Bloomberg The engineer who was fired by Google after he criticised its diversity policies claims in a lawsuit that he and others at the internet giant were harassed over their conservative political views. James Damore filed a class-action complaint after setting off a firestorm in August with a 10-page memo blasting Google’s “left bias†for creating a “politically correct monoculture.†...
Read More »Uncategorized
May’s weakness resurfaces as cabinet reboot falls into chaos
Bloomberg UK Prime Minister Theresa May’s attempt to give her government a 2018 reboot was marred by a chaotic cabinet reshuffle as senior ministers refused to follow her orders. It’s a development that bodes ill for her ability to successfully navigate the next, even trickier stage of Brexit talks. May’s office flagged the events as “a refresh†of her top ...
Read More »VP, Mohamed briefed on latest activities of Strata
Al Ain / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of 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, received a delegation from Strata Manufacturing at Qasr Al Maqam in Al Ain on Monday. ...
Read More »Maktoum meets HSBC’s CEO designate John Flint
Dubai / WAM His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre, on Monday received John Flint, the newly appointed Executive Director and Group Chief Executive of HSBC Group, who was accompanied by his predecessor Stewart Gulliver. Sheikh Maktoum welcomed Flint, who will assume his duties in ...
Read More »Etihad Airways, Emirates ink deal on aviation security
DUBAI / Emirates Business Emirates Group Security and Etihad Aviation Group (EAG) signed a Memorandum of Understanding (MoU) for cooperation in aviation security. The MoU was signed by Sir Tim Clark, President Emirates Airline, and Tony Douglas, Group Chief Executive Officer of Etihad Aviation Group, in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief ...
Read More »Emirates makes travel attractive with low fares
Dubai / Emirates Business Emirates is making it even more attractive for travellers to enjoy new destinations and experiences in this year. For a limited time, travellers can avail special offers on Economy and Business class fares to a wide range of cities across the globe. Bookings have to be made between January 8-22, for travel between January 12 to ...
Read More »$45,000 SUV with smartphone’s ease shows China’s ambitions
Bloomberg A $45,000 electric SUV using facial recognition to unlock doors, Amazon’s Alexa to entertain and a 49-inch screen across the dashboard may be a harbinger of driving’s future. It also shows what China’s doing to grab that business now as the government pushes gas guzzlers off its roads. Byton, a Nanjing-based company started by former BMW AG executives, became ...
Read More »China property stocks soar on sales optimism
Bloomberg A clear winner is emerging among Chinese equities this year, whether in Hong Kong or Shanghai: real estate. Property firms account for eight of the 10 best performers on MSCI Inc.’s gauge of offshore Chinese shares in January, while developers have rallied the most among industry groups on the Shanghai benchmark. Shimao Property Holdings Ltd. has led the charge ...
Read More »Novo Nordisk goes public with $3.1bn bid to pressure Ablynx
Bloomberg Danish drugmaker Novo Nordisk A/S made its largest takeover offer ever, an unsolicited 2.6 billion-euro ($3.1 billion) bid for Belgium’s Ablynx NV, to beef up its lesser known blood-disorder unit and rekindle growth. The offer for Ablynx signals a higher appetite for deals at the world’s biggest maker of diabetes medicines. After taking the reins, CEO Lars Fruergaard Jorgensen ...
Read More »German factory orders slump in 2017 but economy continues upward trend
Bloomberg German factory orders fell in November 2017 as demand for investment goods dropped, though the Economy Ministry said the trend remains upward. Orders, adjusted for seasonal swings and inflation, slid 0.4 percent after a revised 0.7 percent gain in October, the ministry said on Monday. While the decrease snapped three month of gains, the number is typically volatile and ...
Read More »