Admin
October 2, 2017 Local News
Dubai / Emirates Business Following the commencement of their partnership, Emirates and flydubai on Monday announced that Emirates will expand its network to 29 flydubai destinations across three continents. The new partner network, through its codeshare, will offer greater frequency and easier access to more global destinations with the advantage of connecting baggage to the final destination. Passengers can book ...
Read More »
Admin
October 2, 2017 Politics, Uncategorized
Bloomberg At least 58 people were killed and 515 were injured at a concert by a lone gunman, firing from a hotel room overlooking the venue, who later died and whose motive was unclear. President Donald Trump said he’ll travel to Las Vegas on Wednesday to meet victims and emergency workers after a killing spree late Sunday that is likely ...
Read More »
Admin
October 2, 2017 Politics
Bloomberg Kenyan opposition supporters began protests in the western city of Kisumu to press their demands for an overhaul of the electoral authority before a rerun of an annulled presidential election. Police fired teargas to disperse National Super Alliance protesters, while anti-riot police were stationed outside the headquarters of the Independent Electoral & Boundaries Commission in the capital, Nairobi, in ...
Read More »
Admin
October 2, 2017 Politics
Bloomberg Support for Japanese Prime Minister Shinzo Abe fell in two polls released on Monday, three weeks before a general election where Tokyo Governor Yuriko Koike’s new Party of Hope threatens to eat into his majority. The premier’s approval rate dropped below his disapproval rate in polls by Kyodo News and the Asahi newspaper. Almost 46 percent of respondents to ...
Read More »
Admin
October 2, 2017 Politics
Bloomberg Spain’s government will consider using all means at its disposal to uphold the law in Catalonia, the justice minister said, praising the police for their “exemplary†action in defense of the constitution. “We have always said that we would use all the force of the law and all the mechanisms that the constitution and laws grant to the government,†...
Read More »
Admin
October 2, 2017 Politics
Bloomberg The minority government of Portuguese Prime Minister Antonio Costa received a boost after his Socialist Party gained in national municipal elections. Two years before the next general election is due, the Socialists took 38 percent of the vote and 157 town halls with 99.8 percent of the country’s voting districts reporting, according to the government’s election website. Turnout was ...
Read More »
Admin
October 2, 2017 Politics
Bloomberg As the Palestinian Authority attempts to reassert control over the Gaza Strip this week, Hamas’s refusal to give up its guns is feeding doubts that a unity deal can take root. The authority’s prime minister, Rami Hamdallah, led a parade of senior officials from the West Bank on Monday to take over ministries that have been operated by Hamas ...
Read More »
Admin
October 2, 2017 Opinion
Donald Trump isn’t draining the swamp. The president unveiled his long-awaited “tax reform” package last week, and although many crucial details were missing (for example, the income brackets), he was full of accolades. “This is a revolutionary change,” he said. Well, not yet. The federal income tax system—almost everyone seems to agree—is a mess. It features relatively high nominal rates ...
Read More »
Admin
October 2, 2017 Opinion
The new chief executive of Uber Technologies Inc. is on a crusade to repair a corporate reputation that’s been badly damaged by scandals over its treatment of women and broader corporate culture. Dara Khosrowshahi even apologized after London’s transport regulator revoked Uber’s local license because of failures to run proper background checks on drivers and report alleged crimes. Losses last ...
Read More »
Admin
October 2, 2017 Opinion
Warren Buffett may have won his decade-long bet against hedge funds, but can his advice to investors to use only low-cost index funds beat the red-hot record of wealth managers? Readers of the 2017 Capgemini World Wealth Report, released on Thursday, will be shaking their heads. High-net-worth individuals reported an average 24 percent return last year on assets managed by ...
Read More »