September, 2019

• 22 September

  Thomas Cook plunges as tour operator seeks bailout money

  

  Bloomberg Shares of Thomas Cook Group Plc tanked after the UK tourism operator said it needs more emergency financing. Thomas Cook said it will require another $251 million for a “seasonal standby facility,” sending the shares down as much as 28 percent. The company already increased the size of a bailout plan in August by 20 percent to 900 million ...

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• 22 September

  Canadian retail sales gain misses forecasts

  Bloomberg Retails sales increased 0.4 percent in July, the first advance in three months, as consumers spent more on new cars, Statistics Canada said from Ottawa. The gain trailed economist expectations for a 0.6 percent increase. Excluding motor vehicles and gasoline, retail sales fell 0.1 percent on the month. The report falls short of economist expectations for a larger rebound ...

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• 22 September

  Marks & Spencer CFO to step down amid retailer revamp

  

  Bloomberg Marks and Spencer Group Plc Chief Financial Officer Humphrey Singer plans to leave his post and the UK retailer is searching for his successor. Singer’s departure date hasn’t yet been decided and he’s working with Chief Executive Officer Steve Rowe to ensure a smooth transition, the company said in a statement. “After 18 months of working with Steve to ...

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• 21 September

  UAE urges Qatar to end hate speech in its local media

  GENEVA / WAM The United Arab Emirates (UAE), urged Qatar to stop programmes that promote hate rhetoric and incitement of hatred in its local media, saying the trend threatens the security of countries in the region, including Qatar itself. While delivering the UAE statement before the fourty-second regular session of the Human Rights Council held in Geneva to discuss the ...

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• 21 September

  Aramco pledges to recover output by September-end

  

  Bloomberg Saudi Aramco reiterated its commitment to bringing production back to its full capacity by the end of the month. The company will restore 5.7 million barrels per day, said Chief Executive Officer Amin Nasser, the amount that was knocked out by recent attacks on the kingdom’s oil facilities. “We will continue to fulfill our mission of providing the energy ...

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• 21 September

  Overseas Emiratis set to cast votes for FNC election today

  ABU DHABI / WAM Eligible Emirati voters overseas will cast their votes for 4th Federal National Council (FNC), elections at the UAE embassies, consulates and diplomatic missions abroad on Sunday. The overseas stations were part of its efforts to enable citizens abroad to exercise their right to vote, the NEC said. Voting abroad will continue for two days at 118 ...

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• 21 September

  EuroTier Middle East sees AED100m in deals

  

  ABU DHABI / WAM The inaugural edition of the EuroTier Middle East 2019 that concluded at the Abu Dhabi National Exhibition Center (Adnec) facilitated trade deals worth AED100 million, and attracted over 10,892 visitors during its three-day run, the event organising committee announced. Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister ...

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• 21 September

  UAE ISO accolade supports GCC, Arab standardisation activities

  

  CAPE TOWN / WAM In recognition of the status of the UAE and its national leadership capabilities, the UAE won the membership of the International Standardisation Organisation (ISO), Council (Group 3), for the term 2020 to 2022, as it garnered 64 of the 108 votes at the ISO meeting. The Emirates Authority for Standardisation and Metrology (Esma), obtained the votes ...

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• 21 September

  Emirates launches biometric boarding for US flights

  

  Dubai / Emirates Business Emirates is once again pushing the boundaries of technology, becoming the first airline outside America to receive approval for biometric boarding from the US Customs Border Protection (CBP). Soon, customers flying from Dubai to any of Emirates’ 12 destinations in the US will be able to choose facial recognition technology at the departure gates, reducing the ...

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• 21 September

  NCM launches nano-tech campaign in cloud seeding

  ABU DHABI / WAM National Centre of Meteorology (NCM), launched nanomaterials testing campaign in cloud seeding operations through the UAE Research Programme for Rain Enhancement Science, that investigates the efficiency of unique and innovative new cloud seeding materials through flights and testing that took place from Al Ain Airport over the Northern and Eastern parts of the UAE. Professor Linda ...

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