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EMIRATES JOB CUTS
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...- Emirates will not cut flights despite Middle East war pressuresEmirates plans no capacity cuts despite regional conflict. The airline seeks more traffic rights for Berlin and wider expansion in Germany....
- US Stock Market on Friday: S&P 500, Dow Jones, Nasdaq to crash today or these factors will uplift Wall Street? details hereUS Stock Market today: Nasdaq, S&P 500, and Dow Jones investors will hope that Wall Street indexes will end the week in a strong note.
- US stock market rally today: Why are the S&P 500, Dow Jones, and Nasdaq nearing record highs as NVIDIA and Apple explode higher on strong US jobs data and unstoppable AI-fueled tech surge?US stock market rally hard today pushed the S&P 500 near record highs as the Dow Jones and Nasdaq surged after stronger-than-expected US jo...
- Iran's economy has been battered. Its leaders still think Trump will blink firstIran's economy faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...
- US stocks: Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery's shareholders approved an $81 billion sale of the company to Skydance-owned Paramount on Thursday, propelling a meg...
- Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros Discovery shareholders are set to vote Thursday on the company's proposed $81 billion sale to Skydance-owned Paramount, in a me...
- Warner Bros shareholders to vote on Paramount's $81 billion takeover of the Hollywood giantWarner Bros. Discovery shareholders are voting on a massive $81 billion deal to be acquired by Skydance-owned Paramount. This mega-merger c...
- Boeing layoffs: Aerospace giant prepares notices, to cut 17,000 jobs in coming weeksBoeing layoff strike: Thousands of Boeing workers will receive layoff notices soon, affecting both union and non-union employees in its com...
- Emirates airline asks some pilots to take 12 months unpaid leaveThe aviation industry is enduring its worst crisis after the pandemic crippled most flights, forcing airlines around the world to layoff em...
- Dubai wealth fund readies bonds, COVID-19 may hit revenueThe group of banks mandated for the deal includes Citi, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, JPMorgan and Standard Chartered.
- Emirates offers pilots, cabin crew 4 months unpaid leave to tide over Covid pandemicThe Dubai state-owned carrier, facing a cash crunch caused by the pandemic, has already cut salaries and thousands of jobs, including pilot...
- Emirates airline to cut up to 9,000 jobs: ReportThe Middle East's largest carrier, which operates a fleet of 270 wide-bodied aircraft, halted operations in late March as part of global sh...
- Emirates lays off pilots, cabin crew, plans thousands more job cuts: SourcesAviation is one of the industries worst hit by the outbreak, with airlines forced to lay off staff and seek government bailouts. More redun...
- Emirates, Etihad extend temporary salary cuts to SeptemberThe aviation industry has been among the worst hit by the outbreak, which has dented travel demand and forced major airlines to lay off sta...
- Air Arabia lays off more staff due to COVID-19 impactThe Sharjah-based airline, which has about 2,000 employees, did not say how many employees had been affected. It laid off 57 employees in M...
- Emirates considers cutting 30,000 jobs, retire A380s fasterThe world’s biggest long-haul carrier could shrink a payroll that stood at 105,000 in March by as much as 30% as it reduces costs and reali...
- Dubai’s jobs vanish at the fastest pace in a decadeBusiness growth in Dubai stalled while jobs disappeared at the fastest pace in a decade, as per IHS Markit.
- In Dubai, expats hope for a happy new low-rent yearExpatriates in Dubai say they and their landlords are eyeballing each other ahead of next year’s rent cheques being handed over in January.
- Emirates welcomes Indian cabin crewContrary to job cuts initiated by Indian air carriers, Dubai-based international airline Emirates said it would hire more staff and would b...
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