Facebook collects less than the 5 percent of the $500 billion spent on advertising each year. For Facebook to achieve the deepest, darkest dreams of Mark Zuckerberg, the company must become the first one that dominates both the kind of precision ads that built Google and the emotional ads that made TV the world’s dominant marketing force. Facebook has ...

  It has been a good few months for Wall Street debt traders. Credit-trading profits surged in the three months ended June 30. And based on recent market activity, fixed-income revenues are still coming in strong. Consider that US investment-grade and high-yield bond trading volumes have risen to record levels since the beginning of July compared with previous periods. The ...

  Israel has deployed a new strategy to hamper aid works in Gaza. It has been levelling myriad accusations against international NGOs and aid workers to make Gazans’ life more miserable. Israel accused that one of United Nations Development Programme (UNDP) staff helped Hamas fighters in Gaza. Israel charged engineer Waheed Borsh with diverting aid to Hamas, particularly by using ...

  Sharjah / WAM Air Arabia (PJSC) on Thursday announced strong financial results for the first half of 2016 ending June 30, 2016, reporting a net profit of AED245 million for the first half of 2016 ending June 30, 2016, an increase of 3.5 percent compared to the AED237 million reported for the same period last year. The Middle East and ...

  Dubai / WAM Waha Capital has reported a net profit of AED305.9 million for the first half of 2016. Earnings were driven by solid performance across the business and, in particular, by key investments in Waha Capital’s Principal Investments division and a robust performance from the company’s capital markets portfolio. The company’s asset management division experienced a rise in income, ...

  SHRAJAH / WAM A delegation from the Sharjah Environment and Protected Areas Authority (EPAA) has returned from a week-long visit to The Netherlands and Spain. The visit was part of a research and knowledge-share mission regarding best practices for the conservation of indigenous wildlife and the protection of animals in captivity (zoos). It was also part of the EPAA’s ongoing ...

Dubai / WAM A delegation from the Roads and Transport Authority (RTA) recently visited the Dutch capital Amsterdam, and the German city Stuttgart to get familiarised with the experience of the two cities in smart mobility and autonomous driving. The move is part of the smart mobility strategy aimed at converting 25 percent of total mobility journeys in Dubai into self-driving ...

  Dubai / WAM The Dubai Health Authority (DHA) discussed on Thursday ways of stroke prevention during its smart clinic. Dr. Suhail Al Rukn, stroke and neurology Consultant and head of stroke unit at Rashid Hospital, said: “ Stroke awareness in the UAE is particularly important. Fifty per cent of the stroke patients in the UAE are below the age of ...

  Bloomberg The European Central Bank may need to rely more on asset purchases for monetary stimulus as its negative interest rates approach the limit of their effectiveness, economists at the International Monetary Fund (IMF) said. While negative rates in the euro area have successfully eased financial conditions for banks and their customers — spurring a modest credit expansion that supports ...

  Bloomberg New Zealand’s dollar surged to the highest level since May 2015 after traders deemed the central bank’s decision to cut borrowing costs was insufficiently dovish amid the global ardor for yield that’s been spurred by unprecedented global monetary easing. The Aussie and kiwi dollars have gained at least 0.5 percent this month as their central banks reduced benchmark ...