This photo is used for illustrative purpose.
The number of Americans filing for unemployment benefits surged by the most since 2012 to a 2-1/2-year high last week, as companies in the services sectors laid off workers because of the coronavirus pandemic.
Nearly 3 million laid-off workers applied for US unemployment benefits last week as the viral outbreak led more companies to slash jobs.
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.
US job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage the Federal Reserve to cut interest rates this month.
The Department of Statistics and Community Development (DSCD) in Sharjah has announced the launch of its annual economic survey project 2020 which will collect economic performance data across the entire spectrum of industries
First Abu Dhabi Bank (FAB) has reported its financial results for the first half period ended 30th June 2021. First half 2021 Group net profit was Dhs5.4 billion, an 11 per cent increase year-on-year. The Group recorded a net profit of Dhs2.9 billion
Certara, a global leader in biosimulation, on Wednesday announced that Mubadala Investment Company (Mubadala) has made an approximately $250 million investment in Certara. The investment aligns with Mubadala’s strategy of