Business

Earlier, French Deputy Interior Minister Laurent Nunez said that at least 700 people had been detained in Paris during the Yellow Vests protests against rising fuel prices last Saturday. The AFP news agency put the number of detainees at 950. French Finance Minister Bruno Le Maire has argued that the ...

  ABU DHABI: India and the United Arab Emirates on Tuesday signed a currency swap agreement to boost investment and enable direct trade without using dollars or other international currencies. The swap is for 2 billion dirhams or 35 billion Indian rupees ($496 million), depending on which central bank requests ...

DUBAI: Emirates revealed a diamond emblazoned plane, Timeout Dubai reported. While the actual picture has not yet been aired, a mock-up image created by artist Sarah Shakeel was shared by the airline last night. The picture shows a dazzling plane parked under a starlit sky, which gives us just a ...

WASHINGTON: US President Donald Trump in a tweet said he agrees with a statement issued by China expressing full confidence that a trade deal between the two countries can be reached within the next 90 days. Statement from China: ‘The teams of both sides are now having smooth communications and good cooperation ...

WASHINGTON: Despite some uncertainty and market volatility, the United States is not likely to see an economic contraction in the near term, IMF chief Christine Lagarde said Thursday. On a day when Wall Street dropped three percent before recovering some ground, Lagarde said “there’s a question mark about growth prospects ...

ZURICH: Nestle has recalled a batch of its Alfamino amino acid specialist infant formula in Germany, saying a number of the products have a substantially increased dose of minerals that could make children sick. “A baby that consumes a product from amongst these few (faulty) tins, can become sick with ...

OTTAWA: A top executive and daughter of the founder of Chinese telecom giant Huawei has been arrested in Canada and faces extradition to the United States, officials said, angering Beijing days into a trade war truce with the US. The detention of Meng Wanzhou, Huawei’s chief financial officer, comes after ...

KARACHI: The World Bank has noted in its report that trade between Pakistan and India could increase to $37 billion from existing only 2 billion dollars if the two South Asian countries ready to reap the benefits of shared land borders. South Asian countries are yet to reap the benefits ...

LONDON: A woman in Brazil who received a womb transplanted from a deceased donor has given birth to a baby girl in the first successful case of its kind, doctors reported. The case, published in The Lancet medical journal, involved connecting veins from the donor uterus with the recipient’s veins, ...

ZURICH: Zurich Insurance is on track to achieve its financial targets for the 2017-2019 period, the Swiss insurer said in a statement on Wednesday ahead of its investor day. “Zurich Insurance Group is fully delivering on its 2017-2019 financial targets, having restored management discipline and efficiency,” the company said. The ...