Browsing: Business

A survey released on Saturday showed that the manufacturing sector in China fell to a six-month slump in April due to lockdowns that were carried out in Shanghai and other manufacturing hubs in the wake of COVID-19 outbreaks that were

The US stock market plummeted on Friday, with the Nasdaq marking its worst month since October 2008 and the S&P notching its worst month since March 2020 at the onset of the Covid pandemic. The tech-heavy Nasdaq fell 4.2%, dragged

Tesla’s stock dropped 11 percent after the announcement of Elon Musk’s Twitter deal. Investor concerns with Musk’s $44 billion purchase of Twitter may explain some of the decline, as the decline came just one day after the board approved Musk’s

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and Reliance Industries Limited (RIL), have signed the formal Shareholder Agreement for the TA’ZIZ EDC & PVC project. Reliance is India’s largest diversified conglomerate and a strategic partner with Abu Dhabi National

The annual inflation rate in Lebanon is the highest in the world according to recently announced Bloomberg data. As the financial meltdown in the Middle East nation worsens, Lebanon’s inflation rate has risen to the highest of all the countries

India’s Defence Minister Rajnath Singh has urged US companies to take advantage of the policy initiatives taken by the NDA government to develop, manufacture, and maintain defence equipment in India in order to support Make in India, Make for the

The Indian Union Minister for Commerce and Industry, Piyush Goyal, stated that India could achieve one trillion dollars in merchandise and services exports by 2030. The Minister stressed the need to make exports the fulcrum of India’s growth in New

The International Monetary Fund (IMF) and the World Bank, which are meeting in Washington and are grappling with the impact of the Russian conflict with Ukraine, are focusing on the growing crisis of food insecurity and the skyrocketing prices of

Indian Finance Minister Nirmala Sitharaman is in the United States for the spring meetings of the International Monetary Fund and World Bank. She will also participate in G-20 Finance Ministers and Central Bank Governors meetings. The Minister left last night

Iraq holds top spot as a major oil exporter to India, according to the Iraqi oil marketing company (SOMO). According to Alaa Khader Al-Yasiri, the director of the company, global crude oil prices have been adversely affected since the outbreak