It’s the summer of 2019, three years after British voters stunned the world by voting to leave the European Union. The U.K. has regained its economic and financial footing, as well as its national confidence. A smaller and more unified European Union now functions in a more coherent fashion. But the road has been bumpy and, as a result, the ...
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June, 2016
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28 June
Stocks halt Brexit selloff as pound advances with commodities
BLOOMBERG Stocks, the pound and commodities all gained for the first time since Britain’s shock vote to leave the European Union amid speculation policy makers will take steps to limit any economic fallout. The Stoxx Europe 600 Index and sterling both rebounded after tumbling 11 percent in the last two trading sessions. A gauge of the dollar’s strength snapped ...
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28 June
India stocks gain as investors seek safety in consumer companies
Bloomberg Indian stocks advanced as investors bought companies most-tied to the economy after the U.K.’s decision to leave the European Union left global markets in disarray. Drugmaker Lupin Ltd. surged the most in three months, while Bharti Airtel Ltd. rallied the most in a week. Hindustan Unilever Ltd. had the steepest advance since March 21 and ITC Ltd., the ...
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28 June
Inside the growing bull case on megacaps in London stocks
Bloomberg Following Britain’s unexpected vote to leave the European Union, strategists did something that might seem strange: they turned more bullish on a big swath of the country’s shares. The FTSE 100 Index, which tracks the largest companies trading in London, has been relatively resilient since the referendum, falling less than half as much as the broader FTSE 250 ...
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28 June
Towards a smart future
Lisa Abeyta / TNS I recently had the opportunity to attend the Smart Cities Innovation Summit in Austin, Texas, both as a speaker about our mobile platform for cities as well as to learn about the latest innovations within the smart cities industry which spans a broad range of technologies and initiatives aimed at improving the efficiencies, security and ...
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28 June
Come, play with the antique
Mexico City / DPA Tiny veteran cars, plastic wrestling figures, trains, rag dolls, a horse carousel slot machine and a giant shark are just some on instantly lovable toys found in a one-of-a-kind Mexican museum. Located on the same street where its founder, collector Roberto Yukio Shimizu, grew up, the Mexican Antique Toy Museum collects the little playthings that ...
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28 June
Blockchain technology key to Mideast’s digital economy
Dubai / Emirates Business New and emerging blockchain technologies are integral to supporting and realising a digital economy in the Middle East while ensuring effective protection against rapidly evolving threats of data security and cybercrime, said global consulting and technology firm Booz Allen Hamilton in a new report released on Tuesday. The report, titled ‘Blockchain Technology – Can the ...
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28 June
MoE inspects local Spinneys outlet
Abu Dhabi / Emirates Business The UAE Ministry of Economy has conducted on Tuesday an inspection of Spinney’s Sahara Center outlet in Sharjah in cooperation with the Sharjah Economic Development Department (SEDD) as part of its ongoing market inspection program covering the various emirates during the Holy Month of Ramadan. Dr. Hashim Al Nuaimi, Director of the Ministry’s Consumer ...
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28 June
Emircom wins ‘Best Growth of the Year’ award at Fortinet confab
Dubai / Emirates Business Emircom, one of the UAE’s leading systems integrators, recently won ‘Best Growth of the Year’ during the first Middle East Partner Conference organized by Fortinet in Dubai. Fortinet’s inaugural regional channel conference gathered more than 100 partners from across the GCC and Levant regions. During the event’s special Top Partner Awards ceremony, Emircom – a ...
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28 June
India’s Radiant Group to construct $10mn oil distillation plant in HFZ
Sharjah / Emirates Business India’s Radiant Group will start an oil distillation plant in Hamriyah Free Zone by the middle of next year. “We have leased 107,639 square feet of land in phase-two of Hamriyah Free Zone and the construction of our factory will start soonâ€, Vibhor Gupta, Managing Director of Radiant Overseas FZC said after signing the lease ...
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