An employee at an optical fibre cable factory in Huzhou, China. Reuters
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
General Motors (GM) and Ford Motor announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the US automakers were hit by a slowing economy amid the Sino-US trade war.
Beijing: China on Wednesday reported surprisingly weaker growth in retail sales and industrial output for April, adding pressure on Beijing to roll out more stimulus as the trade war with the United States escalates.
Americans are once again interested in debating economic systems. The 2016 presidential candidacy of Bernie Sanders, a self-described socialist, reignited a debate about capitalism and socialism that some believed had died with the Soviet Union. Younger Americans are now divided on which system
Washington and Beijing are working actively to revive negotiations aimed at ending the trade war that has rattled world markets, Donald Trump’s chief economic advisor said on Sunday.
Germany’s second biggest city Hamburg is becoming one of the favourite travel destinations for Gulf travellers, offering them outstanding features, from great waterfront sites, high-end shopping facilities, luxurious hotels to exquisite culinary Michelin-star restaurants.
The Dubai Maritime City Authority (DMCA) has revealed the successful opening of its newest registration and licensing centre in Umm Suqeim. The move complements the government’s continuing efforts towards achieving customer happiness