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Global economic slowdown in 2019 a healthy necessityGlobal economic growth is likely to slow down this year led by the US and China, a development that is both necessary and healthy, according to a report released today by S&P Global Ratings, titled " Global Economic Outlook 2019: Autumn More… |
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US jobs data sparks slowdown fearsUS employers added the fewest number of jobs in more than a year in March, which could heighten concerns over the recent slowdown in economic growth and delay an anticipated interest rate increase by the Federal Reserve. Non-farm More… |
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Brent drops to 16-month low on economic dataBrent crude prices fell below $98 a barrel to a 16-month low on Monday, pressured by fears of a global economic slowdown following weak US and Chinese economic data. Brent crude for July delivery dropped more More… |
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Oil prices will continue to rise: GoldmanGoldman Sachs forecast the price of Brent crude oil at $130 a barrel in 2013, saying crude will continue to rise even in a poor economic growth environment. Making public its 2013 forecast for the first time, the firm also predicted the pr More… |
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Al Habtoor Leighton Gulf orders hit $8.16bnAl Habtoor Leighton Group, one of the largest construction group in the UAE, said it had a record Dh30 billion ($8.16 billion) worth of orders, from the region despite economic slowdown. The company’s earnings growth may be affected in the More… |
