Global economy
- Business
World’s largest private firms ‘fail to set climate targets’
Only 40 of the world’s 100 largest private firms have set net-zero carbon emissions targets to fight climate change, according…
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Indian rupee drops to record low as risk aversion boosts dollar
US equity futures and Asian shares declined while safe haven demand lifted US Treasuries The Indian rupee opened to a…
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IMF Projects Robust Growth for UAE Economy Amid Global Recovery
IMF says despite many gloomy predictions, world economy avoided a recession The International Monetary Fund (IMF) on Tuesday projected higher…
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UAE moves up in global FDI confidence index amid diversification push
Arab world’s second-largest economy jumps to eighth position from 18th last year on Kearney’s latest list The UAE has moved…
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How the UAE has become a global crypto hotspot amid ‘regulatory winter’
The Emirates is fast becoming a magnet for rising cryptocurrency companies, accelerated by influx of institutional capital, elite talent and…
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OECD economy expands 1.7% in 2023, G20 3.2%
OECD’s annual GDP growth rate down from 2.9% in 2022, G20 at same level; Türkiye has 3rd-highest growth rate in…
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Turkish Steel Leader Urges EU to Reevaluate Import Standards Amidst Trade Disparities
Ugur Dalbeler discusses the challenges Turkish steel faces with EU regulations. He advocates for fairness and sustainability in global trade.…
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10 biggest companies in the world by market capitalization
Energy powerhouse Saudi Aramco makes it to the list In business, technology evidently rules. One glaring proof is how tech…
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Global economy on track for soft landing, but growth remains weak: IMF
Rise in commodity prices, tightness in labor market, renewed supply chain tensions could reignite inflation, says report The global economy…
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The Lira’s Plunge: Turkiye’s Currency Hits Record Low Against the Dollar
Delve into Turkiye’s economic turmoil as the lira hits a record low of 31 to the U.S. dollar, signaling a…
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