Shoppers at a market in Hong Kong. Agence France-Presse
Hong Kong’s August retail sales were the worst on record, the government said, as escalating anti-government protests that have gripped the Chinese-ruled city for nearly four months scared off tourists and battered spending.
Hong Kong retail sales extended their free-fall in November as months of anti-government protests scared off tourists, hitting spending and threatening the survival of small businesses.
British retail sales jumped back almost to pre-coronavirus lockdown levels in June when non-essential stores in England reopened, giving a boost to beleaguered clothing stores.
US retail sales rose more than expected in June as consumers bought major items like motor vehicles and dined out, but a resurgence in new COVID-19 cases is chipping at the budding recovery, keeping 32 million Americans on unemployment benefits.
The firm is seeking a 25 per cent stake in the ammonia unit of India's AM Green, a new platform wholly owned by the two founders of Greenko, Anil Chalamalasetty and Mahesh Kolli.
Russia plans to increase budget spending by 25.8% to 36.6 trillion roubles ($383 billion) in 2024, Prime Minister Mikhail Mishustin said on Friday,
The volume of trade exchange between the UAE and the Kingdom of Saudi Arabia grew by 28 per cent in 2022, reaching Dhs 137.51 billion, compared to Dhs107.41 billion in 2018.