Consumers are trying to avoid crowds because of the pandemic and consequently they are flocking online to shop. But actually getting the products that they purchase at hand can become a challenge. According to James Root, senior partner and chairman… Read More ›
A new study by the United Nations released on Wednesday forecast that there will be a stagnation in international tourism arrivals this year, except in some Western markets. That would result in losses of up to $2.4 trillion. The report… Read More ›
According to the results of the European Commission’s monthly sentiment survey for the 19 countries sharing the euro, the economic sentiment among these countries have touched a 21-year-high following an accelerated pace of COVID-19 vaccinations on the back of which… Read More ›
On Wednesday, a group of banks, including Singapore’s DBS and UBS announced plans to create a new way of measuring the impact of environmental and social financing. The group, called Banking for Impact, also includes ABN Amro and Danske Bank;… Read More ›
A report by UNCTAD and the UN’s World Tourism Organization (UNWTO) states, international tourism arrivals are likely to stagnate in 2021, with select Western markets being the exception. The COVID-19 related disruption is likely to cause up to $2.4 trillion… Read More ›
In June, the pace of Chinese factory activity expanded at a moderate pace following an increase in prices of raw materials and disruptions in its export province of Guangdong which affected business activity. China’s official manufacturing Purchasing Manager’s Index (PMI)… Read More ›
ChemChina, Syngenta Group’s owner, aims to raise around $10 billion (65 billion yuan) through an IPO for the Swiss agrichemical giant on Shanghai’s STAR Market, said sources. Syngenta is likely to post the prospectus for the upcoming IPO later today… Read More ›
A new study has shown that unless there is a drop in carbon emissions globally, the lives of up to 410 million people will be threatened from sea level rises as they would be living in areas less than 2… Read More ›
The Bank for International Settlement (BIS)’s annual report claimed on Tuesday that policy makers would find it dauntingly challenging to recalibrate the fiscal and monetary stimulus because of an uneven global recovery from the Ccovid-19 crisis. The BIS predicted its… Read More ›
Costs for Chinese consumers are likely not to experience a surge despite a recent increase in producer prices in the country, according to JPMorgan Private Bank’s Alex Wolf. “We don’t see (producer inflation) really going into consumer prices. They’ve risen… Read More ›
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