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Stocks struggle as tech remains fragile, pound slides

World shares struggled Tuesday as doubts about a recovery in tech stocks lingered after last week's rout, while the dollar awaited policy signals from the European Central Bank and the pound remained hostage to Brexit jitters. Fresh tensions between Washington and Beijing after US President...

French economy to bounce back as lockdown lifted

France's economy, which like those of other countries was pushed into a bruising recession by the coronavirus, will bounce back now that lockdown measures are lifted but will still contract over the year as a whole, official data showed Tuesday. France's gross domestic product, which had...

Emirates airline says returned $1.4 bn in pandemic refunds

Emirates, the largest airline in the Middle East, said Monday it had so far returned $1.4 billion in refunds to customers amid sharply reduced global travel due to the coronavirus pandemic. "Emirates reveals that is has returned over 5 billion dirhams in Covid-19 related travel refunds,"...

Israel sees trade with UAE at $4 billion a year

Annual trade between Israel and the United Arab Emirates is expected to reach $4 billion, an Israeli minister said Monday. Israel and the UAE announced in August they would normalize diplomatic relations in a deal brokered by Washington. The UAE has since announced it was scrapping an...