Emergency measures can quickly cut global oil demand by 2.7 million barrels a day, said the International Energy Agency (IEA) in a new report, unveiling a 10-point plan to reduce the risk of a damaging supply crunch.
As a result of the Russian-Ukraine crisis, the expected increases in energy and commodity prices and tighter financial conditions may impair growth, potentially creating a stagflationary environment in the short term.
Pandemic outbreak, followed by business interruption and cyber incidents, is the biggest concern for companies in the hospitality, leisure and tourism industry, according to the Allianz Risk Barometer 2022.
Commodity prices are on a tear as Russia’s invasion of Ukraine roils markets, with foodstuffs skyrocketing, metals setting records and energy in the throes of the largest crisis since the 1973 oil embargo, a report said.
The brief for the homes of tomorrow has changed with the new era being driven by hybrid lifestyles and working cities, says a CallisonRTKL report.
The UAE’s newly announced federal corporate tax will be beneficial for the domestic real estate sector in the long run even though it could portend a marginal negative impact in the short term, says a report.
While the hospitality industry is taking important strides to address gender equality, only 26% of senior leadership positions are currently occupied by women. A group of women leaders here offers insight on how women can develop careers in hospitality.
Elon Musk’s calls for increasing oil and gas output in the wake of the Ukraine invasion will not deter investors from positioning their portfolios towards renewable energy, says Nigel Green, Chief Executive and Founder of deVere Group.
Privacy is now mission-critical for organisations worldwide, according to a new study by Cisco, which showed that privacy investment continues to rise and organizations see a high return on investments from privacy spending.
Commodities, with a few exceptions, have rallied strongly since Russia attacked Ukraine, thereby triggering a change in the market from worrying about tight supply to actually seeing supply disappear, says an industry expert.
