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WTO cuts 2013 trade forecast on protectionist fearThe World Trade Organization slashed its forecast for trade growth in 2013 on Wednesday, saying it feared protectionism was on the increase. It cut its forecast for global trade growth in 2013 to 3.3 percent from 4.5 percent and s More… |
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Qatar lifts 2013 economic growth forecastQatar on Sunday lifted its forecasts for economic growth and inflation next year, saying a decline in oil and gas output was now expected to be less than originally thought. Gross domestic produ More… |
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Airline passenger numbers to hit 3.6bn a yearAirlines expect to carry some 3.6 billion passengers in 2016, marking about 800 million more than the 2.8 billion passengers they flew in 2011, said a forecast issued by the International Air Transport Association (Iata). The indu More… |
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Global economic slowdown deepensThe IMF said the global economic slowdown is worsening as it cut its growth forecasts for the second time since April and warned US and European policymakers that failure to fix their economic ills would prolong the slump. More… |
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Brent 'could average below $100 in 2013'An increasing number of forecasters expect Brent crude to average less than $100 a barrel next year because of downward pressure from Europe's debt crisis, a slowdown in Chinese economic growth and hopes for a resolution of the Iranian nuclear More… |
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World Bank cuts China growth forecastThe World Bank cut its economic growth forecast for China this year to 8.2 per cent from 8.4 per cent on Wednesday and urged the country to rely on easier fiscal policy that boosts consumption rather than state investment to lift activity. More… |
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Air Arabia Q1 net up 11.7pc; beats forecastsUAE budget carrier Air Arabia said quarterly net profit rose 11.7 per cent, beating analysts' forecasts, as a hike in fuel costs was offset by a rise in number of passengers seeking low-cost flying options. Air Arabia earned a net prof More… |
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Emaar Q1 net surges 44pc, beats forecastDubai's Emaar Properties reported a 44 per cent rise in first-quarter profit on Saturday, beating analysts' forecasts, as the developer shifted away from the battered property market and booked gains in its retail and hospitality operation More… |
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Opec leaves 2012 oil demand steadyOpec left its forecast for world oil demand growth in 2012 unchanged for a second month, saying there were signs that a slowdown in global economic activity is easing. In a monthly report on Thursday, the Organisation of the Petroleum Expo More… |
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WTO sees trade growth falling to 3.7pc in 2012World trade growth will slow for a second year to 3.7 per cent in 2012 but "severe" downside risks could drive it further below the 20-year average of 5.4 per cent, the World Trade Organisation forecast on Thursday. Trade growth slowed to More… |
