Global household wealth will grow at 6.6 per cent annually, slower than the 7 per cent estimated earlier, as the overall economic outlook remains weak, Credit Suisse said.
Global household wealth is now expected to rise to $345 tr
The world's three big energy agencies are forecasting higher demand for Opec's crude oil this year, a sign the producing nations' strategy to let prices fall is starting to win them back market share from rivals who are cutting outpu
The Mena region is seeing a substantial increase in interest from international and domestic advertisers and the advertising expenditure is expected to grow 5.5 per cent in 2013, a report said.
This ad spend will firm up to 6.8 pe
Opec cut its forecast for global oil demand growth next year because of a worsening economic outlook and said a disappointing economic performance in top consumer the United States could further weigh on fuel use.
The Organization of
Intel Corp, the world's largest microchip maker, crushed Wall Street forecasts with a 875 per cent jump (almost a nine-fold increase) in 2009 fourth quarter net income which hit $2.3 billion when compared to $234 million the previous year