The International Monetary Fund has once again cut the world economic outlook. In the latest quarterly update the IMF put global growth at 3.2% this year, down from January's more optimistic projection of 3.4% In Washington Kevin McAleese reports...
IMF slashes global growth outlook, warns against 'derailing recovery'
More from Business News
-
OPEC+ agrees another accelerated oil output hike for June
Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike for June of 411,000 barrels per day, two sources told Reuters while an online meeting of the countries was under way.
-
UAE and Greece in talks to enhance partnership
The UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), Dr. Sultan bin Ahmed Al Jaber, visited Greece as the two countries enhance their comprehensive partnership.
-
TECOM Group sees solid start to 2025
TECOM Group has kicked off 2025 with strong results, reporting a 21 per cent jump in revenue to AED 680 million for the first quarter.
-
Emirates chairman discusses collaboration with PayPal leadership team
Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, held talks with President of Global Markets at PayPal, Suzan Kereere, to collaborate within the dynamic digital payments landscape.
On Virgin Radio today
-
Virgin Radio Weekend
11:00am - 7:00pm
Playing 10 hits in a row every hour, all weekend!
-
Trending on Virgin Radio
-
If Craig David had a verse on AzizamThe legendary Craig David joins The Kris Fade Show for an unforgettable chat!
-
Jason Derulo on the Kris Fade Show!The super-star and multi-award-winning singer-songwriter, Jason Derulo is bringing the heat to Dubai.
-
Regional Artist Spotlight PodcastHear Maz & James chatting to the featured artists every month with Flash Entertainment.
-
Untold DubaiIt arrived: The UAE's First Mega Music Festival at Expo City Dubai!