Uncategorized

DBWC hosts discussion on women in leadership

  DUBAI / Emirates Business Dubai Business Women Council (DBWC), the UAE’s leading platform for the personal and professional development of women in the emirate and beyond, hosted a dynamic discussion on women in leadership, featuring WWE Chief Brand Officer and TV personality Stephanie McMahon alongside some of the UAE’s most influential business women. The event builds on 15 years ...

Read More »

US looks at sanctions, military action against North Korea

  Bloomberg The US is considering a range of options, from expanded economic sanctions to military operations, as it reaches out to allies in confronting North Korea’s latest provocations, according to a senior Trump administration official. North Korea’s ballistic missile test early Saturday was in “open defiance” of the international community, and the risk to the U.S. will not be ...

Read More »

Baidu boosts content spending for video and news services

  Bloomberg Baidu Inc. will boost spending on content for its video streaming and news aggregation services as it tries to nurse its core internet search business back to health. The strategy is designed to attract new users as China’s biggest search provider enters a critical period after sales in 2016 grew at the slowest pace on record. The company ...

Read More »

Chinese investment in Australia surges 11.7% as deals hit record

  Bloomberg Chinese investment in Australia surged 11.7 percent last year to A$15.4 billion ($11.5 billion) amid booming demand for agricultural assets and infrastructure, according to a report released on Monday. A record 103 deals were signed with Chinese companies in 2016, with 76 percent of those reached with private firms, KPMG and the University of Sydney said in the ...

Read More »

After oil, real estate becomes Canada’s new crutch

  Bloomberg Two things happened last week that were a reminder of just how vital real estate has become to Canada’s economy. Statistics Canada released gross domestic product data that showed February was a banner month for sectors linked to housing. The real estate industry, residential construction, financial and legal services generated a combined 0.5 percent increase in output, the ...

Read More »

UK warns Google, Twitter, FB to better fight hate speech

  Bloomberg UK Home Secretary Amber Rudd warned Facebook Inc,. Alphabet Inc.’s Google, and Twitter Inc. to improve monitoring of extremist and hate content after a panel of lawmakers urged her to consider making the hosting of such material a crime. A report from Parliament’s cross-party Home Affairs Committee, published on Monday, said the companies are “shamefully far” from having ...

Read More »

Trump’s tax plan ‘boon for rich, unclear for middle class’

  Bloomberg President Donald Trump’s economic advisers pitched his new tax plan as a cut for the middle class and not the wealthy, but the opposite may be true. Tax policy experts say its current provisions would undoubtedly mean lower taxes for top earners, while the impact on middle incomes is less clear. Trump’s blueprint — a list of bullet ...

Read More »

Former investor considers contagion odds as Home Capital Group swoons

  Bloomberg The escalation of Home Capital Group Inc.’s distress last week has led one of its largest former investors to rethink — if only slightly — the prospects of troubles spreading through the rest of Canada. After the alternative-mortgage lender set up a C$2 billion ($1.5 billion) credit line to offset a run on deposits, Mawer Investment Management Ltd.’s ...

Read More »

Hamdan unveils Dubai Font

  Dubai / Emirates Business His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched the Dubai Font, Microsoft’s first font to be created by a city and named after it, in line with the UAE’s vision to become a regional and global leader in innovation. On this occasion, ...

Read More »

Dubai leather show gateway to Gulf’s $2.9 billion market

  Dubai / WAM Exotic Indonesian reptile skins, luxury fashion accessories, UAE-produced camel leather goods, and the global launch of 24 karat gilded stilettos from Italy all shared the stage, as the Middle East’s dedicated leather industry trade show opened in Dubai yesterday. The exhibition was inaugurated by Butti Saeed Al Kindi, Second Vice Chairman of Dubai World Trade Centre. The ...

Read More »
Send this to a friend