News

  Bloomberg Thousand of Google employees staged protests over President Donald Trump’s executive order on immigration, revealing rising tension between the technology industry and new administration. More than two thousand employees of Google parent Alphabet Inc. participated across several offices. At Google’s Mountain View, California, headquarters, Chief Executive Officer Sundar Pichai and co-Founder Sergey Brin — both immigrants — spoke ...

  Bloomberg US college endowments suffered their biggest loss since the financial crisis, dragged down by global stocks, hedge funds and natural resources, according to an industry survey released Tuesday. The 1.9 percent average loss reported by the National Association of College and University Business Officers and money manager Commonfund in Wilton, Connecticut, for the year ended June 30, compared ...

  Bloomberg For years the oil industry has appealed to the executive branch and courts to de-fang a US rule forcing Exxon Mobil Corp., Chevron Corp. and other producers to disclose their payments to foreign governments. Now, the Republican takeover in Washington is handling it for them. The House of Representatives is set to vote this week on killing a ...

  Bloomberg Offshore gas-pipeline owners faced off again with Norway in an Oslo court on Tuesday in an appeal trial over tariff cuts that investors claim will cost them about $1.8 billion in income. The plaintiffs, companies owned by investors including Allianz SE and Canadian pension funds, are seeking to overturn a 2015 ruling that the government had acted lawfully ...

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Sunday night a telephone call from United States President Donald Trump, during which they explored ways of enhancing bilateral ties of friendship and cooperation. His Highness Sheikh Mohamed bin Zayed valued ...

  AL AIN / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, attended graduation ceremony of the 41st batch of graduates at the Zayed II Military College in Al Ain. The ceremony began upon the arrival of His Highness at the college headquarters. Following the playing of the ...

  DUBAI / WAM If GCC states increase private sector involvement in their economies, they could avoid $165 billion in capital expenditures by 2021, says a study by management consultancy Strategy& (formerly Booz & Company). According to the study issued by the Ideation Center, the leading think thank for Strategy& in the Middle East, they could also generate $114 billion ...

  ABU DHABI / WAM Heads of space agencies, executives from leading space and aviation companies, government ministers and prominent academics and researchers gather on Tuesday in Abu Dhabi for the Global Space Congress. The Arab space experts will also gather under one roof to discuss ways of strengthening joint cooperation between Arab states in the space sector. The international ...

  ABU DHABI / WAM The 11th edition of the Recruitment Show, Tawdheef Abu Dhabi, was launched on Monday, under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development. The three-day fair at the Abu Dhabi National Exhibition Centre was inaugurated by Hussain bin Ibrahim Al Hammadi, Minister of Education. Also in attendance was ...

  Dubai / WAM The Ministry of Economy on Monday signed an agreement and a Memorandum of Understanding with two government institutions to sustain its successes and accelerate growth in patent registrations. The agreement was signed with the Telecommunications Regulatory Authority (TRA) represented by the ICT Development Fund (ICT-DF) to finance the registration of additional 200 patents in information and communications ...