JOHANNESBURG (Reuters) - South Africa's rand extended its losses against a surging dollar on Monday after the U.S. Federal Reserve Chair Janet Yellen signalled the central bank was poised to raise rates this year.
Brent crude rose as violence flared in OPEC's two biggest members Iraq and Saudi Arabia, raising tensions ahead of the producer group's meeting on June 5 in Vienna.
Shock horror. News that Bank of England (BoE) officials are secretly researching the economic implications and financial fallout for Britain should the country vote to exit the European Union (EU) - aka 'Brexit' - in a forthcoming referendum shouldn't come as ...
ROME—The Vatican bank said its 2014 net profit skyrocketed to €69.3 million ($77 million) from €2.9 million a year earlier, owing largely to a steep rise in net trading income and a decline in extraordinary operating expenses.
Greece will be unable to find the €1.6 billion ($2.4 billion) sum it is due to hand the International Monetary Fund (IMF) next month, one of the country's ministers has admitted.