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
Painters, sculptors and photographers face losing their workspaces because of gentrification in the booming capital. All 30 artists in the building have received a notice to vacate the premises they have used since 2013.
BERLIN: Dutch central bank Governor Klaas Knot expects the eurozone economy to recover speed in the second half after a sluggish start to the year, but in an interview with Handelsblatt the noted hawk was distinctly dovish on long-term interest rates. Knot, one of the most prominent hawks on the European Central Bank’s rate-setting committee told the German paper
As the United Kingdom grapples with its Brexit drama, the uncertainty around its decision to leave the EU persuaded Dale Carr to close down her Berlin shop selling British goods. The 67-year-old from Sheffield and her husband Robin in 1996 opened “Broken English”, a shop selling British goods to homesick expats and Germans with a taste for UK treats in the trendy district of Kreuzberg.
The Abu Dhabi-based global investment firm, Mubadala Investment Company, announced that it has signed an agreement to invest up to $500 million in Cologix, the network-neutral interconnection and hyperscale edge data
The Dubai property market is on solid growth track and is marching ahead. The city of wonders is close to host Expo 2020, which would add more flavor to the country’s bourgeoning realty sector.
Dubai’s maritime sector has been steadfastly working to achieve great heights and bring in new developments that can contribute to innovation and growth of the sector and boost the Emirate’s ranking among the world’s leading maritime capitals,