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The Middletown Press
Eurozone economy keeps up strong momentum toward year-endLONDON (AP) — A survey shows that business activity grew at a high rate in the
The Middletown Press / Posted a minute ago
LONDON (AP) — A survey shows that business activity grew at a high rate in the 19-country eurozone economy at the start of the final quarter of the year. The purchasing managers' index, a gauge of activity in the services and manufacturing sectors... Read more
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Geelong Advertiser
Saudi PIF commits $US20b to $US50b fundSaudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealt
Geelong Advertiser / Posted a minute ago
Saudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealth fund, will contribute $US20 billion ($A26 billion) to a $US50 billion ($A64 billion) fund with US private equity firm Blackstone. The fund will invest in "conventional... Read more
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CBC.ca
Top executives play blame game over Sears Canada's demiseSears Canada may be over, but the mudslinging over who brought it down has just
CBC.ca / Posted 5 minutes ago
Sears Canada may be over, but the mudslinging over who brought it down has just begun. Majority shareholder Eddie Lampert fired the latest shot in a blog on Sunday. If Sears Canada had adopted a less risky reinvention strategy, it could have avoided... Read more
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CBC.ca
Rosy economic picture in fall update will give Liberals a chance to crowFinance Minister Bill Morneau hasn't had a lot of wins lately, but today's fall
CBC.ca / Posted 5 minutes ago
Finance Minister Bill Morneau hasn't had a lot of wins lately, but today's fall economic update could be an opportunity to bask in the glory of a healthy Canadian economy. With unemployment down and GDP growing, the Liberals could take credit for a... Read more
6m
The Bismarck Tribune
Eurozone economy keeps up strong momentum toward year-endThe purchasing managers' index, a gauge of activity in the services and manufac
The Bismarck Tribune / Posted 6 minutes ago
The purchasing managers' index, a gauge of activity in the services and manufacturing sectors published Tuesday by IHS Markit, was at 55.9 points in October, down slightly from 56.7 in September. The index is on a 100-point scale, with anything above... Read more
4 related articles
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asianage
SBI's profit, capital hinge on NPA resolution: Moody'sNew Delhi: The ongoing rounds of non performing loan resolutions initiated by t
asianage / Posted 7 minutes ago
New Delhi: The ongoing rounds of non performing loan resolutions initiated by the Reserve Bank of India hold the key to the State Bank of India's credit profile, said Moody's Investors Service. "The resultant haircut on SBI's assets will likely show... Read more
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AllAfrica.com
Nyusi Urges Investment in InnovationMaputo — Mozambican President Filipe Nyusi on Monday urged African governments
AllAfrica.com / Posted 7 minutes ago
Maputo — Mozambican President Filipe Nyusi on Monday urged African governments to invest in education, innovation and information and communication technologies (ICTs) to ensure that all countries can become important actors in the global knowledge... Read more
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AllAfrica.com
Has Enough Been Done for Housing Affordability?The recent revision of the terms and conditions for CABS' Budiriro high density
AllAfrica.com / Posted 8 minutes ago
The recent revision of the terms and conditions for CABS' Budiriro high density housing projects to increase uptake is ample evidence that housing affordability remains an issue in Zimbabwe. The relaxation of terms and conditions saw home seekers... Read more
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AllAfrica.com
"noticias" Group in Deep Financial CrisisMaputo — The company Sociedade Noticias, which publishes Mozambique's main dail
AllAfrica.com / Posted 8 minutes ago
Maputo — The company Sociedade Noticias, which publishes Mozambique's main daily paper “Noticias”, and its sister publications, the Sunday paper “Domingo” and the sports weekly “Desafio”, is effectively bankrupt, according to the company report and... Read more
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AllAfrica.com
Looming Risks as Kenya, Tanzania Debt Levels on the RiseKenya took on more than $7.6 billion in debt over the past year to June 2017 as
AllAfrica.com / Posted 8 minutes ago
Kenya took on more than $7.6 billion in debt over the past year to June 2017 as the country faced low growth prospects as a result of drought and a political impasse. In the same period, Tanzania's debt rose by $1.12 billion. The country's external... Read more
