Business Recorder

Maria Grazia Chiuri named creative director at Fendi

ROME: Italian designer Maria Grazia Chiuri was named Tuesday as the new chief creative officer at Rome-based luxury brand ...
Business Recorder

Aurangzeb sees staff deal on $1.2bn IMF payout this week

IMF mission left Pakistan last week without signing staff level agreement on 2nd review of Washington-based lender's $7bn ...
Business Recorder

AI investment boom may lead to bust, but not likely systemic crisis, IMF chief economist says

WASHINGTON: The U.S. artificial intelligence investment boom may be followed by a dot-com-style bust, but it is ...
Business Recorder

Oil falls more than 2% on US-China trade tensions and IEA report

LONDON: Oil prices fell by more than 2% on Tuesday as trade tensions flared between the U.S. and China, the world’s two ...
Business Recorder

IMF raises India’s growth forecast for 2025/26 despite US tariff hikes

NEW DELHI: The International Monetary Fund (IMF) has raised India’s growth forecast by 0.2 percentage points to 6.6% for the ...