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Danube Group first in Dubai to announce new work week

Dubai / Gulf Time Danube Group, Dubai’s leading building material, real estate and retail home furnishing, conglomerate is one of the first few companies who announced their new work week cycle starting January 1, 2022, in line with the UAE governments new directives of a shorter work week. The group intends to retain its two-day weekend (on Saturdays and Sundays) ...

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Is massive US Treasury market too big to trade?

When panic strikes financial markets and everyone runs for the exits, someone has to put up the cash — usually it’s governments and central banks. Indeed, the US Federal Reserve has again and again intervened to calm nerves and keep markets moving by buying up Treasury bonds and injecting liquidity. But as regulators move to fix more problems and reduce ...

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American CEO switch shows optimism

Another big US airline is replacing its chief executive officer in a sign that the pandemic recovery is broadly still on track even as new Covid variants loom. American Airlines Group Inc announced that CEO Doug Parker would step down in March and be succeeded by President Robert Isom. Parker is the longest-serving current CEO of a major US airline; ...

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