Recently, McDonald’s decided to raise wages for many of its hourly restaurant workers. The rise is modest, from about $9 to about $10, but already the company’s executives claim that they are seeing improvements in service quality: “It has done what we expected it to — 90 day turnover rates are down, our survey scores are up—we have more staff …

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.03% to close at 4484.64 points. Accordingly the Market Capitalization has lost AED 202.89 million attaining AED 727.47 billion. A total of 0.75 Billion Shares were traded with a total value of AED 0.95 billion during the trading session of 21-03-2016 through 8672 transactions. The number of companies which …

BLOOMBERG Volatility across global financial markets is at a two-month low as signs central banks will keep borrowing costs lower for longer to settle investor nerves that frayed at the start of the year. European shares slipped on Monday after a measure of global stocks posted the strongest close since Jan. 1 last week following five weeks of gains. The …