A woman shops at a fruits and vegetables market in Seville, southern Spain. Reuters
German business morale improved further in July after posting a record increase in June, a survey showed on Monday, suggesting that firms expect Europe’s largest economy to recover from the coronavirus shock if a second wave of infections is avoided.
By category, production of machine tools were up 27.6 per cent on the month, intermediate goods stagnated at 0.1 per cent and consumer goods were up slightly at 1.4 per cent, the Destatis official statistics agency said.
German exports to China fell by 6.5 per cent on the year in January and the Federal Statistics Office said the drop could not yet be linked to the coronavirus, as the looming impact of the epidemic threatens to tip Europe’s largest economy into recession.
Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has met with Takayuki Ueda,
His Highness Sheikh Mansour Bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, chaired the periodical meeting of the UAE’s federal General Budget
The COP28 Presidency, in collaboration with the SME Climate Hub and We Mean Business Coalition, has launched a dedicated programme to help small and medium-sized enterprises (SMEs)