Traders work on the floor of the New York Stock Exchange on Thursday. Associated Press
Taiwan’s export orders contracted for an eighth straight month in June, with global companies increasingly hesitant to make new investments in machinery as the China-US trade war wears on.
European shares extended losses early on Monday from the biggest weekly slump this year as the U.S.-China deadlock quelled hopes that the two largest economies will be able to resolve their trade dispute anytime soon. The STOXX 600 index dropped 0.5 per cent by 0855 GMT to hit 7-month lows.
It was a stark warning about the risks ahead for the global economy, even by the forthright standards of the boss of the Organisation for Economic Co-operation and Development (OECD).
World shares climbed to a six-week high alongside benchmark government bond yields on Friday, as markets cheered signs of progress in US-China trade talks and another powerful slug of stimulus from the European Central Bank.
The Abu Dhabi National Oil Company (Adnoc) signed on Sunday, two framework agreements with Mubadala Investment Company (Mubadala) and Emirates Nuclear Energy Corporation (Enec)
Khalaf Ahmad Al Habtoor - Founding Chairman of the Al Habtoor Group (AHG) - welcomed Shlomi Fogel of Ampa Group, Co-owner, Chairman and CEO - at the AHG headquarters on Al Wasl Road, Dubai.
The European Union (EU) wants to arm itself with new powers to control big technology companies, a newspaper reported on Sunday. The proposed plan includes forcing tech giants to break up or sell some of their European operations
Dubai Chamber of Commerce and Industry (DCCI) has announced the launch of the Dubai Chamber Interview Series, a virtual event series featuring live-one-on-one interviews with prominent local and international business figures from a wide range of industries.