SE Asian logistics company Ninja Van secures $274 mn in funding
Its list of investors include Zamrud, Carmenta Capital Management, GxH Investment among others...
Tag : recession
UN releases framework to lift economies, save jobs
The UN calls for an scale-up of international support and political commitment to ensure access to essential services and social protection...
Covid-19 could result in 400,000 jobs losses in UAE’s aviation industry
IATA believes job losses in the UAE’s aviation industry will be the highest compared to other Gulf nations...
Saudi Arabia hosts digital G20 business chief meeting
The leaders discussed strategies for the post-pandemic period...
Global CEOs prepare for a U-shaped recession, says survey
Around 3534 CEOs participated in the survey from 109 countries...
2020: Recession proof your business
It is hard to predict a recession and its outcome, but nevertheless businesses can be prepared for it...
Dollar dips on trade optimism as US-China talks are awaited
The dollar sagged on Monday as investor demand for the safe-haven currency receded on optimism over a reduction in US-China trade tensions...
Central Bank of Nigeria released US$210mn to relieve dollar crunch
The Central Bank was “ready to inject funds into the market, whenever and wherever necessary, in order to maintain market stability as well as sustain the financial system,” the statement reads...
Nigeria hampered by fiscal indiscipline and large-scale corruption
Necessitates reduction of incentives for fiscal indiscipline at subnational government level...
Next US president may have to deal with recession
WSJ survey reveals odds of a recession within next 12 months is about 21% IFM Correspondent October 24, 2016: Only a few weeks is left before the US chooses its 45th president. Historically, every US president elected till date has faced a recession or a recession-like scenario. A Wall Street Journal survey in June of...