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DUBAI: Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the IMF said, and she cautioned against spending money on ”white elephant projects”.
DETROIT: Mercedes-Benz has recovered from an initial hit to the image of its diesel vehicles due to the Volkswagen emissions-cheating scandal, Daimler chairman Dieter Zetsche said on Sunday.
NEW YORK: Amid its ongoing restructuring and management shuffle, American International Group Inc. is about to provide some insight into how much it has recovered since it almost collapsed a year ago.
KUALA LUMPUR: A Thai oil tanker reported missing two days ago has been recovered with all of its crew members safe but pirates who hijacked the tanker took its cargo and damaged communications gear, the International Maritime Bureau (IMB) said on Monday.
THE stock market is where wealth is created to reflect the value of earnings or assets built up by public listed companies, a fact that might be forgotten now that penny stocks are popular again.
Analysts believe Hong Kong has emerged from the recession it slipped into during the SARS epidemic, and ordinary people are starting to voice optimism after months of gloom.
WASHINGTON: The U.S. Department of Justice on Tuesday said it has repatriated another $300 million to Malaysia in recovered money misappropriated from 1MalaysiaDevelopment Berhad, or 1MDB, the country's sovereign wealth fund.
LONDON: The Bordeaux wine market confirmed its recovery in 2016 after five years of declines that cut prices of the region’s leading wines by more than 40% from their 2011 peak, according to a review from the London-based Liv-ex exchange.
SINGAPORE: Singapore faces an “enormous challenge” to figure out how to allow foreign workers who have recovered from the coronavirus to go back to work safely, while also giving them suitable accommodation.