By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Ngozi Okonjo-Iweala, Nigeria’s Finance Minister will chair the forthcoming meeting of the Commonwealth Finance Ministers in Washington D.C during the annual meetings of the International Monetary Fund (IMF) and World Bank. This is contained in a Statement from Julius Mucunguzi Acting Communications Adviser […]
Tag: North America
As Demand in the Global Economy Weakens, American Multi-Nationals to Feel the Pain
The so-called “powerhouse†of the global economy, China is witnessing an economic slowdown like never beforeâ€â€Âthe repercussions of which will be felt here in North America. The HSBC Flash China Manufacturing Purchasing Managers’ Index (PMI) continued its slide in June, registering 48.3â€â€Âa nine-month lowâ€â€Âcompared to 49.2 in May. (Source: Markit, […]
Ford first quarter profit rises 15 pct to $1.6b
Ford 1st quarter profit up 15 pct to $1.6b, strength in North America overcomes Europe losses Ford says net income rose 15 percent in the first quarter to $1.6 billion as record North American profits overcame weakness in Europe and South America. Ford beat Wall Street’s forecast with earnings of […]