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    Oil fall further amid rising stockpiles and weakening demand

    Oil fall further amid rising stockpiles and weakening demand

    11 Sep 2020

    Oil prices fell for a second day on Friday, as a surprise rise in U.S. stockpiles hit sentiment already undermined with the coronavirus pandemic continuing to erode demand for fuels....

    Japan economy sinks deeper into worst postwar contraction in Q2

    Japan economy sinks deeper into worst postwar contraction in Q2

    08 Sep 2020

    Japan’s economy sank deeper into its worst postwar contraction in the second quarter as the coronavirus jolted businesses more than initially thought, underscoring the daunting task the new prime minister...

    Global economy seeing sharper V recovery, raising case for inflation: Morgan Stanley

    Global economy seeing sharper V recovery, raising case for inflation: Morgan Stanley

    08 Sep 2020

    The global economy is likely to recover to pre-pandemic levels by early next quarter, about three months earlier than previously expected, economists at Morgan Stanley said. "The evidence indicates...

    Emirates returns Dhs5 billion to customers in refunds

    Emirates returns Dhs5 billion to customers in refunds

    07 Sep 2020

    Emirates Airlines announced that is has returned over Dhs5 billion (US$ 1.4 billion) in COVID-19 related travel refunds to date, making strong and steady progress on its commitment to customers...

    Sharjah Islamic Bank introduces innovative discount programme

    Sharjah Islamic Bank introduces innovative discount programme

    05 Sep 2020

    Business Bureau, Gulf Today Sharjah Islamic Bank (SIB) in co-operation with the Sharjah Directorate of Human Resources, recently organised a virtual session to introduce the Waffer Discounts Programme. ...

    ‘Flying’ electric speedboat makes a stunning debut in Switzerland

    ‘Flying’ electric speedboat makes a stunning debut in Switzerland

    04 Sep 2020

    The world’s first electric-powered hydrofoil speedboat, which reduces energy consumption and noise - as well as sea sickness - by “flying” above the waves, has made its debut on Switzerland’s...

    Global factories are shaking off COVID-19 gloom, outlook shaky

    Global factories are shaking off COVID-19 gloom, outlook shaky

    01 Sep 2020

    Factories across the world continued to shake off the coronavirus gloom in August as the global economy gradually emerges from a downturn triggered by the health crisis, thanks in part...

    Euro aims for $1.20 as dollar selloff gathers pace

    Euro aims for $1.20 as dollar selloff gathers pace

    01 Sep 2020

    The euro homed in on the $1.20 mark on Monday as it scaled another 28-month high while the dollar weakened to a new multi-year low as investors bet the Federal...

    Wizz Air warns recovery could stall

    Wizz Air warns recovery could stall

    30 Aug 2020

    Hungary’s Wizz Air warned its industry-leading recovery could stall as COVID-19 warnings and restrictions hamper travel across Europe, but said Britain’s quarantine rules had not led it reconsider long-term expansion...

    Tokyo stocks close lower ahead of PM presser, Fed speech

    Tokyo stocks close lower ahead of PM presser, Fed speech

    27 Aug 2020

    Tokyo's key Nikkei index closed lower in cautious trade Thursday ahead of the Jackson Hole conference of global financial authorities and Friday's press conference by Japan's prime minister. The...

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