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New data shows Chinese consumers still aren’t spending like they once did, holding back one of the world’s most powerful growth engines.

RIO DE JANEIRO, BRAZIL - Despite the crisis and the pandemic scenario, agribusiness has been showing positive results, helping to reduce the size of the Brazilian economy's downturn; additionally, it should power the rebound, once it starts, according to figures from the sector and experts heard by UOL news site. ...

RIO DE JANEIRO, BRAZIL - In ten years, the free energy market should account for over half of Brazil's consumption, concentrating all large-scale industrial and commercial consumption, and possibly also the largest residential segment, according to Wilson Ferreira Junior, president of Eletrobras. "I strongly believe in this market, I think ...

RIO DE JANEIRO, BRAZIL - Feed the world. These three words are key to big business and solving some of the world's greatest challenges. Hunger. Global agricultural production must increase in the coming years to prevent hunger from advancing. That is common knowledge. Along with technology, dozens of Brazilian agribusiness ...

LEADERSHIP : Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed Prof. Benedict Oramah as President of the Pan-African multilateral financial institution for a second five -year term. The decision was announced yesterday in Cairo following Afreximbank’s 27th Annual General Meeting of shareholders which was held by circulation of ...

LEADERSHIP : Oil industry experts have highlighted the opportunities in Samsung Welding Facility in Tarkwa Bay, Lagos, saying it will rapidly advance Nigeria’s path towards an industrial economy. Some of the experts who spoke at a Webinar conference, themed: Advancing Nigeria’s Industrial Economy: Private Sector Intervention, at the weekend, called ...

LEADERSHIP : Sterling Bank Plc, Nigeria’s leading commercial bank, has donated 5,000 customised reflective uniforms to Lagos State Waste Management Authority (LAWMA) in a bid to make highways managers in Lagos State safe as they work at dawn and dusk to keep the environment safe. Regional business executive, Institutional Banking ...

LEADERSHIP : Beneficiaries of the COVID-19 Targeted Credit Facility (TCF) of the Central Bank of Nigeria being disbursed through the NIRSAL Micro Finance Bank have commended the apex bank as they testified to the promptness at which the fund reached their accounts. The CBN had last week announced that applicants ...

LEADERSHIP : Total net asset of collective investment schemes and funds in Nigeria has risen to N1.257 trillion in the first five months of the year. There is no doubt that COVID-19 has affected various parts of the Nigerian economy and indeed, the world economy. One industry in Nigeria that ...

Turkey can lure more businesses and investments in the post-coronavirus world due to the further geographical diversification of the international production locations of German companies, German Ambassador to Turkey Martin Erdmann has said, citing Turkey’s well-educated labor force combined with modern infrastructure as the most important assets for a successful ...