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    Cathay Pacific to cut workforce and wind up its regional brand

    Cathay Pacific to cut workforce and wind up its regional brand

    21 Oct 2020

    Hong Kong’s Cathay Pacific Airways said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a...

    Economy plunges 31.4% in spring but big rebound expected in Q3

    Economy plunges 31.4% in spring but big rebound expected in Q3

    30 Sep 2020

    The US economy plunged at an unprecedented rate this spring and even with a record rebound expected in the just-ended third quarter, the US economy will likely shrink this year,...

    France delays launch of $118b plan for virus-stricken economy

    France delays launch of $118b plan for virus-stricken economy

    22 Aug 2020

    The French government said on Saturday that it will unveil a week later than originally planned a 100-billion-euro ($118 billion) plan to nurse its coronavirus-stricken economy back to health. ...

    Gold slips as dollar firms, virus fears limit losses

    Gold slips as dollar firms, virus fears limit losses

    20 Jul 2020

    Gold prices edged lower on Monday due to a stronger U.S. dollar, but worries over a surge in coronavirus cases and its impact on the global economy kept the safe-haven...

    Aramco completes its acquisition of a 70% stake in SABIC

    Aramco completes its acquisition of a 70% stake in SABIC

    18 Jun 2020

    Aramco on Wednesday announced the successful completion of its share acquisition of a 70 per cent stake in Saudi Basic Industries Corporation, SABIC, from the Public Investment Fund, PIF, the...

    Abu Dhabi real estate transactions up by 34 per cent at Dhs6.3 billion

    Abu Dhabi real estate transactions up by 34 per cent at Dhs6.3 billion

    22 May 2020

    Gulf Today, Business Bureau Statistics released by the Department of Municipalities and Transport on Thursday revealed that the value of real estate transactions in Abu Dhabi has been increased...

    RBI announces Rs10,000 crore purchase of govt securities

    RBI announces Rs10,000 crore purchase of govt securities

    19 Mar 2020

    The Reserve Bank of India (RBI) announced it would purchase government securities worth Rs10,000 crore through open market operations in a bid to increase liquidity and enhance confidence in the...

    2 Muslim men from Texas say American Airlines profiled them

    2 Muslim men from Texas say American Airlines profiled them

    21 Sep 2019

    Two Muslim men from Texas say American Airlines profiled them and canceled their flight after crew members said they “didn’t feel comfortable” flying with the pair. Abderraoof Alkhawaldeh and Issam...

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