India’s economic growth and its “interesting market” has opened up business opportunities for German companies, according to German Ambassador to India Philipp Ackermann. Ackermann who was on a two-day maiden visit from Thursday, said that India has had very solid growth for years now and is among the very few countries that has sustainable growth. […]
A total of 3,244 real estate transactions worth over AED 13.6 billion were conducted during the week ending July 7, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 323 plots were sold for AED 3.33 billion, while 2,237 apartments and villas were purchased for AED 5.37 billion. […]
While the falling economy continues to be one of the main issues for China and now its extreme weather conditions may open the gate of the food security crisis, Federico Giuliani wrote in InsideOver. China’s Meteorological Administration had predicted that the deadly El Nino is gripping it in the coming weeks and months will lead […]
The continued slowdown in global manufacturing activity in June 2023 (at a six-month low of 48.8) and the drop business optimism index to a seven-month low have reignited fears of a global growth slowdown, said the Bank of Baroda in a report on Tuesday. The report stated that activity in China is losing momentum (PMIs, […]
Post office departments of India and Canada recently entered into an agreement to introduce International Tracked Packet Service (ITPS) between the two countries. It is intended to facilitate e-commerce exports, an official release from India’s Ministry of Communications said. The service became operational on Saturday. The ITPS is a competitive service for the transmission and […]
Canada has moved to prohibit animal testing for cosmetics, joining a number of other countries and American states in doing so, CNN reported. The decision was revealed by the Canadian government in a news release on Tuesday this week. According to the news release, Bill C-47 changes the Food and Drugs Act to prohibit both […]
In a big step towards joining dozens of other nations that currently allow such sales at pharmacies, Japan’s health ministry announced Monday that it will allow the trial sale of emergency contraceptives without a prescription beginning this summer, Kyodo News reported. A ministry panel has approved the sale of so-called morning-after pills at pharmacies that […]
After Prime Minister Narendra Modi’s recent official visit to the western superpower, three US tech titans announced significant investments in India. For the development of Indian technology, Amazon, Google, and Microsoft have pledged financial investments and technological collaboration. Google has announced that it will open its global fintech operation hub in Gujarat, whereas Amazon has […]
The Authority for Consumer Protection and Fair Trade announced Thursday its intention to issue an administrative order to stop violations of monopolistic practices that it charged Israel’s three major soft drink companies to engage in. The companies are the Central Company for the Production of Soft Drinks, Tempo Beverages, and Yapaura-Taburi. The Authority ordered the […]
Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected. “The biggest upgrades have been to emerging markets (EM) where incoming (macro) data have been a lot stronger than […]
