UK shop prices dip for first time in nearly three years, survey shows
Prices in large retail chains were the subject of the BRC survey from August 1 to August 7...
Tag : prices
Russian gas major Gazprom’s profits soar five fold to $3.8 billion
Second-quarter net profit jumped to the current amount from $708 million in the year-earlier period...
India registers over 50% growth in sale of real estate space in FY 2018
Homebuyers prefer bigger, established real estate brands that have a proven track record of delivery...
Oil price slopes upwards while volatility remains unchanged. What’s next?
After a period of slumping, energy professionals are expecting prices to increase to about $55-60 per barrel in 2017 and $60-65 per barrel in 2018, closing the decade around $70...
New $1.485 billion package to support Iraq
Expected to help counter cost of war, low oil prices...
China’s service sector expands at a rapid pace
Findings of survey by financial information service provider Markit IFM Correspondent November 3, 2016: China’s services sector grew at the strongest pace in four months up to October as new business picked up, encouraging companies to hire more workers, a private survey showed. The Caixin China General Services PMI (Purchasing Managers’ Index) came in at...
Saudi, Russia to work together on oil prices
Price of oil jumps 5% September 6, 2016: The price of oil jumped by 5% after Russia and Saudi Arabia discussed ways to stabilise oil prices on the sidelines of the G20 summit in China. Both countries said they will not act immediately but could limit output in the future. The joint statement was signed...
Saudi Arabia mulling over income tax on expats
However, economists do not think the plan will see the light of the day Suparna Goswami Bhattacharya July 15, 2016: With an eye on increasing its non-oil revenue, Saudi Arabia is considering a plan to tax millions of expats residing in the Kingdom. The proposal was included in the country’s National Transformation Plan (NTP), an...
Post-Brexit, Middle East property investors eyeing UK
Deterioration in the value of the pound sterling has reduced property prices in London Suparna Goswami Bhattacharya July 6, 2016: Britain’s historic decision to leave the EU has sparked a period of volatility across the world’s financial markets. The pound sank to multi year lows against the dollar. David Cameron’s decision to step down has...
Indian aviation market to be third largest by 2020
Suparna Goswami Bhattacharya Main drivers for now are low fuel price, expanding middle class and high GDP growth June 8, 2016: The Indian aviation market is flying high. It is set to become the third largest in the world by 2020. With 81 million trips, the domestic market grew at about 19% during the 12...