Masonry Layout

Apple says proposed China tariffs to boost product prices

Bloomberg Apple Inc. said proposed US tariffs on $200 billion worth of products imported from China will raise prices for some of its popular consumer goods such as the Apple Watch and AirPods headphones. The Mac mini desktop computer, Apple Pencil stylus accessory for iPads, various chargers and adapters and tooling equipment used to manufacturer and design some products in ...

Read More »

‘Europe is in no rush to regulate crypto market’

Bloomberg Crypto traders reeling from a week of losses are getting a soothing message from the European Union. Finance ministers gathering in Vienna agreed that they won’t rush with steps to further regulate the market, and that they’ll wait for the outcome of a thorough analysis by European authorities before deciding on any steps, according to officials involved in the ...

Read More »

Musk rebuilds Tesla team from within amid chaotic exits

Bloomberg Elon Musk made a series of internal promotions to rebuild Tesla Inc.’s senior management team and downplayed media coverage of the electric-car maker, assuring employees that production and deliveries are surging. The chief executive officer filled the voids left by departing heads of human resources and communications and elevated Jerome Guillen to president of automotive operations. While Musk stopped ...

Read More »

ADGM signs pact with Beijing Financial Street Services Bureau

Abu Dhabi / Emirates Business­­­­­ Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and the Beijing Financial Street Services Bureau concluded a Memorandum of Understanding (MoU) in Beijing, capital of the People’s Republic of China. The MoU was signed by Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority (FSRA) of ADGM, and Li ...

Read More »

Chinese pharma delegation tours ICAD

Abu Dhabi / Emirates Business In a bid to encourage Chinese drug manufacturers and exporters to explore investment opportunities within the burgeoning pharmaceutical sector in the UAE, Abu Dhabi Investment Office (ADIO) organised a field visit for a delegation from China Chamber of Commerce for Import & Export of Medicines & Health Products (CCCMHPIE) to the Industrial City of Abu ...

Read More »

Archaeologists uncover UAE’s earliest mosque

ABU DHABI / WAM Archaeologists from the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) are continuing to make spectacular discoveries that shed new light on the history of the UAE at the dawn of Islam. This was a period of time which ushered in a wave of change across the UAE. The new religion brought with ...

Read More »

Chief of Staff of UAE Armed Forces visits UAE troops in Yemen

HODEIDAH / WAM Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the UAE Armed Forces, on Saturday, paid an inspection visit to units of the UAE Armed Forces participating in the operation for the liberation of Hodeidah. Accompanied by a group of senior army officers, Lt. General Al Rumaithi inspected the sites of the troops and the ...

Read More »

Obama joins midterm battle for Congress with rebuke of Trump

Bloomberg Barack Obama delivered a blunt rebuke of President Donald Trump in the opening salvo of the former president’s campaign to bolster Democrats in the midterm congressional elections. The former president warned of dire consequences if US voters stand on the sidelines in November’s midterm election, saying the nation is living through “dangerous times.” “This is one of those pivotal ...

Read More »

Ride-hailing giant Grab aims to double its revenue in 2019

Bloomberg Singapore’s Grab outlined ambitious fundraising plans and predicted that sales will double next year, adding to evidence that Southeast Asia’s most valuable startup is expanding well beyond its roots as a ride-haling app while intensifying a rivalry with Indonesia’s Go-Jek. Revenue will double to $2 billion in 2019 as it integrates the acquisition of Uber Technologies Inc.’s regional business ...

Read More »

India’s Reliance shaking off past decade’s slumber

Bloomberg Reliance Industries Ltd.’s recent gains are helping one of India’s most-valuable companies catch up with the benchmark index, which it had trailed for much of the past decade. At close of trading this week, the company’s shares had surged 135 percent since it launched telecom services in 2016, nearly four times the advance in the S&P BSE Sensex, making ...

Read More »
Send this to a friend