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ADGM starts public consultation on electronic transactions’ norms

15 Sep 2020

Abu Dhabi Global Market (ADGM) announced on Tuesday that it has published a public consultation paper on its proposed electronic transactions regulations aiming at putting parties engaging in electronic transactions...

Coronavirus plunges Australia into recession

02 Sep 2020

Australia tumbled into its first recession for almost three decades with its pandemic-crippled economy shrinking a record seven per cent in the second quarter, official data shows. ...

Alibaba beats revenue estimates

23 Aug 2020

SHANGHAI: China’s Alibaba Group Holding beat quarterly revenue and profit estimates as its core commerce and cloud computing businesses continued to grow following China’s emergence from the coronavirus lockdown. ...

Academy for women entrepreneurs

13 Aug 2020

Business Bureau, Gulf Today The US Embassy Abu Dhabi is bringing the US Academy of Women Entrepreneurs (AWE) programme to the UAE through a partnership with startAD, the Abu...

Gold drops below $2,000 as dollar holds gains and shares bounce

11 Aug 2020

Gold slid more than 2% on Tuesday as the dollar clung to recent gains and risk appetite was boosted by an expected U.S. stimulus deal, prompting investors to take profits...

Taiwan’s exports unexpectedly increase, but outlook uncertain

09 Aug 2020

Taiwan’s exports surprisingly rose in July after four months of falls, but the government warned of uncertainties as global coronavirus cases spike and US-China tensions deepen. Exports rose 0.4%...

Oil prices steady as demand concerns offset US stimulus hopes

28 Jul 2020

Oil prices were steady on Tuesday, erasing gains earlier in the session, as rising coronavirus cases dampened the outlook for demand and countered optimism over more US stimulus. Brent...

UK travel stocks plunge on pandemic blues after quarantine move on Spain

27 Jul 2020

London-listed airlines and tour stocks fell sharply on Monday as Britain imposed a two-week coronavirus quarantine on travellers returning from Spain and said it was watching cases in Germany and...

India’s consumer morale improves

17 Jul 2020

With the resumption of economic activities, consumer confidence in the country has improved in July, according to the monthly Refinitiv-Ipsos Primary Consumer Sentiment Index (PCSI). A statement from Ipsos...

Coronavirus-battered Italy faces worst recession since Second World War

30 May 2020

Facing its deepest recession since World War II and with business confidence collapsing, the coronavirus pandemic is hitting Italy's economy hard. Business confidence in the eurozone's third largest...

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