WASHINGTON Brexit is winning — that is, Britain’s exit from the European Union. As the June 23 referendum approaches, public opinion has swung toward “Leave” the EU as opposed to “Remain” in the EU. This has fueled anxieties about the global economy and the fate of Europe. Brexit could compound economic pessimism, leading to a selloff in stock markets ...

  As the June 23 referendum vote approaches, the polls show the Leave campaign is edging the Remain camp amid international angst that UK’s exit from the EU would have a negative impact on the bloc and global economy as well. Polls ahead of the British vote saw stocks and the pound dropping after four polls put the Leave campaign ...

  Ramesh Ponnuru A lot of people who want tighter gun control blame the US Supreme Court for standing in their way. In 2008, a 5-4 majority read the Second Amendment to protect an individual’s right to own guns. That decision, writes Fareed Zakaria, “has made common-sense regulation of guns much harder” and contributed to America’s high gun-homicide rate. The ...

  Cal Wong SPECIAL TO EMIRATES BUSINESS Over the past two years, Chinese firms have been snapping up stakes in big name global sports teams including Inter Milan, Atletico de Madrid, The World Triathlon Corporation and its Ironman brand, Manchester City, and Yokohama Marinos, to name a few. But what is driving this rush in sports investments? The government is ...

  Sunaina Rana / Emirates Business As digitalisation penetrates into almost every sector around the globe, companies in the MENA region are leaving no stone unturned to grab their space in the online world. Google Analytic estimates that MENA consumers are now relying more on their brands’ digital messages than before, to guide them through a purchase journey. It points ...

  ALKESH SHARMA / Emirates Business In a bid to tackle the crisis situation hovering over the Middle East’s mobile phone industry, vendors have strategically shifted their focus to low to mid-range devices. To beat the market plummet, they are offering consumers mid-range mobiles, falling in the price bracket of AED500 to AED800. Market reports say that most of the ...

  DUBAI / Emirates Business Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, underlined the measures that can be adopted to improve air quality and the role of Volatile Organic Compounds (VOCs) in adversely impacting green building design at its recent Networking Seminar. The discussion on ‘What’s in ...

  Sharjah/ Emirates Business Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, has announced that just days after announcing their availability for sale, land plots for the Stage 2 area of Al Saja’a Industrial Oasis have been eagerly snapped up by UAE, GCC, Arab residents and foreign nationals. All buyers being keen to take advantage of ...

    Emirates Business The Telecommunications Regulatory Authority (TRA) launched the initiative, ‘In The Presence of a Book,’ which includes quarterly discussion sessions. Each session will highlight one book published locally and to be discussed in the presence of the book’s author, intellectuals and TRA employees, where attendees will have an open forum with the author. The initiative will be ...

  Beijing / AFP China’s total borrowings were more than double its gross domestic product (GDP) last year, a government economist said, warning that debt linkages between the state and industry could be “fatal” for the world’s second largest economy. The country’s debt has ballooned as Beijing has made getting credit cheap and easy in an effort to stimulate slowing growth, ...