Friday 21 November 2014
 
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World Economy

World economy on steady course: poll

The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed. Growth in the US, the wor

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Better year ahead as world economy recovers

A much better year lies in store for most of the world's major developed economies, although weak inflation will persist, complicating central banks' ability to get interest rates back to normal, Reuters polls forecast on Thursday.

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Evaporating inflation, elusive growth

Janet Yellen is expected to get the final political nod in the next couple of weeks to chair the US Federal Reserve. So when she signalled in congressional testimony last week that the US economy was still in need of easy money, i

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Oil price level not harmful to world economy: Opec

The current level of oil prices is not harmful to the global economy and on the contrary supports energy investments, the secretary general of oil exporting group Opec said on Thursday. Oil prices have averaged about $110 per barr

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Oil price level not harmful to world economy: Opec

The current level of oil prices is not harmful to the global economy and on the contrary supports energy investments, the secretary general of oil exporting group Opec said on Thursday. Oil prices have averaged about $110 per barr

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World economy 'at crossroads'

  The world economy is at a crossroads, with every major region of the world at a potential turning point, according to a new report.   Deloitte’s newly-released Global Economic Outlook Q4 201

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World economy 'to trudge on in 2012'

Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the US should at least keep the world economy moving in the right direction. There are several reasons why next yea

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Factories stalling worldwide; China joins in

Manufacturing activity is contracting across Europe and most of Asia, data showed on Thursday, and a Chinese official declared that the world economy faces a worse situation than in 2008 when Lehman Brothers collapsed. Factory activity shr

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Weak world economy ‘likely to curb oil demand’

A fragile global economy is likely to suppress oil demand growth to 1.3 million barrels per day (bpd) in 2012, lower than this year, the Organisation of the Petroleum Exporting Countries (Opec) said in its first forecast for next year. Oil

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World economy to grow at slower pace says DHL

DHL Express, a division of Europe's biggest mail and express delivery company Deutsche Post, expects the world economy to grow in 2011 but at a slower pace than last year, chief executive Ken Allen said on Tuesday. DHL Express, market

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