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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Cover Story 5

Alabbar Uncensored
Emaar chairman Mohamed Alabbar has faced a media frenzy ahead of next week’s Annual General Meeting. With his increasing commitments outside Emaar, including the $85bn Capital Cairo project, and the departure of several key executives from the company, some shareholders are openly questioning his commitment to the company he founded, and his future role within it. In an exclusive interview, he tackles the critics head on — and explains why he is planning for several more years at the helm of one of the world’s most successful property developers.

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