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Stocks fall amid recession worries

  Bloomberg US index futures and European equities fell as concern over the possibility of a recession outweighed optimism over US-China talks aimed at tariff reductions. The euro falls to a 20-year low. Contracts on the S&P 500 and Nasdaq 100 indexes dropped at least 0.6% each as US markets were set to return after Independence Day holiday. In Europe, ...

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Trading dries up on India crypto exchanges as new tax kicks in

  Bloomberg Warnings from Indian crypto exchanges that a controversial new transaction tax would erode trading are coming true, with volumes evaporating since the levy took effect. Three exchanges — ZebPay, WazirX and CoinDCX — suffered declines of between 60% and 87% in the value of daily trading immediately after the 1% tax deductible at source became effective on July ...

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UAE launches online Haj permit on Al Hosn app

  DUBAI / WAM Al Hosn National Health System, which is affiliated with the Ministry of Health and Prevention (MoHAP), has launched an online Hajj permit service on Al Hosn App in cooperation with the General Authority of Islamic Affairs and Endowments. The service aims to facilitate Hajj procedures, save pilgrims’ times and efforts and enhance their confidence in the ...

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