London / AFP Stocks across the globe forged higher on Tuesday, with Wall Street setting new records as rising metals and oil prices bolstered sentiment in the mining and energy sectors, dealers said. At the opening bell on Wall Street, the Dow jumped above 19,000 for the first time, extending its post-election rally. London stocks gained 0.9 percent on ...

  Bloomberg A U.S. safety agency is investigating an accident involving a massive experimental drone Facebook Inc. is developing to bring the internet to remote areas of the world. No one was hurt in the incident, which came during the unmanned aircraft’s first test flight on June 28. It marks the latest hiccup in Facebook’s plans to wirelessly connect the ...

  NEW YORK / Bloomberg At the largest online travel conference last week, industry executive Steve Hafner was asked an unusual question: What’s the first word that comes to mind when you think about Google? “Annoying,” said Hafner, chief executive officer of Priceline Group Inc.’s Kayak business. Hafner captured the mood well. Despite more than $15 billion in annual revenue ...

  Washington / AFP Hillary Clinton was about to be indicted, Pope Francis endorsed Donald Trump: the battle over fake news is heating up after a White House campaign in which the misinformation industry may have swung the outcome of the vote. Last week, Google and Facebook moved to cut off ad revenue to bogus news sites. But media watchers ...

  ABU DHABI / WAM Emirati women make up for 20 percent of the workforce in the UAE’s nuclear energy industry, the highest rate globally in the nuclear energy sector, a senior official at the Nawah Energy Company, a subsidiary of the Emirates Nuclear Energy Corporation (ENEC), said on Monday. “This strong presence of women in the nuclear sector reflects ...

  ABU DHABI / WAM Valued-added tax (VAT) to be introduced in the UAE in early 2018, will reflect positively on the economy and the government’s financial stability, as the money levied will be used to launch new developmental projects, a senior official said on Monday. “The proposed five percent VAT will be applied to consumption and not on savings ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, stressed the importance of long-term investment in innovation and supporting UAE innovators and enabling them to turn their ideas into innovative projects that benefit people. “Supporting UAE innovators is a key pillar of the future work and efforts ...

  Sharjah / WAM His Highness Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and President of the University of Sharjah (UoS) on Monday received a delegation from ABET, the US-based Accreditation Board for Engineering and Technology, who are on a visit to the emirate. The parties discussed academic progress being made by the UoS. ...

  Abu Dhabi / WAM An innovation guide for companies operating in the UAE has been launched by the Ministry of Economy to promote a culture of innovation and increase awareness regarding the importance of research and development, R&D, for businesses and the entire economy, the Ministry announced on Monday. The guide, prepared in collaboration with the National Research Centre of ...

  Dubai / Emirates Business Dubai has improved its ranking to claim the 15th position on the second edition of the Dubai Innovation Index, which was released by the Dubai Chamber of Commerce and Industry on the side-lines of the UAE Innovation Week. The survey, launched by the Chamber in cooperation with PricewaterhouseCoopers (PWC), analysed 28 top global innovation cities. ...