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Panasonic Avionics, Yahsat announce landmark connectivity services pact

  Abu Dhabi / Emirates Business Panasonic Avionics (Panasonic) and Yahsat on Wednesday announced the signing of a Memorandum of Understanding (MOU) to explore new ways to offer a broadband connectivity solution serving several mobility markets in the Middle East within the next three to five years. In addition, while final terms are still being negotiated, the MOU allows both ...

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Dubai Chamber showcases biz competitiveness in Russia

  Dubai / Emirates Business Promoting Dubai’s competitive business environment in the Russian market, the Dubai Chamber of Commerce and Industry’s international office in Azerbaijan recently participated in Innoprom 2016, which is the main International Industrial trade fair held in Ekaterinburg and is attended by over 48,000 visitors and 600 participating companies from more than 95 countries of the world. ...

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Brexit bounce a disaster for bears as S&P 500 churns near record

  Bloomberg Not only is the rising market punishing shorts, it’s lifting their favorite targets at a rate that is by some measures three times as great as everything else. As a result, the 50 most-shorted stocks—that is, the ones bears had bet would fall —have instead rallied 16 percent since the end of June, the biggest gain in more ...

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