Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), today proposed the appointment of...
Category "World"
Coronavirus wipes out US$1.7 trillion in US stock market value in two days
The S&P 500 just wiped out about $1.737 trillion of its value during its two-day...
Shares drop, gold surges as investors scurry for safety
Global shares and oil slid on Monday while safe-haven gold surged as the spread of...
Manufacturers entangled in logistical nightmare as virus-hit China limps back to work
Blocked highways. Stranded workers. Dwindling supplies. Shipping and air freight companies also hamstrung. The Chinese...
Is bitcoin’s 2020 rally another flash in the pan?
Crypto analysts are split on whether bitcoin’s rise this year is driven by unique factors...
Nestle axes low sugar chocolate due to weak sales
Nestle has axed its range of chocolate that used a new low-sugar technique, less than...
Some development banks worsening poor country debt burdens – World Bank boss
World Bank President David Malpass has chided other development banks for lending too quickly to...