A delivery man waits at a pedestrian crossing in Tokyo. Agence France-Presse
The Turkish lira weakened more than 1 per cent against the dollar early on Tuesday after the United States halted delivery of equipment related to the F-35 fighter aircraft to Turkey.
Japan’s household spending rose less than expected in February and real wages tumbled at the fastest pace in more than three years, raising concerns about the hit to the consumer sector from heightening global uncertainties. The data is likely to be discussed by policymakers worried that risks to the export sector from ongoing trade disputes may discourage firms from raising wages, which in turn would hurt consumption.
Paul Bocuse is revered in France as the ‘pope’ of the country's treasured cuisine, and gained international recognition in part for his revolutionary ‘Nouvelle Cuisine’ in the 1970s.
The UAE is the major trade partner to Vietnam in the Middle East and North Africa while Vietnam is the key trade partner to the UAE in the South East Asia, with two-way non-oil trade reaching $10.4 billion in 2017, a growth of 18 per cent as compared with 2016, according to Sultan Bin Saeed Al Mansouri, Minister of Economy.
The second edition of the Badiri Social Entrepreneurship Programme (BSEP), recently saw its 17 selected participants – all UAE-based women in pursuit of establishing socially impactful and innovative businesses, taking a field trip to India, from April 1–5, 2019. India was the chosen destination, as the country’s culture of social entrepreneurship has created a positive change there.
India’s SpiceJet Ltd said on Friday it will prioritize hiring employees of Jet Airways Ltd who are losing their jobs after the crisis-hit Indian airline halted all flight operations indefinitely this week. “We have already provided jobs to more than 100 pilots, more than 200 cabin crew and more than 200 technical and airport staff,”
US retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth picked up in the first quarter after a false start.