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US businesses see modest growth in activity and rise in employment

03 Sep 2020

US businesses saw a modest increase in activity and employment generally increased through late August, a Federal Reserve report showed, but economic growth remained sluggish in some parts of the...

Italy factory activity grows for second month in Aug: PMI

01 Sep 2020

Italian manufacturing activity increased for a second month running in August and at its fastest rate for more than two years, a survey showed on Tuesday, raising hopes for a...

UAE’s minister to co-chair GMIS summit, highlight industry trends

31 Aug 2020

Business Bureau, Gulf Today The Global Manufacturing and Industrialisation Summit (GMIS) has announced that Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, will be taking on...

Chinese airlines’ losses mitigated by domestic travel

29 Aug 2020

China’s biggest airline on Saturday reported less severe losses in the second quarter as domestic travel picks up with the coronavirus outbreak brought largely under control. The country where...

Oil prices mixed on storm-driven output cuts, rising COVID-19 cases

25 Aug 2020

Crude oil prices were mixed on Tuesday as traders weighed massive production cuts in the U.S. Gulf Coast from Tropical Storms Marco and Laura against rising coronavirus cases in Asia...

Singapore’s core inflation gauge hits record low in over a decade

24 Aug 2020

Singapore’s core inflation gauge fell to its lowest level in more than a decade in July, official data showed on Monday, amid soft consumer spending due to the coronavirus pandemic...

France sticks to forecast of 11% economic contraction, says Le Maire

24 Aug 2020

The French government is sticking to its forecast for an 11% contraction of the French economy this year because of uncertainty over the outlook for the global economy, finance minister...

Thailand proposes more stimulus to boost tourism and employment

22 Aug 2020

Thailand will introduce more stimulus measures to boost tourism, jobs and consumption hit hard by the coronavirus pandemic, a deputy prime minister said, including generous subsidies to encourage more hiring...

Aurora50 and financial centres to drive board-level gender balance

21 Aug 2020

In a move with far-reaching effects, Aurora50 and five of UAE’s prominent financial centres and exchanges, have agreed to collaborate on enhancing female representation at the board-level. The five...

Hong Kong eases mortgage rules for commercial property deals

20 Aug 2020

Hong Kong’s banking regulator said it would relax commercial property mortgage rules, in a move to boost liquidity in a market that has been hit hard by US-China trade tensions,...

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