France to announce new measures to tackle unemployment next month

PARIS, Rabi’I 03, 1437, December 14, 2015, SPA — The French government will announce new measures aimed at fighting unemployment next month, Prime Minister Manuel Valls said on Monday, according to Reuters.

Valls, speaking on national television a day after a second round of regional elections, did not spell out specific details but said Labour Minister Myriam El Khomri was preparing a “massive plan” to boost professional education.

“We must act quickly. These measures will be ready in January,” he told France 2 television.

France’s unemployment rate rose to 10.6 percent in the third quarter, its highest quarterly rate since 1997.

The regional election run-off, in which the conservatives won seven constituencies and the Socialists five, was no real victory for the two mainstream parties, who have been shaken by the far-right’s growing appeal to disillusioned voters.
23:41 LOCAL TIME 20:41 GMT

مجلس التراث الوطني يعلن رسميا تحويل مبنى فولرتون السابق (فندق فولرتون) إلى النصب التذكاري الـ 71 في سنغافورة

سنغافورة، 9 كانون الأول/ديسمبر، 2015 / بي آر نيوزواير — أعلن اليوم مجلس التراث الوطني رسميا تحويل مبنى فولرتون السابق (المعروف اليوم باسم فندق فولرتون) إلى النصب التذكاري الـ 71 في سنغافورة، مستكملا عددا من إعلانات التحويل الرسمي لمواقع تاريخية احتفالا باليوبيل الذهبي لسنغافورة. هذا المبنى الكلاسيكي المعاصر الواقع عند مصب نهر سنغافورة كان يوما […]

Britain's FTSE rises

LONDON, Rabi’I 03, 1437, December 14, 2015, SPA — Britain’s top share index rebounded on Monday after reaching 10-week lows in the previous session, with South Africa-focused stocks surging on hopes the appointment of a new finance minister will stabilise stock and currency markets there, Reuters reported.

Old Mutual, which slumped nearly 22 percent last week, climbed 10 percent after President Jacob Zuma named widely respected Pravin Gordhan as South Africa’s third finance minister in a week. The dramatic U-turn sent the rand 5 percent higher after it hit a new all-time low on Friday.

Shares in Investec and Mondi, which are also exposed to Africa, rose 9.6 percent and 3 percent respectively after the South African currency rebounded after falling about 9 percent last week.

The blue-chip FTSE 100 index was up 0.8 percent at 5,997.71 points by 0935 GMT after falling for seven sessions in a row. The benchmark index is still down about 9 percent so far this year.

Miners came under pressure as prices of key metals, including copper and gold, fell. Shares in BHP Billiton, Glencore and Randgold Resources were down 0.4 to 1.9 percent.

BP fell 0.5 percent, underperforming the broader market, as the company faces a class action lawsuit in Mexico over its deadly 2010 Gulf of Mexico oil spill, which a civic group on Friday said it had filed against the company.
14:24 LOCAL TIME 11:24 GMT

الاتحاد للطيران توقع اتفاقية شراكة مع شركة “كوجنيزانت” لتوفير تجربة الضيوف الرقمية بمنظور جديد على امتداد المجموعة

14 ديسمبر/ كانون الأول 2015 — أعلنت الاتحاد للطيران، الناقل الوطني لدولة الإمارات العربية المتحدة، وشركة “كوجنيزانت” (ناسداك: NASDAQ: CTSH)، المزود الرائد  لتقنية المعلومات، والاستشارات والتعاقد الخارجي لإدارة الأعمال، اليوم عن توقيع اتفاقية استراتيجية لدفع عملية التحول الرقمي على امتداد الشركة بما في ذلك شُركائها بالحصص. الصورة – لشعار – وبموجب الاتفاقية الممتدة […]

Etihad Airways Partners With Cognizant To Reimagine Digital Guest Experience Across The Group

ABU DHABI, United Arab Emirates, Dec. 14, 2015 /PRNewswire — Etihad Airways, the national airline of the United Arab Emirates, and Cognizant (NASDAQ: CTSH), a leading provider of information technology, consulting, and business process outsourcing services, today announced a strategic agreement to drive digital transformation across the airline and its equity partners. Photo – Logo […]

Kuwait Stock Exchange ends session in red zone

KUWAIT, Rabi’I 03, 1437, December 14, 2015, SPA — Kuwait Stock Exchange (KSE) ended Monday’s session in the red zone as the price index lost 30.9 points reaching 5,602.38 points, the weighted index shed 3.62 points reaching 381.27 points and the KSX 15 lost 13.54 points to the 902.71-point level.
Number of trades stood at 2,846 transactions, valued at KD 16,008,383.688. Meanwhile, share turnover amounted to 104,078,216.
14:08 LOCAL TIME 11:08 GMT