Bloomberg Joe Biden’s tax hike proposals will deal a blow to corporate earnings growth next year, Goldman Sachs Group Inc. strategists warned, highlighting a headwind for US equities following a rally that has pushed prices to record highs. The US president wants to raise corporate income tax to 28% and set a 21% minimum levy on global corporate earnings. The ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched ‘100 Million Meals’ campaign to provide food parcels for families and people in need across 20 countries during the Holy Month of Ramadan. Launched as an expansion from last year’s locally-held ’10 Million Meals’ campaign that empowered Covid-19-hit communities ...

ABU DHABI / WAM Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), stated that the fund has helped finance hundreds of development projects in Jordan costing AED6.5 billion, enabling the Jordanian Government to achieve its economic and social priorities and drive the process of sustainable development. In his statement to the Emirates News Agency (WAM) ...