World News

IMF Executive Board Approves FY2018–FY2020 Medium-Term Budget

May 12,2017/IMF On April 28, 2017, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2018, beginning May 1, 2017, and took note of indicative budgets for FY2019–20.  The net administrative budget for FY2018, which covers all administrative expenses […]

Today’s PMI Manufacturing stats – Barclays’ comment

02 May 2017 10:00 Mike Rigby, Head of Manufacturing at Barclays, comments on today’s PMI manufacturing figures. “The UK economy as a whole may have made a sluggish start to the year but following a solid first quarter, manufacturing continues to grow with healthy order books and encouraging levels of […]

Strong earnings power global shares higher

May 2, 2017/Reuters By Nigel Stephenson | LONDON Stocks rose in Europe and Asia on Tuesday after technology industry shares hit record highs on Wall Street and investors focused on strong corporate earnings while shrugging off weaker-than-expected Chinese factory activity data. European stock markets opened higher after the May 1 […]