US Stocks Shake Gloom As Oil Tops $50/barrel
Wall Street stocks rallied Thursday, shrugging off uncertainty over President Donald Trump's agenda and advancing as US fourth-quarter growth was ...
Tag: oil prices
The Biggest Game Changer In African Fashion Is…the Internet
An increasing number of designers on the continent are morphing from small tailor businesses into recognized and respected fashion houses, ...
Aircraft Sales Again Lift US Durable Goods In February
Orders for manufactured big-ticket products continued to rise in February, boosted by strong civilian aircraft sales, the US Commerce Department ...
S.Korea Throws Shipbuilder Daewoo New $6 Bn Lifeline
South Korea offered troubled Daewoo Shipbuilding & Marine Co. a new $6 billion bailout on Thursday, as the giant firm's ...
Nigeria Remains ‘critical’ Market In Africa Despite Recession
Investors have expressed confidence in the resurgence of Nigeria’s struggling economy, describing it as ‘very critical’ to building African companies ...
Japan’s February Trade Surplus Hits Multi-Year High
Japan's trade surplus hit a multi-year high in February, government data showed Wednesday, as exports to China rebounded after a ...
The Billionaires Club Shrank By 283 Last Year
The billionaire population took a hit last year, declining 3.1% from its record high in 2015, according to a report ...
US Stocks Dip On Oil Retreat, Protectionism Fears
Wall Street stocks dipped early Monday with worries about trade protectionism pressuring global markets, while petroleum-linked equities fell on the ...
Saudi Aramco Resumes Egypt Oil Deliveries
Egypt has received its first two oil shipments from Saudi giant Aramco after deliveries were suspended for several months over ...
Halfway Into 2017’s Oil Supply Cut, Asia Remains Awash With Fuel
Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to ...
ACEP Urges Upward Review of Allocation To Stabilisation Fund
The Africa Center for Energy Policy (ACEP) wants the government to revise the hundred million dollars allocation to the stabilization ...
OMCs Yet To Reduce Prices As Goil’s Prices Drop By 1%
It appears most of the Oil Marketing Companies (OMCs) have not reduced the prices of their petroleum products for the ...
Asian Stocks Mark Time, Waiting For Clearer View On U.S. Rates
Asian stocks consolidated recent gains on Wednesday before a U. S. central bank policy meeting that could signal how much ...
Energy Drags On Wall St. As Oil Falls Further; Airlines Slide
U. S. stocks fell on Tuesday as oil prices dropped to their lowest since November and airlines pulled industrial stocks ...
Sterling Slips As Brexit Talks Get Green Light, Stocks Advance Before Fed
Sterling dropped on Tuesday after Britain's parliament paved the way for Prime Minister Theresa May to launch divorce talks with ...
Global Stocks, Dollar Up Slightly As Pivotal Week For Markets Gets Underway
An event-packed week for global markets got underway on Monday with stocks steady and the dollar recovering from a three-day ...
Stocks Rise As U.S. Jobs Data Points To Rate Hike; Crude Slips
Crude oil resumed a sharp decline and global equity markets rose on Friday after a robust U. S. jobs report ...
FirstBanC MD Says 2017 Budget Is Achievable But Warns of Risk Factors
The Managing Director of FirstBanC financial services, Mr. Amenyo Setordzie has observed that although the wide-ranging tax cuts could place ...
GPRTU Denies 15% Transport Fare Hikes
The Ghana Private Road Transport Union (GPRTU) has dismissed claims by a section of the public that transport fares have ...
OPEC Output Cuts Exceed Target
OPEC compliance with oil output reductions has exceeded the target because of higher Saudi cuts, Kuwaiti Oil Minister Essam al-Marzouk, ...