Uncategorized

  Bloomberg The Trump administration has quietly consulted technology industry leaders ahead of issuing a delayed executive order on cybersecurity, even as executives have clashed with the White House over policies including the president’s efforts to limit entry to the US. President Donald Trump delayed the signing of a cybersecurity directive that had been planned for January 31 just as ...

  Bloomberg Luxury developer Toll Brothers Inc. has a deal for those shopping for a condo in Manhattan: buy something soon, and we’ll pay the taxes on your purchase. The publicly traded homebuilder is offering to pay the city transfer tax and the New York state “mansion tax” — an effective discount totaling almost 2.5 percent — on deals made ...

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, separately received Neal Blue, Chairman of General Atomics, and Thomas Kennedy, Chairman and Chief Executive Officer of the Raytheon Defence Company, at Al Shati Palace on Saturday. The two major United States (US) defence ...

  Abu Dhabi / Emirates Business IDEX Conference 2017, part of the 13th edition of the International Defence Exhibition and Conference (IDEX 2017) and the fourth edition of the Naval Defence Exhibition (NAVDEX 2017) commenced on Sunday at the National Archives headquarters in Abu Dhabi. The event attracted national and international defence policy makers and experts engaging in a lively ...

  MUNICH / AP Vice President Mike Pence vowed on Saturday that the United States will “hold Russia accountable” even as President Donald Trump searches for new common ground with Moscow at the start of his presidency. Pence, in an address to the Munich Security Conference, also offered assurances to European allies that the US “strongly supports” NATO. He said ...

  Abu Dhabi / Emirates Business Etihad Rail, the developer and operator of the UAE’s multi-billion dollar fully integrated national railway network, has since commencing Stage One operations, transported 10 million tonnes of granulated sulphur for the Abu Dhabi National Oil Company (ADNOC) as of February 10, from sources at Shah and Habshan to its point of export at Ruwais. ...

  Bloomberg As the clock ticks toward a takeover deadline, Kraft Heinz Co. faces an uphill battle getting Unilever to negotiate. Publicly, the company has decried Kraft’s $143 billion buyout offer as lacking merit and said there was no basis for further talks. Behind the scenes, Unilever executives have fretted over Kraft’s penchant for slashing costs and lack of vision ...

  Bloomberg A US regulator is looking at whether auto finance companies that use sophisticated technology like ignition kill switches are illegally harassing subprime borrowers that have fallen behind on their payments. The Federal Trade Commission, a consumer protection agency, has asked for information from at least two lenders, according to securities offering documents from both companies this month obtained ...

  Bloomberg Toshiba Corp., seeking to make up for a huge writedown in its nuclear-equipment unit, finally took the drastic step of putting its crown jewel — its chip business — up for sale. Finding a buyer might prove to be even more difficult. The Tokyo-based conglomerate had been entertaining offers for a minor stake in the flash-memory operations, until ...

  Bloomberg Singapore’s economy grew at its fastest pace in more than five years in the fourth quarter, driven by a surge in manufacturing as export demand recovered. Gross domestic product rose an annualized 12.3 percent in the three months to December from the previous quarter, rebounding from a contraction of 0.4 percent, the trade ministry said in a statement. ...