Page 37 - Manager Index News Today

Middle Eastern stock markets closed mixed on Monday, with indexes in the United Arab Emirates and Saudi Arabia logging monthly gains amid rising oil prices and improving business activity in their non-oil sectors.

Major Gulf stock markets were mixed in early trade on Monday, with indexes in the United Arab Emirates and Saudi Arabia set for monthly gains amid rising oil prices and signs of economic recovery.

Columbia, MD (PRWEB) May 29, 2021 -- The National Association of Credit Management’s Credit Managers’ Index for May remains firmly in expansion and a sign of

MPC Observations: • Recovery across global economies was amid widespread vaccination, easing of restrictions, reopening of economies and gradual return to international travel. However, Indian and Brazil have continued to battle high levels of infections and fatalities, resulting from mutating strains of COVID-19

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The pre-market trend on the U.S.Futures Index suggests that Wall Street might open positive on Friday.Asian shares climbed higher, while European shares are

“The fallout from Covid-19 is still being felt across the market. However, there are pockets of activity emerging, with the technology-media-telecoms sector being notably active, mirroring trends in other major global markets,” Faisal Durrani, head of Middle East research at Knight Frank, said. “The increased level of activity stems from rising nationwide business confidence, driven by the world-leading vaccine roll-out programme that is allowing a semblance of normality to return.” The...

Companies in desperate hunt for aircraft to move cargo Seller’s market means strong bottom lines for airlines, high rates for shippers 0 3,250 11 minutes read A forklift driver repositions an airfreight pallet, in front of a row of air containers and a cargo jet. (Photo: Jim Allen/FreightWaves at DFW Airport) ( Updated May 12, 10:15 P.M. ET with DHL Forwarding details on rail service) The airfreight market is so saturated that companies without precommitments, or the stomach to pay...

Rates Shoot Higher Shipping rates are steadily climbing with demand outstripping supply in many areas. The China and Hong Kong markets are leading the way on price strength, while others are more dynamic. In some cases, prices are even higher than during the PPE rush of spring 2020 when air cargo capacity worldwide contracted more than 40%.  The Baltic Air Freight Indices showed an increase of almost 17% in April from March largely driven by China and Hong Kong exports.  By the end of April, ...

‘Strong’ jump in construction activity as Covid restrictions ease further Construction activity continued to rebound in April according to new figures (Gareth Fuller/PA) UK constructions firms reported a “strong” increase in activity last month as coronavirus restrictions continued to ease, according to new figures. The closely followed IHS Markit/CIPS Purchasing Managers’ Index recorded a score of 61.6 in April, showing a marginal slow-down in growth from its March figure of 61.7. An...

May 7, 2021 at 10:16 am | Published in: Africa, Egypt, News A man counts Egyptian pounds at currency exchange shop in downtown Cairo on 3 November 2016. [KHALED DESOUKI/AFP via Getty Images] May 7, 2021 at 10:16 am Egypts non-oil private sector shrank for a fifth month in April amid a drop in sales and employment, American-British research company, IHS Markit, announced yesterday. IHSs Purchasing Managers Index (PMI) for Egypt stood at 47.7 compared to 48.0 in March , marking the lowest s...