Picture used for illustrative purpose.
Global equity benchmarks and oil prices rose on Friday while safe havens such as the dollar and US Treasuries dipped as hopes for a global economic recovery overshadowed the continued blockage of one of the world’s most vital shipping lanes.
The United States is pushing in the G20 for agreement on a global minimum corporate tax to stem the erosion of government revenues, US Treasury Secretary Janet Yellen said on Monday.
Stock markets rallied on Monday after US President Donald Trump’s top economic adviser hailed “positive” trade talks with Chinese negotiators.
The UAE’s non-oil foreign trade amounted to Dhs527.5 billion by the end of Q1-2022, Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, revealed.
DUBAI: DP World, a leading global end-to-end logistics provider, announced the creation of DPMETAWORLD, a new initiative aimed at bringing cutting edge virtual solutions to real-world supply chain challenges.
Cash-strapped Sri Lanka took delivery on Saturday of Russian oil -- which could soon be subject to a European embargo -- to restart operations at the country’s only refinery, the energy minister said.