Retired US Army Staff Sgt. David Bellavia (3rd from left) rings the opening bell at the New York Stock Exchange on Wednesday. Agence France-Presse
The International Monetary Fund (IMF) has indicated that global trade expanded by merely 0.5% in the first quarter of 2019, marking the slowest year-on-year pace of growth since 2012. This certainly comes as disturbing news as there are also signals that a more significant slowdown is possible.
Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund in a January letter released by the IMF on Saturday as part of a review of Cairo’s three-year, $12 billion loan programme with the lender.
The International Monetary Fund (IMF) cut its forecast for Russian economic growth in 2019 to 1.2% from 1.4% after a weak first quarter, saying broader reforms would be needed for stronger growth.
PARIS: Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half. Europe’s largest aerospace group said second-quarter adjusted
Sanad Aerotech (Sanad), a wholly owned subsidiary of Mubadala Investment Company (Mubadala) and a leading engine Maintenance, Repair and Overhaul (MRO) solutions provider, has signed a landmark agreement with GE Aviation (GE)
The Mazda 3 was awarded the Supreme Award for the Women’s World Car of the Year (WWCOTY) at the Dubai International Motor Show in the presence of Founder of WWCOTY, Sandy Myhre from New Zealand and the GCC Jury Shereen Shabnam.
The Ministry of Health and Prevention, MoHAP, and the Department of Economic Development — Ajman (Ajman DED), agreed upon enhancing the electronic connectivity in the field of licensing private medical and pharmaceutical facilities,
US retail sales rebounded moderately in October although consumers did cut back on purchases of big-ticket household items like furniture and discretionary spending, which could temper expectations for a strong holiday shopping season.