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Sarkozy, Juppe seek nomination that could decide French election

  PARIS / AFP France’s presidential race started in earnest on Wednesday as seven rightwing candidates including ex-president Nicolas Sarkozy were confirmed to contest a November primary, with the nominee seen as the likely winner of next year’s election. The stakes are high with polls showing that the winner of a duel between the two leading candidates from the Republicans ...

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‘Philippines’ crime war a risk for economy’

  Manila / AFP President Rodrigo Duterte’s deadly war on crime is threatening the Philippines’ economy and endangering its democratic institutions, international credit rating agency Standard and Poor’s warned on Wednesday. S&P maintained its stable outlook for the Philippines, but highlighted a range of “weaknesses” under the new Duterte administration that also included his foreign policy and national security statements. ...

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Samsung suffers backlash over smartphone response in China

  Beijing / AP Liu Jingtang was a Samsung loyalist. The Shanghai technology consultant traded up steadily through its smartphones to the new Note 7. But Liu’s devotion was shaken by the Korean tech giant’s confusing response to its latest product safety scare. Liu, 32, said Samsung Electronics quickly confirmed his Note 7 wasn’t covered by a recall announced last ...

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Denmark eyes looming skills shortage as economy picks up

  Copenhagen / AFP After a lacklustre recovery from the 2008 financial crisis, Denmark’s central bank has warned that the labour market faces a squeeze as unemployment falls, the population ages and young people shun vocational jobs. At Technical Education Copenhagen, traineeships for another 20 to 30 lorry drivers could probably have been found if only people were interested in ...

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Behold top designs from across globe at Dubai fair

  Emirates Business Held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, in strategic partnership with the Dubai Design District (d3) and supported by the Dubai Culture and Arts Authority, Downtown Design will return this October 25-28 for its fourth edition as the commercial centrepiece of Dubai Design Week. Hosted in d3, the creative ...

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GCC fintech startups cash in on millennial banking needs

  DUBAI / Emirates Business GCC Financial Technology (FinTech) startups are cashing in on the always-connected banking habits of Millennials, say industry experts ahead of GITEX 2016. There is a surge in growth of “moneyhawks” — the high-income, and under-35-year-old customers who want constant mobile access to their banking and finance accounts. Banks often struggle to profit from their customers. ...

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Abu Dhabi Ports achieves double digit growth in H1

  Abu Dhabi / Emirates Business Abu Dhabi Ports, the master developer, operator and manager of the ports and Khalifa Industrial Zone in the Emirate, has seen a successful first half of 2016 with new remarkable results announced on Tuesday. This comes in parallel with the prosperous economic growth witnessed in the emirate of Abu Dhabi, reaffirming its prestigious commercial ...

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Mohammed praises achievements of UAE’s Paralympic team

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, commended the sports achievements of the UAE National Paralympic team at the 2016 Rio Paralympic Games in Rio de Janeiro, Brazil. The team won seven gold, silver and bronze medals. While meeting the members of the team at Zabeel ...

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Etihad gets ‘Airline of the Year’ award for third straight year

Dubai / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, has been awarded the ‘Airline of the Year’ award for the third consecutive year by UK magazine, Travel Trade Gazette (TTG). The awards were announced on Monday night at a prestigious ceremony at the Lyceum Theatre in London’s West End. The airline was nominated in two ...

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