Officials during the event.
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
For the first time since the Great Recession a decade ago, the US Federal Reserve is poised to cut interest rates, shoring up America’s defenses as the global economy weakens.
The Abu Dhabi Securities Exchange (ADX), region’s leading financial market, recently hosted the French Business Group delegation during which the operational framework, vision, mission, and investment opportunities at ADX were highlighted. Abdul Aziz Al Neaimi, Assistant Chief Executive of ADX,
Japan’s economic growth unexpectedly accelerated in January-March, driven by net contributions from exports and defying forecasts for a contraction in the world’s third-largest economy. However, the surprise expansion was mostly caused by imports declining faster than exports, likely reflecting weak domestic demand,
India cut corporate tax rates on Friday in a surprise move designed to woo manufacturers, revive private investment and lift growth from a six-year low that has led to major job losses and fueled discontent in the countryside.
The 6th Annual Arab Future Cities Summit highlighted the region’s rapid development to become a global leader in smart cities, with Dubai being at the forefront of this transformation.
Amazon.com Chief Executive Officer Jeff Bezos pledged to make the largest US e-commerce company net carbon neutral by 2040 and to buy 100,000 electric delivery vans from a start-up, as employees and consumers