Strong domestic demand for consumer goods propelled a bigger than expected jump in German industrial orders in March, data showed on Thursday in a sign that manufacturers will support a recovery once supply and delivery bottlenecks are overcome.
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced plans to boost the recovery of the emirate’s tourism industry by rolling out a series of new retail consumer events,
Most economic and commercial activities in the UAE showed positive signs in May, recording their best performances since the start of the COVID-19 pandemic and highlighting the solid recovery
India’s economy rebounded in the April-June quarter even while a devastating second wave of COVID-19 swept the country, with growth of over 20% compared to a year earlier driven by a surge in manufacturing and higher consumer spending.
Indian shares rose 1% to close at a record high on Friday, driven by consumer and IT stocks as the country’s retail inflation eased
Lower food prices eased India’s July retail inflation on a sequential basis. Data furnished by the National Statistical Office (NSO) showed that the Consumer Price Index
US and European stocks mostly fell on Friday as inflation and growth fears pulled the rug out from under a rally driven by hopes of an easing in tensions between the US and China.
The Biden administration is forecasting that this year’s budget deficit will be $555 billion lower than it estimated back in May, helped by an economy that is rebounding more quickly than had been expected.
After having firmly entrenched itself in the UK market the consumer electronics brand, Lazor has forayed into the Mena region. The brand will have its Mena region headquarters in Dubai,