November, 2016

• 13 November

  Qantas VR to help travellers explore Oz destinations

  

    DUBAI / Emirates Business Qantas launched a new virtual reality app – Qantas VR – giving customers an interactive new way to discover and explore destinations before physically travelling there. Available for iPhone, Android, Samsung Gear VR, Oculus Rift, and HTC Vive devices, the app showcases Australia’s distinctive landscape through a series of immersive videos, including never before seen ...

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• 13 November

  Al Wahda Mall recognized for its innovative initiatives

  

    Abu Dhabi / Emirates Business The International Council of Shopping Centers (ICSC) announced the winners of the 2016 Middle East and North Africa (MENA) Shopping Centre and Retailer Awards, recognizing the region’s most innovative shopping centers for outstanding achievement in retail, retail store design, design and development, and marketing. ICSC has named Al Wahda Mall, Abu Dhabi an Iconic ...

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• 13 November

  Liberty creates washbags for British Airways customers

  

    DUBAI / Emirates Business Top British brand Liberty London has created an exclusive range of washbags for customers flying in First with British Airways. The sleek, slim and stylish washbags feature a contemporary look using a range of carefully chosen prints from Liberty London’s vast textiles archive, updated for today’s modern traveller. The new Liberty London First washbags appear ...

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• 13 November

  Rado unveils adventurous style statement for gents

  

    Emirates Business Pioneering Swiss watchmaker Rado is beefing up its collection with the HyperChrome 1616, an oversized hypermasculine ode to the spirit of discovery. A reinterpretation of Rado’s vintage Cape Horn collection, the HyperChrome 1616 pays tribute to the 400-year anniversary of the brave discovery of this South American headland. In 1616, two Dutch merchants pushed the limits of ...

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• 13 November

  Indian banks receive $30 billion in deposits

  

    Bloomberg Indian banks received 2 trillion rupees ($29.8 billion) of cash after the government’s November 8 surprise move to abolish high-denomination banknotes, as customers queued for hours to deposit or exchange the old bills and ATMs ran dry. With the banned bills accounting for 86 percent of money out of circulation, there is tremendous pressure on the nation’s banking ...

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• 13 November

  MetLife profit falls 52% in Q3

  

    Bloomberg MetLife Inc., the largest US life insurer, said third-quarter profit tumbled 52 percent on derivative losses and costs tied to the spinoff of a US retail business as Chief Executive Officer Steve Kandarian reorganizes the company. Net income slipped to $571 million from $1.2 billion a year earlier, New York-based MetLife said in a statement. Profit excluding some ...

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• 13 November

  China Inc.’s investment bank dives into troubled retail market

  

    Bloomberg China International Capital Corp., the investment bank ex-Premier Zhu Rongji set up two decades ago to help restructure the Chinese economy, is again taking on a role that fits with the government’s agenda. CICC’s $2.5 billion acquisition of China Investment Securities Corp. will plunge the firm into the retail investor market, a segment it had long shunned because ...

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• 13 November

  Market turmoil may cause Fed to delay hike: BlackRock

  

    Bloomberg BlackRock Inc., the world’s largest money manager, said that market turmoil resulting from Donald Trump’s presidential victory may cause the Federal Reserve to hold off on an interest rate increase in December. “Any Fed delay in raising rates is a near-term negative,” according to a bulletin released by the New York-based company. Prior to the result, the Fed ...

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• 13 November

  Smart agriculture is the way out!

  

    Paris / AFP Diplomatic wrangling this week will make the headlines in the fight against climate change, but experts say a bigger but largely unseen battle is set to unfold on the world’s farms. Agriculture holds the double distinction of being highly vulnerable to climate change but also offering a solution to the problem, they say. In a report ...

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• 13 November

  Clicking their way to fame

  

    Bloomberg Whether it’s cranes photographed at the harbour or a car framed against a sunset, Kay Palapies has become famous for his images reflected in puddles. The German has amassed more than 17,000 followers on Instagram, the video and photo-sharing platform that has become much more than just a place for narcissists to admire themselves. As well as beauty ...

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