logo

News related to
growth

When it comes to international news, The New York Times doesn’t want to be BuzzFeed, HuffPost or The Guardian. It wants to be, well, The New York Times. Whereas other publishers are looking to lure massive new audiences with editions published in various languages, The New York Times is being deliberately conservative with its foreign-language offerings. It has Spanish- and Chinese- language homepages but isn’t planning to […]

Dubai: 09th May 2017 Gulf Islamic Investments LLC (GII) successfully completed a Sharia compliant growth capital financing round for Bion Group and further expands its investment portfolio with a foray into the lucrative transportation and logistics industry. Bion Group is ranked #1 heavy haul transportation company by customer base and ranked #4 heavy haul transportation company by trucks fleet size in the UAE and is a well-renowned […]

By Thierry Chiarello and Sarah White | PARIS PARIS Emmanuel Macron may have won Sunday’s presidential election by a comfortable margin, but even his supporters’ enthusiasm is tempered by the scale of the challenge that the inexperienced politician faces in tackling France’s deep-seated economic, social and security problems. Macron, a former economy minister who had never previously stood for elected office, beat far-right leader Marine Le Pen […]

Cofco, China’s powerful state-controlled grains company, is set to appoint the former chief executive and deputy chair of agricultural trader Louis Dreyfus Company as a non-executive director for its international agricultural trading arm. Serge Schoen, who resigned from the LDC board last year, is poised to become one of Cofco International’s four non-executive directors on the company’s 10-person board. His appointment comes as questions have been raised […]

Globally, billions of dollars are lost to fraud every year, and with the growth of ecommerce business models over the past five years, payments startup Stripe is putting its transaction-based insights to good use in an effort to block fraudulent activity from its platform. Speaking with ZDNet, Stripe’s head of machine learning Michael Manapat said that internet businesses are in a uniquely liable situation of having to […]

The market reaction to Emmanuel Macron’s victory in the French presidential election has been muted so far, with investors having to a large extent anticipated the result. “The euro went up a bit, down a bit and ended pretty much where it was last week. Damp squib would be an overstatement,” as Kit Juckes at Société Générale put it. At pixel time, the euro was trading at […]

Emmanuel Macron’s triumph in the French presidential election nudged the euro to a six-month high against the dollar, with analysts and investors predicting that the result could spur a return of money to the eurozone. The euro inched up 0.1 per cent to $1.1021 in the hours after it became clear the centrist had beaten Marine Le Pen, before dipping 0.1 per cent to $1.0977 as Asian trading started. […]

Advertisements

By Muyu Xu and Ryan Woo | BEIJING BEIJING The Chinese capital is sanitizing its ancient hutong alleyways, home to millions of migrants workers and thousands of small businesses, bulldozing illegal constructions and forcing shops, bars and tiny courtyard restaurants to relocate or go under. As part of guidelines unveiled in April, authorities have started to brick in doors of properties along the narrow passageways, many of […]

The Australian dollar was on the back foot following data showing the biggest yearly drop in building approvals in six months. Approvals were down 19.9 per cent in the 12 months to the end of March, tumbling from a 4.9 per cent fall in February, according to data from the Australian Bureau of Statistics. This was well below expectations among economists for a 10 per cent fall, […]

Doha, Qatar – 7 May, 2017 Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, was awarded the Product Innovation Award under the Islamic Finance category from Global Finance. The award recognized QIB’s efforts in introducing innovative sharia compliant products that meet customers’ needs by providing them with long-term deposits with flexible profit payment options. The long-term deposits, with flexible profit payment options and higher expected yields, give […]

By Noah Barkin and Leigh Thomas | BERLIN/PARIS BERLIN/PARIS After a decade of slow growth, rising unemployment and dwindling competitiveness, France elected a president on Sunday who says he has a plan to pull the country out of its economic malaise.     Emmanuel Macron, a former investment banker who quit the government of Francois Hollande twice out of frustration with the slow pace of reforms, is promising […]

Oman’s tourism development company, Omran, has announced the appointment of Peter Walichnowski as its new CEO. Effective immediately, he will lead the company on its state-level mandate as the sultanate’s master developer of tourism destinations and urban communities, a statement said. Walichnowski joins Omran with more than 35 years of experience in tourism, real estate and mixed-use developments including stints at Dubai shopping mall operator Majid Al […]

The Federal Reserve risks political interference and losing its independence if it maintains a large balance sheet in the longer term, former Fed officials have claimed, as debate over the central bank’s strategy for unwinding its interventions in financial markets intensifies. Kevin Warsh, a visiting fellow at the Hoover Institution at Stanford University and former Fed governor, said permanently holding vast quantities of assets like treasuries was […]

Results exceed analyst expectations; backed by strong Air Arabia passenger demand and ongoing cost control measures Sharjah, UAE; May 07, 2017 Air Arabia PJSC today reported strong financial results for the first quarter of 2017 exceeding analyst expectations, as the Middle East’s first and largest low cost carrier continued to deliver solid commercial and operational results.   Air Arabia reported a net profit of AED103 million for […]

