July, 2016

• 21 July

  UK retail sees biggest fall in 6 months

  

    Bloomberg UK retail sales had their biggest drop in six months in June, adding to signs that the vote to leave the European Union is starting to bite. The volume of goods sold in stores and online dropped 0.9 percent, more than the 0.6 percent decline seen in a Bloomberg survey of economists, figures from the Office for National ...

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• 21 July

  Macy’s tests artificial intelligence tool to improve service

    New York / AP Macy’s is testing a mobile tool using artificial intelligence that lets shoppers get answers about the store they’re in — like where a particular brand is located or what’s in stock — that they would normally ask a sales associate face-to-face. The tool, which the nation’s largest department store chain calls a “mobile companion,” can be ...

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• 21 July

  Flipkart brings online shopping wave to Indian market

  

    Bloomberg India isn’t an easy place to build an e-commerce company. The vast, multilingual nation suffers from creaky infrastructure, a sometimes myopic bureaucracy and an ingrained distrust of the merchant class. Yet homegrown Flipkart Ltd. has managed the impossible with a blend of Silicon Valley smarts — its founders worked for Amazon.com Inc.; key hires were lured from the ...

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• 21 July

  Turkey’s ‘clean’ pollutants

  

    Bloomberg Geothermal wells usually provide a steady supply of clean energy flowing from the natural heat of the Earth. In Turkey, because of a quirk in the geology, some of those wells pollute as much as coal-fired power plants. The nation has a layer of subterranean limestone, which lets loose carbon dioxide when it comes in contact with steam ...

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• 21 July

  Open the best online window to your biz

  

    Dan Scalco / TNS Are you a small-business owner looking to have a website built? To someone new, the entire process can seem daunting and leave you feeling confused. Don’t throw up your hands yet! Use these five simple website design tips to make it easier on yourself. QUALITY OVER QUANTITY When it comes to designing and developing a ...

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• 21 July

  Changing lifestyles

  

    Our Correspondent EMIRATES BUSINESS Nshama is a private developer of integrated lifestyle communities differentiated by its focus on offering distinct value propositions for aspiring home-owners. Bringing the expertise of project development professionals from around the world, backed by strong domain knowledge, Nshama aims to create elegantly master-planned neighbourhoods that are smart, interconnected, networked, tech-driven and sustainable. Nshama projects are ...

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• 21 July

  Transform your journey

  

    Our Correspondent EMIRATES BUSINESS For travellers seeking the ultimate way to travel, it’s time to upgrade to the new Sennheiser PXC 550 Wireless. The new headphones by the audio specialist are designed for the discerning business traveller. A smart travel companion, the PXC 550 Wireless delivers Sennheiser’s renowned high-quality sound and upto 30 hours of battery performance in a ...

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• 20 July

  Central Bank announces results

    ABU DHABI / WAM The Central Bank of the UAE announced that the Money Supply aggregate, M1, decreased by 1.6%, from AED 488.9 billion at the end of May 2016 to AED 481 billion at the end of June. The Money Supply aggregate M2 decreased by 0.5%, from AED 1186.4 billion at the end of May 2016 to AED ...

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• 20 July

  Mohamed bin Zayed, Emir of Qatar discuss ways to boost fraternal ties

  

    Doha / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and H.H. Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, have examined ways of promoting fraternal relations between the two countries and their brotherly peoples, as well as overall regional and international issues ...

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• 20 July

  ADIA strides ahead, fulfills its mission

  

    Abu Dhabi / WAM The Abu Dhabi Investment Authority (ADIA) on Wednesday published its 2015 ADIA Review, providing a thorough overview of its activities over the past year and the outlook for the year ahead. It includes a detailed analysis of market conditions across the many asset classes in which the authority invests and explains developments within each of its ...

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