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Trump White House win prompts protests across US

  Washington /AFP Protesters burned a giant orange-haired head of Donald Trump in effigy, lit fires in the streets and blocked traffic as rage over the billionaire’s election victory spilled onto the streets of major US cities. From New York to Los Angeles, thousands of people in around 10 cities rallied late Wednesday against the president-elect a day after his ...

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FB & Twitter contend with their role in Trump’s victory

  Bloomberg America just endured its first presidential election in which the majority of the electorate got its news from social media. And the outcome is already prompting soul searching by the companies that shaped it. Facebook Inc. will have to contend with mounting dissatisfaction over its role as the most widely used news filter in history. Forty-four percent of ...

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Volkswagen accused of concealing emissions cheating in Audi gas cars

  Bloomberg Volkswagen AG’s plot to cheat emissions tests by installing so-called defeat devices in its vehicles wasn’t limited to diesel cars, but also included at least six models of Audi 3.0-liter gasoline engines, according to a consumer lawsuit. In a class action on behalf of owners of more than 100,000 vehicles, the German carmaker’s Audi unit was accused of ...

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Modi hits multiple targets in surprise anti-graft move

Bloomberg In a bold move against corruption and unaccounted wealth, Prime Minister Narendra Modi has acted to arrest the drift in his popularity and place constraints on election funding, which will benefit him in crucial state elections next year. But Modi’s late-night announcement of a crack down on unaccounted wealth through the withdrawal of high-denomination bank notes left Indians with ...

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Feud escalates as Tata steps up attack on ousted chairman

  Bloomberg The standoff between Tata Group’s patriarch and his estranged successor intensified in India’s biggest feud since a quarrel between the billionaire Ambani brothers broke out more than a decade ago. The Ratan Tata-led camp, which last month ousted Cyrus Mistry as chairman of the nation’s largest conglomerate, on Wednesday took steps to muscle Mistry out of the group’s ...

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Mohammed inaugurates Dubai Water Canal

  Dubai / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum inaugurated the second phase of the Dubai Water Canal, a 12 kilometre waterway that connects Dubai Creek with the Arabian Gulf. The Dubai Water Canal project has been built at a cost of AED 3.7 billion. Crown ...

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UAE seeks to enhance cooperation, relations with Armenia: Mohamed

  Abu Dhabi / WAM Ways to promote relations between the UAE and Armenia, and regional and international issues of common concern were the focus of talks held on Wednesday between His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Armenian President Serzh Sargsyan, who is on ...

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Danube Properties launches AED400mn project

  Dubai / Emirates Business Danube Properties, UAE’s leading property developer, announced the launch of their new AED 400 million project ‘Miraclz’ located at Dubai’s Arjaan neighborhood close to Miracle Garden. The project was announced at a press conference held at the Danube Properties Headquarters, where the residential tower was unveiled by the Founder and Chairman of Danube Group, Rizwan ...

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US voted to ‘make America great again’

  London / AFP Political novice and former reality TV star Donald Trump has defeated Hillary Clinton to take the US presidency, stunning America and the world in an explosive upset fueled by a wave of grassroots anger. The Republican mogul immediately pledged to unite a deeply divided nation. But global markets had already plunged into turmoil and the long-standing ...

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Putin welcomes Trump as anxious world confronts new reality

  Brussels / AFP Vladimir Putin was the first global leader to welcome Donald Trump’s stunning election victory, which left much of the rest of the world anxious at the prospect of the businessman and reality-TV star at the helm of the world’s biggest economy and most powerful military. Putin sent a congratulatory telegram to Trump, and said later at ...

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