Bloomberg The European Union agreed to start internal preparations for the possibility of Brexit negotiations failing to reach a breakthrough at a crunch December summit, as the former British envoy to the EU said the UK’s trade goals were unrealistic. At a meeting in Brussels, the EU’s 27 governments without Britain approved work to start on their response to the ...
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VP honours graduates of ‘Masar Godolphin’
DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Wednesday honoured the first batch of Masar Godolphin programme at Madinat Jumeirah in Dubai. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council was also present on ...
Read More »ADX holds annual forum for listed firms
Abu Dhabi / Emirates Business As part of its efforts to strengthen communication channels and build strategic partnerships with listed companies, the Abu Dhabi Securities Exchange (ADX), the region’s leading financial market recently held its annual forum for its listed companies at the Rosewood hotel in Al Maryah Island, Abu Dhabi. Later in the year, ADX will organise another forum ...
Read More »Textile market in UAE valued at $17.5 billion annually
DUBAI / Emirates Business The Middle East continues to be a strong source of interest for international textiles suppliers, with increasing market demand stemming from the region for the latest in home and contract textiles. This was underlined at a media round table organised by Messe Frankfurt Middle East, to familiarise regional media and industry representatives about the advantages of ...
Read More »â€˜Empowering women empowers whole of society’
KUWAIT / WAM Sheikha Lubna bint Khalid Al Qasimi, President of Zayed University, has said that empowering women empowers the whole of society, adding that the 21st century has seen tremendous achievements with regards to women’s empowerment and gender equality. Al Qasimi’s remarks came during the 10th edition of the International Conference on Women Leaders in Scie- nce, Technology and ...
Read More »Production problems may affect Apple’s 10th-anniversary phone
Bloomberg As of early fall, it was clearer than ever that production problems meant Apple Inc. wouldn’t have enough iPhone Xs in time for the holidays. The challenge was how to make the sophisticated phone—with advanced features such as facial recognition—in large enough numbers. As Wall Street analysts and fan blogs watched for signs that the company would stumble, Apple ...
Read More »Twitter promises more transparency to political ads
Bloomberg Twitter Inc. is bringing greater transparency to advertising on its social network, addressing a significant concern of Congressional investigators probing foreign meddling during the 2016 US presidential elections. Twitter is creating a new “transparency centre†that will dedicate a section to political ads that will show how much each campaign spent on advertising, the identity of the organisation funding ...
Read More »Starbucks in hot water over California’s toxic warning law
Bloomberg If you happen to buy a cup of coffee in California and it comes with a cancer warning, don’t panic—it’s just the law. No scientific study says consuming java in moderation is bad for your health—and some even show it’s good for you. But winning a reprieve from the state’s toxics disclosure requirement isn’t easy. Coffee merchants have been ...
Read More »Refugees from 11 countries face more hurdles under Trump plan
WASHINGTON / NEW YORK / Reuters The Trump administration will temporarily delay processing of most refugees from 11 countries identified as high-risk, while resuming refugee admissions for other countries, government officials said. Most of the affected countries are in the Middle East and Africa, according to documents seen by Reuters. The administration also will place on hold a program that ...
Read More »Infosys founder clashes with board again amid CEO hunt
Bloomberg Infosys Ltd. co-founder Narayana Murthy publicly criticised the company’s board again, just as directors try to recruit a chief executive officer to replace one who resigned out of frustration with such clashes. Murthy said the board has still not addressed questions he raised in August about poor governance and excessive severance, according to a statement he released. CEO Vishal ...
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