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AllAfrica.com
Ketraco Fibre-Optic Cable to Go CommercialPower utility firm Kenya Electricity Transmission Company (Ketraco) has entered
AllAfrica.com / Posted 8 minutes ago
Power utility firm Kenya Electricity Transmission Company (Ketraco) has entered into a 10-year partnership with Liquid Telecom to operate its fibre-optic cable. The state-owned company is commercialising its fibre-optic infrastructure with the aim... Read more
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AllAfrica.com
Land Developer to Gross U.S.$20 Million From ChizhanjeLand developer, Shelter Zimbabwe, has started selling residential stands at its
AllAfrica.com / Posted 8 minutes ago
Land developer, Shelter Zimbabwe, has started selling residential stands at its Chizhanje housing project in Mabvuku, which is expected to gross close to $20 million from stands to be sold. The project, which has 1 800 units, is a joint venture... Read more
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AllAfrica.com
Kenyans Face Higher Bills Over U.S.$54 Million Fine in Stalled Wind Power Line ProjectState-owned power utility Kenya Electricity Transmission Company (Ketraco) is i
AllAfrica.com / Posted 8 minutes ago
State-owned power utility Kenya Electricity Transmission Company (Ketraco) is in trouble over negligence in the award of a major contract, exposing taxpayers to a $54.2 million fine. Ketraco awarded Spanish firm Isolux Ingeneria SA the contract to... Read more
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AllAfrica.com
It's Sh7.7 Billion Per Kilometre for New JKIA RunwayA new 4.8-kilometre runway that can handle larger aircraft is set to be built a
AllAfrica.com / Posted 8 minutes ago
A new 4.8-kilometre runway that can handle larger aircraft is set to be built at the Jomo Kenyatta International Airport. The runway, which will be 75 metres wide, is significantly better than the current one that is 4.2 kilometres long and 60... Read more
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Weekly Times
Saudi PIF commits $US20b to $US50b fundSaudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealt
Weekly Times / Posted 8 minutes ago
Saudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealth fund, will contribute $US20 billion ($A26 billion) to a $US50 billion ($A64 billion) fund with US private equity firm Blackstone. The fund will invest in "conventional... Read more
3 related articles
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The Courier Mail
Vocus chairman sorry for 'unpleasant' yearVocus chairman Vaughan Bowen has apologised to the data network company's share
The Courier Mail / Posted 8 minutes ago
Vocus chairman Vaughan Bowen has apologised to the data network company's shareholders for what he says was "not a good year". Mr Bowen described 2016/17 as an "exceptionally intense" and "unpleasant period" after management changes, an earnings... Read more
8 related articles
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The Courier Mail
'Shocked' Lew takes aim at Myer boardSolomon Lew has launched a new attack on the board of Myer and called on shareh
The Courier Mail / Posted 8 minutes ago
Solomon Lew has launched a new attack on the board of Myer and called on shareholders to help him oust the department store's directors at next month's annual general meeting. Citing a falling share price, failing customer service and poor... Read more
27 related articles
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The Courier Mail
Shares extend gain as A2 hits new recordNew Zealand shares eked out another gain on Tuesday as the market digested the
The Courier Mail / Posted 8 minutes ago
New Zealand shares eked out another gain on Tuesday as the market digested the details of the governing deals made by the incoming Labour government. A2 Milk hit a fresh record while retirement village stocks fell. The S&P/NZX50 Index edged up 0.55... Read more
2 related articles
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The Courier Mail
Kiwi falls after coalition details emergeThe New Zealand dollar fell on Tuesday after government policy details emerged
The Courier Mail / Posted 8 minutes ago
The New Zealand dollar fell on Tuesday after government policy details emerged in Labour's coalition agreement between Labour and NZ First and the confidence and supply deal with the Greens. The kiwi slipped to US69.44c as at 5pm from US69.61c as at... Read more
2 related articles
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The Courier Mail
Saudi PIF commits $US20b to $US50b fundSaudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealt
The Courier Mail / Posted 8 minutes ago
Saudi Arabia's Public Investment Fund (PIF), the country's main sovereign wealth fund, will contribute $US20 billion ($A26 billion) to a $US50 billion ($A64 billion) fund with US private equity firm Blackstone. The fund will invest in "conventional... Read more
