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  LONDON / AP Ex-London Mayor Boris Johnson has compared the European Union’s aims to those of Adolf Hitler, arguing that the 28-nation bloc is creating a superstate that mirrors the attempt of the Nazi leader to dominate the European continent. Johnson, the most prominent political figure arguing that Britain should leave the EU, says the past 2,000 years of ...

  Bloomberg A year of profit stagnation has left the S&P 500 Index’s price-earnings ratio flirting with some of its highest readings since the Internet bubble. Judged against bonds, though, stocks remain stubbornly cheap. Plotting the index’s per-share earnings against the yield on the 10-year Treasury note, a technique sometimes referred to as the Fed Model, shows the S&P 500 ...

  Aden / AFP A suicide bombing claimed by the IS group and a second attack killed 37 police on Sunday in the Yemeni port of Mukalla where a year of Al-Qaeda rule ended last month, medics said. It was the second attack in days claimed by IS in the city of 200,000 people that was recaptured by government forces ...

  RITIKA SHARMA / Emirates Business “It is a big concern that in UAE the percentage of graduating women is 51% while the percentage of those working is only 18%. Such high number of skilled women only translates to such low number of them in workforce. It is high time we find solutions to such a major workforce difference,” Fadi ...

  ALKESH SHARMA / Emirates Business UAE’s real estate industry is gradually bouncing back, especially sale-purchase segment. Market pundits have observed a good rise in the property buyers’ interest that has been recorded at maximum levels in the last couple of years. Industry experts maintained that upcoming mega events in the region, including Expo 2020 and FIFA World Cup, have ...

  Ajman / Emirates Business A delegation from Ajman’s Municipality and Planning Department headed by Khaled Al Hosani, Executive Director of Support Services, recently visited Smart Dubai Government Establishment (SDG). The delegation was briefed on SDG’s best government practices in the field of evaluating government websites and electronic and smart services as part of sharing knowledge among government entities. The ...

  New Delhi / AFP Narendra Modi was elected two years ago this week promising to ease India’s notorious red tape and unpack regulatory tangles, but for foreign firms, doing business in the world’s fastest-growing large economy can still be a costly headache. With a billion consumers and rising middle class, India holds dazzling potential — yet despite signs of ...

  Kolkata / Bloomberg The monsoon in India, which accounts for more than 70 percent of the annual rainfall, will arrive a week later this year, prolonging a drinking water shortage and delaying planting of crops from rice to cotton and sugar cane. Southern Kerala state will start receiving the seasonal rains from June 7, the India Meteorological Department said ...

  Jeddah / AFP US Secretary of State John Kerry held talks in Saudi Arabia on Sunday to secure its support ahead of a potential showdown with Russia at talks on the Syrian conflict. After his Saudi meetings, Kerry was due to fly to Vienna which this week will host the international contact groups engaged in efforts to halt fighting ...

  ABU DHABI / WAM A national tourism strategy will provide a framework of action that will help mobilise all stakeholders to position the UAE among the best tourism destinations in the world, Sultan bin Saeed Al Mansouri, Minister of Economy, said during a meeting with officials in charge of the tourism sector in his ministry. The minister also called ...