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Business
Despite the lowest unemployment since 1974, the UK jobs boom is fading
A fall in the workforce and other signs suggest that the country's jobs boom is petering out added to the Bank of England's inflation concerns. This is because the country's…
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European Central Bank raises interest rates by 75 basis points
Governing council of the European Central Bank (ECB) decided to increase the three key interest rates of the ECB by 75 basis points. As a result, the interest rates on main refinancing…
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Export growth in China sinks in August, while imports shrink
There was a drop in Chinese trade in August due to a decline in global consumer demand and a drop in domestic demand, as a result of high energy prices, inflation, and anti-virus…
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Death toll rises to 74 as China clears roads to the earthquake epicenter
In the southwestern province of Sichuan, where a 6.8 magnitude earthquake struck on Monday, Chinese state media reported that the roads leading to the epicenter have reopened. Traffic…
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As concerns over demand rise, crude oil falls to a 7-month low
As the impact of COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred fears of a global economic recession and decreased fuel consumption, oil…
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Modi-let India to surpass Germany and Japan as 3rd largest economy by 2029
Indian economy will reach third place in the world by 2029. India will surpass Germany by 2027 and Japan most likely by 2029, according to a State Bank of India report. According to the…
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Modi-led India to surpass Germany and Japan as 3rd largest economy by 2029
Indian economy will reach third place in the world by 2029. India will surpass Germany by 2027 and Japan most likely by 2029, according to a State Bank of India report. According to the…
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Euro area industrial producer prices rise by 4 percent
In July 2022, industrial producer prices rose by 4.0 percent in the Euro area, by 3.7% in the EU, in comparison with the same month last year. This is according to the latest estimates…
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Aldar Properties acquires Spark Security for AED 125 million
Spark Security Services, a leading provider of manned guarding security services in the UAE, is being fully acquired by Aldar Properties in order to scale up its property management and…
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Abdullah bin Zayed chairs the UAE-India Joint Committee
The UAE-India Joint Committee convened at the Ministry of Foreign Affairs and International Cooperation (MoFAIC) headquarters in Abu Dhabi on Thursday, with Sheikh Abdullah bin Zayed Al…
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