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The stock market’s big buyer is back with $1 trillion to spend

Bloomberg The post-pandemic retail trading frenzy has drawn a lot of credit for driving stock prices to a series of record highs. Yet overlooked is the return of an even bigger force in the equity market: corporate America. From Apple Inc to Bed Bath & Beyond Inc, US companies have announced plans to buy $1.06 trillion of their own shares ...

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UAE issues new law regulating labour relations in private sector

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued the Federal Decree — Law No.33 of 2021 on the regulation of labour relations in the private sector that will take effect from February 2, 2022. The new decree-law seeks to enhance the elasticity, resilience and sustainability of the labour market nationwide, as well as ...

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UAE keen to convey message of peace, tolerance to world

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, has stated that the UAE, represented by its wise leadership and people, is keen to convey its message of peace and tolerance to the entire world. Sheikh Nahyan commended to the UAE’s successful experience, which extends for nearly 50 years. He noted that the homeland ...

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