BEIJING: US Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world’s two largest economies try to iron out an agreement to resolve their trade dispute. “So far, so good,” he said when asked by reporters on how the meetings in Beijing went. He did not say who he met. […]
Paris: The woes keep mounting for Carlos Ghosn. Renault’s board voted unanimously Wednesday to cancel tens of millions of euros in compensation that he was set to receive as its chairman and chief executive, days after the French carmaker notified judicial authorities that he may have misused company money. Also Wednesday, the embattled executive hired […]
Paris: France’s unemployment rate fell unexpectedly at the end of last year to its lowest level since the start of 2009, data published by the INSEE national statistics office on Thursday showed. The jobless rate fell to 8.8 per cent from 9.1 per cent in the previous quarter, the lowest level since the first quarter […]
“It was a sensitive mission, yet very essential. It was very hard, yet the spirit of the soldiers made it tangible.”
BEIJING: China’s trade surplus with the US narrowed in January even as its American imports continued to plunge, official data released on Thursday showed, as officials from the world’s top two economies sat down for crucial trade talks in Beijing. China’s exports across the Pacific fell more than 2 per cent in January from a […]
Mumbai: The board of Jet Airways Ltd has approved a plan by its lenders to resolve a near Rs85 billion (Dh4.41 billion, $1.19 billion) funding gap, which will make them the largest shareholders of India’s biggest full-service carrier, Jet said on Thursday. Jet, saddled with over $1 billion in debt, had a rough 2018 as […]
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE More…
Emirates airline today announced an order for 40 A330-900 aircraft, and 30 A350-900 aircraft, in a heads of agreement More…
Abu Dhabi: The Tawazun Economic Council on Wednesday announced the launch of its Defence and Security Development Fund with capital of Dh2.5 billion ($680 million). A statement from Tawazun, the government agency responsible for economic diversification efforts, said the fund will “unveil key financing and investment programmes” at IDEX 2019, which starts on Sunday. Tareq […]
Alex Ferguson hailed Eric Harrison as one of the “greatest coaches of our time” after the former Manchester United More…