Masonry Layout

Bloomberg Germany’s ruling coalition is planning to more than double net federal borrowing next year to help ease the impact of the energy crisis and steer Europe’s largest economy through an expected recession. The government is targeting net borrowing of €45 billion ($45 billion) in 2023, according to people familiar with the plan, who asked not to be identified discussing ...

  Bloomberg Hiring at US companies rose in October by more than forecast, mainly reflecting a surge in leisure and hospitality and underscoring resilient labor demand despite the Federal Reserve’s efforts to cool the economy. Private payrolls rise 239,000 last month after a revised 192,000 gain in September, according to data from ADP Research Institute in collaboration with Stanford Digital ...

Bloomberg Twitter Inc. suspended the $8 subscription program it launched earlier this week to combat a growing problem of users impersonating major brands, a person familiar with the move said. Existing subscribers will still have access to their account, said the person who asked not to be identified because the information is private. The move was reported earlier by the ...

  Bloomberg The UK’s new financial plan will seek to make any recession as short as possible, Chancellor Jeremy Hunt said. “I want to make sure that this recession, if we are in one, is as short and shallow as possible,” Hunt said in an interview on Sky News. The UK economy shrinks in the third quarter for the first ...

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched, on Friday, the UAE Tourism Strategy 2031, which comes under the ‘Projects of the 50’ as one of the biggest projects of the next years. The strategy aims to strengthen the position of the ...

  Abu Dhabi / WAM His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of the Executive Council of Abu Dhabi, has inaugurated the second edition of the Abu Dhabi Moments initiative. Organised by the Abu Dhabi Department of Community Development, in cooperation with various entities in the emirate, Abu Dhabi Moments is an initiative that includes community ...

  Dubai / WAM The Ministry of Human Resources and Emiratisation (MoHRE) reiterated on Friday its keenness to support and empower private sector companies in the UAE and help them achieve their Emiratisation goals of 2022 with 50 days to go for the deadline before fines are imposed on non-compliant companies. Companies with 50 or more employees are targeted to ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has emphasised that its commitment to the highest quality standards has contributed to its major achievements that have made it one of the best and most efficient utilities worldwide. On International Quality Day, Saeed Mohammed Al Tayer, MD & CEO of Dewa, said, “We are keen to spread a culture ...

Bloomberg The US, Japan and other countries will offer a climate finance deal worth as much as $20 billion to help Indonesia shift its coal-dominated power grid away from the polluting fossil fuel. Details of an agreement will be announced during the Group of 20 meetings in Bali next week after talks between US President Joe Biden and Indonesian President ...

Bloomberg Ukrainian troops entered the southern city of Kherson after Russian forces abandoned the regional capital and fled across a major waterway, a significant setback for Moscow as the two sides dig in for winter. Ukrainian military intelligence confirmed that the country’s troops were entering Kherson, which had been occupied by Russian troops since the first weeks of the war. ...