Exports from India to the UAE increased five-fold after CEPA
In the three months following the implementation of a bilateral Comprehensive Economic Partnership Agreement (CEPA), India's non-oil exports to the UAE…
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$75 billion price tag for Porsche has divided investors
The share price of Volkswagen hovered around breakeven on Monday, reflecting a mixed response from investors to the automaker's plans to list sports car brand…
Weak dollar and supply concerns drive up oil prices
There was a notable rise in oil prices on Monday. This was due to a weaker dollar and supply concerns ahead of the European Union's embargo on Russian oil in…
Euro area inflation up to 9.1%, EU inflation up to 10.1% in August
Annual inflation in the euro area increased from 8.9% in July to 9.1% in August 2022. The rate was 3.0% a year earlier. In August 2022, the annual inflation…
Tunisia is expected to agree on an IMF deal by the end of October
The government's spokesperson said on Friday Tunisia hopes to reach an agreement with the International Monetary Fund by the end of October, following a wage…
PM Modi calls for diversified, resilient supply chains at SCO summit
At the 22nd SCO Summit today in Samarkand, Uzbekistan, Prime Minister Narendra Modi attended the event along with leaders from SCO countries. These included…
Despite the lowest unemployment since 1974, the UK jobs boom is fading
A fall in the workforce and other signs suggest that the country's jobs boom is petering out added to the Bank of England's inflation concerns. This is because…
European Central Bank raises interest rates by 75 basis points
Governing council of the European Central Bank (ECB) decided to increase the three key interest rates of the ECB by 75 basis points. As a result, the interest…
Export growth in China sinks in August, while imports shrink
There was a drop in Chinese trade in August due to a decline in global consumer demand and a drop in domestic demand, as a result of high energy prices,…
Death toll rises to 74 as China clears roads to the earthquake epicenter
In the southwestern province of Sichuan, where a 6.8 magnitude earthquake struck on Monday, Chinese state media reported that the roads leading to the epicenter…