Swedish bamboo toothbrush shows allure of sustainable investing

Stockholm: A company in Sweden has doubled sales in a year by selling a $5 toothbrush and has attracted investments despite donating a slice of the profits to charity. The Humble Co., which is headquartered in Stockholm, started making environmentally-friendly oral hygiene products after its founder, then 22-year-old dentist student Noel Abdayem, saw a way […]

Saudi unemployment falls to 3-year low while expat exodus slows

Riyadh: Saudi Arabia’s citizen unemployment rate fell to the lowest in more than three years as the kingdom’s non-oil economy gradually recovers from a slowdown. Joblessness slipped to 12 per cent in the third quarter from 12.3 per cent in the previous three months, according to data published on Sunday by the official General Authority […]

US-India Business Council supports Abu Dhabi energy conclave

NEW DELHI: The US-India Business Council, USIBC, has announced its support for the Atlantic Council Global Energy Forum to be held in Abu Dhabi next month. This will bring India into the ambit of the premier international gathering of government, industry and thought leaders in the sphere of energy for the fourth year in a […]

US, China mini-deal offers ‘breathing space’ for Chinese economy

BEIJING: A truce in the US-China trade war offers Xi Jinping breathing space as he faces a slowing economy and political trouble in Hong Kong, but experts warn 2020 will be another tough year for the Chinese president. The pared-down “phase one” deal announced Friday includes a reduction in US tariffs on China, in exchange […]

Ras Al Khaimah: Calling women entrepreneurs

The thought of becoming an entrepreneur never crossed Elena Agaragimova’s mind until she came to the Emirates. Having worked with several organisations in the US, the talent development specialist decided to take the plunge to launch her own business in 2019. As the founder of Agar Global Services, a training and development firm, she joins […]

World economy haunted by risk just got a double shot in the arm

Hong Kong: Two of the biggest hurdles constraining the world economy have just been cleared. Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020 on a firmer footing after the US and China struck a partial trade deal and outlook for […]