British Prime Minister David Cameron has admitted he did have a stake in an offshore trust set up by his late father. The revelation, made to the UK's ITV News, follows his father's name appearing in the Panama Papers leak of financial data from a Panamian law firm. Mr Cameron says he sold all investments in 2010 - the year he became Prime Minister - and that the fund was not used to avoid tax.
Shares bruised, dollar crumbles as Trump tariffs stir recession fears
Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.
Wall Street futures sink as tariffs fuel recession fears
US stock index futures tumbled on Thursday after President Donald Trump's sweeping tariffs on major trade partners heightened fears of an all-out trade war that could push the global economy into a recession.
Trump to impose 10% tariff on UAE, Saudi Arabia imports
The UAE and Saudi Arabia will face a universal 10 per cent tariff on imports under US President Trump's sweeping duties on dozens of countries.
UAE tops global entrepreneurship rankings for 4th straight year
The UAE has been ranked first globally for the fourth consecutive year in the latest Global Entrepreneurship Monitor (GEM) report.
Emirates launches express delivery service
Emirates has officially confirmed the launch of its Emirates Courier Express, an end-to-end delivery solution, a day after many believed the announcement to be an April Fool's prank.
