Employees at a car factory in Palmela, Portugal. File/Agence France-Presse
Portugal’s record economic contraction in the second quarter saw exports of goods and services plunge by 40% as the coronavirus eroded revenue from overseas tourists, a breakdown of official GDP data showed.
Portugal added the inaugural Nations League title to their Euro 2016 triumph as Goncalo Guedes’s strike on the hour won an underwhelming final 1-0 against the Netherlands in Porto on Sunday.
Cristiano Ronaldo insisted he has no immediate plans to retire from international football after helping Portugal lift the inaugural Nations League on Sunday.
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.
The UAE non-oil trade volume could grow by up to 12.9% year-over-year in 2021, supported by an expected uptick in maritime transport activity and other positive global economic trends,
Dubai Electricity and Water Authority (Dewa) has completed 87.73 per cent of its project to extend its water transmission network by 36 kilometres across Dubai, at a total cost of about Dhs256 million.
The State Bank of Pakistan (SBP) has announced its bi-monthly monetary policy on Friday and decided to maintain its policy rate at 7 per cent, according to a statement issued by the bank.