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Would US threat of strike on NKorea make China act?

Here’s a contrarian thought: President Trump had the right instinct to insist that China help resolve the nightmare problem of North Korea. A peaceful solution is impossible without help from the other great power in East Asia. As Trump nears the threshold of a military crisis with North Korea, he needs to sustain this early intuition—and not be driven into ...

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Lobbying for martyrs’ subsidy to US

Husam Zomlot does not have an easy job. He is the Palestinian Liberation Organization’s representative in Donald Trump’s Washington. And despite Trump’s early promise to seek the ultimate deal to bring peace to the Holy Land, his administration is focused on more pressing matters. Zomlot’s biggest problem these days is a piece of legislation named for Taylor Force, a former ...

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Leading from behind is bad look for India’s central bank

Central banks are born to lead. When they start following commercial lenders or asset prices, the message for investors is that the authorities have lost the plot. That’s what is happening with the Reserve Bank of India, which on Wednesday cut its repurchase rate by a quarter percentage point to 6 percent two days after State Bank of India preemptively ...

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Brexit is no longer so frightening for investors

As the Brexit process lurches from one drama to the next, dominating UK politics, media and business decisions, traders have grown immune to noise surrounding the country’s departure from the European Union. The British pound is trading near the highest in a year versus the dollar as attention turns instead to headwinds for the greenback. Sterling has even held its ...

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Jaguar F-Type gets a four-cylinder facelift

Emirates Business Jaguar is broadening the appeal of the new F-TYPE with the introduction of the state-of-the-art four-cylinder Ingenium petrol engine. The award winning F-TYPE family now spans from the entry-level four-cylinder model to Jaguar’s 200mph all-weather supercar – the F-TYPE SVR. The pairing of Jaguar’s all-aluminium two-seat sports car with the advanced 300PS 2.0-litre turbocharged powerplant delivers Jaguar sports ...

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Rolls-Royce rolls out 8th gen ‘phantom’

Emirates Business From the moment Sir Henry Royce introduced the Rolls-Royce Phantom in 1925 it was judged ‘The Best Car in the World’ by the cognoscenti. As a result it has conveyed some of the world’s most influential and powerful men and women to the most defining historical moments over the last 92 years. Every new Phantom that has subsequently ...

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Ford marks a century writing truck history

Dubai / Emirates Business One hundred years ago, in 1917, Ford Motor Company set off on an adventure that would change the automotive industry forever. It began with the Model TT, a truck based on the hugely successful Model T car, and grew, over the course of a century, into the world’s best-selling truck brand. Over the years, Ford trucks ...

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INFINITI QX60 redefines vehicle safety with cutting-edge tech

Dubai / Emirates Business Arabian Automobiles Company, the flagship company of AW Rostamani Group and the exclusive dealer for INFINITI in Dubai, Sharjah and the Northern Emirates, had unveiled the completely redesigned QX60 to the region. For MY2017, the model features additional enhancements that are aimed at empowering the driver with a more premium experience – a model that redefines ...

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Sanctions! Assad allies got $18mn in UN Syria payouts

The United Nations paid at least $18 million last year to companies with close ties to Bashar al-Assad, some of them run by cronies of the Syrian president who are on US and European Union blacklists. Contracts for telecommunications and security were awarded to regime insiders including Rami Makhlouf, Assad’s cousin. UN staff ran up a $9.5 million bill at ...

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Noble Group destined to fail, Iceberg says, defying lawsuit

Noble Group Ltd. received a fresh broadside from Iceberg Research as the trader’s long-time foe predicted that the commodity company will probably fail, while telling executives that the anonymous commentator won’t be silenced by being sued. The trader’s shares fell. “Noble is sinking in a perfect storm,” the researcher said in a report on Thursday. “The company is walking towards ...

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