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Bloomberg Investors focused on social issues are finding that trickle-down diversity doesn’t work. For years, they surmised that having enough women on boards and in senior management would produce fairer policies. Now investors are changing tactics, saying it’s not enough and that employers also need to implement gender-pay equity and paid-leave policies that attract and retain women. Zevin Asset Management, ...

Bloomberg Top European Union officials teamed up to send UK Prime Minister Theresa May a blunt message: Do more to flesh out Britain’s Brexit positions or put off trade talks for even longer. European Commission President Jean-Claude Juncker and the EU’s chief Brexit negotiator, Michel Barnier, used a hearing in the European Parliament in Strasbourg, France, on Tuesday to all ...

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, in Qasr Al Bahr, Jawaher Saif Al Kumaiti, to honour her humanitarian actions and her bravery, heroism and quick thinking, which saved the life of an Asian driver. The driver was ...

Dubai / WAM As the United Arab Emirates (UAE) takes significant strides towards embracing Artificial Intelligence (AI) technologies and further developing a knowledge-based economy, businesses must seize the opportunity and architect for disruption instead of becoming victims to it, a senior executive has said. AI investments in the UAE have recorded over 70 percent increase over the past three years, ...

Dubai / WAM The 19th edition of the Water, Energy, Technology and Environment Exhibition (WETEX )will take place on the beginning of the third week of October. The announcement was made by Saeed Mohammed Al Tayer, MD and CEO of DEWA, Founder and Chairman of the Water, Energy, Technology and Environment Exhibition (WETEX), at a press conference at the Address ...

Dubai / WAM The Smart Dubai Government Establishment (SDG), in collaboration with the Department of Finance and ENOC Group, signed an MoU to launch a new service via its flagship Dubai Now smartphone application. The new service will be available soon and will allow customers to pay for petrol using Dubai Now app across ENOC’s retail network in the UAE, ...

Bloomberg At least 58 people were killed and 515 were injured at a concert by a lone gunman, firing from a hotel room overlooking the venue, who later died and whose motive was unclear. President Donald Trump said he’ll travel to Las Vegas on Wednesday to meet victims and emergency workers after a killing spree late Sunday that is likely ...

Bloomberg Reliance Communications Ltd.’s plan to merge with Aircel Ltd. collapsed in a blow to the Indian mobile phone carriers’ plans to pare debt and gain scale to take on bigger rivals. “Legal uncertainties” and “interventions by vested interests” caused delays in regulatory approvals, Reliance Communications said in an exchange filing. Consequently, the merger has “lapsed with mutual consent,” it ...

Bloomberg Go-Jek, Indonesia’s first billion-dollar startup, is looking to expand its ride-hailing services to three to four countries in Southeast Asia, escalating its rivalry with Grab and Uber Technologies Inc. Co-founder and Chief Executive Officer Nadiem Makarim didn’t specify the countries or services that Go-Jek will target, but said in an interview they will be places with a large population ...

Bloomberg On the last page of a nine-page tax plan that calls for slashing business rates, President Donald Trump and congressional Republicans proposed a little-noticed, brand-new tax that may hit companies like Apple Inc. and Pfizer Inc. It’s contained in one sentence: “To prevent companies from shifting profits to tax havens, the framework includes rules to protect the US tax ...