Bloomberg Shareholders at Reliance Capital Ltd. approved the appointment of Jai Anmol Ambani as an executive director, grooming a prospective heir to his billionaire father at parent Reliance Anil Dhirubhai Ambani Group Anmol, the older son of 57-year-old Reliance Chairman Anil Ambani, was appointed as an additional director by the board in August. A majority of institutional investors, which ...
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Wild weather hits S Australia after mass blackout
Sydney / AFP South Australia braced for a second night of severe weather on Thursday, with tens of thousands of homes still without power after “catastrophic” storms knocked out supply to the entire population. The total blackout caused chaos and widespread damage was reported, as authorities warned of more wild conditions to come including floods, high winds, heavy rain ...
Read More »600 wounded in Aleppo need medical evacuations
Geneva / AFP The United Nations described on Thursday a desperate situation in Syria’s rebel-held eastern Aleppo, warning “hundreds” needed medical evacuation and that there was only enough food aid left for a quarter of the city’s population. “Utmost on our mind is the need to address the very concerning medical situation” in the east of Aleppo, UN deputy envoy ...
Read More »Erdogan suggests emergency could extend to a year
Ankara /Â AFP Turkish President Recep Tayyip Erdogan suggested on Thursday it may be necessary to keep the state of emergency imposed after the July coup bid in place for at least a year. His comments came a day after he chaired Turkey’s top national security body which called for the current state of emergency to be extended when it ...
Read More »Iraqi activist Yanar Mohammed wins Norway rights prize
Oslo / AFP Norway’s Rafto Prize for human rights was on Thursday awarded to Yanar Mohammed of Iraq for her efforts to help minorities and women subjected to sexual abuse in the war-torn country, the jury said. Mohammed, 55, a journalist and feminist fighting for democratic principles and human rights, is the co-founder and head of the Organisation of ...
Read More »Saudi could cut anti-terror ties over US law: Analysts
Riyadh /Â AP Saudi Arabia could reduce valuable security and intelligence cooperation with longstanding ally Washington after a Congressional “stab in the back” allowing 9/11 victims to sue the kingdom, experts warn. Cutting such cooperation is among the options available to Riyadh after Congress voted overwhelmingly on Wednesday to override President Barack Obama’s veto of the Justice Against Sponsors of Terrorism ...
Read More »Mercedes reaffirms its reigns
Emirates Business The new Mercedes-Benz SLC (previously SLK) takes the roadster’s driving pleasure to a new level thanks to an unrivalled combination of sportiness and comfort. Just in time for the 20th birthday of its segment, the archetypal compact roadster enjoys a new evolution — with a new name, optimised technology and an enhanced look. Comprehensively refined, and with ...
Read More »â€˜Clean’ Tesla depends on where you are
Bloomberg How much cleaner are electric cars than the fossil-fuel powered alternative? The answer depends on exactly where you charge the batteries. In places that use low-carbon energy sources like renewables and nuclear, electric vehicles dramatically reduce emissions. There’s less of a difference in regions where most of the power comes from coal, like China. While an electric vehicle ...
Read More »Digitisation set to transform automotive aftermarket
Dubai / Emirates Business More than 100 professionals of the Middle East’s automotive aftermarket gathered in Dubai to discuss the future trends in their industry, with the rise of digitisation likely to have a major impact on the way they do business in the region. Valued at US$367 billion in 2015, the global market for replacement parts is estimated ...
Read More »Legoland, Riverland to open on October 31
Dubai / Emirates Business Dubai Parks and Resorts, the region’s largest integrated theme park destination, announced on Thursday that it will now open on October 31 with LEGOLAND® Dubai and Riverland™ Dubai, the retail dining and entertainment district. Bollywood Parks™ Dubai, LEGOLAND Water Park and the Lapita™ Hotel will open to the public on November 15 while MOTIONGATE™ Dubai ...
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