Business conditions in the United Arab Emirates non-oil private sector continued to improve in April, with new business growth reaching a 20-month high, a survey showed on Tuesday, as the Gulf state’s economy recovers from the COVID-19 pandemic. The seasonally adjusted IHS Markit UAE Purchasing Managers’ Index (PMI), which covers manufacturing and services, edged up…
Sen. Warren reflects on her unsuccessful 2020 presidential bid in her upcoming book, “Persist.” After entering the race to much fanfare, she was unable to translate that enthusiasm to votes. “Maybe I just wasn’t good enough to reassure the voters,” she wrote. See more stories on Insider’s business page. When Sen. Elizabeth Warren of Massachusetts…
Britain’s Foreign Secretary Dominic Raab walks outside Downing Street, in London, Britain, April 27, 2021. REUTERS/Henry Nicholls Targets for climate finance and girls’ education will top the agenda at a meeting this week of foreign ministers from the Group of Seven advanced economies, this year’s chair Britain said on Sunday. The London summit will be…
Starbucks CEO said the chain had low turnover and was mostly unaffected by worker shortages. But baristas and managers across the US told Insider that their stores are understaffed. Starbucks says it offers a “world class benefits program.” See more stories on Insider’s business page. Starbucks executives say the company isn’t feeling the effects of…
A South African Airways (SAA) plane is towed at O.R. Tambo International Airport in Johannesburg, South Africa, January 18, 2020. REUTERS/Rogan Ward/File Photo South Africa’s struggling national airline South African Airways (SAA) on Friday exited a local form of bankruptcy protection called business rescue after roughly 17 months. SAA was placed under administration in December…
Mannequins wrapped in red and white tape stand in front of the Brandenburger Gate in Berlin as part of an art installation. Michele Tantussi/Getty Images The Eurozone economy shrank in the first quarter, putting the bloc back into a recession. Rising coronavirus cases caused countries to reimpose lockdown measures, which hit growth. But the EU’s…
SYDNEY, April 30 (Reuters) – Three of Australia’s Big Four banks are set to unveil a more than doubling in interim profits, higher dividends and lower provisioning for bad debts next week, as the economy recovers from the COVID-19 pandemic. Australia’s economy has emerged from recession and all signs are that 2021 has started on…
A record $1.8 trillion worth of bonds are set to mature in Asia this year, data shows, leading to a rush to refinance them in the coming months. Most of the maturing bonds in Asia are from China, South Korea, Australia and India and the region dwarfs Europe and the United States in terms of…
A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie The Bank of Canada set the taper ball rolling last week, becoming the first major central bank to cut back on pandemic-era money-printing stimulus programmes. So who’s next? The big guns of central banking – the…
FILE PHOTO: Finland’s Prime Minister Sanna Marin arrives for the first face-to-face EU summit since the coronavirus disease (COVID-19) outbreak, in Brussels, Belgium July 19, 2020. John Thys/Pool via REUTERS HELSINKI (Reuters) – Talks between the five parties in Finland’s centre left ruling coalition on how to restart the economy will move into a second…
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