India Outpaces China In 2015 Economic Growth
India’s economy grew at an average rate of 7.5% in 2015, faster than the 6.9% growth in…
Bank Of Japan Adopts Negative Interest Rate
TOKYO, Japan. Japan’s central bank has surprised world markets by introducing a negative deposit rate for commercial…
Airbus Signs $25bn Deal To Sell 118 Planes To Iran
PARIS, French Republic. Iran has signed a deal to buy 118 Airbus planes worth $25bn (€22bn; £17.4bn) at…
Italian Steel Giant, Danieli, Signs $6.2bn Deal With Iran
ROME, Italian Republic. The €5.7 billion agreements were signed on Iranian President Hassan Rouhani’s visit to Rome, accompanied by six…
OPEC Split Over Oil Production Cuts
MOSCOW, Russian Federation. Less than two months after the Organization of the Petroleum Exporting Countries (OPEC) failed…
Global Stock Markets Dive Amid Oil Rout
LONDON, United Kingdom. Stock markets worldwide have tumbled with investors unsettled by the continued slide in oil…
CBN Stops Daily Currency Auction For Banks
ABUJA, Federal Republic of Nigeria. Still exploring ways of conserving foreign exchange (forex), the Central Bank of…
Shares Sink In Investor Sell-Off
LONDON, United Kingdom. UK shares fell again on Friday, with mining stocks dragging the market lower as…