NEWS

Meet the advocates of using contracts to gauge economic health

Digitalisation of business could unlock a new measure that complements GDP, say its champions

Top Pentagon official tests positive for coronavirus

The Defense Department says a Pentagon official installed in a top policy job last week has tested positive for COVID-19, just days after he met with the Lithuanian defense minister, who had contracted the virus

Asian shares mostly climb amid tug of war between hope, fear

Asian shares are mostly rising in muted trading after Wall Street eked out modest gains amid a tug of war between worries about the worsening pandemic in the present and optimism that a vaccine will rescue the economy in...

Mexico becomes 4th country to hit 100,000 COVID-19 deaths

Mexico has passed the 100,000 mark in COVID-19 deaths, becoming only the fourth country — behind the United States, Brazil and India — to do so

UK consumer confidence at six-month low as restrictions tighten

One in three businesses in the hospitality sector have low or no confidence that they will survive

Emirates mobilizes for COVID-19 vaccine airlift

Author:  Fri, 2020-11-20 00:06 LONDON: Dubai-based carrier Emirates is gearing up to distribute COVID-19 vaccines as pharma companies mobilize for the challenging logistics of delivering them to users. It comes as airlines have warned that continuing travel curbs could potentially slow the...

Saudi fund raises ownership stake in ACWA Power to 50%

Author:  Reuters ID:  1605822393093421800 Thu, 2020-11-19 21:35 CAIRO/DUBAI: The Public Investment Fund, Saudi Arabia’s sovereign wealth fund, said on Thursday it has increased its stake in ACWA Power to 50% from 33.6% as part of a move to support the renewable energy sector in...

US-Gulf trade ties set to begin new chapter

Fri, 2020-11-20 00:22 LONDON: The incoming Biden administration in Washington is set to herald a new chapter of trade ties between the US and the Gulf — as well as with the region’s largest economy. In recent days, many analysts have...

The elusive promise of Bitcoin

Cryptocurrency has failed to provide investors with stability and protection

Qatar hotels fighting to survive until 2022 World Cup

Author:  AFP ID:  1605791930611441600 Thu, 2020-11-19 03:46 DOHA: Qatar has marketed its opulent skyscraper hotels as jewels in its World Cup 2022 crown but coronavirus curbs and a glut in new properties are jeopardizing the industry. As well as keeping out overseas visitors, travel restrictions...
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