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| BoE warns of EU crisis storm |
| Bank of England Governor Mervyn King said officials have prepared for dangers posed by Europe’s debt crisis, after the bank lowered growth forecasts and raised predictions for inflation this year. |
| Indian rupee hits all-time low |
| The Indian rupee plummeted to an all time low on Wednesday to 54.46 rupees to the dollar, or up to Rs14.81 to the dirham, breaching its previous record low of 54.39 struck on December 15. |
| UAE-Italy trade rises 20% in Q1 |
| Trade between the UAE and Italy trade grew 20 per cent in the first quarter of the year, as the total size of bilateral trade rose to $5 billion in the past year. |
| GCC ministers of commerce hold 45th meet |
| Empower posts 30% rise in hotel customers |
| Biz Talk |
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| Weakness to plague euro zone economy |
| The euro zone economy might return to weak growth in the second half of the year but unemployment looks certain to rise past its current 15-year high, according to a Reuters poll of 70 economists. |
| Technology |
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| A leisurely stroll could energise your cellphone |
| Charging your cellphone by taking a leisurely stroll might not be all that utopian but something of a working reality in the near future—thanks to a wafer-thin device embedded in the sole of your shoe. |
