Blog List Layout

Portugal opts for refugees to revive population

Lisbon / AFP Traditionally a country of emigration, Portugal has offered to take up to 10,000 migrants from countries struggling to cope with the influx, to help maintain its own population. Portugal’s socialist premier Antonio Costa last week sent letters to Austria, Greece, Italy and Sweden—countries that have seen refugees arrive in large numbers—offering to welcome up to 5,800 more ...

Read More »

Houston investor linked to $1million Cruz Super-PAC donation

Bloomberg Wil VanLoh, a Houston private-equity manager, has links to a $1 million contribution to a group supporting Ted Cruz’s presidential bid. The group, Stand for Truth, disclosed today that it received $1 million in January from a Houston company identified as Trinity Equity. Trinity shares an address with Quantum Energy Partners, a private-equity firm VanLoh runs with $9 billion ...

Read More »

VP meets Chairman of Nobel Foundation

DUBAI / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Sunday received Professor Carl-Henrik Heldin, Chairman of the Board of the Nobel Foundation, who took part in the opening ceremony of the second edition of the Nobel Museum Exhibition 2016, in Children’s City at Dubai Creek Park. The exhibition ...

Read More »

ADNEC contributes AED3.47bn to GDP

ABU DHABI / WAM Abu Dhabi National Exhibitions Company (ADNEC) announced that its impact on the Abu Dhabi economy in 2015 surged by 26% to AED3.47 billion from AED2.76 billion in 2014. This follows a 13% growth in the number of events hosted by Abu Dhabi National Exhibition Centre and Al Ain Convention Centre (AACC), which collectively hosted a total ...

Read More »

UK PM appeals to London Mayor on crucial EU deal

London / Bloomberg Prime Minister David Cameron started selling his deal on Britain’s membership in the European Union to voters with a direct appeal to Boris Johnson, the last senior figure in his Conservative Party still to declare which side he’ll join in the campaign. “I would say to Boris what I say to everybody else, which is that we ...

Read More »

Uganda re-elects Museveni amid concern over vote credibility

Bloomberg Ugandan President Yoweri Museveni was re- elected for a fifth term, extending his 30-year rule over the East African nation in polls marked by opposition arrests and international concern over the vote’s credibility. The former guerrilla commander won 60.75 percent of Thursday’s vote, renewing his mandate to govern the continent’s biggest coffee exporter as it plans oil production in ...

Read More »

10 Killed in caste riots in north India

Rohtak / Afp Ten people have died in caste protests which triggered widespread arson and looting in a north Indian state, police said on Sunday, as New Delhi faced a water crisis after mobs shut down a key supply. Thousands of troops with shoot-on-sight orders were deployed on Saturday in Haryana state, a day after week-long protests turned violent with ...

Read More »

Car bombs kill 57 in Homs

Beirut / AFP Double car bomb attacks killed at least 57 people in Syria’s central city of Homs on Sunday as international efforts to bring about a ceasefire in the war-torn country floundered. More than 100 people were injured in the twin bomb attacks in the Al-Zahraa district, according to the Britain-based Syrian Observatory for Human Rights monitor. Syrian state ...

Read More »

Erdogan: Strikes on Syrian Kurds ‘legitimate defence’

Ankara / AFP Turkish President Recep Tayyip Erdogan has defended his country’s fight against Kurdish fighters in Syria as “legitimate defence”, after international powers urged Ankara to rein in its cross-border bombardments. Turkey has been shelling targets in northern Syria for the past week in a bid to stem the advances of a Kurdish-led coalition that has seized territory in ...

Read More »

HK realtors under pressure to cut prices amid slowdown

Hong Kong / Bloomberg Hong Kong’s developers, who are throwing in enticements from iPhones to wine coupons in response to the slowest home sales in 25 years, might be running out of gimmicks to stoke demand. Most buyers aren’t biting as property analysts predict prices will fall as much as 25 percent this year after declining 11 percent since September. ...

Read More »
Send this to a friend