Abu Dhabi / Gulf Time HE Massimo Baggi, the honourable Swiss ambassador to the UAE, was the guest of honour at the opening ceremony of the Swiss watchmaker’s first exclusive mono-brand store in Abu Dhabi. Yousef Al Khoori, CEO of Mohammed Rasool Khoory & Sons, received the honourable ambassador in the presence of Roland Enderli, Sales Director of Tudor ...

There she was again, six months after exiting the German chancellery. Relaxed but pensive after long walks on blustering Baltic shores listening to Macbeth on audiobook, Angela Merkel had so much on her mind, so much she wanted to explain for posterity. But she didn’t come to offer apologies or mea culpas. Reflecting on decades of interactions with Russian President ...

The six-month long saga over the fate of Kohl’s Corp is heading towards a conclusion. The department-store chain has entered into a three-week exclusivity period with Franchise Group Inc on a potential $60 per share cash offer, valuing the retailer at about $8 billion, the two companies said. Kohl’s shares rose as much as 11% before closing up 8%. But ...

  Back in 2018, Pete Fussey, a sociology professor from the University of Essex, was studying how police in London used facial recognition systems to look for suspects on the street. Over the next two years, he accompanied Metropolitan Police officers in their vans as they surveilled different pockets of the city, using mounted cameras and facial-recognition software. Fussey made ...

  Back in February, when India was still in denial about its brewing inflation challenge, economists at Nomura Holdings Inc summarised the choices before the monetary authority into three neat boxes. First, they said, there was a 15% probability that the central bank was right to ignore supply-side pressures. But their base case, to which they assigned a 50% likelihood, ...

Bloomberg Ukrainian President Volodymyr Zelenskiy urged global leaders to revive the unity they showed during the pandemic and coordinate efforts to deter Vladimir Putin. “Weapons and sanctions are also a vaccine against Covid-22, which was brought by Russia,” Zelenskiy told a TIME100 Gala event via video-link. Fighting continued in the east of Ukraine, where Russian forces are pushing to capture ...

  Bloomberg A military jet crashed in central China, killing one local resident and injuring two, according to the state broadcaster. The pilot ejected, but the crash caused an explosion near the airport of Laohekou, in Xiangyang city in China’s central Hubei province, the Xinhua news agency reported. Some houses near the crash site were severely damaged and set on ...

  Bloomberg Hong Kong is preparing to cocoon some 1,000 people involved in the city’s July 1 handover anniversary, fueling speculation that Chinese President Xi Jinping will attend the celebrations. Security staff, including police officers protecting a “very, very important person,” will enter the closed-loop system in readiness for hosting an unspecified Chinese state leader, the South China Morning Post ...

  Bloomberg China blasted Taiwanese opposition leader Eric Chu after he appeared to play down a key agreement between the two sides, in a sign of new frictions between Beijing and its traditional negotiating partner in Taipei. Taiwan Affairs Office (TAO) spokesman Ma Xiaoguang criticised Chu for remarks in the US in which he called the agreement that both sides ...

Bloomberg President Emmanuel Macron aims to reform France’s pension system by the summer of 2023, he told French news outlets in his first extended interview since his re-election in April. The reform, which initially aimed to lift the retirement age from 62 to 65, is essential to financing Emmanuel Macron’s larger ambitions for his second five-year term. He discussed those ...