Qantas Group has selected SAP executive Susan Doniz to fulfil the role of CIO after undertaking a global search for Luc Hennekens’ replacement. Hennekens revealed his intention to leave the national carrier in July after three years of leading its technology operations. He moved to France to join Airbus Group as CIO after working his last day at Qantas in September. Doniz will relocate from Canada to […]
The key economic releases this week are durable goods and GDP on Thursday. Chair Yellen’s speech on the labor market on Monday afternoon is also likely to garner considerable attention. While the calendar gets quieter in the weeks ahead over the holiday season, there are a few notable macro events to keep traders occupied. This week, the Bank of Japan and Riksbank deliver their latest policy verdicts, […]
Bank also aims to raise interest in Emirati youth to pursue banking and financial careers Dubai, 19 December, 2016 Emirates NBD, a leading bank in the region, has launched a brand new edutainment mobile simulation game, ‘Banki’ in its efforts to promote financial literacy in the UAE. Through its highly engaging and informational interface, Banki will target the nation’s youth to become economically aware at a young […]
As Trump prepares for his presidential inauguration, the connections to Russia of people who will likely serve in his administration have come under scrutiny. In 2013, Vladimir Putin awarded Tillerson with the Order of Friendship, a state decoration for foreigners whose work improves their countries’ relations with Moscow. “I don’t know what Mr. Tillerson’s relationship with Vladimir Putin was, but I’ll tell you it is a matter of […]
ALGIERS, Algeria: Algeria’s defense ministry says that 125 “terrorists” have been killed during year 2016, without giving details on their identities and the location of the military operations.In its monthly magazine El Djeich, the ministry also says that 225 other people have been arrested in its effort to fight terrorism.The ministry says the military “pursues its mission with determination and rigor, achieving results on the ground this […]
19 December 2016 Dubai: Rixos The Palm Dubai has experienced a 12 percent increase in occupancy rates in 2016 as compared to the previous year reaching the target of 90 percent. Rixos The Palm Dubai is one of the most sought after luxury hotels in the UAE by UAE citizens and residents, GCC nationals and residents and many other travelers from around the world. The influx of […]
By Ben Blanchard | BEIJING BEIJING An underwater drone taken by a Chinese naval vessel in the South China Sea last week is part of U.S. surveillance efforts in the disputed waterway, but Beijing won’t likely make a big fuss about its handover, Chinese state media and experts said. U.S. President-elect Donald Trump, who has vowed to take a more aggressive approach in dealing with China over […]
On Saturday morning, the Pentagon was eager to announce that China would return a U.S. Navy underwater drone after its military scooped up the submersible in the South China Sea late this week and sparked a row that drew in President-elect Donald Trump. As previously reported, Pentagon spokesman Peter Cook said that “through direct engagement with Chinese authorities, we have secured an understanding that the Chinese will […]
By Brenda Goh, Allison Lampert and Brad Haynes | SHANGHAI/MONTREAL/SAO PAULO SHANGHAI/MONTREAL/SAO PAULO New rules governing Chinese airline startups are fueling hopes at Embraer SA (EMBR3.SA), Bombardier Inc (BBDb.TO) and other regional jet makers for a spike in orders next year, but local competition and doubts about size restrictions still loom as major obstacles. The new policy is aimed at encouraging fledgling carriers to boost domestic flights […]
Ireland has laid out the grounds for its appeal against the European Commission’s demand that it claw back €13bn of state aid from Apple, accusing Brussels of interfering with national sovereignty. The Irish finance ministry said the EU’s executive arm had misunderstood both Irish law and the relevant facts of the case, and also that the commission had exceeded its powers. “Ireland does not do deals with […]
Kickstarter campaigns sometimes never deliver, Pebble Time 2 and Pebble Core, but we also see successfully funded products that end up providing what was promoted. The Ticwatch 2 campaign began in late July and reached its funding goal of $50,000 in just 10 minutes. While I surprisingly did not back this new smartwatch, I was recently sent an evaluation Ticwatch 2 Active to test out. I’ve used […]
BP cemented its 77-year relationship with Abu Dhabi by swapping about $2.2 billion of its own shares for a stake in one of the emirate’s largest onshore oil concessions. The U.K.’s second-biggest oil group will issue new ordinary shares to pay for 10 percent of the Abu Dhabi Company for Onshore Petroleum Operations Ltd., giving the emirate a 2 percent holding in BP, the London-based company said […]
