Nigeria’s Economy Undershoots Forecasts as Oil Sector Contracts
Nigeria’s economy grew at a slower-than-expected pace after the oil sector contracted for a 13th straight quarter, adding to the list of issues President Bola Tinubu needs to address.
Nigeria’s economy grew at a slower-than-expected pace after the oil sector contracted for a 13th straight quarter, adding to the list of issues President Bola Tinubu needs to address.
Brazil’s annual inflation sped up more than expected in early August, snapping a 14-month slowdown as the central bank pledges to continue cutting its interest rate.
A group of Tesla Inc. investors stands to recover an average of about $12,000 a head for losses they incurred from Elon Musk’s famous 2018 tweet that he had “funding secured” to take the carmaker private at $420 a share — and then didn’t.
Sugar crops in some of India’s major growing regions are in desperate need of rain as drier conditions threaten the production outlook, which may place more pressure on containing rising food costs.
Business confidence in Germany took another hit in August, despite the economy just exiting a recession in the second quarter.
International Monetary Fund Managing Director Kristalina Georgieva expects global monetary policies to diverge after most major central bankers have spent the last year tightening credit conditions to slow price gains.
Indian central bank’s policy to keep the rupee stable at weaker levels may make the currency vulnerable to “speculative attacks” in case of large risk events, according to Australia & New Zealand Banking Group Ltd.
The head of Spain’s football association said he will not resign following widespread criticism over his behavior during celebrations of the country’s Women’s World Cup victory.
Quantitative strategists are supposed to be good at figuring out winning formulas. But one puzzle they haven’t solved is how to succeed in India, one of the world’s top-performing major markets of the pandemic era.
Ukraine’s allies now worry the war is dragging into a long fight that may strengthen Vladimir Putin’s hand as hopes fade that Kyiv’s forces will deliver a definitive breakthrough this year.