Bloomberg Tension inside the Italian government mounted over the weekend as Italy’s League widened its lead in public support over its partner in the populist coalition. Giancarlo Giorgetti, a League member and key aide to leader Matteo Salvini, warned that the government could be at risk of falling apart if the parties focus only on polling results, according to an ...
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S Korea must find fix to WWII labour case, says Japan’s Kono
Bloomberg Japan’s top diplomat says it is up to South Korea to resolve forced labour claims looming over dozens of Japanese companies that are threatening to upend ties between the two neighbours. Foreign Minister Taro Kono said in an interview that the South Korean Supreme Court’s decision ordering a Japanese company to pay compensation to people forced into its service ...
Read More »China critic’s Hong Kong art show cancelled after threat
Bloomberg A Hong Kong exhibition featuring an artist critical of China — as well as the band Pussy Riot and former protest leader Joshua Wong — has been cancelled because of “threats†by the Chinese authorities, the organier said. “The decision follows threats made by the Chinese authorities relating to the artist,†the organiser, Hong Kong Free Press, said in ...
Read More »Berkshire Q3 profit surges as Buffett’s insurers weather storms
Bloomberg Berkshire Hathaway Inc.’s insurers dodged the worst of losses caused by Hurricane Florence as the businesses kept up their rebound from a rough 2017. The company’s operating profit doubled last quarter, capitalising on trends ranging from more train traffic on its railroad to a surge in demand for electronic components. The biggest boost came from the insurance division, where ...
Read More »Apple shares slide amid concerns of slowing iPhone demand
Bloomberg Apple Inc. shares had their worst day since 2014 amid concerns that growth in its powerhouse product, the iPhone, is slowing. In the fiscal fourth quarter, Apple said iPhone unit sales barely grew from a year earlier, even though new flagship devices came out in the period. At the same time, Apple said it would stop providing unit sales ...
Read More »US payrolls beat forecast as wage gains hit 3.1%
Bloomberg American workers enjoyed the biggest leap in pay since 2009 as job gains topped forecasts and the unemployment rate held at a 48-year low, a boost for President Donald Trump ahead of midterm elections and reason for the Federal Reserve to keep raising interest rates. Nonfarm payrolls rose 250,000 after a downwardly revised 118,000 gain, a Labour Department report ...
Read More »Lunch of KhalifaSat a turning point in the history of the UAE
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Saturday received the Emirati engineering team who helped design, build, and launch KhalifaSAT into orbit, ...
Read More »Sharjah crowned Accessible City for Physically Disabled
Sharjah / WAM In yet another proud global recognition of its reputation as a humane and people-friendly Emirate, Sharjah was formally crowned the “Accessible City for the Physically Disabled†by the World Federation of the Disabled during the World Cities Day at the United Nations (UN), in New York. The title was conferred on Sharjah at a special ceremony at ...
Read More »Sharjah-India roundtable talks focus on investment prospects
Sharjah / Emirates Business Sharjah FDI Office (Invest in Sharjah), the investment promotion agency dedicated to the continued transformation and economic diversification of Sharjah, organised the Sharjah-India Business Roundtable on the side-line of the second day of Indian-UAE Partnership Summit at the Atlantis The Palm, Dubai, as part of India’s continued interest in the emirate’s diversified economy. The roundtable focused ...
Read More »Sultan Al Qasimi allocates AED4.5mn for Sharjah’s libraries
Sharjah / WAMÂÂÂÂÂ His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has allocated AED4.5 million to purchase the latest publications of the participating publishers at the 37th Sharjah International Book Fair (SIBF 2018). The gesture is a continuation of HH’s constant approach to support the book industry and publication houses with the ...
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