Annual Investment Meeting 2023 highlights opportunities to stimulate FDI flow and boost economic growth
The Annual Investment Meeting (AIM Global 2023), one of the world’s largest investment platforms, will be hosted for the first time in Abu Dhabi from 8- 10 May, 2023, in collaboration with the Ministry of Industry & Advanced Technologies, and the Abu Dhabi Department of Economic Development (ADDED) as a lead partner.
OPEC+ oil supply cuts could tip world into recession, IEA says
A decision by the OPEC+ oil producer group last week to rein in output has driven up prices and could push the global economy into recession, the International Energy Agency said on Thursday.
UK labour market exodus drives jobless rate down to 3.5%
Britain reported a record jump in the number of people leaving the labour market in the three months to August, adding to the Bank of England’s inflation headaches.
Exclusive: Flurry of new rules leave Turkish banks struggling to lend
Some Turkish banks are curtailing corporate lending after the government’s latest raft of regulations raised their costs and forced many to cut their balance sheet risks, five banking and private sector sources told Reuters.
Buy now, pay later firm Zip to raise fees amid surging inflation
Australian buy now, pay later company Zip Co Ltd (ZIP.AX) said on Wednesday it would raise fees for customers and merchants, as it tries to weather an onslaught from soaring inflation and rising interest rates on its business.
UK unemployment hits 48-year low, pushing up pay
Britain’s jobless rate hit a 48-year low in the first three months of 2022 and employers paid bigger bonuses to keep or attract staff, according to data that added to bets by investors on further Bank of England interest rate hikes.
Euro zone business growth lost more momentum in Jan as Omicron hit demand
Euro zone economic growth lost more momentum in January as the bloc’s dominant services industry suffered from subdued demand amid tighter restrictions to contain the Omicron coronavirus variant, a survey showed.
Turbulent January could bode poorly for rest of year for U.S. stocks
2022 is off to a turbulent start for U.S. stocks.
Analysis: Investors worry about hawkish Fed hurting growth, even theorize over next recession
Laser-focused on how aggressive the Federal Reserve will be in tightening policy, some U.S. investors and strategists are starting to worry about what may seem a distant threat: a sharp economic slowdown or even the next recession.
Analysis: After another stunning U.S. stock market year, investors wonder how much gas is left
The U.S. stock market is set to deliver a three-peat of stellar annual returns, but chances of a similar performance in 2022 may be threatened by a more hawkish Federal Reserve, slowing earnings growth and a relentless pandemic.
