Archive for the January 3, 2018
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Siemens will test the appetite of sovereign wealth funds ahead of the planned listing of its healthcare unit Healthineers next year, its chief executive told a German weekly, possibly to secure anchor investors for the
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Kenya's gross domestic product grew by 4.4 percent in the third quarter of 2017, compared to 5.6 percent in the same period last year, the statistics office said on Friday. "The macroeconomic fundamentals remained largely
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Growth in British manufacturing cooled last month from four-year highs struck in November, but the sector remained a bright spot in Britain's economy heading into 2018, a survey showed on Tuesday. In contrast to accelerating
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Germany's workforce expanded last year by the most in 10 years, data showed on Tuesday, underlining the strength of a labour market that has helped consumption overtake exports as the main driver of growth in
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China's central bank injected a net 212.36 billion yuan ($32.7 billion) into the financial system via short- and medium-term liquidity tools in December, rising sharply from November as it sought to ease tight cash conditions
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China will invest $1 billion in the construction of three 60-storey buildings at a mega-project near Sri Lanka's main port, Colombo said Tuesday, as Beijing aims to boost its influence in the Indian Ocean. The
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Eurozone factories ended 2017 growing at their fastest pace in more than two decades while performance in Asia was more uneven, with its third-largest economy India leading the field and manufacturing giant China unexpectedly resilient.
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Sudanese Finance Minister Mohammed Osman al-Rikabi said on Tuesday that banks across the world are still wary of working with Khartoum despite the US ending a trade embargo. The United States ditched its 20-year trade
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Rent-A-Center Inc said on Tuesday that its Chief Executive Mark Speese had resigned and would be succeeded by former president Mitchell Fadel, effective immediately, amid the company's plan to explore strategic options. The rent-to-own furniture
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Oil giant BP will take a one-off $1.5 billion charge to adjust to new US tax rules, joining rival Royal Dutch Shell and other companies, but expects a long-term boost from the corporate-friendly tax rates,
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