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...

Canadian inflation rate slows to 7.0%, though food prices hit 41-year high

The country's annual inflation rate slowed to 7.0% in August, below analyst forecasts of 7.3% and down from 7.6% in July.

A team of ex-Nokia employees has released the first handset running on a new smartphone platform. The Jolla phone - pronounced Yol-la - is powered...

Publish: 28 Nov 2013 - 19:49

he first branch of a UK bank in Iraq has been opened by the country's Prime Minister, Nouri Maliki. Standard Chartered has opened in the country's...

Publish: 28 Nov 2013 - 19:45

Turkish mobile phone company Turkcell has taken to a South African court with its $4.2 billion...

Publish: 28 Nov 2013 - 17:57

Barclays Capital Inc has been ordered to pay $2.1...

Publish: 28 Nov 2013 - 17:52

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

Publish: 28 Nov 2013 - 17:43

The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting some strengthening of labor...

Publish: 28 Nov 2013 - 17:04

EmiratesLNG has announced that it plans to build and operate the Middle East’s first land-based LNG re-gasification facility in the UAE’s Port of...

Publish: 14 Nov 2013 - 22:32

General Motors Co said on Wednesday it will move its international operations headquarters to Singapore from Shanghai in the second quarter of...

Publish: 14 Nov 2013 - 15:28

Bangladesh garment manufacturers have agreed to a $68 minimum monthly wage for the country's four million garment workers after days of labour...

Publish: 14 Nov 2013 - 15:20

An improving economy and a robust property market will boost the profitability of UAE banks significantly during the...

Publish: 14 Nov 2013 - 14:51

Motorola is betting that low-cost smartphones can provide the spark to rekindle its struggling...

Publish: 14 Nov 2013 - 14:42

Boeing (BA.N) looks set to dominate next week's Dubai Airshow with more than $100 billion of deals as it aims to launch its latest long-haul jet...

Publish: 14 Nov 2013 - 14:04

Widespread destruction and damage of rice fields and agriculture infrastructure by typhoon Haiyan just ahead of rice planting may adversely impact...

Publish: 14 Nov 2013 - 13:57

UAE's Etisalat has agreed terms with Vivendi to buy the French media conglomerate's 53 percent stake in Maroc Telecom for 4.2 billion euros ($5.67...

Publish: 5 Nov 2013 - 18:02

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