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Tag Archives: economies

Africa Energy Chamber calls for conducive environment for industry

  Johannesburg, SA | XINHUA | Headquartered in Johannesburg, the African Energy Chamber (AEC) on Friday called for African governments to create a conducive environment and introduce tax concessions for the sector to contribute to economic growth. NJ Ayuk, AEC executive chairperson, made the remarks on Friday while speaking on …

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World stocks extend gains on economic optimism

London, United Kingdom | AFP | Global stock markets built on strong pre-weekend gains on Monday as optimism that economies are emerging from coronavirus gloom kept buyers onside. On Wall Street, the Dow index was up just over 200 points at the opening bell, while in Europe London and Frankfurt were …

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Stock markets shrug off US layoffs

London, United Kingdom | AFP | Stock markets mostly rose and the dollar advanced Thursday, gaining traction from optimism over reopening economies and a huge EU coronavirus recovery package, dealers said. Asia bounded higher but Hong Kong failed to maintain early gains as investors fretted over a US decision to revoke …

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Stock markets firmer on lockdown easing hopes

  Paris, France | AFP | Global stock markets were firmer Monday, buoyed by the prospect of further easing of coronavirus lockdowns despite sharp increases in case rates in some countries such as Brazil. On the downside, an upsurge in Sino-US tensions, especially over Chinese plans to introduce a national security …

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Stocks retreat as virus fears temper lockdown easing

London, United Kingdom | AFP | Stock markets mostly slipped Thursday after rallying for much of the week amid concerns over the long-term impact of the virus and worsening China-US relations. On Wall Street, the Dow Jones index slipped into negative territory at the opening bell, while in Europe, Frankfurt and …

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