Spain’s economy grows at fastest pace in over a year in Q1

Madrid: Spain’s economy grew faster than expected and at its strongest pace since the end of 2017 in the first quarter on a quarterly basis, preliminary data showed on Tuesday, boosted by domestic demand and slightly stronger exports. Spanish gross domestic product expanded by 0.7 per cent in the January to March period from a […]

Apple rallies as new services offset slump in iPhone sales

San Francisco: Apple said Tuesday that profits in the past quarter dropped amid falling iPhone sales, but the results were above Wall Street expectations and sent shares sharply higher. The California tech giant reported a 16 per cent drop in profits in the just-ended quarter to $11.6 billion (Dh42.6 billion), as overall revenues dipped five […]