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Fed’s Eric Rosengren signals his opposition to interest-rate cut

Bloomberg Federal Reserve Bank of Boston President Eric Rosengren said he doesn’t believe the US economy needs an interest-rate cut, given the positive data that’s rolled in since mid-June. “The economy’s doing actually quite well,” Rosengren said in an interview with CNBC. “We’re not really having an economic slowdown.” Rosengren, who votes this year on the policy-making Federal Open Market ...

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Dubai to host region’s first conference on ‘AI in sports’

DUBAI / WAM Dubai Sports Council has announced the region’s first-ever conference on artificial intelligence (AI) in the global sports industry to be held in Dubai, on October 14 and 15, at the World Trade Centre. The Dubai Artificial Intelligence in Sports (Dais), conference, and exhibition is being held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid ...

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RTA installs 100 solar-powered Nol machines

DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) has completed the installation of 100 Nol top-up machines powered by solar energy in several parts of Dubai. The step is part of RTA’s efforts to expand the use of renewable energy in all services and projects in support of the government drive towards a green and sustainable economy. “The installation ...

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