Bloomberg Goldman Sachs Group has introduced a childcare programme in Japan that specialises in looking after employees’ sick children, stepping up efforts to retain more female workers and improve diversity. Under the programme, when a child falls ill the bank will dispatch a babysitter or nurse from a local provider on request within two to three hours. It’s the first ...
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Suicidal ground worker crashes Alaska Air plane
Bloomberg Step inside the cockpit of an empty commercial aircraft and the pilot controls are yours. You don’t need a key or any special passcode to power up the plane and fly it away, whether it’s a small regional jet or a giant twin-deck Airbus A380. The suicide-by-plane at Seattle’s Sea-Tac International Airport, which ended when a rogue airline employee ...
Read More »Airbus drone sets flight-endurance record of 25 days
Bloomberg Floating almost motionless at an altitude of 70,000 feet, Airbus SE’s Zephyr spy drone has extended the record for the longest flight within the Earth’s atmosphere to 25 days, two-thirds more than the previous best. The first production version of the solar-powered pseudo-satellite spent more than three weeks in the stratosphere on its maiden trip after taking off from ...
Read More »Amazon captures 5% of US retail spending
Bloomberg Americans last year bought about $200 billion worth of stuff from Amazon and its Whole Foods grocery stores. That figure is based on a Bloomberg Intelligence estimate that Amazon sold about $300 billion in merchandise in 2017 and the company’s report that two-thirds of its revenue comes from the US. If that’s accurate, Amazon.com Inc. captured about 5 percent ...
Read More »The clunky dad shoe gives sneaker makers a swift kick
Bloomberg Dad shoes are clunky, ugly — and the hottest trend in footwear, clomping down the runway at recent shows by luxury houses Louis Vuitton and Balenciaga. The bulked-up sneakers, which can retail for hundreds of dollars a pair, also represent a major challenge for athletic-shoe makers unaccustomed to the volatile world of high fashion. Until recently, companies such as ...
Read More »UAE youth are global role model
ABU DHABI / WAM The United Arab Emirates will, on Sunday, observe “International Youth Dayâ€, highlighting the great importance attached to the welfare and progress of the youth. The UAE Government seeks to empower the young generation and prepare them to contribute to the welfare of the Emirati community by instilling in them leadership qualities and by engaging them in ...
Read More »Saudi is making strenuous efforts to serve pilgrims
KHARTOUM / WAM The Kingdom of Saudi Arabia is making strenuous efforts for the convenience and comfort of millions of pilgrims while performing the fifth pillar of Islam, stated Dr Mohammed Mattar Al Kaabi, Chairman of the General Authority of Islamic Affairs and Endowments, Awqaf, and Head of the UAE Haj Mission. “The KSA warmly welcomes millions of pilgrims and ...
Read More »UAE, Ethiopia keen to boost cooperation in key sectors
ADDIS ABABA / WAM Ethiopian Prime Minister, Abiy Ahmed, received Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, and discussed prospects for joint cooperation, especially in vital areas of energy, infrastructure, investment, free industrial zones and civil aviation. While in the capital, Addis Ababa, Al Hashemy held a series of meetings with Ethiopian senior officials, tackling bilateral ...
Read More »UAE condemns attack on security personnel in Jordan
ABU DHABI / WAM The UAE has strongly condemned a vehicle explosion that took place when gendarmerie and public security personnel were taking part in a joint patrol in the Jordanian capital, Amman. “The UAE stands in solidarity with the Hashemite Kingdom of Jordan against any attempts to its security and stability and supports whatever measures it may take to ...
Read More »First UAE-Caribbean forum to promote bilateral ties
HAVANA / WAM Badr Abdullah Al Matroushi, UAE Ambassador to Cuba and Non-Resident Ambassador to Jamaica and Haiti, presented invitations to their respective minsters to take part in the first UAE-Caribbean Forum, due to be held on November 24-26 in Dubai. Al Matroushi, who is also the Representative of the UAE to the Caribbean Islands Nations, emphasised the strong bonds ...
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