Abu Dhabi will slash the cost of establishing new businesses by  “more than 90 percent” from Tuesday to increase the  “competitiveness regionally and internationally” of the emirate, already a magnet for commerce.

Financial markets kicked off the week with fresh volatility on Monday, as Asian stocks tumbled, bitcoin soared and the dollar retreated.

US Treasury Secretary Janet Yellen urged lawmakers on Friday to increase or suspend the nation’s debt limit as soon as possible and warned that if Congress does not act by August 2 the Treasury Department would need to take “extraordinary measures” to prevent a US default. 

Profits at Indian conglomerate Reliance Industries dropped sharply between April and June this year, the company said Friday, as Asia’s third-largest economy battled a vicious second wave of Covid-19.

AstraZeneca Plc is  “scouring” its global supply chain to try and boost Covid-19 vaccine supplies to Thailand and Southeast Asia, its representative for the country said on Saturday, amidst speculations of local production shortfalls.

Chinese tech giant Tencent must relinquish its exclusive music label rights, the market regulator said Saturday, after finding that the firm had violated antitrust laws.

Crypto broker CoinBurp has no authorisation for a planned launch of its $BURP token and initial exchange offering on Monday, July 26, Britain’s Financial Conduct Authority (FCA) said on Sunday in the latest crack down on crypto trading. 

The British government will be exposed to financial risks from its 372-billion-pound pandemic spending for decades, according to lawmakers’ reports on Sunday that also said more than 2 billion pounds had been spent on unusable protective equipment.

The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and inflation risk, insurer Swiss Re AG’s chief Americas economist said on Friday.

The US Trade Representative’s office on Friday said it had determined that no tariff action against Vietnam was warranted after its central bank agreed with the US Treasury not to manipulate its currency for an export advantage. 

A new worldwide wave of Covid-19. Natural disasters in China and Germany. A cyber-attack targeting key South African ports.

Uber driver Mae Cee scoffs at the notion, touted by the global ride-share service, that she and her peers are self-employed contractors -- and that most of them are happy with the arrangement.

The Taliban say they don’t want to monopolize power, but they insist there won’t be peace in Afghanistan until there is a new negotiated government in Kabul and President Ashraf Ghani is removed.

A drubbing in world equity markets and a huge flight to safety into US Treasuries this week suggests investors now doubt that a much-anticipated return to post-Covid normality is feasible any time soon.

The International Monetary Fund's No. 2 official called on countries to pivot from saving their economies from collapse to reviving growth-oriented policy reforms to boost their recovery prospects and make them more sustainable.

Businesses in Kolkata's New Market, other shopping outlets and budget hotels have been struggling to survive through the pandemic as Coronavirus-induced lockdown and ban on flights, passenger train and bus movement have kept the Bangladeshi shoppers at bay ahead of the Eid festivals.

The proportion of women on the board at 200 of Britain’s top financial firms has risen to nearly a third in the five years since the government launched an initiative to improve gender balance in the sector, a report on Monday said. 

With its foreign exchange reserves hitting $608.99 billion as on June 25, India has emerged as the fifth largest foreign exchange reserve holder in the world after China, Japan, Switzerland and Russia, parliament was told yesterday.

Inflation in Sudan has jumped to more than 400 percent, state media reported on Sunday amid popular discontent over rising prices after a series of IMF-backed economic reforms.

Ford Motor said on Friday it was recalling about 775,000 Ford Explorer SUVs worldwide for a steering issue linked to reports of six injuries in North America.