The US Federal Reserve is meeting to decide whether or not to raise interest rates for the first time in nearly a decade. The markets are not expecting a rate rise, given uncertainty over the severity of the global downturn. Despite a reasonable recovery in jobs, inflation is remaining stubbornly low, dragged down by the impact of a strong dollar. Experts say US Federal Reserve Chair Janet Yellen has an increasingly difficult task projecting how the Fed will move forward.
Australian delivery workers set to gain minimum pay in landmark deal
Australian food delivery workers are on course to gain minimum pay levels after Uber Eats and DoorDash struck a deal with the country's transport union that is being hailed as a world first.
Dubai Airshow 2025 attracts over AED741.8 billion in deals
The 19th edition of the Dubai Airshow has set a historic record with deals surpassing AED741.8 billion ($202 billion), achieving double the AED370.9 billion ($101 billion) secured at its 18th edition in 2023.
Sheikh Hamdan, Sheikh Theyab attend EGA’s 50th anniversary celebration
Emirates Global Aluminium (EGA) is marking its 50th anniversary and a decade since the merger of Emirates Aluminium and Dubai Aluminium that created the company.
UAE President chairs ADNOC board meeting at Habshan Complex
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual ADNOC Board meeting at the Habshan complex in Abu Dhabi, a strategic hub for the company’s onshore operations and home to one of the world’s largest gas-processing facilities.
Canada, India agree to restart trade talks
Canada and India have agreed to restart stalled talks for a new trade deal, Prime Minister Narendra Modi's office said on Sunday, after discussions between the two countries paused following a diplomatic spat two years ago.
