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Saudi warns Qatar of no room for negotiation over demands

Bloomberg Qatar will remain cut off from its neighbours unless its leaders meet the full demands of the Saudi Arabia-led coalition, a senior Saudi official said, even as the top US diplomat continued efforts towards a negotiated settlement. “We made our point, we took our steps and it’s up to the Qataris to amend their behaviour,” Saudi Foreign Minister Adel ...

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Turnbull plays down tensions within govt

Bloomberg Australian Prime Minister Malcolm Turnbull sought to focus attention on his plans to boost the economy, after conservative firebrand lawmaker Tony Abbott criticized the nation’s direction under Turnbull’s leadership. “Australians are bored, fed up with journalists and politicians talking among themselves,” Turnbull, who led the Liberal-National coalition to a razor-thin one-seat election victory a year ago, told reporters on ...

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Abu Dhabi Police to implement new traffic fines from July 1

Abu Dhabi / WAM The amended executive regulations of this year’s Federal Traffic Law No. 21 will be implemented from July 1, as per Ministerial Resolutions 177 and 178 (2017) regarding traffic control rules and procedures. Brigadier Ali Khalfan Al Dhaheri, Director-General of Central Operations at Abu Dhabi Police, called on drivers to follow traffic rules and laws while confirming ...

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UNESCO names Sharjah as World Book Capital 2019

Sharjah / Emirates Business Signaling a groundbreaking achievement for the UAE and the Arab world, Sharjah has been crowned with the prestigious ‘World Book Capital’ title for 2019 by United Nations Educational, Scientific and Cultural Organisation (UNESCO). The honour is a recognition of the emirate’s pioneering role in supporting and expanding the local and regional publishing industries, promoting reading to ...

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GETEX Autumn 2017 to offer higher education options

Dubai / Emirates Business The Gulf Education and Training Exhibition (GETEX), the leading student recruitment platform in the Middle East and Asia, is set to return with its autumn edition to support higher education providers in student recruitment for their Fall 2017 and Spring 2018 sessions. Held under the patronage of the UAE Ministry of Education, GETEX Autumn 2017 will ...

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Lawyers smiling as new India tax set to fuel litigation wave

Bloomberg India’s new goods and services tax will spark a flood of litigation on everything from which tax brackets companies fall into to the revenue they generate, some of the country’s top lawyers predict. The complex nature of India’s GST — which has four tax brackets ranging from five percent to 28 percent — is bound to attract thousands of ...

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Cotton crop in India seen at 3-year high on local price

Bloomberg Cotton output in India, the world’s biggest grower, may increase to a three-year high as some farmers plant more of the fiber on better returns compared to other crops. Production will probably climb to 37.5 million to 38 million bales in the harvesting season starting Oct. 1, from 34.1 million bales a year earlier if the monsoon is normal ...

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China early data signal that growth may have peaked for 2017

Bloomberg The earliest indicators for China’s economy in June signal that the manufacturing sector may be poised to decelerate, while other challenges loom in the second half of this year. Small- and medium-sized enterprises showed the lowest level of confidence in 16 months, a gauge of manufacturing drawn from satellite imagery slumped, and conditions in the steel business remained lackluster. ...

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Google fined $2.7bn as EU threatens search monopoly

Bloomberg Google lost its biggest regulatory battle yet, getting a record 2.4 billion-euro ($2.7 billion) fine from European Union enforcers who say the search-engine giant skewed results to thwart smaller shopping search services. Alphabet Inc.’s Google has 90 days to “stop its illegal conduct” and give equal treatment to rival price-comparison services, according to a binding order from the European ...

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Waymo, Apple deals a benefit for rental-car firms

Bloomberg Old-school rental-car agencies may have a road map to prosper in the age of self-driving taxis after all. Avis Budget Group Inc. agreed to manage a fleet of 600 self-driving Chrysler minivans for Alphabet Inc.’s Waymo autonomous technology division. In addition, Hertz Global Holdings Inc. will lease Lexus sport-utility vehicles to Apple Inc., which will convert them to self-driving ...

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