Author

 
Veronica Smith

Veronica Smith

    China overtakes Japan to claim second place on Fortune 500
    China overtakes Japan to claim second place on Fortune 500
    In its annual revenue rankings of the biggest global companies, Fortune magazine said that China overtook Japan for the first time, landing...
    Yahoo! cuts off 2 000 workers
    Yahoo! cuts off 2 000 workers
    Struggling US internet firm Yahoo! said on Wednesday it would slash some 2 000 jobs in a sweeping restructuring aimed at building a "smaller,...
    Africa missing out on billions in trade
    Africa missing out on billions in trade
    Africa is losing out on billions of dollars in potential earnings every year because of high trade barriers on the continent, the World Bank said...
    World Bank targets conflict in war against poverty
    World Bank targets conflict in war against poverty
    Conflict and violence are holding back global economic growth and trapping 1,5-billion people in dire poverty, the World Bank said on Sunday,...
    IMF raises global growth forecasts
    IMF raises global growth forecasts
    The International Monetary Fund (IMF) raised growth forecasts for most economies on Thursday as the global economy pulls out of a steep nosedive,...
    IMF meets as world economy weakens
    IMF meets as world economy weakens
    The International Monetary Fund (IMF) holds its spring meeting in Washington, DC, on Saturday amid what officials describe as the worst financial...
    IMF: With US in crisis, global economy in peril
    IMF: With US in crisis, global economy in peril
    The global economic outlook is becoming increasingly grim as the United States appears unable to escape recession from a housing meltdown, the...
    IMF chief warns dollar may suffer 'abrupt fall'
    IMF chief warns dollar may suffer 'abrupt fall'
    The head of the International Monetary Fund (IMF), Rodrigo Rato, warned on Monday there are risks of an "abrupt fall" in the dollar, linked to a...
    IMF lowers its global growth forecast
    IMF lowers its global growth forecast
    The International Monetary Fund (IMF) on Wednesday slashed its 2008 global economic forecast, warning that turbulence stemming from a crisis in the...
    Wolfowitz pleads to keep job at World Bank
    Wolfowitz pleads to keep job at World Bank
    World Bank president Paul Wolfowitz implored the lender's board on Tuesday to keep his job, promising changes in his management style in the wake...
    'It's as big as a building'
    'It's as big as a building'
    The Airbus A380, the biggest airliner built to date, completed a momentous maiden flight on Wednesday, winning praise from one of the pilots as a...