Bloomberg Bombardier Inc. has regained momentum on sales campaigns with its customers, after a US trade ruling in January blocked a proposed import duty on its planes, removing an uncertainty for a jet it spent $6 billion developing. “It’s been a big relief for the industry, it’s a great victory for competition, for innovation, for the rule of law,” Colin ...

Bloomberg Avon Products Inc named its first male chief executive officer in almost two decades, appointing Unilever veteran Jan Zijderveld to succeed Sheri McCoy as the cosmetics seller seeks to revive its business outside the US. Zijderveld, the Anglo-Dutch consumer-product giant’s European president, joins the door-to-door makeup seller after it split off its declining US business and moved its headquarters ...

Bloomberg How can regional startups compete with Amazon.com Inc. and Microsoft Corp. in the cloud-storage space? Look for small clients, speak Spanish, and snap up your peers, according to one CEO. Diego Cabezudo, co-founder and chief executive officer of Spain’s Gigas Hosting SA, believes his company’s model of helping customers develop their cloud infrastructure, and doing so in their local ...

ABU DHABI / WAM The Dubai Electricity and Water Authority (DEWA) is participating as the Sustainable Energy Partner of the 6th World Government Summit (WGS). The Summit is held under the patronage of the Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, from February 11-13. DEWA will highlight ...

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of Sharjah Executive Council and Sharjah Innovation Council, lauded the development of the Innovation Week into an Innovation Month this year. Sharjah Innovation Month, to take place from February 15-21 as part of the UAE Innovation Month, will formally ...

DUBAI / Emirates Business UAE Exchange, a leading global money transfer, foreign exchange and payment solutions brand, announced it has partnered with San Francisco-based Ripple to enable instant, seamless and real-time cross-border payments. This makes UAE Exchange the largest payment solutions provider in the Middle East to use Ripple’s blockchain technology to process payments globally in real time. Through this ...

DUBAI / WAM An in-depth, medium-to-long term outlook for the global food and beverage industry will be unveiled at Gulfood 2018, the world’s largest annual food and beverage trade event, which runs at the Dubai World Trade Centre (DWTC) from February 18-22. The outlook comes in a detailed report compiled by market intelligence research leader, Euromonitor International, and has been ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces of the UAE, and Narendra Modi, the Prime Minister of the Republic of India, discussed on Saturday boosting strategic cooperation between the two nations as well as a number of regional and international issues of ...

Dubai / Emirates Business In its commitment to accelerating global space exploration activities, the UAE launches the Space Settlement Challenge; a dedicated seed grant fund that supports ambitious projects from all areas of research pursuing ideas and concepts to unlock the future of human space habitation. The challenge aims to attract brilliant minds from all around the world regardless of ...

Dubai / Emirates Business The Emirates Red Crescent (ERC), has expanded its presence and intensified its efforts in the various areas of the world hit by crises and disasters, said HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the ERC. According to the report, the ERC’s programmes for overseas humanitarian assistance, relief ...