$399 for iPhone SE: Apple unveils iPhone 12 mini, new phones come with 5G

DUBAI: Apple announced four iPhone 12 models and two iPhone 12 minis, all of which are 5G-capable. The iPhone 12 and iPhone 12 mini comes in a  new design packed with features, including A14 Bionic, an advanced dual-camera system, and a Super Retina XDR display with the Ceramic Shield front cover. The 5G feature ushers in […]

IMF cuts India’s outlook further as eonomy faces worst emerging markets slump

Washington: India’s economic growth forecast was slashed further by the International Monetary Fund on Tuesday, with the South Asian nation now facing the biggest contraction of major emerging markets in the wake of the coronavirus pandemic. Gross domestic product will shrink 10.3% in the fiscal year to March 2021, the Washington-based lender said in its […]

Pull investments from companies not committed to environment, Pope says

Vatican City:  Pope Francis on Saturday urged people to pull investments from companies that are not committed to protecting the environment, adding his voice to calls for the economic model that emerges from the coronavirus pandemic to be a sustainable one. Francis spoke in a video message for an online event called “Countdown Global Launch, […]

UAE economy to record 1.3% growth in 2021 after contracting 6.6% this year, says IMF

Dubai: The UAE economy will have a 1.3 per cent real GDP growth in 2021 following a 6.6 per cent contraction this year, the IMF says in its latest World Economic Outlook Report. The IMF’s forecast is far more conservative than many other recent ones. Earlier on Tuesday, the Institute of International Finance (IIF), a […]