People walk in a shopping street in London. File/Agence France-Presse
British retail sales rebounded much more strongly than expected last month as the country gradually relaxed its coronavirus lockdown, but public borrowing hit a record high and debt passed 100% of economic output.
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.
British retail sales fell last month on easing lockdown curbs, as people dined at restaurants instead of buying food at supermarkets, data showed on Friday.
China’s factory activity expanded in July at the slowest pace in 17 months as higher raw material costs, equipment maintenance and extreme weather weighed on business activity,
Trade in medical goods registered growth of 16.3 per cent in 2020 - compared with 4.7 per cent growth in 2019 when the COVID-19 pandemic was just starting,
Al Aliyo HydroFarms, a hydroponic fodder farm in the UAE, has inaugurated two warehouses in the Sharjah Food Park of Hamriyah Free Zone Authority (HFZA) with initial investments estimated at Dhs9 million.