Traders work on the floor of the New York Stock Exchange on Wednesday. Associated Press
Stock markets on both sides of the Atlantic saw hefty losses on Wednesday, gripped by fears for the global economy only a day after enthusiasm over possible detente in an ongoing US-China trade war had given them a dizzying lift. A German GDP contraction in the second quarter, weak Chinese industrial
NEW YORK: Wall Street treaded water on Wednesday after moves in the US bond market brought back fears of a recession as a bruising U.S.-China trade war drags on, while a rise in energy shares offered support.
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
Months of planning have successfully led to the final piece of Al Wasl dome being lifted into place after an intricate and complex construction operation. The dome’s huge steel crown was positioned
DUBAI: The UAE has over $2 billion of investments in Peru’s infrastructure, logistics and energy sectors as the relationship between both countries continues to go from strength to strength.
The Hotel Show Dubai 2019 that started on Tuesday at Dubai World Trade Centre has attracted key hospitality players who have showcased their newer products and offering.