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Bloomberg US job openings fell to a five-month low in November while still exceeding the number of unemployed Americans by almost 1 million, data consistent with a tight job market. The number of positions waiting to be filled fell by 243,000 to 6.89 million, from a revised 7.13 million in the prior month, according to the Job Openings and Labor ...

Bloomberg When CBS Corp board members go to Los Angeles for their January 31 meeting, they’ll have more on the agenda than just a tour of the local TV studios. The 11-member panel is expected to discuss both the hunt for a permanent chief executive officer and the possibility of a merger with Viacom Inc, according to people familiar with ...

Bloomberg PG&E Corp’s financial woes have spiralled into a crisis of confidence on Wall Street and beyond after fallout from deadly wildfires hobbled the company’s credit rating and eviscerated more than $16 billion of market value. The embattled California power giant’s bonds were among the biggest decliners in the high-yield market. Protesters interrupted a California Public Utilities Commission meeting in ...

ABU DHABI / WAM Abu Dhabi Sustainability Week (ADSW) on Wednesday launched the #WeAreCommitted campaign, calling on the global community to pledge their support to sustainability. The online campaign has brought together Sheikhs, government ministers, amba-ssadors, business leaders, and young innovators to share their commitments. According to economic analysis, tackling sustainability-related challenges could save the global economy up to $30 ...

DUBAI / Emirates Business Startup funding across Mena region witnessed a strong growth in 2018 with record number of transactions, according to a report released by Magnitt — leading data platform tracking the region’s startup ecosystem. The 2018 Mena Venture Investment Report — which provides an in depth analysis of startup funding across the Middle East and North Africa — ...

ABU DHABI / WAM The Abu Dhabi’s nominal gross domestic product (GDP) amou- nted to AED692.8 billion in the first nine months of 2018, 14 percent up from AED 608 billion during the corresponding period of 2017, according to the Statistics Centre- Abu Dhabi (SCAD). Driven by an economic upturn across oil and non-oil sectors alike, the nine-month GDP accounts ...

Bloomberg The Trump administration wrapped up the latest round of trade talks in Beijing, noting a commitment by China to buy more US agricultural goods, energy and manufactured items. China and the US concluded three days of talks on Wednesday with a cautious sense of optimism that the world’s two biggest economies might be able to reach a deal that ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, stated that the UAE, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, prioritises the quality of life of its citizens, while its government has prioritised housing and is achieving sustainability in this vital ...

Abu Dhabi / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, stressed that the UAE applies the highest standards to reduce the negative impact of climate change. “Addressing issues of climate change is a top priority for the UAE government and sustainable development is the way forward to preserve resources for ...

ABU DHABI / WAM The number of Standard Container handling by Abu Dhabi Ports increased last year by 24%, to reach 1.74 million containers, compared to 1.4 million in 2017, according to the latest statistics. The statistics reflect the company’s commitment to achieving economic diversification in Abu Dhabi, through the development of non-oil sectors and the use of innovation in ...