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    Germany’s recession risks rise as July industrial orders drop

    Germany’s recession risks rise as July industrial orders drop

    08 Sep 2019

    Weaker demand from abroad drove a bigger-than-expected drop in German industrial orders in July, suggesting that struggling manufacturers could tip Europe’s biggest economy into a recession in the third quarter....

    Brazil’s services sector activity expands in second straight month

    Brazil’s services sector activity expands in second straight month

    08 Sep 2019

    Brazil’s services sector activity expanded in August for the second month in a row, a closely watched purchasing managers index (PMI) survey showed, although the pace of growth slowed. Brazil’s...

    FTA campaign on to monitor ‘Digital Tax Stamps’ compliance

    FTA campaign on to monitor ‘Digital Tax Stamps’ compliance

    07 Sep 2019

    Business Bureau, Gulf Today The Federal Tax Authority (FTA) has conducted two simultaneous awareness and inspection campaigns to verify compliance with the ‘Marking Tobacco and Tobacco Products Scheme’ in the...

    Sweden’s central bank likely to tighten monetary policy soon

    Sweden’s central bank likely to tighten monetary policy soon

    07 Sep 2019

    The Riksbank, Sweden’s central bank, said it still expects to tighten policy around the turn of the year, surprising markets and sparking big gains in the long-suffering crown currency. With...

    Pakistan plans new inflation surveys

    Pakistan plans new inflation surveys

    07 Sep 2019

    Pakistan’s former finance minister Asad Umar said that the federal government would conduct separate surveys for urban and rural areas to measure the inflation rate. This, he said, while chairing...

    British carmakers urge Brexit delay rather than no-deal exit

    British carmakers urge Brexit delay rather than no-deal exit

    07 Sep 2019

    Britain should delay Brexit beyond Oct.31 rather than leave the European Union (EU) without a deal, which would be particularly harmful to large carmakers, the head of the sector’s industry...

    India’s warehousing sector set to touch new peak on rising demand

    India’s warehousing sector set to touch new peak on rising demand

    07 Sep 2019

    V Nagarajan The year 2018 saw India’s warehousing sector coming of age, outshining some of the conventional real estate asset classes and attracting global investors. As per a study...

    America’s jobs creation cools in August as Trump hammers Fed

    America’s jobs creation cools in August as Trump hammers Fed

    06 Sep 2019

    America’s jobs engine downshifted in August as employers unexpectedly held back hiring across major industries, another sign that the world’s largest economy could be weakening, government data showed on Friday....

    Saudi Arabia’s business morale at three-month high in Q3

    Saudi Arabia’s business morale at three-month high in Q3

    06 Sep 2019

    Business Bureau, Gulf Today Saudi Arabia’s non-oil private sector regained momentum midway through the third quarter of this year. Stronger domestic demand drove a faster upturn in output, which recovered...

    Alibaba to buy Kaola unit from China’s NetEase for $2 billion

    Alibaba to buy Kaola unit from China’s NetEase for $2 billion

    06 Sep 2019

    Alibaba, China’s biggest e-commerce company, has agreed to buy Kaola e-commerce unit from Chinese company NetEase for $2 billion, adding a platform that specialises in supplying curated luxury goods from...

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