Expansion in India’s manufacturing sector hit its slowest in 15 months in August as demand and output grew at their weakest pace in a year and cost pressures increased,
The US solar market will grow more slowly than previously forecast this year as some large projects are shifted into 2020, an industry trade group said on Tuesday. The Solar Energy Industries Association forecast 17% growth
Oman’s economy is predicted to grow by 7.9 per cent in 2022, according to a new report from the World Bank, placing it among the world’s countries expected to grow fastest. The World Bank’s Global Economic Prospects, which was published
An impressive growth in its Azure Cloud business in a pandemic-hit year helped Microsoft Corporation post a 17 per cent increase in its revenue which reached $43.08 billion, with declaring a net income of $15.5 billion, for the quarter ended
The contraction, triggered by one of Europe's strictest coronavirus lockdowns, was worse than the 16.6% expected by analysts. It came after a 5.2% drop in the first quarter, dragging Spain into its steepest recession ever, at a record pace.
Xi also called for stronger policy coordination among international communities, saying globalisation is “irreversible” and that China will not engage in “de-coupling.”
The UAE has strengthened its leading position in international competitiveness indexes, related to banking and fiscal policies, by securing places among the top 20 countries in 11 related competitiveness indexes in 2020.
Singapore further cut its annual growth forecast on Tuesday as the escalating US-China trade war hammers exports, in another ominous sign for Asia’s trade-reliant economies.
Brazil’s economy likely expanded by 0.4% in the third quarter, according to a Reuters survey of economists, consolidating a steady, if unspectacular, pace of growth ahead of an anticipated upswing into the year end.
The UAE’s Gross Domestic Product, GDP, in constant prices, is projected to expand at Dhs1.501 trillion in 2020 from Dhs1.464 trillion in 2019 and Dhs1.442 trillion in 2018, said Obaid Bin Humaid Al Tayer, Minister of State for Financial Affairs, and Chairman of the Federal Tax Authority.