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SMEs in the country look to an ‘e-future’

  RITIKA SHARMA / Emirates Business As the Small and Medium Enterprise (SME) industry takes center-stage in the economy of the UAE, entrepreneurs are looking for fresh territories to venture into and start their businesses. According to a recent report that accessed the industries explored by budding entrepreneurs in the GCC region, Finance and Technology (Fintech) and e-commerce have emerged ...

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Important to see if weak jobs were anomaly: Fed’s Rosengren

  Bloomberg Federal Reserve Bank of Boston President Eric Rosengren said he expects U.S. economic conditions to continue improving, making further rate increases appropriate, although it will be important to see whether a weak employment report for May proves to be an anomaly. “Lately the economic data have been choppy,” Rosengren said in the text of a speech prepared for ...

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US economy projected to expand this year by least since 2012

  Bloomberg Economic growth will slacken in 2016 to its slowest pace in four years as uncertainty about the presidential election weighs on the outlook, according to a survey of forecasters by the National Association for Business Economics. They see gross domestic product expanding 1.9 percent this year on a fourth quarter-to- fourth quarter basis. That’s down from a projected ...

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