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Europe gets back in fight mode with trade, investment push

Bloomberg European Commission President Jean-Claude Juncker pushed to expand Europe’s global economic footprint in a sign of growing confidence that the political threats posed by Brexit and populism can be curtailed. Juncker, who leads the European Union’s executive arm, proposed to start EU free-trade talks with Australia and New Zealand, give the bloc a role in screening foreign investments and ...

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Uber’s legal chief to depart as CEO sets new course

Bloomberg Dara Khosrowshahi, the new chief executive officer at Uber Technologies Inc., laid out an initial set of plans during a staff meeting to get the troubled ride-hailing company back on course. He said his top priority was hiring a chief financial officer who can help the company balance its need to control spending with continued growth, said two people ...

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As Irma fades, swirling Jose eyes $19trn in property

Bloomberg Don’t underestimate Jose. The meteorological gods seem to be working against the hurricane as Irma’s successor lumbers over the Atlantic Ocean. But it’s so far out — more than 950 miles from New York — that it’s too soon to call the all clear. “If it is going to be a threat, it is probably a threat next week,” ...

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Norea Korea slams curbs, vows faster N-push

Bloomberg ­­­­­­­­­­­­­­­ North Korea rejected the latest round of United Nations sanctions on the isolated state, and vowed to accelerate its plans to acquire a nuclear weapon that can strike the US homeland. In its first official response to the new resolution, North Korea’s foreign ministry released a statement on state-run media saying the sanctions justified its nuclear push and ...

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VP lauds lifting of restrictions on direct sales of properties

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday toured Cityscape Global 2017 in Dubai World Trade Centre where he was shown around the pavilions of the universal event in its 16th edition which woos impressive presence from 16 Arab and foreign countries and in ...

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Airbus signs deal with DLD for promotion of Dubai properties

Dubai / Emirates Business Airbus on Tuesday signed a Memorandum of Understanding with the Dubai Land Department (DLD) to provide geospatial solutions that will enhance the promotion of properties in the Emirate. The MoU was signed by H.E Sultan Butti bin Mejren, Director General of Dubai Land Department and Mikail Houari, Airbus President for Africa and Middle East at Cityscape ...

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UAE positioned as ideal destination for regional and global investments

Hong Kong / WAM The UAE delegation participating in the Belt and Road Conference in Hong Kong stated that the Belt and Road initiative launched by China several years ago, which aims to develop commercial roads and economic corridors linking 60 countries, highlights the UAE’s position as an ideal destination for investments, not only from the region but also from ...

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Emirates to launch fourth daily service to Sydney next year

Dubai / Emirates Business Emirates is set to introduce a fourth daily service from Dubai to Sydney from March 25, 2018, complementing its existing three daily A380 services and improving connections globally. The new service will be operated by Emirates’ iconic A380 aircraft and will increase passenger capacity on the route by 6,846 seats a week, inbound and outbound between ...

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UC Forward Marketing to promote DLD’s real estate projects to Chinese investors

Dubai / Emirates Business Dubai Land Department (DLD) appointed UC Forward Marketing as its ‘Real Estate Promotion Trustee’ for the Chinese market. The announcement was made at Cityscape Global, where the two parties confirmed their joint objective of securing AED 1 billion worth of Chinese investment for Dubai’s real estate market. As part of the agreement, UC Forward has established ...

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Amazon China hiring signals ambitions in Alibaba battle

Bloomberg Amazon.com Inc. is hiring by the hundreds in China to fill jobs ranging from internet software engineers to designers for Alexa, positioning the company to recoup some of the market share it lost to Alibaba Group Holding Ltd. in the world’s largest online shopping arena. The online retail giant lists almost 400 Chinese-based openings on its careers website and ...

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