King Abdulaziz Port in the city of Dammam, Saudi Arabia.
BEIJING: China’s exports rebounded in March but imports shrank for a fourth straight month and at a sharper pace, painting a mixed picture of the economy as trade talks with the United States reach their endgame. Investors are hoping for signs of economic recovery in China
India’s merchandise exports grew 11.02 per cent, on a year-on-year basis in March, to $32.55 billion from $29.32 billion reported for the corresponding month of last year, official data showed on Monday. “Exports in March 2019 were $32.55 billion, as compared to $29.32 billion in March 2018, exhibiting a positive growth of 11.02 per cent,” the Commerce Ministry said.
Careem NOW has expanded its delivery services to Riyadh, with over 100 restaurants and outlets available at launch. Careem NOW, which is already operational in Jeddah, is Careem’s expansion into the food-delivery market as the company expands its platform beyond ride-hailing.
Australia’s central bank (CB) held its cash rate at an all-time low on Tuesday, in a widely expected decision, and said it will help buttress the economic recovery by maintaining its accommodative approach as long as the support is required.
Lufthansa announces a 20% cut in leadership positions and the reduction of 1,000 administrative jobs,
Following a Monday slide, the greenback was steady on most majors and clung on near a two-week low against a basket of currencies , tracking the mood in equity markets.