ICAO supported certification requirements now in place for new airlines for Indian air carrier applicants.
Legal & Regulatory
Senate leadership progress towards budget deal
Senate Congressional leaders from both parties have progressed as to reaching a deal on the debt ceiling and the budget impasse.
European stocks fluctuate amidst US economic uncertainty
Stock markets in Europe fluctuated wildly amidst the uncertainty of the US finalizing budgets for its debt servicing and other governmental services.
UAE SMEs to continue hiring pattern for the next six months
In a survey conducted over UAE small and medium enterprises, over 80% would hire more employees in the next six months.
WB President says US 'days away' from a 'very dangerous moment'
If the US fails to pass legislation to increase the debt limit, then the global economic system would be tremendously affected.
Latest News
Because of price caps and channel disruptions, the Indian drug market still is continuing its negative growth pattern.
The proposal of the Brazilian Stock Exchange to form a takeover panel has gained the support from investors and the Brazilian finance regulator.
US veterans had protested in Washington last Sunday in fear that their benefits might be affected if no agreement would be reached to end the partial shutdown of the government.
Europe's clean energy investment had fallen 14% after cheaper US natural gas had lured more investment, said a London-based research firm.
Angola would be imposing a 10% tax on oil firms operating in the country. Angola, the second largest oil producer in Africa, would levy a consumption tax on oil companies.
The stocks of Australia and New Zealand fell as the deadline to settle debt for the United States looms near, said a report from Bloomberg.
The Japanese Yen had increased versus all its major peers as no progress was seen between US President Barack Obama and the House Republicans to end the US shutdown.
The temporary increase of the food stamp program would end by the end of this month. The temporary stimulus for the Supplemental Nutrition Assistance Program (SNAP) would expire by the end of the month.
US Senators struggled to end the partial government shutdown as the nation's deadline on incurring a default on debt draws near, said a Reuters report.
