• 2 days ago
Twitter is once again buzzing from tweets President Donald Trump made about his Federal Reserve.
Transcript
00:00It's beginning to look a lot like a Twitter feud between U.S. President Donald Trump and
00:05the country's central bank.
00:07Take a look at Twitter, which is glistening once again with tweets from Trump in which
00:10he slammed the U.S. Federal Reserve.
00:12The bank is expected to meet on Tuesday and Wednesday, and they're expected to raise interest
00:16rates by 25 basis points.
00:19Expect those hikes to come into the UAE, where the Durham is pegged to the dollar, so expect
00:2325 basis points starting from Thursday.
00:25In aviation news, Emirates Airlines and South African Airways are expanding their partnership
00:29by boosting their co-chair deal.
00:31The enhanced partnership will allow both airlines to expand and leverage each other's networks.
00:35For passengers, it basically means an expanded co-chair across both carriers' networks.
00:40And finally, Twitter's share prices fell about 7 percent as the company said it's looking
00:44at possible state-sponsored hacking.
00:47Twitter said it discovered suspicious traffic to a customer support forum with the IP addresses
00:51coming from Saudi Arabia and China.
00:53This has been the Daily Business Wrap.
00:55For more news, please check us out on gulfnews.com forward slash business.
00:58I'm Sarah Dia.
00:59Thank you so much for watching.

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