Sensex ends 135 points lower

Sensex and Nifty ended lower on Thursday after advancing for four consecutive sessions as investors took to profit booking. Investors also treaded with caution ahead of Q4 results from index heavyweight Reliance Industries. Jet Airways was in the spotlight throughout the day over its steep fall.

an hour ago

Investcorp strengthens business relations with Asian economies

A senior delegation from Investcorp, a leading global provider and manager of alternative investment products, led by Executive Chairman, Mohammed Alardhi, has successfully concluded a tour of four vibrant emerging Asian economies. The visit comes as the Firm’s Asian based investors’

an hour ago

OPPO unveils Reno Series with new features in ME

OPPO—a leading global smartphone brand—has officially launched its newest smartphone series, Reno, in the Middle East. The company selected Dubai as the location for the premium series’ first international launch, emphasising the strategic importance of the region to OPPO’s global brand strategy.

an hour ago

Amazon to shut China online store

Amazon.com said it would shut its China online store by July 18, as the US e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. The move underscores how entrenched, home-grown e-commerce rivals have made it difficult for Amazon’s marketplace

2 hours ago

Businesses across eurozone stumble into second quarter

Businesses across the eurozone stumbled into the second quarter as demand remained weak despite more modest price rises, surveys showed on Thursday. Growth stuttered in Germany and forward-looking indicators in its Purchasing Managers’ Index suggest a contraction among manufacturers

2 hours ago

Japan exports decline in March

TOKYO: Japan’s exports declined in March as shipments to China dropped more than 9 per cent, pulling the nation’s trade surplus sharply lower. The data released Wednesday by the Finance Ministry was more or less in line with forecasts. The report followed two days of trade talks

2 hours ago

Ivanka Trump promotes businesswomen after Ivory Coast cocoa farm visit

Ivanka Trump vowed support for initiatives to promote women in business on Wednesday, after visiting an Ivorian cocoa farm on the second leg of her African tour.

12 hours ago

Jet Airways lenders ‘reasonably hopeful’ of successful bids for grounded airline

Lenders to India's Jet Airways Ltd said on Thursday they are “reasonably hopeful” that the bidding process for the grounded airline will end successfully.

12 hours ago

China’s economy grows at a steady 6.4% pace in Q1

China’s economy grew at a steady 6.4 per cent pace in the first quarter, defying expectations for a further slowdown, as industrial production jumped sharply and consumer demand showed signs of improvement.

21 hours ago

Global plastics, rubber industry to achieve 4-5% annual growth

The global plastics and rubber industry has continued to achieve annual growth rates of between 4 per cent and 5 per cent since the turn of the millennium, with the Middle East witnessing phenomenal expansion in its polymerisation capacities along with the Asia-Pacific region.

21 hours ago

ECI, JIACC to boost Arab-Italian economic and trade relations

Etihad Credit Insurance (ECI), the UAE Federal credit insurance company, has signed a Memorandum of Understanding (MoU) with Italy-based Joint Italian Arab Chamber of Commerce (JIACC) to boost Arab-Italian economic and trade relations by focusing on the halal industry through the access to ECI’s Shariah-compliant insurance and financial solutions.

21 hours ago

Internal Auditors’ conference opens with digitisation top on agenda

The role of Internal Audit (IA) has been changing due to business complexity and the introduction of new technologies. Digitisation and technological advancements are posing significant challenges to IA functions at organisations, His Excellency Hamad Al Hurr Al Suwaidi, Chairman of Abu Dhabi Accountability Authority, said.

21 hours ago

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Local

OPPO unveils Reno Series with new features in ME

OPPO—a leading global smartphone brand—has officially launched its newest smartphone series, Reno, in the Middle East. The company selected Dubai as t...

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UAE’s oil and non-oil sectors to drive economic growth in 2019

Economic activity in the UAE is set to accelerate to 2.2 per cent in 2019, up from an estimated 1.7 per cent in 2018, according to ICAEW’s latest Econ...

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Amendments in Abu Dhabi real estate law

In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Khalifa Bin Zayed Al Nahyan, has issued a law amending provisions of Law No. 19 o...

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Global plastics, rubber industry to achieve 4-5% annual growth

The global plastics and rubber industry has continued to achieve annual growth rates of between 4 per cent and 5 per cent since the turn of the millen...

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ECI, JIACC to boost Arab-Italian economic and trade relations

Etihad Credit Insurance (ECI), the UAE Federal credit insurance company, has signed a Memorandum of Understanding (MoU) with Italy-based Joint Italian...

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Internal Auditors’ conference opens with digitisation top on agenda

The role of Internal Audit (IA) has been changing due to business complexity and the introduction of new technologies. Digitisation and technological ...

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‘Future of Smart Manufacturing’ discussed

The Sharjah Research, Technology and Innovation Park (SRTI Park) collaborated with American University of Sharjah (AUS) to host the Future of Smart Ma...

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DIEDC, HKTDC sign deal on bilateral ties

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World

Sensex ends 135 points lower

Sensex and Nifty ended lower on Thursday after advancing for four consecutive sessions as investors took to profit booking. Investors also treaded wit...

an hour ago

Investcorp strengthens business relations with Asian economies

A senior delegation from Investcorp, a leading global provider and manager of alternative investment products, led by Executive Chairman, Mohammed Ala...

an hour ago

Amazon to shut China online store

Amazon.com said it would shut its China online store by July 18, as the US e-commerce giant focuses on the lucrative businesses of selling overseas go...

2 hours ago

Businesses across eurozone stumble into second quarter

Businesses across the eurozone stumbled into the second quarter as demand remained weak despite more modest price rises, surveys showed on Thursday. G...

2 hours ago

Ford expects $1 billion profit rise from Michigan truck plant

Ford Motor’s shift in production at a Michigan plant to trucks from less profitable cars will lead to a more than $1 billion improvement in operating ...

2 hours ago

Japan exports decline in March

TOKYO: Japan’s exports declined in March as shipments to China dropped more than 9 per cent, pulling the nation’s trade surplus sharply lower. The dat...

2 hours ago

Ivanka Trump promotes businesswomen after Ivory Coast cocoa farm visit

Ivanka Trump vowed support for initiatives to promote women in business on Wednesday, after visiting an Ivorian cocoa farm on the second leg of her Af...

12 hours ago

Jet Airways lenders ‘reasonably hopeful’ of successful bids for grounded airline

Lenders to India's Jet Airways Ltd said on Thursday they are “reasonably hopeful” that the bidding process for the grounded airline will end successfu...

12 hours ago

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