The global economy is slowing and it's even changing the habits of the biggest spenders — demand for luxury watches has tumbled and prices for Rolex, Patek Philippe, and Audemars…
Africa’s global bank, the United Bank for Africa (UBA) Plc, on Monday announced to invest US$6 billion in funding for African small and medium enterprises within the next three years…
The minimum wage in Germany is set to rise in two stages from the current €12 to €12.82 per hour. The first increase to €12.41 is to take place next…
NEW YORK (AP) — Another drop for stocks on Friday helped drag Wall Street to its first losing week in the last six.
The S&P 500 fell 33.56, or 0.8%,…
Price inflation is starting to fall in many countries but it still remains way above the typical 2% target of most major economies. In the UK, inflation has been above…
Turkey has increased its base interest rates by a whopping 6.5%, the clearest indication yet that the unconventional economic policy dubbed "Erdonomics" might be history now in Recep Tayyip Erdogan's…