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Integrated lifestyle development establishes a new benchmark for experiential travel in the region Dubai, UAE – 27 April 2017 – Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, together with Marriott International (NASDAQ: MAR) today announced plans to launch the region’s first cinema-themed concept at Aloft Dubai City Centre Deira. The concept will feature a unique […]

In a world-first, researchers have imaged electrons moving in graphene using a quantum probe found only in diamonds. The technique could be used to understand electron behavior and allow researchers to improve the reliability and performance of existing and emerging technologies. These images could reveal the microscopic behavior of currents in quantum computing devices, graphene and other 2-D materials, and be used to develop next generation electronics, […]

Betting big on Amazon and selling the shares of traditional retailers has been a blockbuster trade for some time. Now, a small but growing number of hedge funds are wagering that the next leg of the woes afflicting bricks and mortar retailers in the US will unfold dramatically for those shopping mall owners who have largely so far been considered immune. The level of bets against some […]

By Michael Martina and Ju-min Park | BEIJING/SEOUL BEIJING/SEOUL China on Thursday welcomed an apparently softer tone by the United States on the North Korean nuclear and missile crisis but stressed its opposition to a U.S. missile defence system being deployed in South Korea. China has long promoted dialogue to resolve the “Korean nuclear issue” as North Korea has repeatedly threatened to destroy the United States which […]

By James Pomfret, Lawrence White and Sumeet Chatterjee | DONGGUAN, China/LONDON/HONG KONG DONGGUAN, China/LONDON/HONG KONG In the digital age, footfall in bricks-and-mortar outlets is an incomplete measure of business activity, but HSBC’s empty branches in the Pearl River Delta (PRD) suggest it’s not all plain sailing for the bank’s expansion in mainland China. HSBC, the world’s sixth-largest bank by assets, announced in 2015 that it would hire […]

The Nintendo Switch could one day be capable of playing virtual reality titles. Even Nintendo itself acknowledges the thought, having detailed such functionality inside the Switch’s patents released a while back. Now, a YouTuber has tested that ahead of everyone else, and the results are, well, ample food for thought. Nintendo Switch: Is Virtual Reality On The Cards? First off, virtual reality on the Switch is indeed possible […]

Deutsche Bank must set its sights higher, its chief executive said on Thursday, after its core investment banking businesses were outpaced by US rivals in the first quarter of the year. In the three months to March, Germany’s biggest bank managed a net profit of €575m, more than double the €236m it posted in the same period a year earlier, and ahead of analysts’ expectations of €522m. […]

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LONDON British Foreign Secretary Boris Johnson told voters not to dismiss opposition Labour leader Jeremy Corbyn as a harmless “mutton-headed old mugwump” but rather to see him as a serious threat to the economy and national security. In his first intervention in the campaign ahead of a snap election due on June 8, the Conservative politician argued that it would be disastrous for Britain if veteran leftist […]

Saudi Arabia has imposed limits on the ownership of prepaid SIM cards for citizens and foreigners, restrictions that the regulator said aim to prevent the use of cards in carrying out militant attacks in the kingdom. Foreign residents, who make up more than a third of the population, are now limited to two prepaid SIM cards across all operators, according to two people familiar with the matter. […]

By Joseph Nasr | DORTMUND, Germany DORTMUND, Germany For all its economic success, Germany has a growing problem with inequality and poverty, and yet Chancellor Angela Merkel seems to be deflecting the blame so far as the battlelines are drawn for elections in September. GRAPHIC – German income inequality tmsnrt.rs/2p3AtK4 Renowned for its highly-skilled workforce, Germany has in fact a greater proportion of working poor – people […]

By Brian Ellsworth | CARACAS CARACAS Protesters blocked a highway in Venezuela’s capital Caracas for nearly eight hours this week in an effort to show the opposition’s dedication to civil disobedience as their main tool to resist President Nicolas Maduro. But by the end of the afternoon, hooded youths had filled the highway with burning debris, looted a government storage site, torched two trucks and stolen medical […]

The big announcement of the really, really big Trump Tax Plan with the “biggest tax cuts in history” came out bigly on Wednesday, as Trump promised. Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn, Trump’s latest tax team, beamed proudly as they presented their baby. The stock market took a deep breath, then  looked at their brainchild and completely petered out. First, let me say, I clearly have nothing to recant […]

