Tag: Reuters

Nigeria’s Buhari requests withdrawal of 2016 budget to make changes – sources

Sun Jan 17, 2016/Reuters By Julia Payne and Felix Onuah Nigerian President Muhammadu Buhari has written to parliament requesting the withdrawal of the 2016 budget in order to make changes, sources at the presidency and Senate said on Sunday. Buhari unveiled the budget for Africa’s biggest economy in December, which […]

Stocks, commodity currencies slide as oil falls back below $30

Fri Jan 15, 2016/Reuters By Dhara Ranasinghe World stocks were set for a third straight week of losses on Friday and commodity currencies took another drubbing as oil prices fell back below $30, keeping alive concerns about global growth. European stocks fell more than 1 percent, heading back toward Thursday’s […]

Asia shares hit 3-1/2-year lows as oil resumes fall

Thu Jan 14, 2016/Reuters Asian stocks surrendered earlier gains to hit 3-1/2-year lows on Friday as renewed pressure on oil prices and disappointing Chinese data kept investors on edge. MSCI’s broadest index of Asia-Pacific shares outside Japan declined 0.3 percent to the lowest level since June 2012, and was on […]