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JOHANNESBURG, South-Africa, June 4, 2015/ — 2014 was expected to be a tough fight for the global mining industry with commodity prices down and short-term volatility increasing. The initial scorecard for the largest 40 miners was mixed and now the gloves are off for the industry with widespread government intervention, internal industry conflicts and rising shareholder activism, according to PwC’s annual Mine report released today [Read more…]
The 2014 winners of the CNBC Africa All Africa Business Leaders Awards Presented by Johnnie Walker Blue Label (AABLAs) were announced at the Sandton Convention Centre in Johannesburg on Friday, 14 November. [Read more…]
Jeffrey Gundlach, the American fund manager who correctly forecast the surge in bond prices this year, contrary to the overwhelming majority of the experts who got it wrong, remains fundamentally pessimistic about economic growth in the US. [Read more…]
Euro: Its strength relative to other currencies is “crazy,” says Fabrice Brégier, chief executive of Airbus’s passenger jet business. Europe cannot be “the only economic zone of the world that doesn’t consider its currency… as a key asset to promote its economy.” [Read more…]
Washington – The World Bank on Tuesday lowered its projection for the global economic outlook this year, as developing countries are heading for disappointing growth, while high-income countries are gaining momentum. [Read more…]
World share markets climbed closer to record levels on Tuesday on expectations the European Central Bank will extend its easy monetary policy, while gold slipped to a one-month low following upbeat U.S. economic data. [Read more…]
Tehran – Iran and Germany are set to hold a major economic forum aimed at promoting mutual cooperation in the fields of industry, mines and trade. [Read more…]
The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.3 percent in January to 99.5 (2004 = 100), following no change in December, and a 0.9 percent increase in November. [Read more…]
Love may be in the air this month but partners will unlikely be on the receiving end as new Lloyds Bank research reveals that people in relationships are more likely to spend on their hobbies than their loved ones. [Read more…]
Davos – The global capital market, having been spoiled over the years by ample liquidity, may be put to the test with the US Federal Reserve’s tapering of quantitative easing (QE) measures. [Read more…]
