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Stocks slide amid technology sell-off; Brexit spurs pound

Bloomberg Stocks declined globally on Monday amid a technology sell-off and as investors braced for a week packed with risk events, from central bank decisions to a G-20 gathering. Government bonds also fell, while the pound jumped on a Brexit breakthrough. US stock slumped as tech companies were roiled by weekend reports of a Facebook Inc. data breach and Apple ...

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Weakening FANG stocks stir overnight volatility in US equity futures

Bloomberg A steady weakening in US equity futures snowballed into one of the biggest drops in a month for Nasdaq 100 contracts, as pre-market trading revealed losses of around 1.5 percent in Apple Inc., Facebook Inc., Alphabet and Amazon.com. Facebook was in the spotlight as government officials in the US and Europe were demanding answers from the company after reports ...

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UAE ministry implements part-time contract system

Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation has begun implementing a new system that will allow establishments to hire employees from both inside and outside the country on part-time contracts. The system will allow employees, both UAE nationals and foreign workers, to work in first and second level skilled jobs for more than one employer, after ...

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