The IMF’s latest World Economic Outlook (WEO) sees the global economy in a “synchronized slowdown” and weakened by rising trade barriers and increasing geopolitical tensions. “The global outlook remains precarious, with a synchronized slowdown and an uncertain recovery. At 3 percent growth, there is no room for policy mistakes and an urgent need for policymakers […]
Record first half-year sales top 1.25 million, up 0.8% Best-ever June for BMW: sales up 1.4% to total 203,523 BMW brand sales up 1.6% in year to date: 1,075,959 delivered BMW i3 sales increase 21.2% in first half-year Significant customer interest in new MINI ELECTRIC “Positive impact of our model roll-out is clear” BMW Group […]
The influential French-language magazine ranks Marie-Chantal Kaninda in 14th place among African women involved in public service. The cover page of the May 2019 edition of Forbes Afrique, and a mosaic of 36 of the individuals that it named as Africa’s 100 most influential women. WDC Executive Director Marie-Chantal Kaninda appears on the far right […]
… its largest monthly increase in seven years Holdings in global gold-backed ETFs and similar products rose sharply in June by 127 tonnes (t) to 2,548t – equivalent to US$5.5bn in inflows – as geopolitical uncertainty increased and central banks signalled a shift to a more accommodative policy over the coming months. This drove rates […]
Deliveries to customers by market June 18 June 19 Change (%) Jan – June 18 Jan – June 19 Change (%) Europe 187,300 168,600 -10.0% 967,000 922,000 -4.7% Western Europe 160,600 145,200 -9.6% 827,000 790,100 -4.5% Germany 55,200 55,700 +1.0% 299,000 292,500 -2.2% Central and Eastern Europe 26,700 23,400 -12.1% 140,000 131,900 -5.7% Russia 8,900 […]
• SEAT is making enhancements to its range of vehicles to improve the attractiveness and usability of its range • The updates will add new convenience features, safety technologies, a wider choice of trims and fresh colour options SEAT is bolstering its vehicle line-up with a host of model year changes in order to improve […]
Strong growth in China – Macan and Cayenne lead the way Porsche AG delivered 133,484 vehicles worldwide in the first half of 2019, recording a two per cent increase compared with the same period in 2018. 41,725 Cayenne were delivered, marking the strongest model growth with a rise of 45 per cent. The model has […]
UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT The full potential of European Union free trade agreements (FTAs) remains untapped to the tune of almost 72 billion euros ($89 billion), UNCTAD and the National Board of Trade Sweden say in a new report. This is the amount that European exporters overpaid because they did not take […]
The Tacy Diamond Pipeline, which has provided an independent and unbiased view of the diamond pipeline since 1989 and serves as a guidepost and benchmark of industry value addition, will henceforth be published by Pharos Beam Consulting LLP in India. The Tacy Pipeline pioneered the concept of counting every diamond only once and […]
Al Qasemi honours participants in ADFCA’s ‘Year of Giving’ initiative Caption: SIAL Middle East records business deals worth AED4.6 billion Organisers of SIAL Middle East have confirmed that deals worth AED4.6billion were recorded at the 8th edition of the three day exhibition, boosted by an increase in participants which attracted more than 26,000 […]
