German central bank sees signs of recession 'multiplying'

The German central bank said Monday it was increasingly likely that Europe's largest economy would shrink for a "prolonged" period as Russia throttled energy supplies to the continent.

Indian exports to GCC surge by 44% to $43.9 billion

The two-way trade between the UAE and India stood at $43.3 billion in 2020-21, including Indian exports worth $16.7 billion and imports at $26.7 billion. In 2019-20, the bilateral trade value was $59...

COVID-hit Shanghai unveils $257 billion in projects in infrastructure push

The economy of China’s biggest city slumped 13.7% in the second quarter, the worst performance among all 31 of China’s province-level regions.

The precious metal is on track for its biggest weekly fall since late May, with a drop of 2.4 per cent. Its weakness...

Publish: 13 Sep 2014 - 19:07

Business IT spending in the UAE is set to grow by 74 per cent from a projected $4.63 billion in 2014 to $8.06 billion...

Publish: 13 Sep 2014 - 18:56

Foreign direct investment in Mauritius jumped 67.3 percent to 7.926 billion rupees ($253...

Publish: 13 Sep 2014 - 18:50

Argentina's government is ramping up state intervention in the...

Publish: 13 Sep 2014 - 18:37

General Motors Co (GM.N) is restructuring its...

Publish: 13 Sep 2014 - 18:28

Google reported Tuesday that its profit climbed and its annual revenue hit an unprecedented high last year as it...

Publish: 30 Nov 2013 - 15:03

Roberto Azevedo said diplomats from the WTO’s 159 members tried hard but “cannot cross the finish line here in Geneva...

Publish: 30 Nov 2013 - 14:59

German unemployment rose to its highest level in two-and-a-half years in November, new data...

Publish: 30 Nov 2013 - 14:47

A contraction in loans to households and companies in the euro zone quickened in October,...

Publish: 30 Nov 2013 - 14:41

Japan's top shippers plan to order around 90 new liquefied ...

Publish: 30 Nov 2013 - 14:33

The phone hasn't stopped ringing at the German-Iranian Chamber of Commerce since six world...

Publish: 30 Nov 2013 - 14:12

More than 3,500 bankers in Europe earned 1 million euros ($1.4 million) or more last year...

Publish: 30 Nov 2013 - 13:47

The aim is to increase the supply to China's domestic textile market. But the sale, from its 10 million tonnes of stockpiled cotton, is likely to...

Publish: 28 Nov 2013 - 19:55

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