London /AFP A stocks rally triggered by Hillary Clinton’s upbeat performance in the first US presidential debate over Republican rival Donald Trump slid away on Tuesday on a dim outlook for an oil deal. In Asia, indices closed with solid gains as a confident Clinton bested her rival in the 90-minute showdown, but in Europe the gains were short-lived ...
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Saudi stocks drop most after kingdom cuts pay, bonuses
Bloomberg Saudi Arabian stocks fell more than any other market in the world as the kingdom announced fresh measures to narrow the budget gap. Not a single stock rose on the Tadawul All Share Index, which retreated 3.8 percent on Tuesday, the most since for a single session since January. The hotel and media indexes were the biggest decliners ...
Read More »Tough times for cranberry growers
ROCHESTER / AP All is not well in cranberry country this harvesting season, the 200th anniversary of the world’s first known commercial cultivation. In the birthplace of the industry, many Massachusetts growers whose families have tended bogs for generations are in “dire straits,†facing challenges that include rising production costs, decreasing crop values, changing consumer habits and increasing competition ...
Read More »Metal detectors for beachcombing
Rio de Janeiro / DPA Carlos Saman is a 54-year-old library employee in the city of Nilopolis, not far from Rio de Janeiro, but oftentimes you will find him sifting Copacabana’s sandy beaches, hunting for treasure. Not pirate treasure, but the valuable objects that beach-goers drop. Very early on a recent morning on the beach, Saman and his 31-year-old ...
Read More »FinTech sector sees robust growth in Middle East
Dubai / Emirates Business According to a new report by The Boston Consulting Group (BCG), FinTech companies in the GCC now account for 7% of all FinTech business in the Middle East and Africa region. Taking on the successful business models of the United States of America (USA), payment solutions account for approximately 40% of all FinTech business in ...
Read More »Award for Emirates Airline Festival of Literature
Dubai / Emirates Business The Emirates Airline Festival of Literature picked up another accolade on Tuesday, winning Best Family Friendly Day Out at the Time Out Dubai Kids Awards 2016. Isobel Abulhoul, OBE, CEO and Trustee of the Emirates Literature Foundation and Director of the Emirates Airline Festival of Literature, accepted the Award. ‘We could not be prouder of ...
Read More »Sharjah Public Library celebrates Arabic calligraphy
Sharjah/ Emirates Business The Arabic script is well-known in the world for its beauty and elegant intricacies. Arabic calligraphy, the artistic practice of handwriting based on the Arabic alphabet has been seen in important texts. The Sharjah Public Library (SPL) — a Sharjah Book Authority (SBA) subsidiary — recently organised a workshop focusing on the promotion of Arabic Calligraphy, ...
Read More »New tool to promote business growth
Dubai / Emirates Business Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth, has announced that its customers will benefit from a new release of its popular Epicor iScala ERP (enterprise resource planning) solution. The iScala solution is designed for the worldwide divisions and subsidiaries of multinational corporations and local or regional companies that ...
Read More »GITEX Shopper to showcase world’s top 2-in-1 convertibles & laptops
Dubai/ Emirates Business With their functionality, flexibility and mobility, 2–in–1 convertible laptops are one of the fastest growing devices in the industry according to PCMag, and GITEX Shopper will be showcasing the latest models when it opens next month. Taking place from 1 – 8 October at Dubai World Trade Centre (DWTC) the region’s largest consumer IT and electronic ...
Read More »â€˜Pokemon Go’ fervour has cooled, but game isn’t dead yet
NEW YORK / AP Does “Pokemon Go†have a second act? The mobile phone app was an instant hit when it debuted in July. Crowds stampeded after a Vaporeon in Central Park and people fell off cliffs playing it in California. At an Apple event on Sept. 7, Niantic CEO John Hanke said 500 million people had downloaded the ...
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