Economy

With low oil prices and revenue, Nigeria will be borrowing more and facing tough economic choices in 2021 and the years ahead. NIGERIA IN 2021 Nigeria will need to borrow...

HAVANA (Reuters) - Cuba on Thursday said the decades-old U.S. trade embargo, tightened under President Donald Trump, cost it a record total of more than $5 billion over the last...

WASHINGTON (Reuters) - The International Monetary Fund on Tuesday said forecasts for the global economy were "somewhat less dire" as wealthy countries and China rebounded more quickly than expected from...

BERLIN (Reuters) - The outlook for the aviation industry has deteriorated again due to rising coronavirus infections and renewed travel restrictions, Airbus chief operating officer Michael Schoellhorn was quoted as...

BRUSSELS (Reuters) - Germany, current president of the European Union, has proposed a scheme that links access to EU money, including the 750 billion euro recovery fund, to respecting the...

German factories kept Europe’s biggest economy moving in the right direction this month as virus concerns took a toll on services. IHS Markit’s manufacturing Purchasing Managers Index jumped to 56.6...

Investing.com -- Asian Tigers, widely known as Asia’s high-growth economies viz. Singapore, South Korea, Hong Kong, and Taiwan suffered from a major plunge in the GDP growth last quarter. We...

LONDON (Reuters) - Warren Buffett's favourite holding period -- forever -- has few fans these days, with the average length of time shares spend in a portfolio hitting record lows...

TOKYO (Reuters) - Two decades after Japan rolled out an ambitious plan to go digital, the COVID-19 crisis has exposed the government's deeply rooted technological shortcomings as ministries remain stuck...

SAMUT SONGKRAM, Thailand (Reuters) - Thai coconut milk producer, Theppadungporn Coconut, suffered a sharp drop in sales after an animal rights groups accused the industry of using monkey labour, an...