News

Media IN Vilnius, Jun 6, 2019, SPA The European Central Bank (ECB) pushed back the timing of its first post-crisis interest rate hike again on Thursday and said it would continue paying banks for lending in its latest effort to revive a slowing euro zone economy. ECB President Mario Draghi …

Media IN ROME, June 06, 2019, SPA World food prices rose for a fifth consecutive month in May after bad weather pushed up the prices of cheese and maize, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) also warned that a sharp fall in …

Media IN MADRID, 6th June, 2019 WAM According to a new report from the World Tourism Organisation (WTO), exports generated by international tourism reached US$1.7 trillion in 2018, a 4 percent increase in real terms over the previous year, This is the seventh year in a row where tourism exports …

Media IN Abu Dhabi, 6th June, 2019 WAM Indian airline IndiGo has started two new daily direct flights from Delhi and Mumbai to Abu Dhabi.  The inaugural flight from Delhi’s Indira Gandhi International Airport to Abu Dhabi took off on Wednesday, June 5 at 7.55pm, while the flight from Abu …

Media IN SHANNON, Ireland/BEIJING 6th-06-2019 On Thursday, the U.S. President Donald Trump threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States. Tensions between …

Media IN GENEVA, 6th June, 2019 (WAM World trade will continue to face strong headwinds in 2019 and 2020 after growing more slowly than expected in 2018 due to rising trade tensions and increased economic uncertainty. WTO economists expect merchandise trade volume growth to fall to 2.6% in 2019 — …

Media IN London, June 06, 2019, SPA London’s FTSE 100 share index rose on Thursday as investors bet central banks would take action this year to head off a global recession, although gains were capped by several heavyweight stocks trading ex-dividend. The FTSE 100 was up 0.6% and the mid-cap …

Media IN London, June 06, 2019SPA The pan-European STOXX 600 index was up 0.3% by 0717 GMT, with the auto sector, down 0.48%, preventing stronger gains. Shares of Fiat Chrysler Automobiles MV slipped 1.6%, weighing on Milan’s bluechip index, after the Italian carmaker abandoned its $35 billion offer for Renault …

Media IN FUJAIRAH 5th-06-2019 WAM The Port of Fujairah and the adjacent Fujairah Oil Industry Zone, FOIZ, already well-established as one of the world’s top centres for oil bunkering, continue to attract further business and investment, recent announcements show. Last month, Fujairah-based Brooge Petroleum and Gas Investment Company and Dubai-based …

Media IN Manama, Jun. 5 2019 (BNA): Bahrain’s money supply (M3) increased to BD13.2 billion ($34.7 billion) at the end of the first quarter (Q1) of this year compared to BD12.4 billion at the end of Q1 2018, according to data released by the Central Bank of Bahrain (CBB). The …