The International Monetary Fund trimmed its forecasts for global output on Tuesday for the sixth time since early last year, saying stronger growth in most advanced economies would fail to make up for a more sluggish expansion in the developing world. Prospects for emerging markets, long the engine of the […]
World News
Twitter gets ‘buy’ rating even before listing
Twitter Inc’s share price could almost double in its first year as a listed company, a brokerage firm said, issuing a “buy” rating on the stock even before the online messaging service goes public. SunTrust Robinson Humphrey analyst Robert Peck, the first to rate the stock, suggested Twitter could float […]
World Poorest People to live in Africa by 2030-World Bank
By Peter OBIORA InvestAdvocate The World Bank Group Monday said that most of the world’s poorest people by 2030 will live in Africa according to Africa’s Pulse a twice-yearly analysis of the issues shaping Africa’s economic prospects. The World Bank in its Africa’s Pulse said as Africa’s growth rates continue […]
