Bloomberg North Korean leader Kim Jong-un and South Korea’s Moon Jae-in agreed to hold their third meeting this year, as they seek to preserve a detente tested by disputes between Pyongyang and Washington. The two Koreas announced plans on Monday for Moon to visit the North Korean capital next month, the first such trip since 2007. A joint statement issued ...
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SoftBank to shun Tesla deal as it focuses on other car bets
Bloomberg Speculation about who may or may not finance Tesla Inc. CEO Elon Musk’s audacious plan to take the carmaker private is distracting dealmakers from a normally quiet August spent in the Hamptons or Southern France. As the intrigue enters a second week, with pressure increasing on the billionaire founder to explain how a deal would be funded, one of ...
Read More »Sony’s new super-fast cameras winning over the pros
Bloomberg Nikon and Canon face a threat at the top end of the market Eight seconds. That’s how long a cowboy needs to stay on a bucking bronco to qualify for a rodeo score. For photographers, that’s barely enough time to take just a few blurry, often unusable pictures. “In the past, these images would have been made by pre-focusing ...
Read More »Youth empowerment top priority for UAE: Mohamed
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, has launched the UAE Youth Global Initiative to help Emirati youth unleash their full potential to enhance the country’s reputation and spread awareness of its values, heritage and all-embracing development drive. This came during ...
Read More »Our youth are the bedrock of Adnoc’s future, says Al Jaber
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), on Sunday observed the International Youth Day across its headquarters and all operating companies. During the celebrations, which were organised by the Group’s various youth committees, Adnoc’s young talent focussed on the contributions they have made to the business to enable enhanced performance, profitability and efficiency, as well as ...
Read More »UAE, New Zealand discuss ways to boost trade, investment ties
AUCKLAND / WAM The UAE Embassy in New Zealand organised the inaugural ‘Strategic Business Opportunities Forum’ in Auckland, New Zealand, in cooperation with the New Zealand Middle East Business Council (NZMEBC) and INDEX Conferences and Exhibitions, a member of INDEX Holding. Supported by Hamdan bin Mohammed Smart University (HBMSU) and Khalifa Empowerment Programme “Aqdarâ€, the forum discussed business opportunities in ...
Read More »UAE, Singapore discuss cooperation in food security
Dubai / Emirates Business HE Mariam bint Mohammed Almheiri concluded her trip to Singapore that included government visits to explore prospects of cooperation between the two countries in terms of food security, as well as ways to facilitate the exchange of knowledge, international best practices and governance, in the lead-up to the launch of the UAE National Strategy for Future ...
Read More »Populists keep EU on edge as focus shifts to 2019 elections
Bloomberg With the European Union gearing up for legislative elections in 2019, the battle between EU supporters and opponents is shaping up to be a lot like many of the contests in this summer’s soccer World Cup: back and forth, passionate and down to the wire. Last year’s election of French President Emmanuel Macron and fourth-term victory of German Chancellor ...
Read More »Samsung unveils Note9, watch, home speaker
Bloomberg Samsung Electronics Co. unveiled the Galaxy Note 9 in New York, banking on the larger-screen device to rejuvenate sales of a struggling flagship line and fend off Apple Inc.’s upcoming iPhones over the holidays. The 6.4-inch screen Note 9 will start at $999.99 and max out at $1,249.99 — becoming, at about $100 above the iPhone X’s upper limit, ...
Read More »Flood cripples Philippine capital as 54,000 evacuated to safer ground
Bloomberg More than 54,000 people were moved to safer ground in the Philippine capital and nearby provinces, while calls for help swamped social media as monsoon rain triggered floods reminiscent of Typhoon Ketsana, which killed hundreds of people in Metro Manila in 2009. Marikina City implemented forced evacuations affecting at least 21,000 people after its river, the catch basin of ...
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