Pedestrians in London’s China Town district on Tuesday. Agence France-Presse
It was a very Black Monday for a very beleaguered nation, which is facing growing isolation as countries shun it. The coronavirus outbreak in China has not only taken a toll on human life, but also on the economy.
World stock markets advanced Monday, helped by investor confidence in upcoming US quarterly earnings and the business outlook, and by hopes for progress towards a coronavirus vaccine, dealers said.
Stock markets tumbled across the globe and oil prices slumped Thursday after President Donald Trump banned all travel from mainland Europe to the United States for a month to fight the coronavirus pandemic, ramping up fears of worldwide recession.
China’s central bank on Monday cut an interest rate on loans to banks by the largest margin in five years and injected 50 billion yuan ($7 billion) into the financial system to help the world’s second-largest economy weather the coronavirus impact.
Featuring a rich exhibition programme that covers energy-related technology, innovation, collaboration, and digitalisation, ADIPEC 2023 is expected to attract over 160,000 attendees from 164 countries for its biggest edition ever.
IBMC, the UAE-based financial services consultancy and eMarket Place Trade Flow Service Providers, has launched an innovative Integrated International Trade-Flow System,
The UAE’s aviation sector registered a record growth in terms of air traffic and passenger numbers through the country’s airports.