by sundelbolong | May 20, 2020 | Business & Finance News
The global plunge in electricity demand will drag on long after nations lift stay-at-home orders, leading to the biggest annual drop since the Great Depression and fundamentally reshaping power markets. As economies struggle to recover, worldwide electricity...
by sundelbolong | May 14, 2020 | Business & Finance News
Arab stock markets plunged almost a quarter in value in the first three months of 2020 due to the coronavirus pandemic and the collapse in oil prices, a UN agency said Thursday. “The drop in oil prices and the Covid-19 pandemic resulted in a 23% average loss for...
by sundelbolong | May 13, 2020 | Business & Finance News
World stock markets mostly sank on Wednesday, hit by fears of a second coronavirus wave and news of a tanking UK economy, dealers said. In midday trade, London’s benchmark FTSE 100 index shed 0.9 percent as official data showed the British economy contracted by...
by sundelbolong | May 7, 2020 | Business & Finance News
The JSE edged higher on Thursday as it took a leaf from the surge in European and US equities. The local bourse managed to maintain its gains despite a weaker showing in Asian markets following the release of a lower Chinese Caixin Services PMI number compared to the...
by sundelbolong | May 6, 2020 | Business & Finance News
The JSE surged on Wednesday as it tracked the upward trend in Asian equity indices earlier on. Gains on the local bourse were on the back advances in both the resources and industrials indices. This surge was despite disappointing local economic data in the form of...
