Germany narrowly avoids recession with zero growth in fourth quarter

BERLIN: Germany’s economy stalled in the final quarter of last year, just skirting recession as fallout from global trade disputes and Brexit put the brakes on a decade of expansion amid signs that exports will stay subdued for the time being. Gross domestic product in Europe’s biggest economy was unchanged for the quarter, the Federal […]

Dubai retailers revel in Chinese festive period

Dubai: First it was the British. Then it was the Russians. Now, the retailers of Dubai are increasingly keen on wooing Chinese shoppers, a trend best visualised through the widespread decorations put up around the city for Chinese New Year. The push, largely driven by the government as it forges ever closer ties to China, […]