European companies have been slow to capitalise on this week’s market rally — a pause in issuing new bonds that bankers do not expect to last with borrowers set to return as the spring earnings season progresses. There was no investment grade euro bond issuance from non-financial corporates last week as debt issuers sat on the sidelines ahead of the first round of the French presidential election […]

By Mica Rosenberg and Dan Levine | NEW YORK/SAN FRANCISCO NEW YORK/SAN FRANCISCO Even if President Donald Trump wins an appeal of a court ruling blocking his executive order on sanctuary cities, arguments made by the government in the case could permanently harm its efforts to cut off federal funding to targeted cities, some legal experts say. Trump’s original order, issued on Jan. 25, stated that cities […]

A Malta magistrate is investigating explosive claims of money laundering and corruption that have put New Zealand in the middle of a global cash trail from the family of Azerbaijan president Ilham Aliyev. President Aliyev’s daughter, Leyla Aliyeva, is alleged to have channelled more than $1.5 million to senior figures of the Malta government, including Prime Minister Joseph Muscat’s wife. These include alleged payments to Panama companies […]

· “The Middle East remains an extremely important region and we are committed to enhancing our customer experience,” says Robert Williams · British Airways’ recently announced investment plans to boost customer experience with the new First Wing now open to passengers flying from Kuwait · Airline set to launch 22 New Routes in 2017 expanding its network of onward connections for Kuwaiti and wider Middle […]

By Steve Holland | WASHINGTON WASHINGTON U.S. President Donald Trump told the leaders of Canada and Mexico on Wednesday that he will not terminate the NAFTA treaty at this stage, but will move quickly to begin renegotiating it with them, a White House said. The announcement came after White House officials disclosed that Trump and his advisers had been considering issuing an executive order to withdraw the […]

Guardians of the Galaxy Vol. 2, one of the most highly anticipated movies of 2017, was an intergalactic rollercoaster ride from start to finish, featuring a complete range of emotions, laser blasters, all kinds of love, a living planet, and Baby Groot. How such a crazy combination of elements works in a film is beyond comprehension, but the chaos is exactly what makes Guardians of the Galaxy […]

RAS AL KHAIMAH // Schoolchildren were introduced to the importance of archaeology and the country’s heritage by going on a dig at the abandoned pearling village of Jazirat Al Hamra. Forty-seven children from RAK Academy spent a morning this week at the unique site that dates from the 17th century, and also had a chance to build a wall using traditional building materials such as coral. “The […]

Donald Trump has decided not to pull the US out of the North American Free Trade Agreement, agreeing instead with his Canadian and Mexican counterparts to “proceed swiftly” with negotiations to update the agreement, according to the White House.  The move came in hastily arranged calls between the three leaders after news leaked that the White House was considering unveiling an executive order on Saturday that would have […]

The remarks, in an interview that was recorded Tuesday, came at the end of Ms. Trump’s rocky 24-hour trip this week to Germany, her first official foray since taking a West Wing office last month. Continue reading the main story A spokeswoman for Ms. Trump did not respond to questions about her position on immigration — or about whether her remarks were intended to pressure her father. […]

Indian carrier Jet Airways said Wednesday it had suspended a foreign pilot from flying duty over allegations that he assaulted a woman and hurled racist abuse at another passenger on a domestic flight. The Mumbai-based airline, in which Abu Dhabi’s Etihad Airways holds a 24 percent stake, confirmed the incident took place on April 3 on a Chandigarh-Mumbai flight, adding the pilot in question had been taken […]

PARIS Fewer French voters believe centrist Emmanuel Macron got off to a good start in the last lap of France’s presidential election than far right leader Marine Le Pen, a poll showed on Thursday. Macron, the favourite to win the presidency, has suffered several costly public relations missteps since he and Le Pen qualified in a first round of voting on Sunday for the decisive May 7 […]

Small Australian internet service provider (ISP) Comvergence has begun deploying the nation’s first G.fast services using the AXOS solution from broadband communications access systems and software provider Calix. The G.fast service is being provided to businesses across Sydney and Melbourne, with Calix’s AXOS E5-16F G.fast node and 801F GigaPoints being installed inside multi-tenant units. The service is currently delivering symmetrical speeds of around 300Mbps, with the capacity […]

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