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 Middle East’s biggest aviation event, the Dubai Airshow 2019, opened on Sunday. The show draws major commercial and military firms from around the world, as well as smaller manufacturers competing for business.
Sanad Aerotech (Sanad), a wholly owned subsidiary of Mubadala Investment Company (Mubadala) and a leading engine Maintenance, Repair and Overhaul (MRO) solutions provider, has signed a Dhs 500 million landmark agreement with GE
The Mazda 3 was awarded the Supreme Award for the Women’s World Car of the Year (WWCOTY) at the Dubai International Motor Show in the presence of Founder of WWCOTY, Sandy Myhre from New Zealand and the GCC Jury Shereen Shabnam.
The Ministry of Health and Prevention, MoHAP, and the Department of Economic Development — Ajman (Ajman DED), agreed upon enhancing the electronic connectivity in the field of licensing private medical and pharmaceutical facilities,