Bloomberg The extra yield U.S. 10-year Treasuries offer over their German peers widened to the most since January as U.S. economic data kept alive prospects of the Federal Reserve raising interest rates this year, which contrasts with the European Central Bank’s accommodative stance. Treasuries fell a second day on Monday, with the 10-year note yield rising to the highest level ...

Luxembourg / AFP She fled Cuba with her bourgeois family as revolution brewed, and later married into one of Europe’s royal dynasties. Today, as the Communist-ruled island emerges from long economic isolation, Luxembourg’s Grand Duchess Maria Teresa says she hopes to return home to pitch the cause of micro-credit to help the country’s poor. A Unesco goodwill ambassador, Maria Teresa, ...

What we are seeing in the continuing march of Donald Trump toward the Republican presidential nomination is the power and significance of political entrepreneurship. If you want to become president (or senator or House member), you don’t need the permission of either party. You just announce, comply with the legal requirements for filing and launch your campaign. You are the ...

The recent air tragedies have drawn global attention to ensure air traffic safety. This new trend brings together the industry’s managers and policymakers closer to address the issue that worries travellers and is also a headache for the sector. Some air crashes were shrouded in mysteries and there are efforts to unearth what went wrong. One cause for concern is ...

North Korean leader Kim Jong-un did what he does best and made headlines around the world on Friday by ordering the military to be ready to use nuclear weapons at a moment’s notice. Following the UN Security Council’s vote Wednesday to hit Pyongyang with the strongest sanctions yet over its latest nuclear test and rocket launch, the dictator said the ...

Many observers have already rolled their eyes as Chinese Premier Li Keqiang, at the opening of China’s National People’s Congress this Saturday, announced a GDP growth target between 6.5 and 7 percent for next year. The Economist, in a bold, tongue-in-cheek prediction that is almost certain to be correct, notes that on January 17, 2017, when we’ll learn of China’s ...

ALKESH SHARMA / Emirates Business Homeland security has become one of the most imperative issues in today’s fast-zooming world. At a time when the world is facing dozens of crisis situations, making countries vulnerable to various threats, global economies are pledging to earmark enhanced budgets to ensure the safety of mankind as well as infrastructure. Treading the same trend, Middle ...

RITIKA SHARMA / EMIRATES BUSINESS Cyber threats constitute some of the major challenges that aviation and aerospace industry is facing globally. Industry experts put emphasis upon dealing with them by adopting a cutting-edge scientific outlook. “Aviation industry has seen so many transformations in the past few decades. Last few years have seen a fast progression in terms of cyber threats ...

Sunaina Rana / Emirates Business The UAE has been witnessing a growth in the sale of the solution-orientated products. Consumers have been focusing in on the style and personal well-being, leading to the premiumisation trend within the sector. The cosmetic market in the region continues to be at a rapid growth in 2016, considering the inclination of the youngsters towards ...

DUBAI / WAM The region’s largest and most anticipated consumer IT and electronics show, GITEX Shopper Spring 2016 is set to return next month with even more fantastic offers and exciting deals across the broadest range of consumer tech products to date. Shopper Smart Living also returns for its second year – a dedicated section offering visitors the chance to ...