Friday 29 July 2016
 
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Lloyds plans 3,000 jobs cull after Brexit shock

Lloyds Banking Group said on Thursday it would accelerate its cost cutting plan to help offset a more testing economic environment and a likely drop in demand for credit caused by Britain's vote to quit the European Union. Bri

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Lloyds plans 3,000 jobs cull after Brexit shock

Lloyds Banking Group said on Thursday it would accelerate its cost cutting plan to help offset a more testing economic environment and a likely drop in demand for credit caused by Britain's vote to quit the European Union. Bri

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Etihad, partners to pump $10.7bn into US economy

Etihad Aviation Group (EAG) and its equity partner airlines will support 108,000 jobs across the US in 2016 and make a $10.7 billion contribution to the national economy this year, according to a leading global consultancy. The Ab

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Passion tops salary for fresh UAE graduates

”Doing a job I feel passionate about” is the most important attribute for fresh graduates in the UAE, followed by “competitive salaries” (14 per cent), “opportunities for career progression” (9 per cent), and

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Mena professionals ‘actively searching’ new roles

Approximately 51 per cent of professionals in the Mena region are “actively searching” for new roles, which is significantly higher than the global average of 36 per cent, according to a new report. LinkedIn, the world

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US economy posts largest job gains in June

US job growth surged in June as manufacturers and other employers boosted hiring, confirming the economy has regained speed after a first-quarter lull, but tepid wages suggested the Federal Reserve will probably not raise interest rates soon.

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World stocks up, Wall St drops ahead of jobs report

World stocks broadly climbed as riskier assets like equities received a bump from positive US data, though US equities and long-dated Treasury yields fell along with oil prices amid investor caution ahead of Friday's non-farm payrolls report

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India unveils big FDI reforms

India announced on Monday sweeping reforms to rules on foreign direct investment, opening up its defence and civil aviation sectors to complete outside ownership and clearing the way for Apple to open stores in the country. The mo

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Oman Air, PDO partner on job creation deal

Oman Air and Petroleum Development Oman (PDO) have joined forces to create 400 jobs for young Omanis at the new Muscat International Airport. The two companies signed a Memorandum of Understanding (MoU) committing PDO to support t

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Focus on jobs at heart of Saudi reforms

Saudi Arabia plans to spend billions of riyals on technical training and other initiatives to boost the number of its citizens in private sector jobs, an economic reform plan released on Monday showed. The world's top oil expo

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