Business & Money

British GDP growth weathers Brexit vagaries

April 11, 2019 admin 0

UK economic growth has received an unexpected boost from Brexit-fuelled stockpiling of goods. Data released Wednesday by the Office of National Statistics (ONS) showed three-monthly GDP growth up to the end of February at 0.3 […]

Business & Money

Trade slowdown weighs on poverty reduction

April 11, 2019 admin 0

Leaders from three major international organizations have warned that the slowdown in trade puts the future of poverty reduction at risk. During a public event at World Bank in Washington D.C., Kristalina Georgieva, interim president […]

Business & Money

Swisscom to cover country with 5G by end of year

April 11, 2019 admin 0

Switzerland’s biggest telecoms firm, Swisscom, said Wednesday it is expanding the fifth generation network, or 5G, and will supply virtually the whole country by the end of the year with two Chinese companies in its […]

Business & Money

Italy likely to increase deficit target for 2020

April 10, 2019 admin 0

Italy’s government lowered its economic growth estimates for this year and next in its first hints toward its plans for the 2020 government budget, vowing to cut taxes, increase spending, and likely sending deficit and […]

Business & Money

ECB keeps interest rates unchanged as expected

April 10, 2019 admin 0

The European Central Bank (ECB) Wednesday announced to keep the key interest rates for the euro area unchanged at least through the end of 2019, as most analysts expected. The Eurozone base interest rate will […]