Davos (Switzerland) (AFP) - The world's political and business elite gather for their annual meeting in the glitzy Swiss ski resort of Davos from Wednesday, with the shadow of recent attacks in France and ongoing global conflicts looming large.
Manila (AFP) - US President Barack Obama and other Asia-Pacific leaders will arrive in the Philippines Tuesday for a summit meant to foster trade unity but with terrorism and territorial rows in focus.
The Global Economic Conditions Survey (GECS) carried out jointly by ACCA (The Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants) showed that finance professionals were more gloomy than at any time since 2011.
Brussels (AFP) - The EU called Thursday on India, Indonesia, Brazil and other major economies to immediately submit their emissions reductions targets ahead of the UN climate summit in Paris at year's end.
Amid flood of revelations, US weighs ending spying on allied heads of state WASHINGTON (AP) — Faced with a flood of revelations about U.S. spying practices, the White House is considering ending its eavesdropping on friendly foreign leaders, a senior administration official said.
NEW DELHI: Negative investor sentiments coupled with weakening macroeconomic growth indicators globally and uncertainty regarding growth in China will continue to weigh on base metal industry in 2016, Moody's Investor Service said today. "Slowing growth in China and Brazil, muted conditions in Europe and a weak recovery in the US will continue to pressure global base metal prices," Moody's said in its latest report '2016 Global Base Metals Outlook: Downside Risk Remains on China Concerns, Slowing Global Growth'. It said the outlook for the global base metals industry remains negative.
The global economy that was headed for an abyss at the start of 2009 now appears to be in recovery, but remains fragile and scarred by the worst crisis in decades.The year began with major economies on the brink of disaster in what turned into the steepest global slump since the Great Depression, before a modest second-half comeback in most of the world.