Bloomberg Ikea, the world’s biggest furniture retailer, has selected asset manager Pradera as the lead bidder to buy 27 European retail parks surrounding its stores, according to a person with knowledge of the matter. Pradera has offered about 1 billion euros ($1.1 billion) to buy the assets which are being sold through broker Cushman & Wakefield Inc., the person ...

  AP As thousands of commercial drones take to the skies under new Federal Aviation Administration rules, some small operators are pursuing a coveted exemption that would allow them to fly their drones where they can’t be seen by the pilot. The companies who want them say the so-called line-of-sight exemptions are essential to someday use drones for such tasks ...

    Abu Dhabi / Emirates Business Organisations in the oil and gas industry must adapt to an increasingly interconnected energy landscape by taking a streamlined and coordinated approach to security, urge UAE and international experts. The promise of emerging technology brings with it a growing concern of data and infrastructure protection within the industry, which has proven to be ...

  Sharjah / Emirates Business Over 3,100 participants from 137 countries, including the Sharjah Libraries delegation from Sharjah Book Authority (SBA), attended the 82nd IFLA World Library and Information Congress (IFLA WLIC) — the annual flagship conference of the International Federation of Library Associations (IFLA) — held in Columbus, Ohio, USA. Over the course of its visit, the Sharjah Libraries ...

  Sharjah / Emirates Business The judging panel for the 8th edition of the Etisalat Award for Arabic Children’s Literature, which will be announced on November 2, has been approved and appointed by the award’s management. Organised by the UAE Board on Books for Young People (UAEBBY), and sponsored by the Emirates Telecommunication Corporation (Etisalat Group), the jury comprises five ...

  DPA Joern and Tammo Glaeser are out on a shoot – taking still photos, film and drone footage. Judging by their equipment, anyone might think they were making a music video. But the brothers’ cameras are trained not on a pop star, but on a tractor with a short disc harrow. “This is a Fendt 939 Vario, only just ...

  AFP At a hostel for dozens of pregnant women, impoverished widow Sharmila Mackwan weighs up her decision to carry twins for another couple — her only ticket out of poverty — as the government moves to close India’s multi-million dollar surrogacy industry. She has left her own children at an orphanage for the whole nine months of her pregnancy ...

  Bloomberg OPEC may convene an extraordinary meeting if the group’s ministers reach a consensus on oil markets at an informal gathering next week in Algiers, Secretary General Mohammed Barkindo said, according to Algeria’s official news agency. Barkindo said he is “optimistic” about the informal session in Algiers to be held Sept. 27 on the sidelines of a conference of ...

  Bloomberg Oil speculators headed for the sidelines as OPEC members prepare to discuss freezing output in the face of signs the supply glut will linger. Money managers cut wagers on both falling and rising crude prices before talks between OPEC and other producers later this month. The meeting comes after the International Energy Agency said that the global oversupply ...

  Bloomberg Oil rebounded from the lowest close in more than a month after clashes halted what would be the first crude shipment from Libya’s Ras Lanuf export terminal since 2014. Futures rose as much as 2.1 percent in New York after losing 2 percent on Friday. The tanker Seadelta suspended loading after fighting started Sunday between local Petroleum Facilities ...