DPA Washington The official US unemployment rate for June dropped to 11.1 percent from a previous 13.3 percent, beating market expectations, the Bureau of Labor Statistics reported on Thursday. Some 4.8 million jobs were added in ..
AFP London Strict quarantine measures imposed by African and Middle Eastern nations are preventing the travel industry from getting back off the ground, threatening further losses and bankruptcies, the International Air ..
Tribune News Network Doha S&P Global Ratings has announced that it has reaffirmed its stable outlook on Commercial Bank of Qatar, a short-term rating of A-2, and a long-term rating of BBB+. In a statement, S&P said, “The ratings on ..
AFP London Equities rose on Thursday as investors cheered encouraging news about progress towards a coronavirus vaccine and a solid recovery in US employment. The US economy regained 4.8 million jobs in June as businesses began to ..
AFP Mumbai India has opened up its vast railway sector to private companies, allowing firms to operate trains on certain routes, in a bid to boost its stuttering, virus-hit economy. The 167-year-old train network carries 20 million ..
Tribune news network Doha PwC Middle East and Strategy&, part of the PwC network, has welcomed 22 newly promoted partners across the region, effective from July 1, 2020, the firm said in a statement on Thursday. The partners have been ..
AFP Brussels An international group of consumer groups and NGOs denounced Google’s bid for sports smartwatch-maker Fitbit Thursday, saying it would threaten privacy and grant the search giant unfair access to a new market. ..
AFP Washington The coronavirus pandemic caused the US trade deficit to widen in May as both exports and imports fell, the Commerce Department said on Thursday. The rise in the deficit to $54.6 billion was worse than expected and came ..