ABU DHABI / WAM The President of the 74th session of the UN General Assembly, Tijjani Muhammad-Bande, emphasised that the UAE is a global role model in sustainable development, in light of its significant global efforts in sharing renewable energy solutions across the world. He praised its continued support to the organisation’s programmes, especially at the humanitarian and development levels. …

Bloomberg Jerome Powell was an early adopter of the view that US unemployment could fall further than thought, but back then didn’t parlay that insight into a more dovish stance on interest rates. Transcripts of Fed meetings in 2014 showed then-governor and now-Chairman Powell was already among the most optimistic Fed officials about how many Americans could be drawn back …

Bloomberg Canadian Imperial Bank of Commerce hired former Conservative Party lawmaker Lisa Raitt as a vice-chair for global investment banking. Raitt joins CIBC on January 27 and will focus on developing and fostering senior-level client relationships and business development globally for CIBC’s capital markets division, the Toronto-based bank said in a statement. She’ll be based in Toronto. “Lisa’s experience leading …