said on Tuesday there is little growth in oil demand and the industry is probably over-investing somewhat. Oil demand growth this year will likely be around 500,000 barrels per day (bpd), Torbjorn ...

For the past couple of years, investors have watched CD rates climb to levels not seen in decades. However, with the Federal Reserve cutting the federal funds rate by a half-point in September ...

The growth rate of an investment shows how much its value increases over time, helping to evaluate performance. A common way to calculate this is by using the compound annual growth rate (CAGR ...

The Bank of Japan kept its benchmark interest rate unchanged while sticking to its view that it’s on track to achieve its inflation target, an outlook that points to the possibility of another ...

In March the OBR said growth this year would be just 0.8 per cent. Now it says it will be 1.1 per cent. Next year the projection rises from 1.9 to 2 per cent. After that the rate tapers off ...

The central bank has acknowledged repeatedly the economy is weak and that growth needs to pick back up. Last week, the Bank of Canada delivered a half-percentage point interest rate cut in ...

The Asia-Pacific region prospered by becoming the source of more than half of global factory output, but another transformation to higher-productivity services has the potential to further support ...

Gross domestic product increased at a 2.8% annual rate in the third quarter, adjusted for seasonality and inflation, the Commerce Department said Wednesday. GDP is a broad measure of goods and ...

The OBR said: 'The policy change increasing the higher rate of stamp duty for additional dwellings raises a further £0.4 billion by 2029-30.' The OBR upgraded Britain's economic growth ...

But that signalling of what today’s budget would mean for companies appears to have contained much of the market fallout, with steep tax rises coming as little ... an interest rate cut in ...