Business & Economy

New Zealand Household Net Worth Increases From Rising Asset Values: Statistics

WELLINGTON, Jul 22 (NNN-AGENCIES) – Rising asset values resulted in a 5.5-percent increase in household net worth, in the Mar,…

Zimbabwe’s Economy Projected To Grow By 5.4 Percent Next Year

HARARE, Jul 21 (NNN-IRIN) – Zimbabwe’s economy is projected to grow by 5.4 percent next year, driven by growth in…

U.S., Germany Make Progress On Nord Stream 2 Issue

WASHINGTON, Jul 21 (NNN-AGENCIES) – The U.S. State Department said yesterday that, Washington and Berlin had made progress on the…

EU To Create Anti-Money Laundering Authority To Crack Down On Financial Crime

BRUSSELS, Jul 21 (NNN-XINHUA) – The European Commission, yesterday, proposed the creation of an anti-money laundering authority, to clamp down…

Portugal Signs 141-Million-Euro Investment Contracts

LISBON, Jul 21 (NNN-AGENCIES) – Portugal signed yesterday, four investment contracts with private companies, that will contribute 141 million euros…

Italy’s Stock Exchange Sees Selloff As Worries About Delta Variant Spook Investors

ROME, Jul 20 (NNN-AGENCIES) – The blue-chip index on the Italian Stock Exchange closed 3.3 percent lower yesterday, pushed lower…

ADB Downgrades Vietnam’s Economic Growth Forecast To 5.8 Percent In 2021

HANOI, Jul 20 (NNN-VNA) – The Asian Development Bank (ADB), lowered its forecast of Vietnam’s gross domestic product (GDP) growth…

Sri Lanka Says Moody’s Downgrade Review Creating Undue Uncertainty Among Investors

COLOMBO, Jul 20 (NNN-XINHUA) – An announcement by international rating agency, Moody’s, that Sri Lanka’s credit rating was under review…

Nigeria Welcomes More Investment In Mining Industry: Official

LAGOS, Jul 20 (NNN-NAN) – Nigeria is welcoming greater foreign investment in its mining industry to help it thrive, Minister…

Italy’s Stock Exchange Sees Selloff As Worries About Delta Variant Spook Investors

ROME, Jul 20 (NNN-XINHUA) – The blue-chip index on the Italian Stock Exchange closed 3.3 percent lower yesterday, pushed lower…