Nasdaq glitch can hurt confidence

Markets

A high-tech glitch forced Nasdaq to close for three hours, leading an expert to suggest that a lack of confidence in the market could subsequently mean damage to the US economy.

(AssociatedPress YouTube channel)

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Indian-born BR Shetty turned the meagre $7 with which he arrived in the UAE in the 1970s into a personal fortune estimated at $1bn. In a rare interview, he tells Arabian Business about new plans for the businesses that made him rich - NMC Health and UAE Exchange - revealing little sign of slowing down at 70 years of age.

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