Economic review

Kenya, Finland discuss cooperation in renewable energy

2018-11-03 01:28:34

Kenyan and Finnish officials on Friday held discussions on the possibility of cooperating to boost Kenya's renewable energy sector. Full Story

China cuts retail fuel prices

2018-11-03 00:08:11

China will cut the retail prices of gasoline and diesel starting Saturday, the largest drop since December 2014, the country's top economic planner said Friday. Full Story

China to further boost employment

2018-11-02 23:12:52

China will take targeted measures to further boost employment, the State Council's executive meeting chaired by Premier Li Keqiang decided on Friday. Full Story

Google employees in San Francisco join worldwide walkout to protest sexual harassment

2018-11-02 06:28:53

More than 1,000 Google employees in San Francisco Thursday joined global walkout in the city's downtown area to protest workplace sexual harassment at the world's top internet company. Full Story

Bank of England reduces forecast for 2018 economic growth

2018-11-02 06:13:51

British central bank the Bank of England (BoE) Thursday forecast a fall for inflation over the coming months towards its target figure of 2 percent, reduced its forecast for GDP growth for 2018 and all but ruled out any rise in the bank rate before the fo Full Story

Greek, FYROM officials inaugurate direct flight between Athens, Skopje

2018-11-02 04:38:26

Greek Alternate Foreign Minister George Katrougalos and FYROM's Deputy Prime Minister in charge of European Affairs Bujar Osmani inaugurated a new direct flight linking Athens and Skopje on Thursday. Full Story

IMF agrees on deal to provide Egypt with 2 bln USD loan

2018-11-02 02:52:49

The International Monetary Fund (IMF) and the Egyptian authorities have reached a staff-level agreement on the fourth review of Egypt's economic reform program to grant Egypt with 2 billion U.S. dollars, the Egyptian Finance Ministry said on Thursday. Full Story

UK businessman probed for wrongdoing concerning Brexit referendum

2018-11-01 23:36:51

Britain's National Crime Agency (NCA) said on Thursday it is investigating British businessman and political donor Arron Banks for alleged offenses committed at the 2016 Brexit referendum. Full Story

Italy unemployment rises amid "stagnant" economy: ISTAT

2018-11-01 06:33:18

Italy's jobless rate rose and the nation's economy appeared to have grounded to a halt after posting modest growth over the past three years, according to official data released on Tuesday and Wednesday. Full Story

China advances to global top 50 in business climate: World Bank

2018-10-31 21:26:00

China is now one of the top 50 economies in the world for ease of doing business, due to a record number of reforms carried out last year, according to the World Bank Group in its annual doing business report released Wednesday. Full Story