Customers at a supermarket in Qingdao, China. Agence France-Presse
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
General Motors (GM) and Ford Motor announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the US automakers were hit by a slowing economy amid the Sino-US trade war.
Bolstered by improving sales and better margins, profits for China’s industrial companies rose in May, bucking a months-long downtrend. But analysts are unsure if the modest gains can last. China’s industrial profits have been faltering for over a year
His Highness Sheikh Dr Sultan Bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has asserted that he will personally support programmes and efforts to empower women around the world,
Public sector banks (PSBs) have returned to profitability in 2019-20, posting an aggregate profit of Rs3,221 crore in the first half ending September, Minister of State for Finance Anurag Singh Thakur said in the Parliament.
Dr. Matar Al-Neyadi, the Undersecretary of the UAE Ministry of Energy and Industry, inaugurated the Middle East Iron and Steel Conference 2019 which is being held in Dubai,