BLOOMBERG Stocks in Europe struggled for traction on Thursday as activity surveys showed a recession in the euro area is looking increasingly likely. S&P Global’s purchasing managers’ index was in contraction again in November, hitting 47.1, data showed. While that’s a bigger uptick than anticipated by economists, it marks the sixth consecutive month below the 50 level that indicates expansion. …

ABU DHABI / WAM In a global competition for students and educators that saw hundreds of entries from 43 countries, a five-member student team from GEMS Our Own English High School, Dubai, is among the finalists in the student category. An educator from Cambridge High School, Abu Dhabi, is a top contender in the teacher category. The young people and …

ABU DHABI / WAM The Federal Tax Authority (FTA) has achieved a significant milestone in its tourist tax refund programme, with the total number of electronic transactions surpassing 15.43 million since the system’s implementation nearly five years ago, said Director-General of the FTA. During the first nine months of the current year alone, over 3.44 million transactions were processed, reflecting …