News

Bloomberg Canada’s economy posted its second-straight surprise job surge, making the labour market a lone bright spot for an economy in the middle of a sharp slowdown. Employment increased by 55,900 in February, all full-time jobs, Statistics Canada said in Ottawa, building on a 66,800 gain in January. The two-month gain is the best start to a year since 1981. ...

Bloomberg Spotify Technology SA and other technology giants appealed a ruling that increased the royalties they must pay to songwriters, a move that threatens to further damage the companies’ already-tenuous relationship with the music industry. Songwriters celebrated last year when the Copyright Royalty Board ruled that they will get at least a 15.1 percent share of streaming revenues over the ...

Bloomberg The command center at the Otto Junker GmbH metals plant stands in sharp contrast to the noisy and smelly factory floor, where until just a few weeks ago workers operated various machines individually. The new digs are quiet, there’s no oil stench, and there’s even room for a coffee maker. The downside? The control room boss may end up ...

DUBAI / WAM In 2018, Dubai external trade through the Dubai Creek made AED14.54 billion ($3.96 billion) (AED13 billion in re-exports, AED1.246 billion in exports, and AED328 billion in imports), according to Dubai Customs chief. Dubai Customs always provides support to the maritime sector towards a more diversified economy in line with the Dubai Plan 2021. This helps in facilitating ...

Bloomberg Opec crude oil shipments to the world’s largest economy sank to a thirty-year low as part of an effort by the cartel and its allies to balance supplies and counteract America’s shale boom. Opec supply cuts that started in 2017 were extended in 2018. The end result was Saudi Arabia cutting exports to the US by 9 percent to ...

Dubai / Emirates Business Al Habtoor Motors the exclusive distributor of Mitsubishi Motors in the UAE, has launched the much awaited all-new 2019 L200 pick-up truck at Habtoor Grand Resort. The exciting unveiling was attended by motoring enthusiasts, members of the media, fleet & business customers and top management of Al Habtoor Motors and representatives from Mitsubishi Motors Middle East ...

Abu Dhabi / Emirates Business Under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council, Bett Middle East and Africa region (MEA) is back with a two-day education technology summit and expo in partnership with Abu Dhabi Department for Education and Knowledge (Adek) and in collaboration with their Worldwide Partner ...

SHARJAH / WAM The International Government Communication Forum (IGCF 2019), will launch the first-ever Researchers Platform offering information and academic content related to government communication, during its upcoming edition, slated to take place from March 20-21, at Expo Centre Sharjah. The Researchers Platform, an initiative by the International Government Communication Centre (IGCC), will feature academic and knowledge activities that highlight ...

ABU DHABI / WAM The UAE Ministry of Interior (MoI), announced that the Ninth International Exhibition for National Security and Resilience (ISNR Abu Dhabi 2020) will run from March 17-19, 2020 at the Abu Dhabi National Exhibition Centre (Adnec). At an exclusive reception for the national security and cybersecurity community at Aloft Abu Dhabi, the announcement was made in the ...

DUBAI / WAM The Dubai Roads and Transport Authority (RTA), announced that the construction progress rate of the entire Route 2020 Project, which is the extension of the Red Line of Dubai Metro to Expo 2020 site, reached 70 percent. The line extends 15km from Nakheel Harbour and Tower Station (11.8km of elevated track, and 3.2km of the underground track). ...