An employee at Ford’s truck facility in Michigan, US. Agence France-Presse
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
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.
Ford Motor said its China vehicle sales increased 3% in April-June from a year earlier, its first quarterly sales rise in the world’s bigggest auto market in almost three years.
Saudi Aramco on Thursday announced its first global investment in liquefied natural gas, part of a broader bid by the energy giant to expand beyond oil.
Mariam Bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, called upon UAE businesses to mainstream sustainability into all their operations
Dubai property market is witnessing a remarkable growth and developers are announcing new projects to meet the rising demand in the market.