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Germany's Ifo institute on Tuesday said Europe's largest economy would likely shrink by 5.2% this year, raising its previous estimate for a 6.7% drop, in the latest sign the...
The pound slipped to two-month lows against the dollar on Tuesday ahead of a fresh set of mobility restrictions to be imposed by British Prime Minister Boris Johnson to...
Gold prices slipped on Tuesday following a sharp drop the previous day, as the dollar hit multi-week highs ahead of US Federal Reserve Chair Jerome Powell's appearance at a...
The dollar rose on Tuesday to six-week highs, extending gains from the previous session, as markets turned risk-averse over a surge of virus cases and new lockdown measures in...
Global banks faced a fresh scandal about dirty money on Monday as they sought to limit the fallout from a cache of leaked documents showing they transferred more than $2...
The head of the European Central Bank said that the economy is rebounding but that the recovery remains uncertain, incomplete and dependent on containing the virus outbreak. ECB President Christine...
Business Bureau, Gulf Today The Sharjah Entrepreneurship Center (Sheraa) is launching ‘UCAN’ or the Ubuntu Care And Nurture initiative with a $250,000 equity-free prize purse open to top startups...
Business Bureau, Gulf Today Emirates Islamic, one of the leading Islamic financial institutions in the UAE and rated A+ (stable) by Fitch, has successfully closed the issuance of a...
The UAE’s Ministry of Finance (MoF) and the Ministry of Health and Prevention (MoHAP) recently participated in the virtual Joint Meeting of G20 Finance and Health. The meeting sought to...
The Turkish lira plumbed more record lows on Monday, touching 7.6 against the dollar, as expectations grew that the central bank would keep its key interest rate steady this week...