Bloomberg Facebook Inc. pays female staff in Britain just 0.8 percent less on average than male employees, but womens’ bonuses are almost 40 percent lower. The mean average disparity in pay at Facebook is an improvement compared to Google’s UK arm, where women are paid on average 17 percent less than men. Google’s average bonus for female staff is 43 ...
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Ousted veterans’ head warns of political privatisation push
Bloomberg David Shulkin, removed days ago as Secretary of Veterans Affairs, said political appointees engineered his ouster as they push for “more aggressive†changes to how the sprawling department is run. “I did not resign,†Shulkin said on Sunday on CNN’s “State of the Union.†In a separate interview on NBC’s “Meet the Press,†he said that “There would be ...
Read More »Investment opportunities in Dubai promoted at Vancouver forum
VANCOUVER / WAM The Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED) and Dubai Science Park (DSP), joined hands to promote current and emerging investment opportunities in Dubai at the GLOBE Forum and Innovation Expo 2018, which was held in Vancouver, Canada. The GLOBE Forum 2018, North America’s largest and longest-running international Leadership ...
Read More »FOCP, Etisalat launch ‘A Dirham for Hope’ initiative
SHARJAH / WAM The Friends Of Cancer Patients (FOCP), and Etisalat have launched the fundraising initiative, ‘A Dirham for Hope’, to support efforts to provide financial and moral assistance to cancer patients and their families in the UAE. An agreement formalising the initiative was signed by Abdul Aziz Taryam, CEO Advisor and General Manager of Etisalat Northern Emirates, and Sawsan ...
Read More »IGCF calls for setting up of media marketing ministries
Sharjah / WAM Participants in Sharjah’s International Government Communication Forum (IGCF 2018), have recommended the establishment of ministries for media marketing to enable governments to build the reputation and values that facilitate communication with people. They have also called for the setting up of digital platforms to support public engagement in national decision making; creation of social media channels and ...
Read More »UAE, Moldova disuss ways to enhance economic ties
Abu Dhabi / WAM Ways of cooperation across multiple domains, primarily food, agriculture and logistics, were the main topics of discussion at a meeting Sultan bin Saeed Al Mansouri, Minister of Economy, had on Saturday with Tudor Ulianovschi, Minister of Foreign Affairs and European Integration of the Republic of Moldova. The two ministers affirmed the importance of the recent steps ...
Read More »Trump renews attack on Amazon, tweets ‘post office scam’ must end
Bloomberg President Donald Trump lit into Amazon.com Inc. for the second time in three days with a pair of Twitter messages that said the online retailer “must pay real costs (and taxes) now!†The president on Saturday claimed, citing reports he didn’t specify, that the US Postal Service “will lose $1.50 on average for each package it delivers for Amazon.†...
Read More »Google could owe Oracle $8.8 billion in Java-Android fight
Bloomberg Google could owe Oracle Corp. billions of dollars for using Oracle-owned Java programming code in its Android operating system on mobile devices, an appeals court said, as the years-long feud between the two software giants draws near a close. Google’s use of Java shortcuts to develop Android went too far and was a violation of Oracle’s copyrights, the US ...
Read More »Uber, Tesla crashes prompt rivals to ‘get ahead’
Bloomberg As the global auto industry vies to deploy driverless cars, some contenders may be cutting corners in a bid to get ahead, carmakers warned in the aftermath of the first pedestrian death tied to the emerging technology. “Some competitors, not by name because there are several, they’re trying to race to be the first one to show autonomous driving. ...
Read More »SoftBank edging closer to buy $9.6 billion stake in Swiss Re
Bloomberg SoftBank Group Corp. is edging closer to a deal to buy a stake in Swiss Re AG that would value the reinsurer at as much as $39 billion, according to people with knowledge of the matter. Billionaire Masayoshi Son’s SoftBank is holding talks to buy a 25 percent stake at about 100 Swiss francs to 105 Swiss francs a ...
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