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Abu Dhabi / WAM Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, honoured the 33 authorities, institutions and companies that won the 16th edition of the Sheikh ...

DUBAI / Emirates Business Emirates will resume its flagship A380 service between Houston (IAH) and Dubai (DXB) from June 1. This follows the airline’s recent adjustments to its US services with the launch of a new non-stop Dubai-Newark service from June 1 and the resumption of daily services to Fort Lauderdale and Orlando from March 25. Houston will join more ...

Dubai / WAM The UAE Food bank will collect at the end of the Gulf Food Exhibition the food items that are being displayed at various stalls in the event and distribute them to needy people through authorised charity organisations. The UAE Food bank, which is participating in the Gulf Food Exhibition as part of its activities during the Year ...

Bloomberg General Motors Co. has offered a $2.8 billion new investment plan for its South Korean business after threatening to exit the country amid mounting losses, a lawmaker from the nation’s ruling party said. The investment, being proposed for the next 10 years in South Korea, is needed to produce new models, for research and development, to renovate facilities and ...

Bloomberg In a sign of the times, the organisation that speaks for and champions India’s $167 billion IT services industry will soon get its first female head. Intel Corp. veteran Debjani Ghosh takes over as president of the National Association of Software and Services Companies (NASSCOM) in April—three decades after its formation. After a two-decade career at the US chipmaker, ...

Bloomberg Qualcomm Inc. raised its offer for NXP Semiconductors NV and cut a deal with investors who had been threatening to hold up the transaction— prompting a sharp response from its own hostile suitor Broadcom Ltd. Qualcomm’s sweetened offer of $127.50 a share—16 percent more than the previous price—was enough to secure support from holders, including activist Elliott Management Corp., ...

Bloomberg UK pay is picking up after employment among citizens of the eastern countries that joined the European Union more than a decade ago fell for the first time since 2009. Average weekly earnings excluding bonuses rose 2.5 percent in the fourth quarter from a year earlier, the most since December 2016, the Office for National Statistics said. The overall ...

Bloomberg UK PM Theresa May is asking the European Union for flexibility on the length of the Brexit transition period with just over a year before the country leaves the bloc. The UK has said it wants an implementation period to last around two years, while the European Union has stipulated an end date of December 31, 2020. But the ...

Bloomberg Pro-government forces pounded the rebel-held district of eastern Ghouta outside the Syrian capital Damascus, in a surge of violence that a war monitor said had killed at least 250 people since Sunday night. The Britain-based Syrian Observatory for Human Rights said it was the highest 48-hour death toll in the Syria conflict since a 2013 chemical attack on eastern ...

Sharjah / WAM Sharjah Oasis has announced the completion of Phase 1 construction activities at Sharjah Waterfront City at a value of AED3 billion. The announcement comes as the organisation hands over two power transmission and distribution plants, built with a cost of AED250 million and with its own resources to ensure uninterrupted supply of up to 700 megawatt (MW) ...