Shoppers in masks at a Walmart store in Bradford, Pennsylvania. The US consumer spending slowed down in August. File/Reuters
France is faring worse than Germany, Europe’s largest economy, which on Thursday reported a 10.1% plunge in GDP during the April-June period as its exports and business investment collapsed.
Italy plans to launch a fund worth up to 40 billion euros ($47.8 billion) this month to help its companies hit by the coronavirus crisis raise capital and strengthen their balance sheets, two sources familiar with the matter said.
According to the Office for National Statistics, the gross domestic product fell after recording 1.2 per cent growth in December
The number of shoppers heading out to stores, malls and other outlets across Britain fell 27.1 per cent last week from the week before, reflecting the impact of new lockdowns to stem the spread of COVID-19, researcher Springboard said on Monday.
The Dubai property market is witnessing a remarkable recovery as an upward trend is noted in both the prices and demand for residential properties.
The last year was a very successful year for the Hamriyah Free Zone Authority (HFZA) in Sharjah, where it has continued to consolidate its position as a favored investment
Dubai’s business events sector and broader economy are poised to benefit from another year of successful bidding activity led by Dubai Business Events (DBE), the city’s official convention bureau.