US unemployment rate falls for a second month, now at 11.1%

Washington: The rebound in the US labor market accelerated in June as broader reopenings spurred more hiring last month, though filings for unemployment benefits remained elevated last week as coronavirus cases picked up. Payrolls rose by 4.8 million in June after an upwardly revised 2.7 million gain in the prior month, according to a Labor […]

Dubai Parks to remain closed during summer, opening set for September 23

Dubai: The Dubai Parks & Resorts destination in Jebel Ali will remain closed for summer – the re- opening has now been set for September 23. Annual pass holders will receive an automatic extension, the operator confirmed. This will be for the period during which the destination remained closed, staring from March. In the meantime, […]

Netflix hires black marketing chief amid diversity calls

San Francisco: Netflix has named as its new marketing chief tech industry veteran Bozoma Saint John, who becomes one of the few black women in the top executive ranks in Silicon Valley. Saint John, who has worked at Uber and Apple, will start in August as chief marketing officer at the streaming entertainment giant, it […]

Saudi Arabia extends some relief measures for businesses

Riyadh: Saudi Arabia is extending some private sector stimulus measures that would have expired this month, with the government saying it’s keen to support businesses that are struggling to recover from the effects of the coronavirus pandemic. Among the initiatives extended is a pledge to cover 60 per cent of some Saudi salaries in the private […]