Dubai / WAM On the second day of the Arab Media Forum (AMF) proceedings, a session entitled ‘Jerusalem at the Heart of Media’ was held, where Arab media representatives discussed the situation in Jerusalem, especially after the recent US decision to consider the city as the capital of Israel and its implications on the peace process. The session, moderated by journalist ...

Abu Dhabi / WAM The newly launched Google News Initiative together with Google News Lab will offer free training to 4,000 journalists in the Middle East and North Africa region to help journalists advance their editorial, research, writing, fact-checking and editing skills, over the next 12 months, a senior Google official told delegates at the Arab Media Forum. “We have ...

Abu Dhabi / WAM Seeking to forge cultural solutions for today’s global challenges, delegates from more than 80 countries will attend CultureSummit 2018 in Abu Dhabi on April 8, making it the largest global gathering of top government officials, philanthropists, arts administrators, business leaders, technologists and artists in the world. The summit’s action-driven programme of expert panels, discussions and workshops ...

Bloomberg The Pentagon says it’s received 1,089 comments—including submissions from 46 companies—on its plans for a multibillion-dollar cloud computing contract in a sign of the intense interest and sharp debate over a winner-take-all award that competitors say will favour Amazon.com Inc. Industry comments and questions, but not the names of the companies making them, will be posted along with the ...

Bloomberg Tesla Inc. needs to brace for another setback after China included electric cars among American products that it’s targeting with additional tariffs in its counter-punch to the US. While other autos imported from the US were also on the list, including most types of SUVs, Tesla is at a particular risk because it relies on American-made vehicles for all ...

Bloomberg PSA Group Chief Executive Officer Carlos Tavares played down concerns about Brexit as he unveiled a plan by the French carmaker to invest in a factory near London in a bid to revive the Vauxhall brand it acquired last year. “We are hearing many remarks from the UK government that make us think that they are negotiating with the ...

Bloomberg Steinhoff International Holdings said a European real-estate portfolio may be worth about half previous estimates, as the embattled global retailer reviews the value of its assets following an accounting scandal. Hemisphere International Properties BV has been valued at about 1.1 billion euros ($1.3 billion) in a review by CBRE Group Inc., Steinhoff said in a statement. That compared with ...

Bloomberg Martin Sorrell’s once-undisputed control of the advertising giant he’s assembled over more than 30 years may be slipping away. The firm, WPP Plc, is investigating allegations of personal misconduct by the 73-year-old Sorrell. The company statement—along with a denial by Sorrell—was released after news of the probe was leaked to the Wall Street Journal, which reported that the accusations ...

Bloomberg US stocks pared losses, while haven demand eased as investors speculated that the final form of any Chinese tariffs might be less onerous than currently proposed. The S&P 500 Index cut its decline by almost two-thirds as representatives from China and the Trump administration left the door open for a negotiated solution. The proposals wouldn’t take effect for months. ...

Reuters Buyers returned to the Saudi Arabian stock market on Wednesday as blue chips attracted interest again after several days of profit-taking that followed FTSE Russell’s decision to upgrade Riyadh to emerging market status. The Saudi index was up 0.9 percent as the energy and banking sectors rose: PetroRabigh climbed 2.0 percent, Saudi Arabian Refineries jumped 3.0 percent and mining ...