Over 70 percent of Sub-Saharan African businesses are negatively affected by malaria, while nearly 40 percent reported a serious impact, a new study released on Thursday stated.
Despite all the talk about the shaky future of Social Security, its potential shortfall isn't the biggest risk for future retirees. They should be worrying about Medicare instead.
Producers are slowly passing on high energy prices to consumers, data showed on Wednesday, in a trend that raises consumer inflation risks and reinforces the case for gradual European Central Bank rate rises.
U.S. mortgage applications last week sank to their lowest level in over four years, as home purchase loan demand tumbled for the third straight week, an industry trade group said on Wednesday.
Investors, tired of weak returns and rising volatility in U.S. stocks, are turning to cash and fixed-income investments, including safer municipal bonds and Treasury inflation-protected securities.
A three year 'mad cow' scare has left japanese consumers, restaurants and retailers weary despite a lifted ban on U.S. beef last week.
Core U.S. consumer prices rose 0.2 percent in June, continuing a steady march that has taken the year-on-year rate of nonfood, nonenergy inflation to 2.4 percent, its highest since September 2002, the Commerce Department said on Tuesday.
With a chance for stability following the first democratic election in over 40 years, the Democratic Republic of Congo is seen as a country with strong potential, especially in its natural resources.With a chance for stability following the first democratic election in over 40 years, the Democratic Republic of Congo is seen as a country with strong potential, especially in its natural resources.
U.S. economic expansion slowed abruptly in the second quarter to less than half the pace at the start of the year, while a key inflation gauge shot up at the fastest rate since 1994, the government said on Friday.
Legislation to overhaul the U.S. private pension system suffered another setback on Thursday as key House Republican lawmakers boycotted a negotiating meeting in a fight over whether to keep some $35 billion in tax breaks in the bill.
The health care and information technology industry received the most funding from Venture Capitalists during the 2006 second quarter, according to a new report..
South African agricultural representatives are looking at their own governments to see what can be done in the wake of recently suspended trade talks of the World Trade Organization.
An outbreak of a less virulent strain of avian Influenza in the Western Cape province of South Africa, has resulted in the culling of 8,000 ostriches, the Department of Agriculture reported on Wednesday.
At a spartan hall converted from a closed textile company east of Manila, hundreds of Filipinos milled around small corporate booths looking for work. The longest lines at the job fair were for call center or business process outsourcing firms.
Countries such as India, South Africa and South American Mercosur nations will continue trade negotiations following the indefinite suspension of global trade talks through the World Trade Organization.
The U.S. economy grew overall during June through mid-July but some regions reported slowing activity, and there were scattered reports of rising prices, the Federal Reserve said on Wednesday.
South Africa needs $858-million to commence its stadium renovations for the 2010 World Cup finals, the organizing committee told parliament on Tuesday.
Zimbabweans are having a hard time handling their currency, literally. Due to stratospheric inflation, huge lumps of cash need to be carried around to perform daily transactions.
An oil leak found in a shared pipeline in Nigeria has forced oil companies to shut down their daily production of 180,000 barrels of crude oil.
Californian's across the state experienced electrical disruptions to homes and businesses, as temperatures soared on Monday.
The collapse of yesterday's WTO trade talks in Geneva has resulted in mixed feelings for Africa as it faces an uncertain future of high tariffs, officials said on Tuesday.
Global trade talks have been suspended indefinitely after five and a half years of discussions failed to produce results.
China Resources Snow Breweries Ltd. (CR Snow) in a joint venture with SABMiller, one of the world's leading brewers, will acquire a 100 percent equity interest in China's Yinyan Brewery for U.S $42.3 million.
World Bank President Paul Wolfowitz ended his visit to Liberia by addressing the nation's legislature on Friday where he praised the country's economic progress, but warned there is a need for more improvements.
Global free trade talks, billed as a once in a generation chance to boost growth and ease poverty, collapsed on Monday after nearly five years of haggling and resuming them could take years.
Doha round talks between the G8 and the developing G5 nations ended with hopes that negotiations will be completed by the end of the year, South African President Thabo Mbeki said on Friday.
After five years and very little to show for it, global trade talks meant to reduce poverty worldwide are at a crucial point.
Trading with South Africa was unheard of under Apartheid. But 15 years on, the nation has become an economic force.
The quickening flow of capital out of the country may be a sign that recent weakness in Canadian markets could deepen, particularly if, as looks likely, the Canadian dollar's four-year upward charge is losing steam.
For a self-proclaimed advocate of inflation-targeting, Federal Reserve Chairman Ben Bernanke seemed remarkably unperturbed this week by recent signs that price increases in the economy are accelerating.
