Abu Dhabi / WAM Abu Dhabi University (ADU) has been ranked among the top 750 universities in the world for the third year in a row, according to the 2021 QS World University Rankings. ADU recorded an increase of 15 percent in Academic Reputation, the world rankings indicator with the highest weightage. Reinforcing this performance, the university also improved at ...

Dubai / WAM Dubai International Financial Centre (DIFC) announced that it has welcomed Tata Asset Management Limited (TAML) to the centre. Tata Asset Management is one of the earlier asset management companies in India and is a part of the Tata group that have revenues of $113 billion (2018-19). Headquartered in India, the Tata Group is an over 150 years ...

To place today’s racial tensions in perspective, you must remember this: Back in the day, post-lynching souvenir hunting — fragments from the hanging tree; victims’ body parts — was a hobby for some. A student who found a victim’s tooth at Moore’s Ford Bridge in July 1946 gave it to his friend for her charm bracelet. The past really is ...

The Covid-19 pandemic has brought the usually resilient aerospace industry to its knees. Air passenger traffic has collapsed by 90% in Europe and isn’t likely to get back to pre-virus levels for several years. Airlines are fighting for survival and have grounded their fleets. Passenger-jet makers Airbus SE and Boeing Co, after years of briskly building planes to meet booming ...

It’s finally going to happen. Apple Inc is on the verge of using its own chips over Intel Corp’s for its Mac computers. Bloomberg News reported that Apple is preparing to announce as soon as this month that it will use its own processors in Macs starting next year. The new Macs will incorporate the same internally-developed semiconductors, based on ...

Prime Minister Narendra Modi wants all 1.3 billion Indians to be “vocal for local” — meaning, to not just use domestically made products but also to promote them. India’s Covid-19 lockdown has severely pinched logistics, a perennial challenge in the huge, infrastructure-starved country. But more worrying than the disruption is the fruity political response to it. Rather than being a ...

Bloomberg Delta Air Lines Inc is in talks to let Gol Linhas Inteligentes SA postpone payments on a $300 million loan for which the US carrier is guarantor, two people familiar with the matter said. The loan matures in August. Negotiations are under way and a delay agreement is expected to be reached, the people said, asking not to be ...

Bloomberg American Airlines Group Inc will take 141 aircraft from storage to support an increase in July service as travelers return to the skies faster than expected amid the coronavirus pandemic. The carrier will reactivate 83 Airbus SE A320 family planes and 58 Boeing Co 737 jets, spokesman Brian Metham said. American joins Delta Air Lines Inc in bringing back ...

Bloomberg Portugal’s supplementary budget for 2020 includes as much as 1.2 billion euros ($1.4 billion) in aid for TAP SGPS SA after the airline had to suspend most of its operations due to the coronavirus outbreak. The process to provide aid for TAP hasn’t been concluded yet, Secretary of State for Treasury Alvaro Novo told reporters at a press conference ...

Bloomberg Estee Lauder Cos plans to hire more black employees, buy more from black-owned businesses and expand diversity training programs after employees raised concerns about race relations within the company. Top executives at one of the world’s largest cosmetics businesses said they “stand in solidarity with our black employees, black consumers and black communities and firmly believe black lives matter,” ...