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Business leaders say Brexit already has negative effect

  Bloomberg Brexit has already damaged businesses even before Prime Minister Theresa May triggers the start of Britain’s withdrawal from the European Union, according to a survey of the country’s largest companies. More than half — 58 percent — of the top executives at Britain’s biggest firms that responded to the Ipsos MORI “Captains of Industry” poll said the vote ...

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UK property lures Mideast buyers on pound Brexit slump

  Bloomberg Middle East investors, benefiting from a weak pound and rising oil prices, increased their spending in UK commercial property even as Brexit prompted buyers from every other region to shrink their spending. Investors from the region accounted for 24 percent of all overseas acquisitions in the fourth quarter compared with 10 percent a year earlier, according to data ...

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UAE and Jordan review regional, global developments

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, discussed ways of enhancing bilateral co-operation with Ayman Al Safadi, Minister of Foreign Affairs and Expatriates of Jordan, in Abu Dhabi on Sunday. The two ministers also exchanged their views on the latest regional and global developments, along with how to ...

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Cabinet approves new entry visa system to attract top talents

  Abu Dhabi / WAM The UAE Cabinet, presided over by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, approved an integrated entry visa scheme to attract qualified and highly talented professionals to UAE. The implementation of the new system will be carried out over a number of phases. The first phase ...

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Dubai Properties awards 1/JBR contract to DCC

  Dubai / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, announced that Dubai Construction Company (DCC) has been awarded the contract for the exclusive luxury sea-front tower – 1/JBR. Works is now steadily advancing and on track for a Q4 2019 completion. Located at the entrance to Jumeirah Beach Residence (JBR), one ...

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Companies expect big software deals bolstered by US policies

  Bloomberg The software industry went on a shopping spree in 2016, and this year could be even busier, bolstered by the new president’s policies and what one analyst suggests could be a major deal by Google. The value of software deals in 2016 topped $115 billion for acquisitions closed or pending, according to data gathered by Bloomberg. That’s up ...

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Planet Labs inks deal for Google’s satellite business

  Bloomberg Planet Labs Inc., a startup that launches small satellites into orbit and sells the imagery, is acquiring the Terra Bella satellite business of Alphabet Inc. in a bid to take on larger industry incumbents. In return, Alphabet’s Google is taking a stake in the startup. Google has also agreed to purchase satellite images captured by Planet in a ...

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Court denies Trump request to immediately restore travel ban

  WASHINGTON / AP A federal appeals court denied early Sunday the Justice Department’s request for an immediate reinstatement of President Donald Trump’s ban on accepting certain travelers and all refugees. The Trump administration appealed a temporary order restraining the ban nationwide, saying late Saturday night that the federal judge in Seattle overreached by “second-guessing” the president on a matter ...

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Modi power plans are slow to light rural India

  Bloomberg Screams alerted Dadasaheb Vidhate to the fire trapping three of his children in the family’s thatched-roof hut in rural India. “Neighbors rushed to help douse the fire, but we couldn’t save anyone,” Vidhate, 45, said of the blaze four years ago, which he blames on an overturned kerosene lamp. “My children were burned alive before my eyes.” With ...

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Asia’s lure for African lion bones under scrutiny

  JOHANNESBURG / AP Wildlife traffickers in a major African park have been offering rewards for a full lion carcass, raising concerns that poachers are increasingly targeting a vulnerable species because of demand in some Asian countries for lion bones used in traditional medicine. The report from Mozambique’s Niassa National Reserve comes amid debate about whether the legal, annual export ...

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