London: The Bank of England may have to cut interest rates even if the UK avoids a no-deal Brexit, according to policymaker Michael Saunders. Saunders’s remarks are a sharp departure for someone who was previously considered the most hawkish member of the Monetary Policy Committee. His argument is that Brexit uncertainties are likely to continue […]

WASHINGTON: US consumer spending barely rose in August and business investment remained weak, suggesting the economy was losing momentum as trade tensions linger. Still, the reports on Friday from the Commerce Department likely do not signal a recession is looming as consumer spending remains supported by solid income growth, thanks to the lowest unemployment rate […]

Tokyo: Toyota Motor Corp is raising its stake in Subaru Corp to at least 20 per cent, the Nikkei newspaper reported, without identifying where it got the information. Japan’s No. 1 carmaker already owns about 17 per cent of the maker of Legacy and Outback wagons, having built its stake since first making an investment […]

Modi told world leaders in his speech that India’s “voice against terrorism to alert the world about its evil rings with seriousness and outrage.”

Modi told world leaders that India’s “voice against terrorism to alert the world about its evil rings with seriousness and outrage.”

NCM had earlier forecast convective rain clouds.

Despite an age requirement, Dana’s determination and persistence took her to Nasa.

Hazzaa will interact with UAE leaders and citizens.

100 million visits targeted by 2030, needs $67 billion investments.

The team did their first video conference call shortly after with the UAE, Russian and American space officials, as well as their families.