Emirates Business In collaboration with Marka PJSC, the first public joint stock retail operator in the UAE, contemporary French jewellery brand dinh van marked its 1st anniversary in Dubai by celebrating with guests, VIPs, media and the Marka team at its branch in CITY WALK. The anniversary follows the recent opening of dinh van’s second outlet, in Galeries Lafayette ...

  Karlsruhe / DPA uck. Terrifying creatures are crawling all over his hands and face – humongous snails, huge cockroaches, gigantic moths. It’s all in a day’s activity on the internet for a German 19-year-old named Adrian Kozakiewicz. The setting is not some tropical jungle in Brazil, but rather a nondescript middle class duplex house of a German suburb. There, ...

  London / DPA Finding love is never easy, and it’s even harder to find someone who shares your values – especially for young British Muslims. But many are starting to take control with a do-it-yourself approach to arranged marriage. Run-of-the-mill apps will display the name, age, photos and maybe the profession or music preferences of potential partners. Muzmatch, however, ...

  BLLOMBERG Saudi Arabia told OPEC that it cut oil production by the most in more than eight years, going beyond its obligations under a deal to balance world markets. The kingdom reported that it reduced output by 717,600 barrels a day last month to 9.748 million a day, according to a monthly report from the Organization of Petroleum Exporting ...

  Bloomberg President Donald Trump has overturned an Obama-era anti-corruption rule that would have forced oil, gas and mining companies to disclose payments to foreign governments, becoming the first president in 16 years to take advantage of a law that allows him to rescind a predecessor’s regulations. Trump signed a congressional resolution to repeal a Securities and Exchange Commission disclosure ...

  INDIANAPOLIS / AP Indiana’s energy utilities want state lawmakers to pass a law that critics say would muscle out smaller companies from the emerging solar energy market. Solar power provides only about 1 percent of the country’s energy, but the industry is growing rapidly, with figures showing it employed 208,859 workers in 2015. That amounts to a 125 percent ...

  Bloomberg Eni SpA will start producing from the giant Zohr natural gas field off Egypt’s Mediterranean coast by the end of 2017 and plans to invest $10 billion in the North African country over the next five years, Chief Executive Officer Claudio Descalzi said. Production plans for Zohr are on schedule, and Egypt will be Eni’s top country for ...

  Bloomberg OPEC may be getting all the credit for reviving the oil market, but it had a little help. While the Organization of Petroleum Exporting Countries did spur a 28 percent recovery late last year by announcing production cuts, supply isn’t the only factor buoying the market: demand repeatedly beat expectations in 2016, and is set to surprise again. ...

  Bloomberg SoftBank Group Corp. is buying alternative-asset manager Fortress Investment Group LLC for $3.3 billion in cash to operate alongside the Japanese company’s soon-to-be-established technology investment fund. Japan’s SoftBank will pay $8.08 a share for New York-based Fortress, a 39 percent premium to the company’s February 13 closing price, according to a statement. Fortress principals Pete Briger, Wes Edens ...

  Bloomberg After a chaotic day of earnings, it’s become clearer Toshiba Corp. may soon end up a shadow of its former self. Buried in company presentation materials was a note that the Tokyo-based conglomerate is considering selling a majority stake in its memory chip business, a reversal of a previous plan to limit the sale to 20 percent. Then ...