Local airlines had to increase air fares to compensate for the impact of the currency devaluation and the rise in oil prices. The calamitous … In four-star category, an average price of Rs 6,555 in Delhi and Rs 7,010 in Mumbai were still competitive …

The Africa cluster saw revenue growth of less than 1% to AED2.8 billion, with performance mainly impacted by competitive pressure in Cote d'Ivoire and currency devaluation in Sudan, while Asia Cluster revenue increased three-fold to AED6.3 billion, …

The moves come amid heightened tensions between grocers and suppliers in an increasingly competitive food retail landscape that is being crowded by expanding U.S. discount giants. The competition has forced retailers to lower prices, squeezing their …

Evidence clearly suggests the London property market is attracting safe haven funds from global investors seeking reprieve from a post financial-crisis world where the competitive devaluation of currencies, prolonged low interest rates, unorthodox …

The currency declined further in Monday trading, but a ruble that is losing value is a great prop for struggling local manufacturers, which now find themselves more competitive with Western imports. Besides, oil prices that edged up about $2 a barrel …

Any financial help from the IMF for the country of 46 million is likely to come with tough conditions, including demands for budget cuts, structural reforms and a devaluation of the currency to make the economy more competitive. The IMF would also …

The currency declined further in Monday trading, but a ruble that is losing value is a great prop for struggling local manufacturers, which now find themselves more competitive with Western imports. Besides, oil prices that edged up about $2 a barrel …

… of consumption, growing protectionism (including competitive devaluation in Japan), declining real incomes, income polarization, declining union memberships, high unemployment, and downward pressure on federal, state and local government spending.

Capespan pointed out that its international entities made up approximately 44 per cent of its operating costs and these (costs) increased when converted into South African Rand, due to the devaluation of the local currency during the year. “The balance …