Bloomberg The US said it’s slashing visa services in Russia after the Kremlin ordered it to cut two-thirds of staff at its embassy and consulates as relations between the former Cold War rivals spiraled. All non-immigrant visa operations will be halted from Aug. 23 and will resume “on a greatly reduced scale†from Sept. 1, with applicant interviews conducted solely ...
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Unicom rises in Shanghai, Hong Kong on $11.7bn sale
Bloomberg Shares of Unicom Group’s key units in Shanghai and Hong Kong rose after China’s second-largest wireless carrier announced a $11.7 billion stock sale as part of a government push to draw private capital into its state-owned enterprises. China United Network Communications Ltd., which has been suspended from trading since April, climbed by the 10 percent daily limit to 8.22 ...
Read More »Infosys seeks new chief ‘willing to tackle changes’
Bloomberg Infosys Ltd. begins the search for a new chief executive officer this week with a tough set of requirements for any candidate: The person must be capable of leading a 200,000 employee organisation, willing to tackle sweeping changes in the outsourcing industry and brave enough to drop in the middle of open warfare between the company’s board and co-founders. ...
Read More »Ten sailors missing after US warship crash near Singapore
Bloomberg Ten sailors are missing and five were injured after a US warship collided with a petroleum tanker near Singapore on Monday, the second crash involving an American naval vessel in Asia in a matter of months. Search-and-rescue efforts are underway after the USS John S. McCain collided with the Alnic MC, the US Navy said. The US Seventh Fleet ...
Read More »More young entrepreneurs turn to smart services, retail sectors
DUBAI / WAM Tejar Dubai, an initiative of the Dubai Chamber of Commerce and Industry has said that a total of 28 commercial projects have been launched to date by its participants with a majority of Emirati-owned businesses operating within the UAE’s smart services, retail, logistics, and food and beverage sectors. A total of AED 15.4 million worth of financing ...
Read More »Smart Dubai contact centre achieves ISO, CCA Global certifications
DUBAI / WAM Smart Dubai Government Establishment contact centre has received ISO 18295 certification, Parts I and II, as well as the CCA Global Certification for Contact Centre Management. This makes the centre the first in the world to receive the ISO certificates, awarded by the Switzerland-based International Organisation for Standardisation (ISO) and the first in the region to receive ...
Read More »Maritime experts to discuss future of industry in a post-oil economy
DUBAI / WAM Under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, Dubai Maritime Agenda 2017 has begun preparations to host a line-up of international speakers to explore the future of the maritime sector in adherence with local and nationwide efforts to prepare for a ‘post ...
Read More »NYU Abu Dhabi researchers develop new computer chip
ABU DHABI / WAM Researchers at New York University Abu Dhabi’s Design for Excellence lab have developed new innovations in computer chip technology that present landmark achievements in IT security. Secured by a secret key so that only authorised users may utilise them, and immune to reverse-engineering, ‘logic-locked’ computer chips will provide future users with new guarantees of security for ...
Read More »UK cranks up pressure on EU to turn Brexit talks to trade
Bloomberg The UK is piling pressure on the European Union to shift the focus of Brexit negotiations away from the terms of divorce and onto their future relationship. Britain will publish a flurry of documents in the coming days laying out the government’s position on topics ranging from data protection to judicial cooperation. Five papers are due to be published ...
Read More »The new Mercedes Maybach concept, a 20-foot-long convertible
Bloomberg At a private estate on Pebble Beach Golf Course in Carmel, Calif., Mercedes-Benz unveiled its latest concept car: the Mercedes-Maybach Vision 6 Cabriolet last week. Like the Vision Mercedes-Maybach 6 concept that the company unveiled prior to the Pebble Beach Concours d’Elegance last year, the Maybach 6 Cabriolet is an electric car that’s nearly 20 feet long, has a ...
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