An employee at an optical fibre cable factory in Huzhou, China. Reuters
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.
Beijing: China on Wednesday reported surprisingly weaker growth in retail sales and industrial output for April, adding pressure on Beijing to roll out more stimulus as the trade war with the United States escalates.
The UAE Government and the United Nations Initiative to commemorate its 75th anniversary launched the “Future Possibilities Report 2020”, presenting six transformational trends that can add up to $30 trillion to the global economy by 2025.
The Abu Dhabi Department of Economic Development (ADDED), has permitted commercial and industrial licensees in the Emirate of Abu Dhabi to renew their investment activities’ licenses for a period of 3 years.
The Expo Centre Sharjah (ECS), on Monday, welcomed the return of its employees to the offices with 100 per cent capacity in accordance with the decision of Sharjah Executive Council (SEC),
Adnoc Logistics and Services (Adnoc L&S), the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (Adnoc) announced on Tuesday the formation of a new strategic joint venture (JV) with Wanhua Chemical Group.