Chinese retail sales rose in August for the first time since the coronavirus pandemic struck, data showed Tuesday, as officials try to kickstart the crucial domestic consumer sector to fuel recovery in the world's number-two economy.Full Story
The National Bank of Dubai, the largest banking group in the emirate, signed a memorandum of understanding Monday with Israel's Bank Hapoalim, on the eve of the UAE-Israel normalization accord signing.
"It is a great honor to be the first bank to sign such an agreement that will contribute to the establishment of the relationship between the two countries," Bank Hapoalim’s CEO, Dov Kotler, said in a statement issued by NBD.Full Story
European stock markets were close to flat Monday but Wall Street enjoyed positive midday trading, buoyed by coronavirus vaccine hopes and big-ticket deals.Full Story
The total number of passenger flights in Europe will plummet by more than expected this year as countries fail to coordinate policy on air travel during a pandemic, Eurocontrol said on Monday.Full Story
Ahead of a deadline set by President Donald Trump over video sharing app TikTok, Washington officials will evaluate a bid that could see U.S. tech giant Oracle become a partner to a Chinese company that has been called a national security risk.Full Story
The moment a deal normalizing ties between the United Arab Emirates and Israel was announced, the head of a Tel Aviv technology organisation received dozens of LinkedIn invitations from Emiratis.Full Story
The criminal trial against Japanese automaker Nissan and its former executive Greg Kelly will open in Tokyo District Court on Tuesday. It's the latest chapter in the unfolding scandal of Carlos Ghosn, a superstar at Nissan Motor Co. until he and Kelly were arrested in late 2018.
Five questions and answers about the trial:Full Story
The lengthy saga of ex-Nissan chief Carlos Ghosn takes a new turn next week when the auto titan-turned-fugitive's former assistant Greg Kelly goes on trial in Tokyo.Full Story
The British economy continued to recover in July, expanding by 6.6 percent, a slower pace of growth than in June when the country emerged from its virus lockdown, official data showed on Friday.Full Story