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(Bloomberg) — Business conditions in Dubai improved for the third straight month in September even as a renewed spike in coronavirus cases poses a threat to the city’s recovery.
Non-oil private sector activity in the Middle East’s business hub fared better amid a rise in activity and new business, according to IHS Markit. Its Purchasing Managers’ Index rose to 51.5 last month from 50.9 in August, remaining above the 50 mark that separates contraction from growth.
Dubai business conditions improve amid recovery from coronavirus shock
Employment declined at the slowest in seven months, as business expectations improved slightlyThe pace of new business was faster than in August and demand growth was at a 10-month highA sharp increase in new orders seen in the wholesale and retail sector; construction work experienced “a modest rise”The travel and tourism sector continued to decline, but at the slowest pace since FebruaryExpectations of
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Presented by Capital One
Over the last six months, the way in which consumers have purchased goods has changed tremendously. Many traditional retail establishments have closed their doors, encouraging shoppers to take their business online.
Just how much has online shopping increased in recent months? In the COVID-19 era, ecommerce levels are tracking above average holiday spending with $93.9 billion extra spent online since March, compared to projections from the beginning of the year. In conjunction with this significant increase, online shopping fraud has also spiked, resulting in a staggering $12.67M in losses since January, according to the FTC. These findings beg the question: How can consumers protect themselves against scams in an increasingly ecommerce world?
By building and investing in digital tools like Eno and Capital One Shopping, Capital One is creating a digital banking experience that provides customers with the tools and resources they need to have confidence
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LONDON, Oct. 8, 2020 /PRNewswire/ — Open innovation firm InnoCentive is working with the global housing nonprofit Habitat for Humanity, to capture ideas to improve the quality of homes in low-income areas around the world.
More than 1.6 billion people lack adequate shelter, including families in homes with unsafe foundations, putting those people at risk in the event of an earthquake or typhoon. Habitat for Humanity is seeking innovative and cost-effective ways to retrofit such houses in the Philippines, strengthening the structure to withstand typhoon-force winds and high-magnitude earthquakes of up to 7.2 on the Richter scale.
The challenge – Increasing Resilience to Earthquakes and Typhoons for Homes with no Foundations – will run until Jan. 5, 2021 and contributions will be sought from InnoCentive’s global network of nearly 500,000 expert problem “solvers,” comprised of engineers, PhD students, CEOs, startups, material experts, scientists and business leaders. InnoCentive has