Economy
World / Countries / MNCs
New York: After reaching an all-time high in March amid repercussions from the war in Ukraine, world food prices decreased last month, the UN Food and Agriculture Organization (FAO) said on Friday. more
Tesla planning production plant in Shanghai : Reports

Beijing: US electric automaker Tesla is planning to set up a second plant to expand its production capacities in China's Shanghai, the Zhongguo Zhengquan Bao newspaper (China Securiti ...

Development financing crucial to get global economy back on track

New York: The global economy is under severe stress and the Sustainable Development Goals (SDGs) are in “need of urgent rescue”, the deputy UN chief told the Financing for Dev ...

Ukraine conflict putting global trade recovery at risk: WTO

The war in Ukraine has created immense human suffering but it is also putting the fragile recovery of global trade at risk, and the impact will be felt across the planet, the World Trade ...

German inflation moves to 40-year high in March

Berlin: Germany's consumer price index (CPI) rose to 7.3 per cent in March on an annual basis, hitting a 40-year high, the Federal Statistical Office (Destatis) said on Tuesday.

Sri Lanka's worst economic crisis is accentuated by dependence on China

Sri Lanka is steadily plunging into a deep economic emergency but the unfolding crisis can act as an eye opener for those nations who are heavily depending on China's loans with the b ...

Sri Lankan imports increase 23.1 pct in January 2022

Colombo: Sri Lanka's imports grew 23.1 per cent in January 2022, compared to January 2021, the latest data released by the central bank showed.

UN Dubai Forum closes with calls for focus on women entrepreneurs, innovation and sustainable development for all

New York: The World Entrepreneurs Investment Forum (WEIF 2022) closed in Dubai on Wednesday with participants adopting the ‘UAE Declaration’, which calls for greater collabora ...

China's factory activities slow down in March amid COVID-19 resurgence

Beijing: The factory activities in China, a country witnessing a surge in COVID-19 cases, likely shrank in March, media reports said on Friday.

Entrepreneurship, investment key to achieving SDGs and resilient post-pandemic recovery

A United Nations forum opened in Dubai today, spotlighting entrepreneurship, innovation, and investment in a post-pandemic recovery as vehicles to achieving Sustainable Development Goals ...