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Precious Arabic manuscripts showcased at Dubai Culture event

  Dubai /Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, hosted an event to celebrate Arab Manuscript Day at the Dubai Public Library Al Twar branch, in collaboration with Juma Al Majid Centre for Culture and Heritage. Visitors attended an ‘Arabic Manuscript in Risk’ lecture, which saw the participation of ...

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Etihad plays host to world’s 50 best chefs in Australia

  Abu Dhabi / Emirates Business Many of the world’s best chefs and culinary media have experienced Etihad Airways’ award-winning hospitality on their way to Australia for this week’s announcement of The World’s 50 Best Restaurants. As the Official Airline Partner of the 2017 event, Etihad Airways has had the honour of flying some of the biggest names in global ...

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China’s debt puzzle grows complex as ‘off-book’ bonds increase

  Bloomberg China’s evolving means of selling government debt is masking the true extent of the government’s planned borrowing levels. The official budget deficit target is 3 percent of economic output, but that doesn’t include all government debt. One category falling outside of the forecast is off-book bonds — or special bonds as they’re known in China — whose sales ...

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Aussie millennials have second lowest home ownership level

  Bloomberg Australian millennials have the second-lowest level of home ownership for their peer group, an HSBC Holdings Plc survey found, just ahead of an oil-rich absolute monarchy. Only 28 percent of Australians aged between 19 and 36 own a home, the survey of more than 9,000 people in nine countries showed. That was well below France on 41 percent ...

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UK financiers battle govt over taxes as Brexit looms

  Bloomberg There are signs Britain is getting tougher on financiers just as it needs to attract them. Tax officials are pursuing probes into the residency status of HSBC Holdings Plc Chief Executive Officer Stuart Gulliver and Chi-X Global Inc. Chairman-Emeritus Anthony Mackay, as the government clamps down on people — oftentimes bankers — who work in the UK but ...

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Monsanto earnings beat estimates as US seed sales climb

  Bloomberg Monsanto Co., the world’s largest seed company, reported record fiscal second-quarter earnings amid signs that US farmers are preparing to sow record acreage with soybeans this year. Profit excluding one-time items was $3.19 a share in the three months through February, St. Louis-based Monsanto said in a statement, beating the highest of 16 analysts’ estimates compiled by Bloomberg. ...

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Kraft’s failed bid jolts Unilever chief into protective revamp

  Bloomberg Unilever Chief Executive Officer Paul Polman is channeling an aborted takeover coup by Kraft Heinz Co. into some shock therapy of his own. Acknowledging that the failed $143 billion bid had energized his company, Polman announced his most sweeping overhaul of the consumer-goods giant in a bid to protect its independence after being caught off guard by the ...

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GOP plays blame game as health deal prospects fade

  Bloomberg Let the blame game begin — again — with House Republicans saying they still can’t reach a deal on reviving their health-care bill, likely delaying any chance of action until at least May. “And this time, we’ll have two weeks to let this all fester,” said Representative Dennis Ross of Florida, referring to the two-week recess that starts ...

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83 percent residents back UAE’s peaceful N-energy programme

  Abu Dhabi / WAM A national poll on nuclear energy has shown that 83 percent of UAE residents are in favour of the UAE Peaceful Nuclear Energy Programme. The research shows some of the highest favourability rates for nuclear energy in the world and is now at 83 percent, an increase of 13 percent since the last poll conducted in ...

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VP briefed on implementation of Expo 2020 central hub project

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, was briefed on the implementation of the project to construct Al Wasl Plaza, the central hub of the Expo 2020 site. Accompanying HH Sheikh Mohammed at the briefing were Crown Prince of Dubai HH Sheikh Hamdan bin ...

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