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Markets

2,753.29 -0.31%
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132,842,820
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-0.31%
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1,946
12
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4,888.79 -0.07%
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8
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BILDCO
0.48
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Al Salam Bank
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Batelco
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Ooredoo
65.65
FAB
14.26
Al Salam Bank
0.98
Emaar
4.81
Etisalat
16
Al Salam Bank
0.98
Deyaar
0.46
Salama
0.61
Drake & Scull
0.38
Fed’s Beige Book finds pockets of weaker growth - Dotemirates
1 week 5 day

Fed’s Beige Book finds pockets of weaker growth

The Fed’s verdict: Three of the Fed’s 12 districts — St. Louis, Philadelphia and Kansas City— reported weaker growth in August, according to the latest Beige Book report released Wednesday. While the overall U.S. economy expanded at a “moderate pace,” trade concerns and a lack of workers were delaying projects. There were also “some signs of a deceleration” in prices of final goods and services. What happened: Shortages of workers and possible additional trade tariffs continued to be the biggest worries for businesses. Worker shortages spread from trucking and high-skilled sectors to low-skilled sectors like restaurants and retailers. Still, wage...


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34 minute 36 second

PGI’s new campaign celebrates the #Daughters Of Today

Society is constantly evolving and progressing. The expectations we have of each other, the way we relate to one another, we find often ourselves in a state of evolution. At the centre of this is the daughter of today. She’s modern, independent and strong-willed, who in her own unique way, will make the choices she needs to so she can always be the best version of herself and redefine the world around her. Platinum Evara in its Daughter’s Day campaign celebrates this new-age daughter and pays tribute to her rare qualities that drive her to make these rare choices. #DaughtersOfToday...
35 minute 21 second

Acko launches true value for money car and bike Insurance

Acko General Insurance, a new age online insurance provider, has launched the its first auto & bike insurance product - a comprehensive insurance policy that covers against any loss or damage and includes a wide range of add on covers that can be customized by the user. Vehicle owners can buy and renew their auto insurance on acko.com. The newly announced comprehensive car insurance product is true value for money and is defined by killer prices, stress free claims and an easy purchase experience. Launched in Mumbai, NCR (Delhi, Gurgaon, Noida), Pune, Bangalore, Hyderabad, Ahmedabad, Chennai, Kolkata for Car Insurance,...
35 minute 32 second

Danske Bank's money laundering 'giga scandal' spreads to Britain

Danske Bank's money laundering scandal spread on Friday as Britain's National Crime Agency (NCA) said it is investigating the use of UK-registered companies. "This is a giga scandal," European Union Competition Commissioner Margrethe Vestager said, joining a growing chorus of calls for a clampdown on the billions of euros which are alleged to have been "washed" through European banks. An NCA spokeswoman said the British agency was working with partners across government to restrict the ability of criminals to use UK-registered companies in money laundering. British and Russian entities dominate a list of accounts used to make 200 billion euros...

38 minute 41 second

India-spec 2018 Ford Aspire facelift revealed, bookings open

Ford has revealed the India-spec 2018 Aspire facelift and has opened bookings for the updated model. Booking amount for the Aspire facelift is set at Rs 11,000 and we expect prices to start from around Rs 5.5 lakh. The current pre-facelift Aspire starts from Rs 5.72 lakh (ex-showroom Delhi). The official image of the India-spec Aspire facelift reveals the car’s new front-end. The front bumper, the grille and the headlamps have been tweaked on the facelift. The changes are similar to the South Africa-spec, made-in-India Figo sedan facelift, which was revealed in June 2018. The 2018 Aspire facelift will feature...
39 minute 57 second

UAE’s Emirates Global Aluminium cites ‘unfavourable’ conditions for IPO delay

UAE-based Emirates Global Aluminium has delayed its initial public offering (IPO), expected to take place this year, the company confirmed on Sunday. A spokesperson blamed the delay on “unfavourable market conditions”. “It remains our intention to launch an IPO of Emirates Global Aluminium, but as we have always said this is subject to market conditions,” the company said in an e-mailed statement. “Market conditions are not currently favourable, and may not improve until later in 2019. However EGA has completed its preparations and is ready to proceed as soon as market conditions are suitable.” However, a report by Bloomberg cited...
1 hour 1 minute

No place to live: Germany's daunting urban housing market

"It's so frustrating," complains Michiko Park, who works at the Troisdorf women's shelter to help single mothers find rental apartments in and around the western German cities of Cologne and Bonn. Indeed, these days finding affordable housing is a tremendous challenge, especially for single mothers. "Sometimes," Park says, "these moms will get up to five rejections in a single day — that really takes its toll psychologically." Eight mothers and 12 children current live in the shelter. Most of them were victims of domestic violence. Once the women feel they're ready to return to their normal lives, the nerve-wracking flat...