November 19, 2018

US manufacturing production increases

WASHINGTON: US manufacturing output rose for a fifth straight month in October, shrugging off a sharp drop in motor vehicle production and suggesting underlying strength in factory activity despite growing headwinds that are expected to slow the sector in 2019.
The Federal Reserve"...

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November 19, 2018

Passive investing makes whirlwinds on Wall Street

The rise of passive investing on Wall Street has concentrated stock market action in the final moments of the trading day — exacerbating steep, last-minute nosedives in stock values with increasing frequency. Analysts say the trend could leave markets exposed to greater volatility"...

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November 19, 2018

Apec leaders divided after US and China spat

Leaders from 21 Asia-Pacific nations failed to bridge gaping divisions at a summit overshadowed by a war of words over the US and China as they vie for influence in the region.
For the first time in the history of the Apec grouping, leaders were unable to agree on a formal written"...

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November 19, 2018

Abu Dhabi to host 5th International Trade Development Week...

(WAM) -- Abu Dhabi will host the 5th International Trade Development Week.

The annual conference, which is organised by the Ministry of Economy, will be launched by Sultan bin Saeed Al Mansouri, Minister of Economy,"...

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November 18, 2018

Iceland to Send ISK 100 Million in Aid to Yemen

The Ministry of Foreign Affairs will be devoting ISK 100 million [$814,600, €713,273] to the crisis in Yemen, RUV reports. The funds will be equally divided between the United Nations’ World Food Program and UNICEF, both of which are currently offering support services in the"...

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November 18, 2018

Invest in Sharjah increases business prospects with EU investors...

LONDON, 17th November, 2018 (WAM) -- The Sharjah FDI Office (Invest in Sharjah), the investment promotion agency dedicated to the continued transformation and economic diversification of Sharjah, has successfully eyed increased business opportunities with 80 industry experts and businesses"...

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November 18, 2018

Telstra: Capital Planning & Delivery Named PMO of the...

Today, Project Management Institute (PMI), the world’s leading association for the project, program and portfolio management profession, announced that Telstra: Capital Planning & Delivery (Melbourne, Australia) has been awarded the 2018 PMO of the Year Award. In 2012, Telstra created the Capital Planning and Delivery (CP&D) function as a dedicated capability within the Finance and Strategy organization. Their purpose was clear – support the annual capital investment allocation, prioritization, and planning processes......

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November 18, 2018

IDC Sets Up “IDC SAMEA” (Southwest Asia, Middle...

At the request of several customers who are in advanced stages of discussion with the company and want it to have a strong local presence, International Dispensing Corporation (IDC; IDND) has established IDC SAMEA (Southwest Asia, Middle East, Africa), a regional office based in Dubai."...

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November 17, 2018

Bankrupt Sears wins court approval to sell stores

NEW YORK: Sears Holdings Corp won US bankruptcy court approval on Thursday to move forward with plans to stay in business and sell itself, even as it continues to evaluate offers to liquidate its business.
The 125-year-old retailer, which filed for Chapter 11 bankruptcy last month,"...

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November 17, 2018

Promoth Manghat Receives the Prestigious Arabian Business...

Promoth Manghat, Executive Director at Finablr and Group CEO of UAE Exchange, was awarded with the Arabian Business Achievement Award 2018 at the Waldorf Astoria in Dubai in recognition for his business achievements in the financial industry and his pivotal role in the growth of Finablr"...

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