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Bloomberg Britons are enjoying the strongest wage growth since the financial crisis a decade ago as the labour market tightens. Average earnings excluding bonuses continued to increase an annual 3.3 percent in the three months through November and unemployment fell to 4 percent, matching the lowest rate since 1975, the Office for National Statistics said on Tuesday. Separate figures showed ...

Hatta / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, ordered concerned government entities to speed up the execution of projects related to Hatta’s comprehensive development plan, that seeks to turn the city into a key touristic and investment hub that offers all requirements for decent life to ...

Dubai / WAM The Commercial Compliance and Consumer Protection sector in the Department of Economic Development (DED), in Dubai, received 32,650 complaints from consumers and 1,657 from businesses in 2018, as DED continues to enhance communication with different customer groups and encourage them to use its diverse complaint resolution channels. On average, the department received 2,720 complaints a month in ...

Mohammed Jalal Alrayssi Executive Director of WAM The global monitoring and evaluation institutions vary in their forecasts for Dubai’s economic growth rates for 2019 to 2023, but all agree that the Emirate of Dubai has a proactive capacity to absorb and neutralise the negative repercussions of the global economic and trade volatility. “The continued economic activity, which is regularly supported ...

DUBAI / WAM Under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and President of Dubai Health Authority, the 23rd edition of the UAE International Dental Conference and Arab Dental Exhibition – AEEDC Dubai, the largest dental event of its kind in the Menasa region and the second largest in ...

Bloomberg European Union governments disagree over how long they think the UK should delay Brexit, with some pushing for an extension of as much as a year, diplomats said. While some countries think the EU should offer Britain a generous period to negotiate a deal that will win the backing of Parliament, possibly after a second referendum, others oppose a ...

Bloomberg India is considering a plan to transfer cash to farmers to ease their financial burden instead of offering subsidies, people with knowledge of the matter said. Prime Minister Narendra Modi’s government is planning to combine all farm subsidies, including fertiliser costs, and instead pay farmers cash, the people said, asking not to be identified as the discussions aren’t public. ...

Bloomberg At this time of year, Carlos Ghosn would normally be hobnobbing with the global elite at the World Economic Forum in Davos. Instead, he’s languishing in a Tokyo prison. Now the ousted Nissan Motor Co chairman is making a last-ditch effort to win release on bail by pledging to remain in Japan before his trial for alleged financial misconduct. ...

Bloomberg The operation of the World Trade Organization (WTO) may soon stall because of US delays in appointing new judges, Canada’s trade minister said as he prepares to convene another round of reform talks in Davos. Jim Carr, in an interview with Bloomberg’s Kathleen Hays in Tokyo, said the US refusal to appoint judges to the appellate body of the ...

Bloomberg For all the hand-wringing and headlines over the fallout of the US government shutdown, most forecasters still don’t expect it to cause too much pain to the economy so long as it doesn’t endure. Analysts project the government will reopen by mid-February, though if the closure lasts through March, the disruption will cause economic growth to dip below 2 ...