Many stakeholders are now coming home after a productive week at the 2016 Internet Governance Forum (IGF) in Guadalajara, Mexico. As the first IGF since its 10 year mandate renewal by the UN General Assembly, this was a key edition to set the stage for multistakeholder cooperation in the next few years, and to identify the issues that will have to be addressed by the global Internet community now […]
UNITED NATIONS: The UN Security Council will vote Sunday on a French proposal to send observers to the flashpoint Syrian city of Aleppo to monitor evacuations and report on the protection of civilians, diplomats said.The council will meet at 10 a.m. (1500 GMT) to decide on the draft resolution, despite resistance from Russia, Syria’s ally and a veto-wielding Security Council member.France circulated a draft text late Friday […]
Settling into an interview with Marwan Bin Jassim Al Sarkal, the man in charge of luring foreign investors to Sharjah, it becomes evident that both tensions and ties bond the emirate with neighbouring Dubai. On the one hand Sharjah is cast into the shadows, often overlooked by businesses and visitors. On the other hand, the bigger brother’s international standing is helping the emirate of 1.5 million people […]
Philippines President Rodrigo Duterte(Photo: Tang Chhin Sothy, AFP/Getty Images) President Rodrigo Duterte threatened Saturday to terminate a pact that allows U.S. troops to visit the Philippines, saying “bye-bye America” as he reacted with rage to what he thought was a U.S. decision to scrap a major aid package over human rights concerns. A U.S. government aid agency, the Millennium Challenge Corporation, said earlier in the week that […]
With Net Profit Reaching SAR 159 Million; a 41.8% Increase Compared to the Same Period Last Year: 15 December 2016 Riyadh: Saudia Dairy and Foodstuff Company (SADAFCO) has commenced operations of the new solar project that comes in line with the Kingdom’s 2030 vision for renewable energy, offering new employment opportunities and creates economic diversification. “The new 2 SAR million solar power project at our Riyadh Regional […]
The New York Times will vacate eight floors of its midtown headquarters in a bid to make some money and improve its efficiency. “The current way we have configured our office makes us slower and less collaborative,” New York Times CEO Mark Thompson and Publisher Arthur Sulzberger Jr. said in a memo to staff Friday. “It is also, frankly, too expensive to occupy this many floors when […]
When it emerged from stealth in 2011, MapR was an outlier in the Hadoop community. At the time, Hadoop was defined largely by two projects adapted from Google research: MapReduce, which introduced highly linear, massively parallel processing to big data, and the HDFS file system, which could accommodate data by the petabyte. And at the time, Hadoop was defined as an Apache open source platform. MapR’s message, […]
BEIJING Beijing’s city government has ordered 1,200 factories near the Chinese capital, including an oil refinery run by state oil major Sinopec and a Cofco food plant, to either shut or cut output following its highest possible air pollution warning. Environmental authorities issued a red alert that started on Friday night and will run until Wednesday after warning of a smog build-up across China’s north. That will […]
President Barack Obama’s vow to retaliate against Russia’s alleged interference in the American election raises the prospect that he will impose new sanctions or conduct some form of cyber operations against Russia before he leaves office on January 20. Under pressure from many Democrats for not having done more to push back and deter Russia during the election campaign, the White House is now preparing a new […]
If there was a way to end the year on a bright note for as many businesses as possible, a deal to cut oil production was probably the most likely news to hit the spot. Of course, there will be some sectors not sharing in the joy – those that rely heavily on oil to fuel, such as aviation, manufacturing and agriculture, may be dreading increased costs. […]
Washington has protested to Beijing over a US Navy underwater drone being seized by the Chinese navy in the South China Sea, marking a sharp escalation in already rising tensions between the two countries. China claims sovereignty up to the ‘Nine-dash’ line A US defence official said the device was grabbed as it was being operated by the USNS Bowditch, a survey vessel. The Obama administration issued […]
MANILA Philippine President Rodrigo Duterte told the United States on Saturday to prepare for repeal of an agreement on deployment of troops and equipment for exercises, declaring “bye-bye America”, and we don’t need your money. But Duterte suggested relations could improve under a President Donald Trump. “I like your mouth, it’s like mine, yes Mr President. We are similar and people with the same feathers flock together.” […]
