December, 2016

• 3 December

  Qualcomm dials in cell towers so drones can fly anywhere

  

    Bloomberg One of the main hurdles to drones’ ability to zip around the country delivering packages is a requirement that they stay within their operator’s line of sight during daylight hours. Qualcomm Inc. is working on a solution that’s been right before our eyes: cellphone networks. The rules from the US Federal Aviation Administration exist to help prevent accidents ...

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• 3 December

  Fitbit eyes smartwatch pioneer Pebble for buyout

  

    Relaxnews Fitbit is close to buying the smartwatch-maker Pebble, known for its string of successful crowdfunding campaigns. Due to financial difficulties, Pebble is under pressure to find a buyer, although the brand itself risks being phased out after a potential takeover. Despite its original products, the American startup hasn’t managed to withstand growth in the smartwatch market, which has ...

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• 3 December

  Fashion to rebound after toughest year

  

    Bloomberg The $2.4 trillion world fashion industry is poised to rebound in 2017 from one of its toughest years on record, according to a report. Improving global economies and restructuring measures by leading brands like Burberry Group Plc and Ralph Lauren Corp. mean overall industry sales are likely to rise as much as 3.5 percent next year, consulting firm ...

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• 3 December

  All change for menswear next year

    Relaxnews Menswear has never been so on trend, and with the Fall/Winter 2017 shows poised to take over the fashion capitals of the West this January, there is change in the air. Here’s what you need to know. The traditional fashion calendar has been well and truly shaken up over the past two years, with several major brands abandoning ...

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• 3 December

  Now, pocket watches are men’s fashion craze

    Bloomberg Stylish guys love pocket watches — James Dean carried one, while Johnny Depp and Justin Timberlake also have been spotted wearing them. At the Baselworld watch fair in March, they proved popular as well. COURTESY OF HERMES Hermes debuted a trio from its Arceau Pocket Promenade de Platon collection showcasing the beauty of Grand Feu enamel work; a ...

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• 3 December

  Holiday gifts for stylish cyclists

    Relaxnews Vintage designs and heritage styling are what to buy for fashion-conscious two-wheel fans this holiday season. Here we round up our pick of the coolest cycling gifts to give this holiday season. RAPHA LEATHER TOWN GLOVES Rapha’s Leather Town Gloves offer classic styling for the gentleman biker. Handmade in the UK with high quality African hair sheep leather, ...

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• 1 December

  UAE leaders receive greetings from world leaders on National Day

    ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan received congratulatory cables on the occasion of the 45th National Day from presidents, kings and leaders of a number of friendly countries. Also, world presidents, leaders and heads of state congratulated Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid ...

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• 1 December

  Mohamed orders distribution of houses, land plots to citizens

    ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has ordered the distribution of 365 houses and 5,463 plots of land to citizens in Abu Dhabi, Al Ain and the Western Region. The move is in implementation of the directives of President ...

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• 1 December

  Japan imports 21mn barrels of oil from UAE

    TOKYO / WAM Japan imported 21.326 million barrels of crude oil from the United Arab Emirates in October 2016, data released by the Agency of Energy and Natural Resource in Tokyo showed. This accounts for 22.5% of Japan’s total crude imports, the agency, part of the Ministry of Economy, Trade and Industry, said. Saudi Arabia provided 39.123 million barrels, ...

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• 1 December

  ADIB repays $500 million sukuk

    ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) announced that it had repaid in full a US$500 million Islamic bond or sukuk from its own resources, reflecting what it said was its strong liquidity position amid difficult market conditions. The sukuk matured on November 30. The five-year sukuk, which were listed on the London Stock Exchange, were more ...

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