People buy clothes in a store in Beijing on Wednesday. Agence France-Presse
LONDON: Fresh trade war fears weighed on global stocks on Wednesday before a US Federal Reserve meeting, with the dollar holding firm and Britain›s pound subdued on growing fears of a no-deal Brexit. Combative warnings from US President Donald Trump cast a shadow over Sino-U.S. trade talks, which concluded
European stocks and US equity futures were higher on Wednesday after a report fuelled optimism about progress in US-China trade talks, offsetting disappointment about the size of potential US interest rate cuts. Global shares had opened weaker after comments by Federal Reserve Chairman Jerome Powell and St. Louis
It is unfortunate that the US-China trade war has entered a new phase at a time when the global growth itself remains shaky. Indications that negotiations would resume some time
Virgin Australia Group went into voluntary administration in late April as the global aviation industry came to a halt amid international border closures designed to slow the spread of coronavirus.
Nationwide said its measure of house prices fell by 1.7% last month from April, the biggest decline since February 2009. In annual terms, prices rose by 1.8%, slowing from 3.7% in April.
Under the directives of Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and General Supervisor of the Dubai:
The Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of Abu Dhabi Ports and the Middle East’s largest industrial zone, broke ground for a new dedicated Truck Plaza, comprising refuelling and rest facilities with the Industrial Zone.