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Battered by years of low interest rates, eurozone banks are looking at a multi-billion-euro consolation prize if the ECB grants them an expected reprieve from its penalty charge on deposits,...
Business Bureau, Gulf Today The value of apparel sales in the UAE amounted to $12.3 billion in 2018, registering an annual growth rate of about 4.8%, while the sector is...
The final lucky winner of the “Mall Millionaire” campaign from Line Investments and Property LLC during the RAD Summer Edition sales was Abu Dhabi-based driver, Indian national Abdulsalam Shevanas....
The National Assembly of Pakistan was informed that export enhancement package has been extended for another three years. Parliamentary Secretary for Commerce and Textile Aliya Hamza Malik told the House...
Central banks in Asia, Australia and New Zealand (NZ) have joined a brewing global currency war by slashing interest rates and pledging to keep them down, worrying markets over the...
Britain’s economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed on Friday, placing the country on the verge of recession and sending the...
Don Lee, Tribune News Service Shortly before igniting a new round in his trade war with China, President Donald Trump last week accused Beijing of trying to stall talks...
China’s factory gate prices shrank for the first time in three years in July, stoking deflation worries and adding pressure on Beijing to deliver more stimulus as the economy sputters...
Japan’s economy grew much faster than expected in April-June to mark the third straight quarter of expansion, as robust household consumption and business investment offset the hit to exports from...
The Reserve Bank of India (RBI) lowered its benchmark interest rates for a fourth straight meeting on Wednesday with a slightly bigger than expected cut, underscoring its worries about...