MANILA (Reuters) - Immigration records showing Wirecard’s former chief operating officer Jan Marsalek arrived in the Philippines on June 23 and departed for China the next day were falsified, Philippines Justice Secretary Menardo Guevarra said on Saturday.

Guevarra said the immigration officers who inputted the fictitious entries have been relieved of their duties and face administrative sanctions.

“The"...

LONDON (Reuters) - Britain’s government will double the number of its job coaches as part of a plan to tackle a rise in unemployment triggered by the coronavirus lockdown, the finance ministry said on Saturday.

The number of work coaches at British job centres will double to 27,000 at a cost of 800 million pounds ($997 million), the ministry said.

Finance minister"...

The Government of Finland has committed €2 million (US$2.2 million) to support the Government of Iraq's response to the COVID-19 pandemic, in partnership with the United Nations Development Programme (UNDP) in Iraq.

The funds will be used to support UNDP Iraq's COVID-19 response package, which is being implemented under the umbrella of UNDP Iraq's Funding Facility for Stabilization (FFS), established to repair critical infrastructure"...

ERBIL - Kurdistan Region Prime Minister Masrour Barzani on Thursday received Iraqi Minister of Communication Arkan Al Shaibani in Erbil where they emphasized on 'stronger coordination' between Erbil and Baghdad in the sector of communication.

'In the meeting attended by KRG Minister of Transportation and Communication Ano Jawhar Abdoka, both sides spoke about the need to develop stronger coordination in the communication sector,'"...

WASHINGTON (Reuters) - Federal Reserve policymakers are looking at reviving a Great Recession-era promise to keep interest rates low until certain conditions are met, in a bid to deliver a more rapid recovery from the recession triggered by the coronavirus pandemic.

The policymakers “generally indicated support” for tying rate-setting policy to specific economic outcomes, minutes from the U.S. central bank’s June 9-10 policy meeting"...

WASHINGTON (Reuters) - The U.S. economy likely created jobs at a record clip in June as more restaurants and bars resumed operations, which would offer further evidence that the COVID-19 recession was probably over, though a surge in cases of the coronavirus threatens the fledgling recovery.

The Labor Department’s closely watched monthly employment report on Thursday would add to a stream of data, including consumer spending, showing a sharp"...

With the coronavirus pandemic reinforcing the need to diversify investment portfolios, some UAE residents have begun to consider real estate as a stable asset class in uncertain times.

While investing in property comes with risks, like any asset class, for devotees it can offer capital appreciation, rental yields and a sense of security for the buyer as it is a touchable asset. It can also offer the chance to secure a second passport or citizenship.

Having come into effect, the new Dubai International Financial Centre Data Protection Law 2020 law will bring enhanced governance and transparency obligations.

Companies operating in DIFC and beyond now have three months to address the requirements of DPL 2020, which also means three months to get control of their data, says Johnny Karam Regional Vice President at Veritas.

Airbus has announced plans to adapt its global workforce and resize its commercial aircraft activity in response to the Covid-19 crisis, which is expected to result in a reduction of around 15,000 positions no later than summer 2021.

The information and consultation process with social partners has begun with a view to reaching agreements for implementation starting in autumn 2020.

The commercial aircraft business activity has dropped by close to 40% in recent months as the industry faces an unprecedented"...

In Iraq, a country most recognized for its oil production, it's the micro - small - and medium-enterprises (MSMEs) that bring life and colour to the streets. Despite being the 'small' players in business, the private sector (excluding oil) accounts for close to 60% of employment, with MSMEs active in the widest range of sectors and with the greatest opportunities for youth.

In Basra City and Al-Qurna, two cities in the largest oil producing"...