10th edition of Almas Bazar Exhibition begins in Dubai

Dubai / WAM Sheikha Fatima Bint Hasher bin Dalmouk, President of Sawaed Al Khair Foundation, opened the 10th edition of Almas Bazar Exhibition. The special annual women’s exhibition took place at The Address Dubai Mall hotel, and will continue till March 13. The exhibition, which was graced by many social representatives, celebrities, wives of consuls, designers, and artists, celebrated ten ...

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YPO’s annual EDGE conference concludes in Dubai

Dubai / Emirates Business Young Presidents’ Organization (YPO), the world’s premier network of chief executives and business leaders, concluded its flagship event, YPO EDGE, in Dubai, where it hosted more than 2,400 senior business leaders from more than 90 countries. Change agents and industry disruptors from different fields shared innovative ideas and business models at the 2016 YPO EDGE. From ...

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Trump under fire from rivals for rally violence in Chicago

Chicago / AFP Donald Trump is under fire from rivals who blamed his incendiary rhetoric for a violent outbreak Friday between protestors and supporters at the Republican frontrunner’s rally in Chicago. Trump cancelled the event after demonstrators scuffled with his supporters and police struggled to maintain order, with hundreds of protesters showing up. “When you have a campaign that affirmatively ...

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Europe, Russia embark on search for life on Mars

PARIS / AFP Europe and Russia are set to launch an unmanned spacecraft on Monday to smell Mars’ atmosphere for gassy evidence that life once existed on the Red Planet, or may do so still. ExoMars 2016, the first of a two-phase Mars exploration, will see an orbiter hoisted from Kazakhstan at 0931 GMT Monday on a Russian Proton rocket. ...

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EU and Cuba sign agreement, normalize ties in ‘historic step’

Havana / AFP The European Union and Cuba signed a deal to normalize relations, including an agreement on the delicate issue of human rights—a breakthrough just ahead of US President Barack Obama’s historic visit to the island. The agreement, the culmination of nearly two years of negotiations, is a further step toward ending the communist country’s status as a pariah ...

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With Rousseff’s survival in doubt, eyes turn to protests

BLOOMBERG Hundreds of thousands of Brazilians are gearing up to march in Sunday’s anti-government protests, which could tip the balance against President Dilma Rousseff in her struggle to remain in office. As of Friday evening, more than 360,000 people had signed up on a Facebook page pledging to take part in opposition marches, a 20 percent increase from Thursday morning. ...

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Battle for Aman Resorts spills over to NY

Bloomberg A battle over 27 of the world’s most luxurious resorts spilled over into a Manhattan bankruptcy court the day after a U.K. court approved a settlement involving two former business partners — American entrepreneur Omar Amanat and Russian-born real estate developer Vladislav Doronin. British Virgin Islands-based Aman Resorts Group Ltd., or ARGL, filed a lawsuit in New York blaming ...

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Shanghai authorities discuss ways to cool property

Bloomberg Shanghai authorities held a meeting to discuss measures to cool a surge in property prices after recent frenzied residential homebuying, according to people familiar with the matter. The municipal government’s National Development and Reform Commission held discussions with regional authorities from the People’s Bank of China (PBOC) and the China Banking Regulatory Commission (CBRC) , said the people, who ...

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Manhattan luxury rental prices fall as condo buyers seek tenants

Bloomberg At One Riverside Park, a new luxury-condo tower on Manhattan’s Upper West Side, a never-lived-in four-bedroom apartment is available for rent at $22,995 a month, about $2,000 less than the owner was seeking in January. The 2,830-square-foot (260-square-meter) dwelling, with floor-to-ceiling windows and panoramic views of the Hudson River, has competition for tenants. Forty-five percent of the 161 units ...

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Yahoo CEO confident of new turnaround plan

Bloomberg Marissa Mayer is hopeful of keeping her job leading Yahoo! Inc. even if the struggling Web pioneer changes hands. Under pressure from investors and facing a potential proxy fight, the chief executive officer has pledged to do what’s best for shareholders as Yahoo reviews alternatives for separating its core internet business from a stake in Alibaba Group Holding Ltd. ...

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