Home Tags SLUMP


Manchester City's Kevin De Bruyne (2nd L) scores their side's first goal of the game during the UEFA Champions League quarter-final first leg soccer match between Manchester City and Borussia Dortmund at the Etihad Stadium. Photo: Nick Potts/PA Wire/dpa

Man City edge it over Dortmund, Liverpool slump at Real Madrid in CL

(dpa) - A late Phil Foden goal for Manchester City secured a 2-1 win over Borussia Dortmund in the first leg of their Champions...
Turkish weapons supply

South Sudan says conflict, COVID-19 to blame for economic slump

South Sudan on Friday said that conflicts and COVID-19 pandemic were to blame for declining economic growth in the country. Salvatore Garang...
A member of Palestinian medical team is seen at an emergency center for monitoring, screening and preventive health care education about COVID-19, which was recently established by the Palestinian Ministry of Health, in the West Bank city of Nablus, March 9, 2020. Palestine on Monday reported six new cases of coronavirus, bringing the total number of the infected Palestinians to 25. (Photo by Ayman Nobani/Xinhua)

Foreign tourist arrivals to Spain slump 75 percent year-on-year in July

Spain registered a 75-percent year-on-year (YoY) drop in the number of foreign tourist arrivals in July, the country's Statistical Office (INE) said on...
Photo taken on March 18, 2020 shows German Chancellor Angela Merkel delivering a video speech on COVID-19, in Berlin, capital of Germany. German Chancellor Angela Merkel urged solidarity among citizens in a speech on Wednesday evening, calling the COVID-19 the nation's biggest challenge since World War II. (Xinhua/Shan Yuqi)

Labor demand in Germany continues to recover slightly after COVID-19 slump

The indicator for the demand for labor in Germany rose "slightly" by two points to 94 points from July to August, the Federal Employment...

Oil prices slump amid mounting storage fears

Oil prices suffered heavy losses on Monday amid fears over a growing scarcity of oil storage space as the COVID-19 pandemic wreaked havoc on...
OPEC logo is pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria September 28, 2016. REUTERS/Ramzi Boudina/File Photo

Weekly oil prices slump amid growing concerns over demand destruction

Oil prices plunged for the week ending Feb. 28 with the prices of West Texas Intermediate (WTI) for April delivery down 16.15 percent and...
SA stocks

South African stocks slump Thursday

The Johannesburg Stock Exchange (JSE) closed weaker on Thursday after a decision by the South Africa Reserve Bank to keep the repo rate on...

Toshiba Hit By Series of Heavy Loses

Toshiba shares slumped sharply on Thursday, the third straight day of heavy losses. The Japanese industrial giant has now had more than 40% of...

PetroChina profits plunge with oil price slump

PetroChina, the country's leading oil and gas producer, saw its net profits plunge by 94.3 percent year on year in the first three quarters...

IMF Says Africa Is Still In The Process of Rising

While there have been quite significant slowdown in some countries in sub-Saharan Africa, especially in resource-intensive countries, including Ghana, non-resource-intensive countries like Kenya, Senegal...

Q2-2016: Coca-Cola Records 5 Per Cent Fall in Revenue

The Coca-Cola Company has reported second-quarter 2016 operating results. Highlights:• Reported net revenues declined 5% and organic revenues grew 3% in the quarter.• Reported...

Zambia’s sugar giant projects slump in sugarcane production

Zambia Sugar Plc said Monday it anticipated a drop in sugarcane production from its planned 3.5 million tons to 3.0 million tons. ...
Mrs Mona Helen Quartey, Deputy Minister of Finance

Global commodity price slump bites Ghana’s economy – Finance Minister

The government will, for that matter, adopt measures to ensure prudent management of the revenue so they are utilized in a way to benefit...
Chinese President Xi Jinping

Chinese state firms affected by slowing economy

SOEs saw combined profits slump 14.2 percent year on year in the Jan.-Feb. period to 222.6 billion yuan (34.2 billion U.S. dollars), according to...

Oil Slump: Ghana’s Tourist Industry Stood Strong

HTI Consulting’s 2015 Hospitality Market Snapshot has revealed that the hospitality industry in Ghana’s national capital, Accra, remained “resilient” despite economic challenges ranging from...

Oil Price Fall to Affect Some 10,000 Jobs

Oilfield services giant Schlumberger has cut 10,000 jobs in the last three months amid the plunge in oil prices. News of the near-10% jobs cull...

Industrial economist cites macro-instability, for slump in Ghana’s industrialization

Moses Agyemang, Senior Economist at the Private Enterprises Federation (PEF), said the macro-instability with Ghana as an inflation-prone country made it difficult for industry...
St Regis Zuriels Mauritius Residence

Several of Kenya’s hotels re-open after year-long slump in tourism

According to tourism stakeholders, the hotels have already started receiving both local and international bookings following the lifting of travel advisories by Britain and...

Bright Addae worried over Ascoli’s drop in form

By: Sheikh Tophic Sienu @desheikh1 on twitter Ghana defender Bright Addae has expressed worry over Ascoli’s slump in form in the Italian Serie B. Ascoli after...

Fall in tourism pushes TPS Serena into huge losses

Militant group Al Shabaab has staged a series of attacks in Kenya over the past two years, including the raid on a university in...

Inter Allies head Coach Paa Kwesi Fabian confident of a top four finish

Head Coach of Inter Allies Football club Paa Kwesi Fabian is confident he will be able to steady the ship and send his side...

Michael Essien’s injury denies him spot against Genoa

Michael Essien suffers injury setback Michael Essien was left behind in AC Milan?s stinging home defeat to Genoa due to an injury, reports in...

Rescuing the falling Oak tree of Hearts

Nuhu Fuseini of New Edubiase challenging Osei Bonsu of Accra Hearts of Oak Renowned for their domestic dominance and continental heroics, the once dreaded...

Ghana to save millions annually on oil

Ghana is to save about $300 million a year on fuel costs even with the current slump in oil prices on the world market...
Asian Markets

Asian shares falls greatly on oil price slump

Asian shares fell again on Thursday as plunging oil prices continued to fuel global growth fears. Crude?oil prices fell?as much as 5% overnight on weak...

Joachim Low has no clue to Ghana’s tactics

Kwesi Appiah and Joachim Low. Germany will be hoping history doesn?t repeat itself when they tackle Ghana in their second World Cup Group G...

I refuse to take responsibility for Hearts slump- Polo

Mohammed Polo Hearts of Oak coach Mohammed Polo says he cannot be solely blamed for the club?s slump in form in the First...

BNP Paribas announces unexpected slump in profit

BNP Paribas SA Thursday announced an unexpected slump in fourth-quarter profit after it set aside a $1.1 billion provision against possible penalties for allegedly...

According To Veep Ghana Lost US$1.3bn In Export Revenue

Ghana lost US$1.3billion in potential export revenue last year due to price declines of gold and cocoa, the country?s biggest foreign exchange earners apart from oil, said Vice PresidentKwesi Amissah-Arthur on...
Wpid Neilamstrong

Blame Hearts Slump On Me-Neil Amstrong-Mortagbe

Neil Amstrong-Mortagbe Hearts of Oak managing director Neil Amstrong-Mortagbe has taken full responsibility of the team plummeting form in the First Capital Plus...