Dubai / WAM National Media Council (NMC) announced a series of events to support the ‘National Reading Strategy’, which is scheduled to go on until the year 2026. This is in tune with the Council’s strategic role as a federal authority mandated to support national events in terms of media and content. The NMC’s mandate includes setting media policies that …

  Bloomberg Costco Wholesale Corp. fell the most in almost 15 months after posting disappointing quarterly earnings, a sign its warehouse-club model may be less durable than expected in a shaky retail economy. Earnings were $1.17 a share in the fiscal second quarter, the Issaquah, Washington-based company said. Analysts had predicted $1.36 a share, according to data compiled by Bloomberg. …

  Bloomberg Boeing Co. is shrinking its Seattle-area workforce by at least 1,800 jobs this year as the company streamlines operations in a brutally competitive commercial-aircraft market. The planemaker approved voluntary layoffs for 1,500 mechanics, according to a person familiar with the situation who asked not to be named because it hasn’t been made public. Another 305 engineers and technical …