Browsing: Business
The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, has welcomed the creation of a new Food Shock Window in order to help countries address food insecurity in the future. “A new Food Shock Window has been
India’s priorities as incoming President of the Group of Twenty (G-20) will be inclusive, equitable, and sustainable growth, LiFE (Lifestyle For Environment), women’s empowerment, and the development of digital public infrastructure, according to the Indian Ministry of External Affairs. According
The World Intellectual Property Organization has ranked India 40th in its Global Innovation Index. It is an impressive leap of 41 places in seven years. Prime Minister Narendra Modi stated in a tweet that innovation is a buzzword in India.
Amazon Inc has announced that its warehouse and transportation workers will receive an average starting wage of more than $19 per hour, a significant increase in pay from the previous hourly rate of $18. A wage hike would help the
Over the past eight years, Egypt’s natural gas export revenues have increased 13-fold, according to a report released by the Cabinet’s Information and Decision Support Centre (IDSC). According to the report, Egypt’s natural gas and liquefied natural gas (LNG) export
In the three months following the implementation of a bilateral Comprehensive Economic Partnership Agreement (CEPA), India’s non-oil exports to the UAE increased five-fold compared with India’s non-petroleum exports worldwide. Last night, the Indian Ministry of Commerce and Industry released the
The share price of Volkswagen hovered around breakeven on Monday, reflecting a mixed response from investors to the automaker’s plans to list sports car brand Porsche AG in what could be Europe’s third biggest IPO. According to Reuters, Volkswagen wants
There was a notable rise in oil prices on Monday. This was due to a weaker dollar and supply concerns ahead of the European Union’s embargo on Russian oil in December. This offset fears of a global recession that could
Annual inflation in the euro area increased from 8.9% in July to 9.1% in August 2022. The rate was 3.0% a year earlier. In August 2022, the annual inflation rate in the European Union was 10.1%, up from 9.8% in
The government’s spokesperson said on Friday Tunisia hopes to reach an agreement with the International Monetary Fund by the end of October, following a wage agreement with unions. A 5% wage increase for the public sector was agreed upon on
