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9/28/2016 3:00:19 AM Italy slashes growth forecasts AFP
(MENAFN - AFP) Italy's centre-left government has reacted to fresh evidence of a stalling economy by slashing its growth forecasts for this year and next. Speaking late Tuesday after a lengthy ...
9/28/2016 2:00:20 AM Clinton debate showing lifts stocks but oil weighs AFP
(MENAFN - AFP) Global stocks got a boost Tuesday from Democrat Hillary Clinton's strong performance in the first US presidential debate. Equity markets in Asia finished solidly higher, along with US ...
9/28/2016 1:01:55 AM Nike turns in solid quarter after Olympics AFP
(MENAFN - AFP) Global sports gear titan Nike reported solid revenue growth and beat analyst earnings forecasts for its fiscal first quarter Tuesday, despite a cost surge tied to the Brazil ...
9/28/2016 1:01:54 AM Greek lawmakers pass fresh reforms sought by creditors AFP
(MENAFN - AFP) The Greek parliament on Tuesday adopted fresh austerity measures sought by its international creditors, including expediting privatisation of utility companies. The reforms were ...
9/28/2016 1:01:53 AM World Bank unanimously reappoints President Jim Yong Kim AFP
(MENAFN - AFP) The board of the World Bank has unanimously agreed to name Jim Yong Kim to a second term as president, the global lender announced Tuesday. Kim had been the only candidate in a ...
9/28/2016 1:01:53 AM Microsoft teams with Bank of America on 'blockchain' AFP
(MENAFN - AFP) Microsoft and Bank of America Merrill Lynch on Tuesday announced they are working together to make financial transactions more efficient with blockchain technology -- the foundation of ...
9/28/2016 1:01:52 AM Brazil economy 'poised' for return to growth: US treasury chief AFP
(MENAFN - AFP) The US treasury chief praised Brazil's new government on Tuesday and said the Latin American giant is "poised" to exit a painful recession and return to economic growth. Treasury ...
9/28/2016 1:01:51 AM Morocco signs deal for major Boeing hub AFP
(MENAFN - AFP) Morocco signed an agreement with Boeing on Tuesday to build a new hub for the US aerospace giant that officials hope will create thousands of skilled jobs. King Mohammed VI oversaw ...
9/28/2016 1:01:23 AM Bank of England begins corporate debt purchases AFP
(MENAFN - AFP) The Bank of England on Tuesday began buying £10 billion of corporate debt under a wide-ranging stimulus programme aimed at propping up the economy after Britain voted to exit the EU. ...
9/28/2016 1:00:52 AM Oil slumps as Iran-Saudi discord dims freeze prospects AFP
(MENAFN - AFP) Iran on Tuesday ruled out an imminent agreement with other major oil producers to freeze output as regional rivalry with Saudi Arabia hindered efforts to reverse a price slump. The ...
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