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Russia, Oil, and the Case of the Wobbling Ruble

Last Tuesday, the Russian ruble crashed. Since then, Russian President Vladimir Putin has stepped into full gear to try and prevent the country’s economy from tumbling after it. 775 more words

Forex News

2014: Indian IT industry dons innovation in year of double-digit growth #cloud #cloudcomputing

BENGALURU: Recovering from a slowdown and sustaining a double-digit growth, the $120-billion Indian IT industry had a remarkable 2014, consolidating operations and using disruptive technologies, which ensures innovation to shed the old and adapt to new products and services. 54 more words

India

Petrol Now gets to Nigeria at #82.57 per litter

Against the backdrop of the fall in global oil prices, the landing cost of Premium Motor Spirit, commonly known as petrol, has dropped to N82.57 per litre as of Thursday, December 18, from N127.57 on November 3. 474 more words

BizNews

Can Investors Bet on a Broad Emerging Markets Recovery?

  • Following the 2008 financial crisis, emerging economies rebounded. But since 2011 things have changed.
  • Emerging economies are now richer than ever. And while these countries still have an opportunity to grow in the future, their growth rates are likely to be slower than in the past. 
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Arab

Zambia: Bailiffs pounce on KCM,... gates closed down

Story from the Independent Observer
BAILLIFS have closed down the gates for Konkola Copper Mines morning because the mining firm has failed to pay rates to Chingola Municipal Council. 10 more words

Zambia

Skye Bank takes over Mainstreet Bank

Group Managing Director/Chief Executive Officer, Skye Bank Plc, Mr. Timothy Oguntayo

Skye Bank Plc says it has taken over the control of Mainstreet Bank Limited following the completion of the acquisition process. 295 more words

BizNews

The "Recession Proof" City that Continues to Grow

By: Fernando Echeverri

Main Street is constantly dense with pedestrian and vehicle traffic; its intersection with Roosevelt Avenue covered in road signs explaining different rules like no turning between certain times, do not block the box, do not turn off of Main Street and crossing signals that most pedestrians do not follow. 1,366 more words

Business