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Amazon becomes most valuable firm

Bloomberg Amazon.com Inc surpassed Microsoft Corp to become the world’s largest public company on Monday, in the latest example of the list of Wall Street’s biggest names being reordered. Shares of the e-commerce company rose 3.4 percent, a rally that gave it a market capitalisation of $797 billion, according to Bloomberg data. While this is down from Amazon’s record market ...

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Airports fretting over screener absences over ‘shutdown’

Bloomberg With screeners already calling in sick in larger-than-normal numbers, US airports are girding for disruptions next week if the partial government shutdown continues and Transportation Security Administration (TSA) officers miss their first paycheck. The airport security officers are caught in the political fight in Washington between President Donald Trump and congressional Democrats over money for a wall along the ...

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Sheikh Mohammed approves DIFC’s new expansion plan

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai said that Dubai is working towards cementing its position as a pivotal economic and commercial hub for the region in line with the fifty-year charter announced by His Highness that aims to ensure Dubai’s sustained prosperity ...

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