AMBALANTOTA /Â AP At least 21 people were injured on Saturday in violent clashes between Sri Lankan government supporters and villagers marching against what they say is a plan to take over private land for an industrial zone in which China will have a major stake. Police used tear gas and water cannons to try to break up the clashes, ...
Read More »Zimbabwe succession scuffle turns into tempest in a tea cup
HARARE / AP The often nasty battle to succeed Zimbabwe’s aging president has turned into a tempest in a tea cup — literally. On the face of it, nothing was wrong with Facebook photos of one of the country’s vice presidents holding a mug with friends during the recent holidays. Problem is, the mug featured the words “I Am the ...
Read More »The cars to watch for at Detroit Auto Show
Bloomberg Last year was a good one for global carmakers. In the week before the North American International Auto Show that will start on Monday in Detroit, Audi, McLaren, Mercedes, Jaguar, and Land Rover, among others, announced record-breaking sales numbers for December and predicted new highs for 2016. Some, like Ford, held steady in certain segments; the company’s F-Series ...
Read More »Marchionne enters final push to free Fiat Chrysler from debt
Bloomberg Sergio Marchionne enters the final stretch of his career at Fiat Chrysler Automobiles NV with a daunting mission: prove wrong the doubters who question how he can make the carmaker’s $5.29 billion in debt disappear by the time he steps down in two years. His strategy update will be a closely watched presentation next week at the Detroit ...
Read More »The Chevy Bolt is the ugly car of near future
Bloomberg If you’re in the market for a car, there are some good reasons not to buy Chevrolet’s new Bolt. Maybe you insist on leather seats, take long road-trips to the middle of nowhere, or have a boat to tow around. If not, GM’s new long range electric vehicle will be at the very least entirely sufficient for your ...
Read More »95 percent of Emirati families in Sharjah have free home libraries
Sharjah / Emirates Business Knowledge without Borders (KwB), a Sharjah-based cultural initiative, recently announced that more than 95% of Emirati families in Sharjah have already received free home libraries as a result of their ‘Home Library’ project, which aims to provide 42,366 fully equipped personal libraries to Emirati families living in all areas of Sharjah. Rashid Al Kous, General ...
Read More »TBHF’s ‘warm hearts’ to help displaced families in Aleppo, Mosul
Sharjah / Emirates Business In view of the deepening crisis and the onset of a harsh winter in Syria and Iraq, The Big Heart Foundation (TBHF), a Sharjah-based global humanitarian charity dedicated to helping refugees and people in need worldwide, has launched a relief campaign under the theme ‘Warm Hearts’ in collaboration with the United Nations High Commissioner for ...
Read More »105 nationals graduate from Strata’s Aerostructures Training Programme
ABU DHABI / WAM Strata Manufacturing, a wholly owned company of Mubadala Development, celebrated the new batch of 105 nationals graduates of its Aerostructures Training Programme. Emiratis now account for over half of the total workforce in the company, supporting the national ambition of building a global aerospace hub in Abu Dhabi’s eastern city of Al Ain. The milestone ...
Read More »Sharjah World Music Festival draws big crowd
Sharjah / Emirates Business The Sharjah World Music Festival 2017 (SWMF 2017) got off to an electrifying start with Emirati superstar Hussain Al Jassmi and Egyptian pop queen Sherine Abdel Wahhab rocking the audiences with a selection of their greatest hits until the wee hours of Saturday morning at Al Majaz Amphitheatre. The event was attended by Sheikh Sultan ...
Read More »Trump’s great guessing game
We’re all playing a guessing game. During the campaign, Donald Trump made many promises. But whether friend or foe, we don’t know what he will actually do. The result is a deluge of predictions from politicians, pundits, think tanks, lobbyists, economists and others. Here, for example, is the outlook of economists at Nomura Securities. Conceding enormous “uncertainty,†the economists ...
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