South Africa in danger of missing 2017 growth target, says country’s finance minister
Businessam StaffSeptember 11, 2017
Malusi Gigaba, South Africa’s Finance Minister said Monday that the country is in danger of missing its 1.3-percent growth
Hurricanes Harvey, Irma damages could cost US economy $290 bn, AccuWeather says
Businessam StaffSeptember 11, 2017
Combined damages from Hurricanes Harvey and Irma could cost the U.S. economy as much as $290 billion, according to a new forecast.
Turkish ministers hail economic growth as country focuses on production, investment, exports
Businessam StaffSeptember 11, 2017
Turkey’s economic growth continued in the second quarter with positive contributions from domestic and foreign demand, Deputy
0U.K
British economy picks up momentum in August, growth still below potential, Niesr report shows
Businessam StaffSeptember 8, 2017
UK economy picked up slightly in the three months to August, albeit still well below potential, according to a macroeconomic
South Africa’s mining industry “in crisis”, Chamber says
Businessam StaffSeptember 8, 2017
South Africa’s mining industry is in “crisis” and its companies have lost confidence in the mining minister, whose sowing of policy
0U.K
Brexit’s impact more profound than expected as London may lose legal staff, Diamond says
Businessam StaffSeptember 8, 2017
Bob Diamond, the architect of Barclays Plc’s investment bank over more than a decade in London, said the British capital will be hurt
Don’t wait for inflation to rise before hiking rates, Fed’s Mester warns
Businessam StaffSeptember 7, 2017
The Federal Reserve shouldn’t wait until it reaches its economic goals before starting to tighten monetary policy, Cleveland Fed
U.S. jobless claims jump the most in nearly 5 years amid surge in applications
Businessam StaffSeptember 7, 2017
The number of Americans filing for unemployment benefits jumped to its highest level in more than two years last week amid a surge in
Toronto housing market slump continues with August drop
Businessam StaffSeptember 6, 2017
Housing prices in Toronto continued their summer slump in August as government regulations and fears about a market softening curbed
South Africa’s business confidence at lowest in over 30 years
Businessam StaffSeptember 6, 2017
South Africa’s business confidence index fell to its lowest in more than three decades in August as merchandise import and export