply to 12.0 per cent in December from 15.7 pct in November, the official statistics agency CAPMAS said on Thursday, amid mixed expectations among analysts. Inflation had started ...
Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years. Nearly half of the money was targeted at China, accelerating the industry’s transition from ...
Sterling is likely to gain more than eight per cent this year, if Britain and the European Union part ways amicably, according to a Reuters poll of foreign exchange strategists. The pound has largely been ...
The Zambian government says it is finalising the process of finding an equity strategy partner for its sole oil refinery. Minister of Energy, Mathew Nkhuwa, said that negotiations to find a strategic partner for Indeni ...
Asian shares edged up on Thursday on a weaker dollar and hopes of more economic stimulus in China. Though many stocks seesawed as markets awaited some details on this week’s U.S.-China trade talks amid hopes, ...
Oil prices rose by around 1 per cent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may soon resolve trade disputes that have cast a dark shadow over the ...
Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes an all-out trade war that could badly disrupt the ...
Sterling rose on Wednesday following a media report that British Prime Minister Theresa May is attempting to win over the Northern Irish Democratic Unionist Party (DUP) in a crucial vote next week on her Brexit ...
The Central Bank of Nigeria (CBN) has sustained its intervention in the Inter-Bank Foreign Exchange Market by injecting 210 million dollars into the various segments of the market. The Director, Corporate Communications, CBN, Mr Isaac ...
The Federal Government recorded an increase of 8,686.6 megawatts (MW) in power generation in December 2018, as the Transmission Company of Nigeria (TCN) transmitted 125,346.4 mw as against 116,659.8 mw in November 2018. The daily ...
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