Recent Posts

Abu Dhabi Municipality to bolster cooperation with partners

Abu Dhabi / WAM The Abu Dhabi City Municipality (ADM), launched ‘Initiate 360’ aimed to bolster cooperation with partners as regards the implementation of Abu Dhabi Safety and Occupational Health System and ensuring the compliance with the required stipulations and standards at building and construction sites. This initiative is an episode of elective compliance and self-monitoring on the part of ...

Read More »

Tech leads stocks lower; dollar drops with yields

Bloomberg A slide in technology shares sent most US equities lower, while Europe’s benchmark rose and Asian shares extended a losing streak as traders turned their focus to the outlook for monetary policy amid lingering worries for global trade. Chipmakers extended their slide as Goldman and Stifel downgraded several US peers amid mounting industry concerns. Telecom stocks were also among ...

Read More »

Crypto’s 80 percent plunge worse than dot.com crash

Bloomberg The Great Crypto Crash of 2018 looks more and more like one for the record books. As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent. The tumble has now surpassed the Nasdaq Composite Index’s 78 percent peak-to-trough decline after the dot-com bubble burst ...

Read More »
Send this to a friend