World Economy

Clinton, Bill Gates, Lagarde, Jim Kim, others to parley on global economy, terrorism at UN General Assembly

International data company and news wire organisation Bloomberg has concluded plans to convene a select eminent speakers for its first-ever Global Business Forum, which brought together heads of state and global CEOs scheduled for September in New York, USA, to discuss opportunities for advancing trade and economic growth, and issues relating to societal challenges – […]

Read More

Okonjo-Iweala joins board of UK’s StanChart

Nigeria’s former Finance Minister and Coordinating Minister for the Economy under the President Goodluck Jonathan administration Dr (Mrs) Ngozi Okonjo-Iweala, has been named an independent non-executive director at Standard Chartered PLC. Standard Chartered PLC is a British multinational banking and financial services company headquartered in London, England and with presence in 70 countries. According to […]

Read More

Amazon’s Bezos briefly unseat Gates as world’s richest man

Amazon CEO Jeff Bezos briefly became the world’s richest man Thursday in Forbes magazine’s tracking of wealth, as stock in his e-commerce company hit an all-time high. Microsoft founder Bill Gates reclaimed the lead by afternoon, as Amazon’s stock fell nearly 1 percent for the day to $1,046. Amazon shares have been trading at a […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Global stocks climb for 9th day as earnings kick in

A gauge of global stocks climbed for a ninth straight session on Wednesday as earnings season heated up in the United States and Europe, while the dollar bounced modestly off 10-month lows. The S&P 500 and Nasdaq tallied intraday record highs in the U.S., picking up from strong performances by major European stock indexes, with […]

Read More

G20 issues framework for disclosure of climate-related risks, opportunities

A global task force set up by the G20 has developed a voluntary framework for companies to disclose the financial impact of climate-related risks and opportunities, drawing support from more than 100 companies with $11 trillion of assets. There are concerns in the financial community that assets are being mispriced because the full extent of […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Indonesia palm oil stockpiles likely fell in May as exports rose

Indonesia’s palm oil stockpiles likely fell in May as exports increased because of higher consumer demand ahead of the start of the Islamic holy month of Ramadan, a Reuters survey showed. Crude palm oil (CPO) production in Indonesia, the world’s top producer of the vegetable oil, likely rose in May to 3.38 million tonnes from […]

Read More