IMF lifts global growth forecast for 2021, still sees ‘exceptional uncertainty’

The International Monetary Fund on Tuesday raised its forecast for global economic growth in 2021 and said the coronavirus-triggered downturn last year would be nearly a full percentage point less severe than expected. It said multiple vaccine approvals and the launch of vaccinations in some countries in December had boosted hopes of an eventual end […]

Indo-Israel Chambers of Commerce eyes Israel, India, UAE business opportunities

Dubai: The International Federation of the Indo-Israel Chambers of Commerce (IFIICC) is planning to boost India’s strong historical ties with the UAE and Israel as it expects knowledge sharing, strategic partnerships and cultural bonds will help establish business relationships among the three countries. The IFIICC was launched in Dubai last month on the back of […]

AstraZeneca faces EU grilling over delays to vaccine delivery

London:  The European Union will seek on Wednesday to resolve a standoff with AstraZeneca Plc that threatens to keep its vaccination program in the slow lane, trigger a global spat over coronavirus shots, and prolong damaging lockdowns. In a crunch call, officials representing national governments and the European Commission will demand the company meets its […]

7 reasons WealthBrain is the best digital wealth manager for 2021

Global consultancy firm PwC describes the asset and wealth management industry as the bellwether for the overall economy. And thanks to the Covid-19 pandemic it is no longer business as usual in this sector. Investors are naturally anxious. Wealth management companies need to deliver a positive customer experience during such periods of uncertainty. And here […]

YouTube Shorts eyes TikTok competition with 3.5 billion daily views in India

YouTube Shorts – the video-sharing website’s quick clips meant to compete with TikTok – are racking up 3.5 billion views a day during beta testing in India, the platform’s head said Tuesday. Susan Wojcikci explained the feature in a note laying out her 2021 priorities. “So far, videos in our new Shorts player – which […]