February, 2017

• 5 February

  In JPMorgan’s ‘War Room,’ pvt banking meets cross-selling

  

    Bloomberg Salespeople of all stripes know the drill. Go to the morning pump-up sessions. Hit the revenue targets. Move product or move along. The playbook for selling everything from phones to time shares also crops up in a rarefied environment — the Manhattan offices of JPMorgan Chase & Co.’s elite wealth-management unit. There, private bankers working with JPMorgan’s richest ...

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• 5 February

  Lockheed wins $8.2bn F-35 contract after Trump intervenes

  

    Bloomberg The White House announced a contract for 90 F-35 jets from Lockheed Martin Corp. valued at as much as $8.2 billion, boasting of savings after President Donald Trump chided that the Pentagon’s costliest program was “out of control.” Based on the per-plane cost, the savings will be $728 million compared with the previous contract, according to a Pentagon ...

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• 5 February

  Qatar Airways launches world’s longest flight

  

    DUBAI / Reuters Qatar Airways launched its first service to Auckland, New Zealand on Sunday with the return leg set to be the longest scheduled commercial flight by flying time, according to the airline’s website. Flight QR920 departed Doha’s Hamed International Airport, a spokeswoman confirmed, and was scheduled to arrive in Auckland on Monday at 0730 local time (1830 ...

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• 5 February

  Breitling pilot to make master class debut at Abu Dhabi race

    Abu Dhabi / Emirates Business Swiss luxury watchmaker and aviation chronograph specialist, Breitling announced that French pilot, Mika Brageot, will be making his Master Class debut in Abu Dhabi at the season opener of the 2017 Red Bull Air Race World Championship from February 10-11. The Abu Dhabi race, which is celebrating its 10th anniversary, will see Brageot and ...

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• 5 February

  Dubai agrees $3bn loan to fund airport expansion

  

    Bloomberg Dubai agreed a $3 billion loan with banks to fund the expansion of Dubai World Central airport and logistics hub as it prepares to host the World Expo in 2020, reports said. The emirate will pay interest of 200 basis points, or 2 percentage points, above the London Interbank Offered Rate on the seven-year facility, said the people, ...

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• 5 February

  du ups security of its payment gateway with PCI-DSS compliance

  

    Bloomberg In line with its efforts to digitise its services to create a secure e-commerce environment, du has increased the security of its payment gateway with Payment Card Industry Data Security Standard (PCI DDS) compliance. This certification enables du customers to process their payment transactions and cardholder data more securely than ever before. “PCI-DSS Compliance enables du to tighten ...

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• 5 February

  A ‘staircase to the moon’!

  

    Broome/ DPA The sun has dipped behind the horizon but still hundreds of tourists remain on the mangrove beach at Broome in north-western Australia. All are looking out to sea. Slowly, a golden moon rises over the black water and a spectacular phenomenon takes place. The moonlight reflected off the mudflats makes it appear as if the moon has ...

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• 5 February

  Video game cache serves as an archive of fun

  

    ANN ARBOR, Mich / AP The University of Michigan collects video games. Lots of them. The Ann Arbor university‘s Computer and Video Game Archive (CVGA) features over 7,000 titles — everything from time-honored favorites such as “Pac-Man” and “Frogger” to newer fare, including “Call of Duty” and “Halo”— on dozens of gaming systems. Now in its 10th year, the ...

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• 5 February

  More work needed to fulfill OPEC deal

  

    Bloomberg OPEC cut output by 840,000 barrels a day last month, but has more work to do to fully comply with last year’s historic production deal. The Organization of Petroleum Exporting Countries pumped 32.3 million barrels a day in January, according to a Bloomberg News survey of analysts, oil companies and ship-tracking data. The 10 members of the group ...

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• 5 February

  US energy jobs rise as higher prices boost oil drilling

  

    Bloomberg US oil and natural gas producers added jobs in December and January as drillers continued to return to the well pad with crude prices holding near 18 month highs, according to US jobs data on Friday. Oil and gas extraction jobs increased by 100 to 177,400 in January, while support services jobs increased by 600 to 195,200 in ...

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