Wed Feb 17, 2016/Reuters South Africa is at risk of slipping into recession this year while growth should recover slightly in 2017 as the weaker rand helps to boost exports, the World Bank said on Wednesday. A global commodities rout over the past 18-months has hobbled South Africa’s economy, which […]
Tag: Reuters
Wall Street up as oil prices boost energy, materials stocks
Wed Feb 17, 2016/Reuters By Abhiram Nandakumar Wall Street was higher on Wednesday, on track for a third straight day of gains, led by gains in energy and materials as oil prices held on to their gains. Nine of the 10 major S&P sectors were higher, led by the 1.6 […]
Oil, European stocks gain as volatility eases
Wed Feb 17, 2016/Reuters By Jamie McGeever Oil and stocks steadied on Wednesday and the dollar eased, as investors looked forward to less volatile trading, a day after world stocks recorded one of their biggest rallies in years and oil prices swung in a 10 percent range. After a strong […]
