U.S. manufacturing PMI surges to 13-month high in Nov, fuels expectations of faster Fed tightening in 2017

Nov 24, 2016 06:34 am UTC| Commentary Economy

The manufacturing sector of the United States remained upbeat during the month of November, jumping to 13-month high during the period, fueling expectations for a faster interest rate hike by the Federal reserve in...

U.S. initial jobless claims jump, remain consistent with 4-week moving average

Nov 24, 2016 05:42 am UTC| Commentary Economy

The initial jobless claims in the United States, jumped during the week ended November 18, remaining consistent with the indexs 4-week moving average. Also, it remained well above the threshold mark of 3,00,000, that...

U.S. new home sales post surprise fall in October, hints at temporary housing market setback

Nov 24, 2016 05:04 am UTC| Commentary Economy

New home sales in the United States unexpectedly fell during the month of October, hinting at a temporary setback in the worlds largest economy, amid an environment of recovering labor market. US new home sales fell 1.9...

Have reports of Black Friday's death been greatly exaggerated?

Nov 23, 2016 23:58 pm UTC| Insights & Views Economy

Black Friday is hyped as one of the biggest in-store shopping days of the year, with stores trumpeting giant sales and even bigger advertising campaigns. Some pundits claim that Black Friday is dying and is no longer...

The key to future food supply is sitting on our cities' doorsteps

Nov 23, 2016 23:18 pm UTC| Insights & Views Economy

Our food systems are under increasing pressure from growing populations, diminishing resources and climate change. But, in a new report, we argue that city foodbowls the agricultural land surrounding our cities could...

Vietnam cancels nuclear reactor deal: a lesson for South Africa

Nov 23, 2016 23:17 pm UTC| Insights & Views Economy

Vietnam recently announced that it would be cancelling its contract to buy two nuclear reactors from Rosatom, the Russian nuclear vendor. The decision was subsequently ratified by the Vietnamese National Assembly in Hanoi....

Africa's health won't improve without reliable data and collaboration

Nov 23, 2016 23:14 pm UTC| Health Economy

The Universal Declaration of Human Rights asserts that all people are born equal in dignity and rights. Sadly, this statement doesnt reflect billions of peoples daily lives. Health is one of the areas in which many if not...