Browsing: Business

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 operations as well as marginal lending facility and

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 measures. The growth rate of exports decreased

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 has resumed. However, the death toll has risen to 74. The People’s

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 prices dropped more than $1 on Wednesday to their lowest

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 report, the country has undergone a

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 from Eurostat, the European Union’s statistical

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 integrated facilities management platform. Aldar’s property and facilities management platform

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 Nahyan, Minister of Foreign Affairs and International Cooperation, chairing the 14th edition. India’s

The Gross Domestic Product (GDP) of India under the wise guidance of Prime Minister Narendra Modi for the April-June quarter of the current financial year grew at 13.5 percent. Agricultural, Forestry & Fishing sector growth in the first quarter of

The inflation rate in Germany rose again in August after falling for two consecutive months in a row, according to a report by the German press agency (dpa). In its first estimate, the German Federal Statistical Office (Destatis) has come