Downturn Archives

Breaking News

[ January 27, 2019 ] The major stock indexes were all up on Friday to mark a fifth straight week of gains Stock Markets
[ January 26, 2019 ] The British pound moved to its highest level since November 2018 Financial & Economic News
[ January 25, 2019 ] Ford mixed Q4 results Stock Markets
[ January 25, 2019 ] China added gold to its foreign reserves Financial & Economic News
[ January 25, 2019 ] Alto aims to disrupt ridesharing industry and challenge Lyft, and Uber In the Spotlight
[ January 24, 2019 ] China’s peer-to-peer lending sector is storming Financial & Economic News
[ January 24, 2019 ] U.S. Federal Reserve is probing Deutsche Bank for potential money laundering Stock Markets
[ January 24, 2019 ] Chinese companies suspected of buying their own bonds Financial & Economic News
[ January 24, 2019 ] Bank of Japan held interest rates steady Financial & Economic News
[ January 24, 2019 ] China expected to become top retail market this year Financial & Economic News
[ January 24, 2019 ] European Private Equity firms are racing to reach $100bn in AUM Financial & Economic News
[ January 24, 2019 ] Venture Capitalists are injecting more capital into industrial technologies Financial & Economic News
[ January 24, 2019 ] Auto-insurance startup Clearcover raises $43M Startups
[ January 24, 2019 ] Kaia Health receives $10M in series A funding Startups
[ January 23, 2019 ] US existing-home sales tumble; price increases slow Financial & Economic News
[ January 23, 2019 ] US bank consolidation will continue Financial & Economic News
[ January 23, 2019 ] Worries about global economy hurt US stocks Financial & Economic News
[ January 23, 2019 ] Nestlé Skin Health valued $7 billion by private equity firms In the Spotlight
[ January 23, 2019 ] The IMF downgraded its global growth forecast Financial & Economic News
[ January 23, 2019 ] Startups tightening belts as investors grow more selective Financial & Economic News

Dubai businesses feel squeeze as economic downturn bites

July 25, 2016 Tristan Van Iersel

Throughout the oil-rich Gulf, the slump in crude prices is forcing governments to slash spending and delay projects, while private companies shed staff and, in some cases, shut down. Financial Times (25/07)