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Global consumer confidence improves in Q1Global consumer confidence rose in the first quarter, with a marked increase in sentiment in the US, Japan and northern Europe, a survey showed on Wednesday. Indonesia overtook India as the most optimistic consumer market globally More… |
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Military spending up 8pc in Mena regionMilitary spending increased by around 8 percent in the Middle East and North Africa (Mena region) last year, while global arms spending dropped for the first time in more than a decade. In Mena, More… |
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Global economy muted again in 2013: pollThis year now looks unlikely to deliver much improvement in the world economy's growth rate, with a weaker outlook for Europe and the US tempering the cautious optimism that was evident in January. More… |
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Growth hopes: CEO confidence fallingChief executives are less optimistic about short-term growth prospects for their companies than a year ago, according to a survey that offers a reality check on rising stock markets. Business le More… |
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Global gets full backing for restructuringKuwait's Global Investment House said on Wednesday it had secured the full backing of its creditors for its $1.7 billion restructuring plan. The investment company and asset manager, undergo More… |
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Global food prices stable but still highGlobal food prices remained stable, though close to 2008 record levels, the World Bank said on Thursday, as it warned that a "new norm" of costlier food was setting in and threatening to increase hunger and malnutriti More… |
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Global seeks shareholder nod for delistingKuwait's Global Investment House will ask shareholders to approve delisting its shares from the bourse after failing to secure a regulatory waiver needed to implement its restructuring plan, it said on Monday. More… |
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Shale oil will impact on supply admits OpecOpec has acknowledged for the first time that technology for extracting oil and gas from shale is changing the global supply picture significantly, and said demand for crude would rise more slowly than it had previously expecte More… |
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Climate change 'could kill 100 million by 2030'More than 100 million people will die and global economic growth will be cut by 3.2 percent of gross domestic product (GDP) by 2030 if the world fails to tackle climate change, a report commissioned by 20 governments said on We More… |
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Appetite stays strong for Saudi IPOsSaudi Arabia's market for initial public offers of shares has been the strongest in the Gulf for the last two years, and with the fifth new listing of 2012 coming up next week, analysts expect a bullish reception despite weak global equity mar More… |
