Bloomberg The US trade deficit shrank for a fifth month in August to the smallest in more than a year, reflecting a decline in the value of imports that’s poised to lend support to economic growth in the third quarter. The trade gap in goods and services narrowed by $3.1 billion, or 4.3% from a month earlier, to $67.4 ...

  Bloomberg Toronto home prices dipped again in September and have now fallen as much as 17% from their spring peak, as evidence grows that buyers and sellers are growing wary of doing deals. The benchmark price for a home in Canada’s largest city fell a further 1.2% from August, adding to the string of declines that began in April, ...

  Cologne / Gulf Time infodas, leading provider of Cross Domain Solutions (CDS), announces that its SDoT Security Gateway has officially received the (National IT Evaluation Scheme) Nites certification from the prestigious Cyber Security Agency of Singapore. This top-tier certification once again ensures that the SDoT Security Gateway can be deployed in highly sensitive environments, in accordance with national and ...

Bloomberg Semiconductor stocks across the globe retreated on Monday after fresh US curbs on China’s access to American technology added to a disappointing start to the earnings season, stoking concerns that the industry’s downturn is far from over. In China, bellwether Semiconductor Manufacturing International Corp (SMIC) falls 4% in Hong Kong, the most in five weeks. Declines were steeper in ...

  Bloomberg As recession looms, stock prices slide and sterling sinks, British firms are backing off expansion and instead handing money back to investors by buying back shares like never before. Companies in the FTSE 100 Index are set to repurchase stock worth almost $57 billion this year, significantly above previous peaks, according to financial services firm AJ Bell Ltd. ...

  Dubai / WAM Non-oil trade of Dubai Airport Free Zone (Dafz), part of the Dubai Integrated Economic Zones Authority (DIEZ), rose by more than 36 percent year-on-year in 2021, reinforcing Dubai’s strength as a global hub for trade and commerce. Figures shared by the Dafz in cooperation with Dubai Customs showed that the free zone’s non-oil trade exceeded AED162 ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of congratulations to Yoweri Museveni, President of Uganda, on the occasion of his country’s Independence Day anniversary. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, sent a similar cable to President ...

  Dubai / WAM Dubai Future Forum has revealed its speaker list, comprising more than 70 of the world’s leading futurists from 45 organisations who will lead discussions about the most pressing questions of our time. Held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council, and ...

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) on Sunday signed a memorandum of understanding (MoU) with the UAE Cyber Security Council to support the development and review of national level strategies, polices and standards for the cybersecurity of the UAE energy sector. The agreement was signed at Enec headquarters in Abu Dhabi by His Excellency Mohamed ...

  Abu Dhabi / WAM Held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, Adnec group has announced a list of speakers for the three-day conference held as part of the Global Media Congress (GMC) during November 15-17. The list includes several top media executives from across the ...