Masonry Layout

  Bloomberg Samsung Electronics Co. didn’t quite come out and actually say it, but South Korea’s most valuable company is probably going to split as soon as next year. Samsung said on Tuesday it’s looking at a plan to turn itself into a holding company, and would have more to say on the issue at a later date. The idea ...

  Bloomberg The brawl atop India’s largest conglomerate isn’t just splitting the $100-billion Tata Group, it’s also forcing the nation’s business community to pick sides. That’s because many of India’s industry captains are board members at Tata’s dozens of units. They include the heads of the nation’s oldest conglomerate — the Wadia Group — top mortgage provider Housing Development Finance ...

  Bloomberg German carmakers BMW, Daimler, Porsche and Audi and US competitor Ford said on Tuesday they would cooperate on a Europe-wide network of electric charging stations. The move is an “important step towards facilitating mass-market battery electric vehicle adoption”, the manufacturers said in a joint statement, and comes as German carmakers rev up their offers of electric cars for ...

  Chernobyl / AFP Ukraine on Tuesday unveiled the world’s largest moveable metal structure over the Chernobyl nuclear power plant’s doomed fourth reactor to ensure the safety of Europeans for future generations. The gigantic arch soars 108 metres (355 feet) into the sky — making it taller than New York’s Statue of Liberty — while its weight of 36,000 tons ...

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) signed a Power Purchase Agreement (PPA) with Abu Dubai Future Energy Company (Masdar), for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The agreement was signed by Dr. Sultan Ahmed Al Jaber, Minister of State and Chairman of Masdar, and Saeed Mohammed Al Tayer, MD & ...

  Abu Dhabi / WAM Over 2,000 Abu Dhabi National Oil Company (ADNOC) Group employees, from across 18 operating companies, walked together, on Monday, from ADNOC’s headquarters to the headquarters of the Abu Dhabi Company for Onshore Petroleum Operations (ADCO), and back, to mark the 45th anniversary of the founding of ADNOC on November 28,1971. Dr Sultan Ahmed Al Jaber, UAE ...

  Dubai / Emirates Business Yoox Net-a-Porter, the world’s leading online luxury fashion retailer, announced a $138 million joint venture with Symphony Investments, an entity controlled by Mohamed Alabbar, to create the Middle East’s undisputed leader for online luxury retail, in a partnership that will draw on the region’s enormous growth potential. The partnership will see Mohamed Alabbar focus his ...

  Dubai / Emirates Business Dubai Customs launched on Monday the Smart Workplace Platform, the latest innovative initiative that comes as part of Dubai Customs’ efforts to materialize the vision and directives of the UAE wise leadership in instilling innovation as a fixed approach and a daily practice in order to achieve the move towards a full smart government following ...

  Sharjah / Emirates Business Sharjah Commerce and Tourism Development Authority (SCTDA) is preparing to welcome 200,000 Chinese visitors to the emirate of Sharjah by 2021, according to a statement. HE Khalid Jasim Al Midfa Chairman of SCTDA, explained that China is major international source market for tourism and commerce. Hotels welcomed over 75,000 Chinese visitors during the first three ...

  Aleppo /AFP Syria’s rebels lost all the northern neighbourhoods of their stronghold in east Aleppo on Monday, as the army made significant advances in its offensive to recapture the entire city. The regime’s gains have prompted an exodus of desperate civilians, most fleeing to districts held by the government or Kurdish forces, others heading south into areas still under ...