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Category: Industry

Airbus shares fall 1% after lower Oct deliveries

Paris, Airbus (AIR.PA) shares slipped on Friday after the planemaker reported that October deliveries were down 10% from the previous month. Airbus delivered 36 planes in October, down from 40 in each of the two previous months and a monthly peak of 77…

EDB outlines initiatives to develop key economic sectors

Manama, Following the announcement of the Kingdom’s Economic Recovery Plan, initiated by the directives of His Majesty King Hamad bin Isa Al Khalifa, and following the approval of the plan by the Cabinet, chaired by His Royal Highness Prince Salman bin…

US employers shrugged off virus and stepped up hiring

Washington, America’s employers stepped up their hiring last month, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession is overcoming a virus-induced slowdown. Friday’s report from the Labor Departm…

US wages jump by the most in records dating back 20 years

Washington, Wages jumped in the three months ending in September by the most on records dating back 20 years, a stark illustration of the growing ability of workers to demand higher pay from companies that are desperate to fill a near-record number of …

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