Economy

Asia Cites More Fall in Crude; Bounce-Back Rally Falters

Asia Cites More Fall in Crude; Bounce-Back Rally Falters

Asian Trading on Friday witnessed a fall in Crude-oil futures after an initial bounce-back earlier in the day faltered, which left the market divided on whether yesterday's selloff would continue o

Adidas Reports 22% Increase in Sales

Adidas Reports 22% Increase in Sales

The renowned sporting goods maker company, Adidas, has reported a hike of 2.07 Euros, or 4.1%, to 51.95 Euros in its shares with a significant increase in sales, 22% to 3.27 billion Euros followed

Q1 Profit of BBVA Increased By 7.3%

Q1 Profit of BBVA Increased By 7.3%

The net profit of the Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s second-biggest bank, has dropped on Thursday by 7.3% in the first quarter.

US Treasury Expects Congress to Increase Already High National Debt Limit

US Treasury Expects Congress to Increase Already High National Debt Limit

On Wednesday, the United States Treasury Department announced that next week it would issue a new $72 billion debt, which will bring the government to its debt limit.

Euro Approached 17-Month High on Thursday

Euro Approached 17-Month High on Thursday

On Thursday, the euro came close to its 17-month high against the dollar as markets waited on the European Central Bank (ECB) to reinforce increased rate expectations.

Opposition Targeting the Government's Reliability on Economic Issues

Opposition Targeting the Government's Reliability on Economic Issues

The Macquarie Bank document has revealed the detail of the new RAH deal to the opposition as well as to media sources however, the government has refused to release it earlier.

Pages