People walk past a bank’s electronic board in Hong Kong on Tuesday. Associated Press
While several countries are suffering a fresh surge in infections — particularly the United States — the ongoing easing of lockdown measures and reopening of economies has been the key driver of a months-long surge across equities.
Global stock markets fell on Tuesday as investors locked in profits from a strong recent run, with analysts saying that equity valuations had started to look too optimistic, prompting a reality check.
Global stock markets jumped on Wednesday after the release of more upbeat data about the COVID-19 vaccine being developed by Pfizer and BioNTech. Traders have this month been encouraged by announcements of progress toward possible vaccines and on Wednesday
World stocks edged higher on Friday, but gains were capped by dwindling stimulus in the United States and concerns about the damage to the global economy from further COVID-19 infections. Hopes of a stimulus-led recovery receded after US Treasury Secretary
DP World, UAE Region in collaboration with the UAE Food & Beverage Manufacturers Group recently hosted ‘The Food & Beverages (F&B) Manufacturing Industry 2021 Dialogue’ emphasising the significance of the sector to the UAE’s economy. The entity’s recently
The UAE Circular Economy Council met recently for the first time since it was established in February 2021. Dr Abdullah Belhaif Al Nuaimi, Minister of Climate Change and Environment, presided over the meeting. The Council approved the formation of a joint
Airlines face another bleak year with steeper losses than previously forecast, as some regions struggle to speed up Covid-19 vaccination campaigns and control virus variants, an industry group said on Wednesday.