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Walmart shoppers get new holiday offers. Its staff, not so much

Bloomberg Walmart Inc. is rolling out the red carpet for shoppers during the Black Friday holiday weekend, doling out everything from deep discounts to free coffee and cookies. Its legions of store employees, though, won’t see anything special this year. Despite an extremely tight labour market, recent wage hikes by rivals and concerns that the historically frugal retailer will seek ...

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Deal signed to strengthen UAE-Hungary cooperation

ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry signed a Memorandum of Understanding (MoU), with the Hungarian Chamber of Commerce and Industry. The MoU was signed during their meeting at the headquarters of the chamber. The MoU affirms the commitment of both sides to reinforce the economic and commercial cooperation between the UAE and Hungary, through ...

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Opec considers 2019 oil production cuts

Bloomberg The wind changed again in the oil market as Organization of Petroleum Exporting Countries (Opec) signalled it will consider a return to cutting output next year, potentially making the second production U-turn this year. With the US midterm elections over and crude futures wilting in the face of another historic shale oil surge, the cartel will discuss a change ...

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