Davos: When British yachtswoman Ellen MacArthur was promoting the idea of the circular economy on the sidelines of Davos in 2012, the big attraction was curiosity about what she was up to after her sailing career. Eight years on, MacArthur’s vision is taking hold at the World Economic Forum’s annual gathering, and firms such as […]
Davos, Switzerland: US Treasury Secretary Steven Mnuchin says Swedish climate activist Greta Thunberg is in no position to give economic advice until she’s gone to college and come out with an economics degree. At a press briefing at the World Economic Forum in the Swiss town of Davos, Mnuchin took a swipe at the 17-year-old […]
Davos: Philanthropic capital and how best to deploy it for maximum social impact was the focus of Davos 2020 high-level meeting held on Wednesday entitled, ‘Stakeholders for a Cohesive and Sustainable World: The Role of Philanthropy in Emerging Economies’, at the World Economic Forum in Davos, Switzerland. Discussion leaders comprised of Sheikha Bodour bint Sultan […]
New Delhi: Telecom major Bharti Airtel on Wednesday entered into a partnership with global money transfer company Western Union to launch real-time payments into bank accounts in India and mobile wallets across Africa. “Collaborating with Western Union on these two flagship initiatives in both India and Africa reflects Bharti Airtel’s keen commitment to transform the […]
There should be a clear policy to monitor the under the Freezones enclave and the repatriation of the profits they make. 3. CONTROL …
Saudi statement debunks Indian media reports.
Abu Dhabi: Consumer prices declined by 0.8 per cent in 2019 compared with 2018 according to the latest Consumer Price Index (CPI) report of the Statistics Centre — Abu Dhabi (SCAD). According to the report, CPI in 2019 averaged 110.7 points, down 0.8 per cent from 111.6 points compared to the previous year. Comparison of […]
Tokyo. Toyota Motor Corp. had its credit outlook lowered by Moody’s Investors Service, showing even the world’s most valuable carmaker isn’t safe from turmoil in the industry. The outlook was changed to negative from stable, Moody’s said Thursday in a statement as it affirmed its Aa3 rating for the company — the fourth-highest level. The […]
The Italian dynasty behind Nutella is poised to get a 642 million euro ($714 million) dividend from their main holding company, regulatory filings show. The firm reported profit of 928.6 million euros for the fiscal year ended in August, up more than a quarter from the previous 12 months. Payouts of this magnitude have helped […]
At a Tuesday dinner that Donald Trump held with business executives, Siemens AG Chief Executive Officer Joe Kaeser said he told the US president he had three things to say: a compliment, a request, and a wish. The compliment was on how Trump has spurred US Economic growth. The request was for Siemens to be […]