Zimbabwe should adopt rand after ‘miracle of failure’

Johannesburg: Zimbabwe should adopt South Africa’s rand as its currency, one of a series of fundamental reforms needed to restore economic stability in the country, former Finance Minister Tendai Biti said. His call is an endorsement of government efforts to link Zimbabwe’s economy to neighbouring South Africa’s currency as it grapples with a foreign-exchange shortage […]

Fatal flaws: Here’s why UAE SMEs fail

If you’ve done your homework and launched your start-up to be fully-aligned to market conditions, then hopefully you’ll never need to consider it, but failure is a real risk for many entrepreneurs so it pays to be aware of worst-case scenarios. We spoke to two experts in about why businesses in the UAE might fail […]

China upbeat on US trade talks but South China Sea tensions weigh

Beijing: China struck an upbeat note on Monday as trade talks resumed with the United States, but also expressed anger at a US Navy mission through the disputed South China Sea, casting a shadow over the prospect for improved Beijing-Washington ties. The United States is expected to keep pressing China on long-standing demands that it […]

UK signs post-Brexit trade continuity deal with Switzerland

London: The UK reached an agreement with Switzerland that will allow it to continue trade without any additional tariffs after it leaves the European Union. The deal means the nations can avoid having to trade under World Trade Organisation terms, and eliminates duties on most goods traded between the UK and Switzerland, according to a […]