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Ten dead in worst Canadian mass killing in almost 30 years

Bloomberg A driver plowed a rental van through a crowd of pedestrians on a busy Toronto sidewalk on April 23, killing 10 and injuring 15, in Canada’s worst mass killing in almost three decades. A 25-year-old man was arrested after a lone policeman unwaveringly stared down the agitated suspect — clothed head to toe in black — who appeared to ...

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Etisalat revenue grows 5 percent to reach AED13.1 billion in Q1

Abu Dhabi / Emirates Business Etisalat Group on Tuesday announced its consolidated financial statements for the three months ending March 31. Etisalat Group announced that consolidated revenues in Q1 amounted to AED 13.1 billion, representing an increase of 5 percent year over year. In the UAE, the revenue of the company in first quarter increased year on year by 3% ...

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Sheikh Zayed Grand Mosque receives 516,000 visitors, worshippers

Abu Dhabi / WAM The Sheikh Zayed Grand Mosque in Abu Dhabi received 516,141 visitors and worshippers in March of various nationalities, from both inside and outside the country. The Sheikh Zayed Grand Mosque Centre (SZGMC), organised many events in March, in line with its leading cultural role and its efforts to promote the values of tolerance and coexistence, according ...

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Trump should add more China tariffs: Small firms

Bloomberg Prominent US business lobbies are begging the Trump administration not to impose tariffs on Chinese imports, but some small manufacturers are pushing the other way: Trying to get more products on the proposed list. Makers of steel wheels, safes and other products want the US to impose tariffs on goods by their Chinese competitors, which aren’t among the products ...

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IPhone manufacturers’ slowing sales are a bad omen for Apple

Bloomberg Investors hunting for clues to the iPhone X’s reception can take a deeper look at its main manufacturing partners. And the latest doesn’t look good. Apple Inc.’s five largest device assemblers reported a sharp slowdown after peaking at the end of last year, suggesting demand for the high-end device may have faded just a quarter after its release. While ...

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Google takes aim at privacy law after Facebook lobbying failed

Bloomberg Alphabet Inc. is pushing efforts to roll back the most comprehensive biometric privacy law in the US, even as the company and its peers face heightened scrutiny after the unauthorised sharing of data at Facebook Inc. While Mark Zuckerberg and Sheryl Sandberg were publicly apologising this month for failing to protect users’ information, Google’s lobbyists were drafting measures to ...

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SAP lifts sales forecast as cloud business surges

Bloomberg SAP SE increased its sales outlook for the year to reflect a major acquisition and an accelerating cloud business, as Europe’s biggest software company benefited from increased global IT spending. New cloud bookings, a keenly watched metric because it indicates future sales growth, grew 25 percent at constant currencies in the first quarter, the Walldorf, Germany-based company said on ...

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After weeks of chaos, US throws aluminum industry lifeline

Bloomberg After two weeks of convulsions caused by US sanctions against United .Co. Rusal, the metals market was braced for more mayhem: many traders were betting the Russian aluminum giant was just days away from having to shut plants from Sweden to Jamaica. Then, the US Treasury threw a potential lifeline by making clear it’s not pushing for the company’s ...

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Sheikh Mohamed stresses on adoption of creative solutions in energy sector

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, stressed the importance of keeping abreast of the latest transformations and adoption of creative solutions in the energy industry. Speaking with a delegation from the Department of Energy in Abu Dhabi (DoE), and its ...

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Our leaders continue to invest in human capital through education

Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Chairman of the Education and Human Resources Council, presided over the first meeting of the Higher Education and Private Sector Council, an initiative formed under the ‘Relevance’ pillar of the National Higher Education Strategy, which was approved by the UAE ...

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