Abu Dhabi / Emirates Business This summer, get ready to witness pre-historic times come to life with your entire family in Abu Dhabi, as dinosaurs resurrect like you have never seen before in the internationally-acclaimed “Dinosaur Zoo Live†show, taking place from July 7-9 at Emirates Palace. The interactive show, which has toured around the world and featured in ...
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Etihad Airways hosts charity iftar for labourers
Emirates Business In line with the spirit of caring and sharing during the holy month of Ramadan, Etihad Airways, the national airline of the United Arab Emirates, hosted a charity Iftar for 5,000 labourers at the Workers Village in Mussafah, Abu Dhabi. Etihad Airways’ employees and leadership contributed generously, purchasing thousands of Iftar vouchers for the labourers’ meals. The ...
Read More »TransCanada files $15bn NAFTA claim on Keystone XL rejection
Bloomberg TransCanada Corp. is seeking to recoup $15 billion for the Obama administration’s rejection of the Keystone XL oil pipeline, in a legal claim that highlights how foreign companies can use trade deals to challenge U.S. policy. The Calgary-based pipeline operator filed papers late Friday seeking arbitration under the North American Free Trade Agreement, arguing that TransCanada had every ...
Read More »Big American firms weigh risks from Britain’s exit from EU
Washington / AFP Rattled by the Brexit shock, major US companies are seeking more clarity about the future of the British market, their preferred entry port to Europe. From clothing chain stores to automakers, the big names of “Corporate USA†have long flocked to Britain, attracted by its tax advantages and a common language, and by the prospect of accessing ...
Read More »Univision’s bet on Copa America soccer brings 100% return
Bloomberg Univision has sold $135 million in advertising for the Copa America Centenario, almost double the $70 million it paid to broadcast the international tournament. The Spanish-language channel has recorded 20 percent more ad revenue than anticipated, according to Juan Carlos Rodriguez, president of Univision Deportes. While Chile meets Argentina in Sunday’s final at Met Life Stadium in New ...
Read More »Newly expanded Panama Canal opens for bigger business
AFP Panama is preparing to officially open its canal shortly to far bigger cargo ships after nearly a decade of expansion work aimed at boosting transit revenues and global trade. A VIP ceremony will be held on the banks of the canal to inaugurate the completion of the works. President Juan Carlos Varela will unveil the new locks and ...
Read More »Canadian Natural fined for environmental breaches
Bloomberg Canadian Natural Resources Ltd., the nation’s largest heavy-oil producer, was fined C$500,000 ($384,500) for breaching environmental laws in 2010 and 2012. The company was penalized C$350,000 for an incident on May 28, 2010, at its Horizon facility when the plant’s sulfur-recovery unit failed and hydrogen sulfide escaped, the Alberta government said in a statement Friday. It had reported ...
Read More »Monsanto-Argentina seal GMO pact, end soybean strife
Bloomberg Monsanto Co. and Argentina announced an agreement for the collection of royalties for genetically modified soybeans, ending years of dispute between the world’s largest seed company and the third-largest grower of the crop. “The state will have full control of seed commercialization in order to ensure private companies like Monsanto will be able to collect royalties payments,†Agriculture ...
Read More »Bitcoin buyers seek haven from British pound
Bloomberg Demand surged for bitcoin as a safe haven from the British pound, which plummeted after the UK voted to leave the European Union. The pound fell to its lowest in more than 30 years, driving demand for assets such as US Treasuries and gold. Stocks and bonds also fell, amid concerns that the UK’s exit from the European ...
Read More »SDG organises session on happiness for Dubai society
Dubai / Emirates Business Smart Dubai Government Establishment (SDG), in co-operation with a number of its strategic partners in government entities, has organized a brainstorming session titled “Challenges of connected services” as part of its innovative activities and its efforts for developing government shared services, which are offered in partnership or collaboration with several government entities to ensure sustainable ...
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