Paris / AFP French President Francois Hollande, German Chancellor Angela Merkel and Italy’s Prime Minister Matteo Renzi will meet in August for a summit on Britain leaving the EU, the French presidency said on Wednesday. On the day that Theresa May takes over as the post-referendum British prime minister, French government spokesman Stephane Le Foll said “a summit or meeting” ...

  Ankara /AFP France on Wednesday said it had closed its embassy in the Turkish capital Ankara and its consulate in Istanbul until further notice for security reasons, after cancelling events to mark the July 14 Bastille Day holiday. “The Embassy of France in Ankara, as well as the Consulate General in Istanbul will be closed from Wednesday July 13, ...

  Dallas, United States / AFP President Barack Obama implored Americans of all races to show more unity and understanding as he addressed an emotional memorial for five slain policemen in Dallas. The president, accompanied by First Lady Michelle Obama, leaned heavily on scripture as he ministered to a country stunned by gun violence and torn asunder by race and ...

  Bloomberg Wherever you look in global financial markets, signs are emerging that the fallout from Britain’s vote to leave the European Union is under control. Global stocks rose a fifth day, reclaiming almost $4 trillion in value lost in the days following the U.K.’s referendum as speculation grows that central banks will boost stimulus at the same time signs ...

  LONDON / Reuters U.K. coffee drinkers should brace to pay more for their morning fix as domestic roasters start to pass on increased import costs after Britain’s Brexit vote. London’s small-scale producers, who help supply the capital’s taste for a quality roast, are facing a steep rise in the price of coffee beans after the pound slumped to the ...

  DUBAI / Reuters Gulf stock indexes benefited from fund inflows into emerging markets on Wednesday, with all advancing for a second day, as central banks in major global markets signalled the prospect of further economic stimulus. The Bank of England is due to have its first post-Brexit policy meeting on Thursday, where analysts are expecting the central bank to ...

  DUBAI / Emirates Business Dubai Chamber Sustainability Network in partnership with Dulsco organised the ‘Open Source Circular Economy’ Days. Dubai is the only city in the region to be part of ‘OSCE Days’ among 70 other global cities. Industry experts from Dubai shared best practices with regard to efficiently recycling resources, collaborating with peers and thereby creating a new ...

    RITIKA SHARMA / Emirates Business The recent partnership of Neon Energy — a leading global provider of green energy solutions — and Dubai-based Al Fajer Group is successfully providing affordable integrated solutions in the renewable energy and energy efficiency sectors, the company CEO affirms. According to the top executive, this partnership is expected to make huge contributions in ...

  DUBAI / Emirates Business UAE-based LiFi Company, Zero.1 is in the final development stages for HEALTHCARE4U, a revolutionary management system for the healthcare sector. The UAE healthcare market is projected to reach $19.5 billion (Dh71.56 billion) by 2020, achieving an annual average growth of 12.7 per cent, marginally higher than the GCC growth average. Light Fidelity (LiFi) is a ...

  Emirates Business UAE-headquartered hospitality company, TIME Hotels Management, has added another environmental accolade to its achievements with the announcement of its first Green Key status for all hotels and hotel apartments across the hospitality groups’ portfolio. A leading international standard of excellence in the field of environmental responsibility and sustainable operation within the tourism industry, the Green Key award ...