3 related articles
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Hindustantimes.com
US looks forward to completing Sea Guardian deal with India, says officialThe major decision to sell unarmed Sea Guardian drones was announced during the
Hindustantimes.com / Posted 8 minutes ago
The major decision to sell unarmed Sea Guardian drones was announced during the summit meeting between Prime Minister Narendra Modi and President Donald Trump on June 26. The US “looks forward to completing the deal for transferring Sea Guardian... Read more
6 related articles
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The Courier Mail
'Erosion in standards' forced APRA to actAustralian Prudential Regulatory Authority chairman Wayne Byres says the bankin
The Courier Mail / Posted 8 minutes ago
Australian Prudential Regulatory Authority chairman Wayne Byres says the banking regulator was forced to rein in lending to property investors because of "an erosion in standards" in the mortgage market. Alarmed by soaring household debt and... Read more
10m
Reuters
Dismantling of NAFTA would prompt S&P to revisit Mexico ratingLONDON (Reuters) - S&P Global Ratings would reassess Mexico’s sovereign credit
Reuters / Posted 10 minutes ago
LONDON (Reuters) - S&P Global Ratings would reassess Mexico’s sovereign credit rating if the North American Free Trade Agreement (NAFTA) is “materially dismantled”, the ratings agency said on Tuesday, whilst stressing this was not its base case. S&P... Read more
10m
Reuters
Russia holds spot as China's top oil supplier for seventh month: customsBEIJING (Reuters) - Russia held on to its position as China’s top crude oil sup
Reuters / Posted 10 minutes ago
BEIJING (Reuters) - Russia held on to its position as China’s top crude oil supplier ahead of Angola and Saudi Arabia for the seventh straight month in September, with shipments hitting a record as refiners rushed to buy lower-sulfur oil to meet... Read more
10m
Reuters
Toshiba weighing options in case chip unit sale not completed by MarchCHIBA CITY, Japan (Reuters) - Toshiba Corp (6502.T) said it is considering vari
Reuters / Posted 10 minutes ago
CHIBA CITY, Japan (Reuters) - Toshiba Corp (6502.T) said it is considering various measures in case the $18 billion sale of its chip unit does not close by the end of the financial year and leaves the embattled conglomerate short of funds needed to... Read more
3 related articles
10m
Arizona Daily Sun
Eurozone economy keeps up strong momentum toward year-endThe purchasing managers' index, a gauge of activity in the services and manufac
Arizona Daily Sun / Posted 10 minutes ago
The purchasing managers' index, a gauge of activity in the services and manufacturing sectors published Tuesday by IHS Markit, was at 55.9 points in October, down slightly from 56.7 in September. The index is on a 100-point scale, with anything above... Read more
4 related articles
10m
Reuters
Monte dei Paschi shares to resume trading after 10-month haltMILAN (Reuters) - Monte dei Paschi di Siena shares will resume trading on Wedne
Reuters / Posted 10 minutes ago
MILAN (Reuters) - Monte dei Paschi di Siena shares will resume trading on Wednesday, after a failed attempt by Italy’s fourth-largest bank to raise capital triggered a 10-month suspension. The world’s oldest bank had to turn to Rome for help in... Read more
10m
Swissinfo
Strong Swiss Franc Has Only Secondary Effect on Exports: Study(Bloomberg) -- It turns out that a strong franc may not have that much of an im
Swissinfo / Posted 10 minutes ago
(Bloomberg) -- It turns out that a strong franc may not have that much of an impact on Switzerland’s foreign trade after all. While the country’s exports suffered in 2015, a newly published study indicates the Swiss National Bank’s policy U-turn... Read more
10m
Swissinfo
Euro Edges Higher After Data; Stocks, Bonds Slip(Bloomberg) -- The euro edged higher after data showed Europe’s economy maintai
Swissinfo / Posted 10 minutes ago
(Bloomberg) -- The euro edged higher after data showed Europe’s economy maintaining momentum, but the region’s stocks drifted lower as investors kept one eye on events in Spain and the impending ECB gathering. Treasuries and government bonds also... Read more
16 related articles
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Reuters
China lead, iron ore imports from North Korea sink after U.N. sanctionsBEIJING (Reuters) - China’s imports of iron ore and lead concentrate from North
Reuters / Posted 10 minutes ago
BEIJING (Reuters) - China’s imports of iron ore and lead concentrate from North Korea plunged to their lowest in more than six years, while coal arrivals fell sharply after the United Nations’ latest sanctions against the isolated nation, data showed... Read more
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