UIG

China GDP growth to fall below 6% by 2020: IMF

China’s once-stellar economic growth will grind lower for the next five years and will fall below 6 percent in 2020, the IMF forecast on Friday.

In the middle of a prolonged period of negative real interest rates and loose monetary policy, fears are rising that asset bubbles are being created.

Italy’s economy failed to grow between April and June as it struggles with its banking sector, while German growth slows.

Employers are offered an extra £2,000 to take on teenagers, care leavers and those with special education needs as apprentices in England.

With two teams competing in the Rio Games 2016, basketball is growing in popularity on the African continent.

Kenyan banks are using information about borrowers collected by companies in other industries.

Workers on Virgin Trains East Coast are to stage three 24-hour strikes this month, including one on Bank Holiday Monday, the RMT union says.

The high-end art market has seen sales plummet as rising demand from Asia has been unable to compensate for a drop-off in the West.

Norway’s currency dealers are unhappy about a plan by its statistics office to release data at 7am instead of the current 10am.

Cotton spinning has returned to the UK for the first time in more than 30 years.