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Washington / AFP US employers defied a global slowdown and pumped up hiring in February, fending off worries about financial market turmoil and the oil industry crash. The Labour Department reported that companies and government authorities added a much better-than-expected 242,000 jobs last month, and the figures for the previous two months were revised higher. Steady growth in consumer spending ...

BLOOMBERG Amazon.com Inc. is dialing back on the security built into its tablets. Bad timing. The Web retailer decided late last year to remove the ability to encrypt data stored on its Fire tablets, a few months before a battle erupted between Apple Inc. and the FBI over the decryption of information locked in a terrorist’s iPhone. As a result, ...

Bloomberg Slovaks are voting in a general election that looks set to hand a third term to Prime Minister Robert Fico, who’s pledging to raise living standards in the eastern euro-area member and protect its citizens from the European Union’s migrant crisis. Having presided over booming growth, Fico’s Smer party holds a strong lead in opinion polls. His support has ...

Abu Dhabi / WAM The role of cross-border partnerships in the global aviation, aerospace, defence and space sectors will come under the spotlight in Abu Dhabi this month when international leaders from all four industries meet at the Global Aerospace Summit to explore and identify future development strategies. Hosted by Mubadala Development Company, the 2016 Summit, the third in the ...

Athens / AFP EU President Donald Tusk on Thursday issued a stark warning to economic migrants not to come to Europe, as he castigated countries for taking unilateral action to tackle the crisis. On a visit to Greece — on the frontline of Europe’s worst migration crisis since World War II — Tusk told economic migrants it was pointless to ...

Bloomberg Germany is falling woefully short of its target to have one million electric vehicles on the streets by 2020 so it feels the need to do something. Enter the taxpayer: the government is considering a €5,000 ($5,419) incentive to lure would-be buyers. That money could be better spent. Electric vehicles’ share of German sales: 0.4% The industry has a ...

RITIKA SHARMA / Emirates Business Roll, camera and, action. Given the number of Hollywood and Bollywood movies shot here, the world is well aware of the potential and the appeal of the Emirates capital as a hot spot for the film and television industry. Now, authorities recognise that too. Aiming to give a major boost to the Emirati film and ...

Bloomberg Almost 100 million households worldwide may be powered by solar panels by 2020, according to Bloomberg New Energy Finance. The off-grid solar market has grown to $700 million now from non-existent less than a decade ago, according to a report Thursday from the London-based research company and the World Bank Group’s Lighting Global. They expect that to swell to ...

New Delhi / Bloomberg Prime Minister Narendra Modi’s message to OPEC is come and store crude oil in India. Modi’s February 29 budget exempts foreign companies from federal income taxes on permitted local sales of oil kept in caverns India has been building. That may spur the Organization of the Petroleum Exporting Countries to fill the bunkers, allowing Modi to ...

VANCOUVER / Bloomberg Canadian Prime Minister Justin Trudeau is urging global leaders to rely more on government spending and less on monetary policy to spur growth as he prepares a budget that will push his country into deficit. In a wide-ranging interview in Vancouver, Trudeau highlighted the importance of infrastructure spending and measures to bolster incomes of middle classes he ...