Bahrain-based Investcorp has announced that its US real estate arm has invested in an industrial portfolio of properties in the Chicago and Boston metropolitan areas for a total purchase price of about $160 million. The portfolio includes six properties with an aggregate of approximately 1.8 million square feet of warehouse and distribution space, the investment firm said in a statement. Yasser Bajsair, managing director at Investcorp in […]

Monday UN focus on migrants The UN will meet in Geneva to address the “human rights of all migrants, social inclusion, cohesion and all forms of discrimination, including racism, xenophobia and intolerance”. Organisers say they are working towards an ambitious global policy on migration, an issue high on the political agenda after the Mediterranean migrants’ crisis and US President Donald Trump’s clampdown on migration into the US […]

By Jonathan Cable | LONDON LONDON The fate of the European Union and the euro could hang on the outcome of Sunday’s French presidential election. The expected victory of centrist, pro-EU candidate Emmanuel Macron would be taken by markets as a sign that political risk in Europe is receding; a surprise win for far-right candidate Marine Le Pen would raise the risk that the euro zone’s number […]

By Joseph Sipalan and Praveen Menon | KUALA LUMPUR KUALA LUMPUR Malaysia’s 1.6 million public servants have long been one of the most reliable vote banks for Prime Minister Najib Razak’s ruling coalition, but as he prepares to seek re-election he faces warnings that soaring living costs risk eroding that support. Prices have risen sharply since Malaysia cut state subsidies and launched a national goods and services […]

By Ann Saphir | PALO ALTO PALO ALTO San Francisco Federal Reserve Bank President John Williams on Saturday reiterated his view that the U.S. central bank should begin trimming its massive balance sheet later this year, in part so the Fed has more tools at the ready when the next recession hits. He was the fourth Fed official in two days to suggest the Fed may need […]

06 May 2017 Abu Dhabi, UAE – Emirates Metrology Institute (EMI), part of Abu Dhabi Quality and Conformity Council (QCC), participated in the half-yearly meeting of members of the Gulf Association for Metrology (GULFMET) hosted by Emirates Authority for Standardization & Metrology (ESMA) in Abu Dhabi. Held for the first time in Abu Dhabi since GULFMET’s establishment, the meeting drew the participation of representatives from leading National […]

The U.S. job market saw a strong rebound in April, driving the unemployment rate to the lowest level in a decade. The economy saw 211,000 jobs added in April, according to new government data released on Friday, May 5. The job market boost dropped the unemployment rate to 4.4 percent, the lowest level since May 2007. The latest stats should calm some fears about the state of the […]

Event opens with xx regional and international exhibitors showcasing Egypt’s mega projects such as The New Capital of Egypt and New El Alamein City 06 May 2017 H.E Sultan Butti bin Mijrin, Director General of Dubai Land Department, and in the presence of H.E. Dr. Mustafa Madbouli, Minister of Housing, inaugurated the 2017 Egypt Property Show (EPS) today (Friday, May 5, 2017) in Dubai World Trade Centre, […]

The slowdown in the UAE’s non-oil real GDP growth appears to have bottomed out and Dubai can expect a 2 percent Expo 2020 boost to its GDP, according to a new report by Bank of America Merrill Lynch. Its report said that the UAE has managed a soft landing, with a less pronounced cycle than in the global financial crisis in 2008. It noted that incremental government […]

May 6, 2017 by: Jeevan Vasagar in Singapore and Michael Peel in Bangkok Puma Energy, the fuel storage and petrol station business backed by Swiss commodities trading house Trafigura, wants to expand in Myanmar across a range of fuel and petroleum products after opening a $100m storage facility at the southern port of Thilawa. The new terminal, with a capacity of 91m cubic metres, opens the prospect […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
DEWA and Dell pursue stronger digital utility infrastructure // Claude Code approval settings expose thousands of credentials // Dubai activates six-lane Al Khaleej Street tunnel // Ghantoot clinches Pink Polo Cup as screenings draw crowds // Binance appoints Justin Yek as finance chief after theft // Greens back Sreedharan plan // Burnham pledges British solidarity after deadly Krakow shooting // Democratic Congress threatens Trump-era cryptocurrency policy gains // SoftBank and ABB weigh separating Chinese robotics operations // Dubai Future District Fund and Buimerc formalise cooperation // Elephant calf on death line airlifted for treatment in Gujarat // ADNOC secures decade-long LNG supply pact with Gujarat Energy // UAE forecast to lead solar output per person // Herzog selects Eisenkot for Israeli coalition negotiations // Coca-Cola bottling holding company submits share sale prospectus // Excise chief shunted out in bar licence dispute // ADIA subsidiary seeks $7.5 billion private investment financing // Bail refused to Kochi sex assault accused // Vijayan accuses CM of being evasive // HKUST President and Chinese Academy of Sciences Academician Prof. Nancy Ip Receives UNESCO Honor for a Second Time //