Uncategorized

Spain digs in with Brexit threat as Gibraltar overshadows meet

Bloomberg A row between Spain and the UK over the British territory of Gibraltar threatened to overshadow a European Union summit aimed at endorsing Theresa May’s Brexit deal. Spanish officials said Prime Minister Pedro Sanchez might not attend the gathering in Brussels on Sunday unless he gets guarantees first about how the disputed territory will be treated after Brexit. It’s ...

Read More »

US urges allies to avoid using Huawei equipment, says WSJ

Bloomberg The US government is contacting key allies to get them to persuade telecommunications companies in their countries to avoid using equipment from China’s Huawei Technologies Co., the Wall Street Journal reported. Officials from the US have reached out to counterparts and executives in countries including Germany, Italy and Japan about perceived cybersecurity risks, the Journal said, citing unidentified people ...

Read More »

Apple defends iPhone app fees as court weighs consumer suit

Bloomberg Simplicity is supposed to be a selling point for Apple Inc’s iPhone. It may be a problem at the US Supreme Court. The court will hear arguments on Monday on accusations that Apple is using its market dominance to jack up prices for iPhone apps. A ruling against Apple, letting a lawsuit go forward, could add to pressure the ...

Read More »

BT faces backlash over restructuring

Bloomberg BT Group Plc’s restructuring is starting to bite, with workers accusing the British telecom company of betrayal as it cuts thousands of jobs and sweeps away layers of management. Chief Executive Officer Gavin Patterson began to overhaul the world’s oldest phone company in June, under pressure to revive profits and a moribund share price. The changes involve 13,000 layoffs ...

Read More »

Venezuela GDP sinks 17% in 2017

Bloomberg Preliminary figures compiled by Venezuela’s central bank indicate that the crisis-wracked nation’s economy contracted 16.6 percent in 2017, according to two people with direct knowledge of the estimates. For the first time since 2016, the bank is preparing a raft of macroeconomic indicators for International Monetary Fund (IMF) to avoid sanctions including a possible expulsion from lender. Bank technicians ...

Read More »

Mohamed, French president discuss stronger relations

Paris / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has emphasised that the UAE and France are partners in the fight against extremism and terrorism, support values of tolerance, promote dialogue, interaction and coexistence among peoples, civilisations and cultures, reject intolerance and hatred, and ...

Read More »

UAE tops Mena region in fighting illicit trade: Ministry

Abu Dhabi / WAM The UAE is a safe haven not just for individuals but for businesses as well, thanks to its robust regulations and strict implementation of laws for protecting copyrights and fighting all kinds of illicit trade, said Sultan bin Saeed Al Mansouri, Minister of Economy. Addressing the 5th International Trade Development Week here, the minister said that ...

Read More »

Etihad wins Fatima Bint Mubarak Award

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, has received the prestigious Fatima Bint Mubarak Award for Motherhood & Childhood in the category of ‘Best Initiative in the Support of Mother and Child’s Healthy Lifestyle’ for its Flying Nanny programme, which was announced at the Emirates Palace. The award ceremony marked International Children’s day on ...

Read More »

Expo 2020 Dubai introduces new platform to drive business growth

Dubai / WAM Companies from around the world can unlock business opportunities, forge international partnerships and drive growth by registering on Expo 2020 Dubai’s new global Online Marketplace (OMP). The free-to-use platform forms part of Expo 2020’s commitment to create a long-lasting economic impact by supporting companies of all sizes, especially small and medium-sized enterprises (SMEs), in line with its ...

Read More »
Send this to a friend