Masonry Layout

Thanksgiving staple head for compost heap on US surplus

Bloomberg Cranberries might be a staple on Thanksgiving tables, but a glut of US supplies has gotten so large that fruit could be headed to the compost pile. Just as demand is hitting its seasonal peak, American processors are anxiously awaiting government approval that would allow them to turn excess fruit into fertiliser. The programme would be the first of ...

Read More »

May wants something in return as Brexit money offer set to rise

Bloomberg Prime Minister Theresa May is ready to put more money on the table to settle the Brexit divorce bill — but the Brits are plugging away at get-ting the European side to give her something in return. “We’re headed in the right direction and what matters now is that the UK and EU take a step forward together,” James ...

Read More »

Mohamed, Russian Deputy PM discuss ways to enhance ties

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, on Monday received Dmitry Rogozin, Deputy Prime Minister of Russia, at Qasr Al Bahr in Abu Dhabi. Sheikh Mohamed welcomed the visiting Russian Deputy Prime Minister and discussed bilateral relations and ways to enhance ...

Read More »

MoFAIC launches ‘humanitarian emergency response manual’

Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC), launched the third edition of the Humanitarian Emergency Response Manual, in cooperation with the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA). The new edition complies with the latest developments in the humanitarian sector and the emergence of new factors, which include climate change, conflicts ...

Read More »

Exhibition on ‘Birmingham Quran’ opens in Abu Dhabi

ABU DHABI / Emirates Business A digital exhibition of the manuscript of the ‘Birmingham Quran’, one of the oldest surviving parts of the Quran in the world, was inaugurated at the Umm Al Emarat Park in Abu Dhabi. The manuscript includes parts of Surahs 18-20 of the Quran, written in ink on parchment using an early Arabic Hijazi script. Part ...

Read More »

Schneider Electric showcases latest oil, gas solutions at ADIPEC

DUBAI / Emirates Business Real-time data captured from the field and conveyed to the cloud via sensors and analytical engines can impact the profitability of entire oil and gas (O&G) businesses. Building around this concept, Schneider Electric, the global specialist in energy management and automation, marks its seventh outing at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2017. ...

Read More »

Mom-and-pop pile into Hong Kong IPOs in $163bn bonanza

Bloomberg Mom-and-pop investors haven’t been this crazy for Hong Kong initial public offerings since 2009. Hong Kong retail stock buyers placed orders for $163 billion worth of equity in this year’s major deals, according to data compiled by Bloomberg. That’s equal to more than three quarters of the territory’s monetary base. The most popular was China Literature Ltd., a local ...

Read More »

Duterte invites China to enter Philippine mobile-phone market

Bloomberg Philippine President Rodrigo Duterte has invited Chinese companies to take a role in the country’s wireless communications industry to add a third carrier to compete with PLDT Inc. and Globe Telecom Inc. Duterte offered China the right to operate in the Philippines during his bilateral talks with Chinese Premier Li Keqiang, Duterte spokesman Harry Roque told reporters in Manila ...

Read More »

Brexit may shock UK firms in ‘productivity’

Bloomberg Britain’s productivity malaise may find a solution from the unlikeliest of places—Brexit. Poor productivity has long been the bane of the UK, with output per worker far below the Group-of-Seven average and successive predictions for a recovery since the financial crisis failing to materialise. Still, according to UBS Wealth Management economist Dean Turner, Britain’s exit from the European Union ...

Read More »

Qualcomm investors want at least $10 more per share from Broadcom

Bloomberg Qualcomm Inc. investors want at least $10 more than the $70-a-share Broadcom Ltd. is offering. If history is any guide, they might get partway there. “We would be very interested in evaluating an offer that begins with an 8,” said Daniel O’Keefe, a fund manager of the $3.1 billion Artisan Global Value Fund, which owns Qualcomm stock. The board ...

Read More »
Send this to a friend