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economy

Italy debt soars
Business & Finance

Italy debt soars

ROME: Italy’s public debt soared last year, rising more than 20 percentage points as the coronavirus pandemic...
Updated 02 Mar, 2021 09:44am
‘Energy sector’
Opinion

‘Energy sector’

This is apropos a Business Recorder op-ed “Energy sector” carried by the newspaper on Saturday. The writer,...
Published 14 Feb, 2021 03:49am
UK economy suffers record 9.9% slump in 2020 after COVID-19 hit
World

UK economy suffers record 9.9% slump in 2020 after COVID-19 hit

  • Britain’s coronavirus-ravaged economy slumped by 9.9% in 2020, the biggest annual crash in output in more than 300 years, but it avoided heading back towards recession at the end of last year and looks to be on course for a recovery in 2021.
  • Britain’s economy grew 1.2% in December alone, after a 2.3% fall in output in November when there was a partial lockdown, leaving output 6.3% lower than in February before the start of the pandemic, the Office for National Statistics said.
Published 12 Feb, 2021 03:46pm
‘Mission Economy’
Opinion

‘Mission Economy’

‘The bungled response of the government to the pandemic – from the failure to enforce lockdown early enough to...
Updated 05 Feb, 2021 11:48pm
Japanese shares gain
Markets

Japanese shares gain

TOKYO: Japanese shares rose on Monday, erasing early losses, led by tech and pharma stocks as US futures rose on...
Published 26 Jan, 2021 05:05am