Here’s a story about the US economy that more people are telling these days. Since the 1980s, antitrust enforcement has gotten weaker. As a result, a few big companies have managed to capture a much bigger share of the market in various industries. Technology may have helped too, by letting big companies spread their geographic reach, and by creating network ...

Bloomberg The dollar slipped and Treasuries rose as traders shifted focus from North Korea to a week packed with central-bank decisions, Federal Reserve speakers and economic data that will help illuminate the path of the global economy. The S&P 500 fell after a six-day rally as US markets reopened following the Labor Day holiday. The Stoxx Europe 600 Index traded ...

Reuters Kuwait’s stock market outperformed on Tuesday as it reopened after Eid al-Adha holidays, while Abu Dhabi-listed Dana Gas continued surging on the back of a deal to obtain payments from Iraqi Kurdistan. The Kuwaiti index climbed 0.4 percent. Many investors hope index compiler FTSE will decide at the end of this month to upgrade Kuwait to secondary emerging market ...

Dubai / WAM Dubai-based master developer Nakheel is gearing up to unveil a diverse range of projects, with a collective value of collectively more than AED3.2 billion, at Cityscape Global 2017 next week, with the launch of six new residential, retail and hospitality developments at four of its communities in Dubai, including its world-famous flagship master development, Palm Jumeirah. The ...

Dubai / WAM The Roads and Transport Authority (RTA) has revealed that the total number of passengers lifted by public transport and taxicabs in Dubai during Eid al-Adha holiday has topped 5,454,714. “The RTA has lifted 5,454,714 passengers during Eid al-Adha holiday, where the number of Metro riders reached 1,829,356 passengers; with 1,177,502 passengers carried on the Red Line compared ...

Abu Dhabi / WAM A total of 561 cyberattacks against government, semi-government and private sector entities in the UAE were foiled by the Telecommunications Regulations Authority during the first half of the year, according to TRA statistics. The attacks stymied during the first six months of the year account for 53% of total offensive maneuvers foiled throughout 2016, which reflects ...

Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) and TUI Group brought a group of travel and tourism journalists from the Ukraine to the UAE capital to highlight Abu Dhabi’s leisure attractions to the Ukrainian market. TUI Group, one of the leading tour advisors in the region, liaised with TCA Abu Dhabi in promoting ...

Dubai / Emirates Business Dubai Land Department (DLD) announced its support for ‘Cityscape Global 2017’, the 16th edition of the region’s premier real estate event. During the three-day exhibition, which will take place from September 11-13 at the Dubai World Trade Center, DLD will be connecting with visitors to introduce them to the latest real estate services at platform SHA10 ...

Ras Al Khaimah / Emirates Business Ras Al Khaimah Economic Zone (RAKEZ) announces its sponsorship of the 3rd annual Free Trade and Special Economic Zone Summit set to take place from September 13-14 in Shanghai Marriott Hotel City Centre, China. The two-day event is one of the major international business summits, which is expected to gather over 300 senior executives ...

Dubai / WAM NMC Health announced that it has been promoted to the UK’s leading FTSE 100 index. The company has emerged as the first Middle Eastern company to be listed on the prestigious index, which is made up of the top 100 companies listed on the London Stock Exchange with the highest market capitalisation, indicating strong results and a ...