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Bloomberg After a savage three-day sell-off, Noble Group Ltd. shares climbed on Tuesday even as Moody’s Investors Service joined S&P Global Ratings in highlighting the embattled commodity trader’s finances, saying that estimated liquidity isn’t sufficient to cover debt due by mid-2018. Moody’s said that while the liquidity headroom, including cash and unused committed facilities, was $2.4 billion at end of ...

Bloomberg There’s a blame game brewing over who’s responsible for the massive cyberattack that infected hundreds of thousands of computers. Microsoft Corp. is pointing its finger at the US government, while some experts say the software giant is accountable too. The attack has affected computers in more than 150 countries, including severe disruptions at Britain’s National Health Service. The hack ...

Bloomberg Waymo won a ruling that may strengthen its trade-secrets suit against Uber Technologies Inc. even as the Alphabet Inc. unit fell short of its goal to bring its rival’s driverless-car program to a standstill. US District Judge William Alsup approved of Uber’s move last month to demote the engineer leading its self-driving unit to keep him away from related ...

Washington / Agencies His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has arrived at the White House where he was received by US President Donald Trump. President Trump welcomed the visit of HH Sheikh Mohamed and his accompanying delegation. The delegation includes HH Sheikh Tahnoun bin ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood ‘Mother of the UAE’ was chosen as the Person of the Year 2017 by the Khalifa International Award For Date Palm And Agricultural Innovation. This was announced during ...

Dubai / Emirates Business Dubai continues to be the key driver in the region’s trade in fragrances and cosmetics, even as the Middle East grows in prominence as an important global destination for beauty and wellness products. This was borne out by the latest trade figures released by Dubai Customs, at the ongoing Beautyworld Middle East 2017 – the leading ...

Dubai / Emirates Business DAMAC Properties Dubai Co. PJSC, a leading property developer in the Middle East, on Monday announced the financial results for the first three months ending March 31. During the first three months of 2017, DAMAC recorded revenues of AED 1.95 billion, with gross profit margins at 54%. Net profit for the reporting period stood at AED ...

Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (ADNEC) is marking an emphatic participation at the 2017 edition of Worldwide Exhibition for Incentive Travel, Meetings and Events (IMEX), the largest European trade show for the international congress, conference and events sector, currently underway at Messe Frankfurt in Germany. The delegation from ADNEC is attending various co-located events including ...

Bloomberg The two top officials at the Justice Department have interviewed eight candidates to replace the fired James Comey amid demands from lawmakers of both parties for Donald Trump to turn over any recordings he may have made of his meetings with the former FBI director. Washington continued to be roiled by Trump’s firing of Comey on May 9, citing ...

Bloomberg Just six months ago, Indian companies and policy makers were grappling with a record-low exchange rate. Now, the rupee’s unexpected rebound is causing fresh problems. While the currency’s 5.9 percent jump against the dollar so far this year will help tamp down inflation, it’s posing a challenge for the earnings of India’s exporters. For information technology and drug companies ...