Bloomberg Unfilled jobs surpassed one million in Canada, a sign that employers are having difficulty finding workers as they ramp up hiring. There were 1,014,600 job vacancies in September, Statistics Canada reported in Ottawa. That represents about 6% of all jobs, a vacancy rate that’s up from as low as 3% last December. Employers in high-contact industries like food services ...

Bloomberg German unemployment extended its decline in November as businesses added staff to work off a backlog in orders. Unemployment in Europe’s largest economy falls by 34,000, beating economists’ forecast for a drop of 25,000. That pushed the jobless rate to 5.3%. “Consequences of the current, worrying corona situation in Germany have hardly shown up so far,” Federal Labour Agency ...

Bloomberg The new coronavirus variant is set to test European economy’s recent ability to withstand fresh restrictions on activity. With the new strain from South Africa looming as a threat to public health, adding to the existing headache of rising infections that have already forced Austria and Slovakia to impose lockdowns, a pandemic that countries around the region had previously ...

Bloomberg Fresh concerns about the efficacy of existing vaccines against the omicron coronavirus strain pushed markets back into risk-off mode on Tuesday, with stocks in Europe dropping alongside US equity futures. Bonds gained as investors sought havens. The Stoxx Europe 600 index falls more than 1%, more than wiping out an earlier advance. Cyclical sectors including retail, travel and carmakers ...

Bloomberg South Korea’s benchmark stock index erased its gain for the year on renewed outflow of foreign funds amid worries that the new Covid-19 variant could hamper the global economic recovery. The equity benchmark falls 2.4%, with losses accelerating in the afternoon following a Financial Times that Moderna Inc’s CEO said existing vaccines may struggle against the omicron strain. The ...

Abu Dhabi / WAM On the occasion of the Commemoration Day, President His Highness Sheikh Khalifa bin Zayed Al Nahyan said that the UAE will remain indebted to its heroes who sacrificed their very souls for the sake of their homeland. “The sacrifices of our martyrs will remain indelible in the conscience of homeland and our national memory. Their heroic ...

Bloomberg Oil pared gains in volatile trading after rebounding from one of its biggest daily drops as traders weighed the risks to demand from the omicron variant of Covid-19 and the potential response by Opec and its allies. Futures in New York were up about 3.5% on Monday after earlier rallying as much as 7%. The World Health Organisation warned ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, has said, “We draw lessons from the sacrifices of the nation’s martyrs for a strong and resilient country, capable of facing challenges… We are proud of them.” HH Sheikh Mohamed said the names of the ...

Abu Dhabi / WAM Emirates Stallions Group (ESG), an ADX-listed company and a subsidiary of International Holding Company (IHC), acquired 70% of WFC Holding, a UAE leading technology, data-driven and outsourcing company specialised in Business Process Outsourcing (BPO) and Manpower Outsourcing (MPO). WFC Holding, through its subsidiaries Workforce Connexion, Integrated Business Centre, Corporate Solutions Consultants, and Multi-Serve Typing, provides clients ...

DUBAI / WAM Expo 2020 Dubai visit numbers have climbed to 4,766,419 in the period up to November 28, driven by music, sporting stars and continued strong take-up of the November Weekday Pass. Jubilee stage played host to a packed week of entertainment, including Kuwaiti singer Abdullah Al-Ruwaished and famed Egyptian singer Mohamed Hamaki, while a formidable all-female line-up delighted ...