April, 2017

• 10 April

  Abu Dhabi TAQA shines amid ‘uncertainties’

  

    DUBAI / Reuters Most stock markets closed down on Monday with volumes low as geopolitical risk kept institutional funds away, but Abu Dhabi’s energy company TAQA kept rising after the government increased its stake in the company last week. Abu Dhabi’s index fell 0.4 percent, with shares of the recently merged lender First Abu Dhabi Bank down 0.9 percent, ...

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• 10 April

  US airlines receive better grades for on-time schedules, service

  

    DALLAS / AP The airlines are getting better at sticking to their schedules and are losing fewer bags. Their customers seem to be complaining less often. Those are the findings of an annual report on airline quality being released on Monday by researchers at Wichita State University and Embry-Riddle Aeronautical University. The researchers use information compiled by the US ...

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• 10 April

  Etisalat, Miral ink pact to offer Public WiFi on Yas Island

  

    Emirates Business Etisalat entered into a strategic agreement with Miral, the entity responsible for the development and promotion of Yas Island as a destination for leisure, business and entertainment, to provide visitors with Public WiFi. The service will be available to both UAE residents and tourists with international mobile numbers, and accessed through the ‘UAE WiFi by Etisalat’ network. ...

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• 10 April

  Prada recovery, cost-cutting efforts in focus as bears vanish

  

    Bloomberg Investors will be looking for updates from Prada SpA on its recovery momentum when it reports annual earnings this week, as a drop in bearish bets removes the potential for a share-price boost resulting from a short squeeze. The Italian luxury-goods maker, which said growth resumed in January after reporting a nine percent drop in annual sales at ...

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• 10 April

  Taxes – the great uniter?

  

    As Tax Day — April 18 this year — approaches, we are confronted once again with the apparently enduring reality that Americans hate to pay taxes. Few political generalizations seem so indestructible. Gallup has long asked Americans whether their federal income taxes are too high. About 50 percent to 60 percent regularly say “yes.” The federal income tax is ...

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• 10 April

  In battle with Uber Eats, Deliveroo deploys field kitchens

  

    In the increasingly intense battle between food delivery services, it’s no longer enough just to bring the food to the customers. Now Deliveroo, the London-based startup, is moving whole kitchens to new neighborhoods to gain an edge over rivals like Uber Eats, Amazon Restaurants, and Just Eat Plc. Deliveroo, which has received $475 million in venture funding, will begin ...

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• 10 April

  Making the Syria strikes count

    In the span of just a few days, US President Donald Trump appears to have met both his first true foreign policy crisis and his most challenging bilateral summit more smoothly than many had feared he might. Whether this turns out to be anything more than a symbolic victory, and whether it has an effect in the fight against ...

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• 10 April

  Venezuela political crisis fails to die down

    Protests have become a staple in Venezuelan life. Venezuela, once one of the richest in Latin America, plunged into the political crisis soon after President Nicolas Maduro took the helm of the country following the death of ex-president Hugo Chavez in 2013. The latest round of protests erupted after the Supreme Court’s attempt to seize the power of the ...

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• 10 April

  India is losing faith in free-trade agreements

  

    Till fairly recently, it looked like two massive new agreements would compete to define the future of world trade. The Trans-Pacific Partnership, backed by the US, would try to move the global trade architecture toward new norms, with harmonized regulations at its centre. Meanwhile, the Regional Comprehensive Economic Partnership (RCEP), backed by China, would drastically reduce remaining tariffs across ...

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• 10 April

  China has smarter places to park money than car garages

  

    If there’s one message to take away from Asian buyers’ heated interest in French parking lot operator Indigo, it’s that investors remain hungry for yield and assets are scarce. But those steering away from their traditional targets in the hope of infrastructure-like returns from car spaces should be wary. With fewer car parks being built in city centers, parking-lot ...

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