Uncategorized

  Abu Dhabi / Emirates Business Mohamed Helal Al Muhairi, Director General, Abu Dhabi Chamber, inaugurated the first edition of Smart Stores Expo 2017 at Abu Dhabi National Exhibition Centre (ADNEC). The inaugural event opened its door to several leading retail professionals across the region to showcase the future of retail empowered by technological innovations and advancements. Following the inauguration ...

  ASTANA / AP Syria’s government envoy and a rebel leader traded barbs as talks between the Mideast country’s warring sides got underway in Kazakhstan on Monday in the first face-to-face meeting between the Damascus government and rebel factions fighting to overthrow it. The gathering in Astana, the Kazakh capital, is also the start of a new effort to end ...

  Bloomberg Taxes are anything but certain for Indian Prime Minister Narendra Modi. Faced with a slump in demand after his shock clampdown on cash, he’s expected to lower taxes in the February 1 budget to spur consumption. The risk is that a cut will rob Modi of a short-term revenue spurt, which his administration had been touting as proof ...

  Bloomberg China has defied the skeptics once more, weathering stock market wobbles and a weakening currency and shaking off a deflationary scare to post 2016 growth that’s almost certain to land smack in the middle of the government’s target range. The stabilization has come at a cost as cheap credit fueled property bubbles in major cities, spurring policy makers ...

  Bloomberg It was the battery, after all. In a presentation and news conference on Monday that lasted more than two hours, Samsung Electronics Co. detailed the results of its investigation into Note 7 smartphones that overheated and burst into flames last year. There were few surprises. While the company cited flaws in battery manufacturing and design for the fiasco, ...

  Bloomberg Consumer prices in Singapore rose in December for the first time in more than two years, adding to signs of recovery in the city-state’s economy. CPI rose 0.2 percent from a year earlier, compared with unchanged prices in November. The median estimate of 16 economists in a Bloomberg survey was for a 0.1 percent gain Prices increased 0.2 ...

  Bloomberg The UK government will pick winning areas in the economy to champion as part of an industrial strategy aimed at boosting Britain’s productivity as the country prepares to leave the European Union. Announcing the long-promised plan on Monday, Prime Minister Theresa May said she wanted to see “sector deals” to identify and address barriers to expansion in different ...

  Bloomberg Microsoft Corp.’s effort to halt the FBI’s so-called sneak-and-peak searches of e-mails may ride on whether it’s allowed to defend its customers’ constitutional rights. The judge who will decide whether the case can go ahead told the company’s lawyers to be ready in court on Monday to address earlier rulings that undercut their arguments. At stake is half ...

  Sharjah / WAM Proper education is a shield against destructive ideas and misguided groups, His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, said. A solid family background contributes effectively to the nation-building, he added. The Sharjah Ruler expressed his views during a television talk show hosted on Sunday noon by Sharjah Satellite ...

  Dubai / WAM New judges and a new UAE ambassador have sworn-in before Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, at al Mushrif Palace in Abu Dhabi. Present at the swearing-in ceremony, which was held on Sunday, were HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown ...