The Ras Al Khaimah Government has decided to amend maternity leave rules for working women, enabling them to take three months of fully paid leave. The move follows the directives of the UAE Gender Balance Council to strengthen the balance index between the sexes in government agencies, news agency WAM reported. The council was launched by Vice President and Prime Minister and Ruler of Dubai, Sheikh Mohammed […]
The dollar broke new ground in its post-US election surge against the yen on Friday as the market eyed a potential ¥3.8tn ($34bn) deluge of yen selling by life insurers. Tokyo’s morning session saw speculators pushing the dollar into the high ¥113 zone — an eight-month peak and a move that is underpinned by more unwinding of long yen positions built ahead of what big Japanese investors […]
By Sam Forgione | NEW YORK NEW YORK Key stock indexes on Wall Street swept to record intraday and closing highs on Black Friday thanks to gains in consumer staple and technology shares, while European stocks climbed and a stabilization in U.S. Treasury yields promoted investors to sell the dollar. The Dow, S&P 500 and Nasdaq indexes, as well as the small cap Russell 2000 , hit […]
Vivendi has been pursuing a creeping strategy to takeover Ubisoft by way of its continued acquisition of Ubisoft stocks. The game company’s top executives have so far balked at this bid, stating that Ubisoft will never be the same if the French media conglomerate proved successful. Looming Vivendi Takeover The observers’ consensus is that Vivendi’s hostile takeover is a done deal despite claims that Ubisoft is doing its […]
As Wall Street traders departed for Thanksgiving this week, they could celebrate a rare achievement. On Monday and Tuesday, the four most widely cited indices of US stocks — the S&P 500, the Dow Jones Industrial Average, the Nasdaq Composite and the Russell 2000 — hit all-time highs simultaneously. The last time a “grand slam” happened was on New Year’s Eve 1999, at the height of the […]
The host Toronto Argonauts and the league seemed to misread the market by setting ticket prices between $189 and $899. By October, when half the seats remained unsold, they slashed the prices of the lowest-cost seats to $89. Continue reading the main story A sellout is now expected at the open-air stadium, which was expanded to about 35,000 seats for the game, thanks to a spike in […]
ABU DHABI // An international conference aimed at protecting cultural heritage during armed conflicts will take place in Abu Dhabi on December 2 and 3. The “Safeguarding Endangered Cultural Heritage” conference is an initiative by Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, and French President Francois Hollande. It will be held under the patronage of the United […]
Last year Donald Trump ended his run of 14 seasons as the cocksure boss on The Apprentice to prepare for his improbable White House bid. Today, as the US president-elect, he is assembling his administration in a way that suggests a new show is in the offing: The Appointee. The billionaire showman has brought the spectacle of reality television to the task of choosing his top political […]
By Nandita Bose and Siddharth Cavale Crowds were thin at U.S. malls and stores on Black Friday morning, formerly the traditional start of the holiday shopping season, and online channels were expected to show the strongest gains in sales over last year. Consumers’ greater interest in shopping online was reflected in glitches for the Macy’s Inc website, which was overwhelmed and forced many customers to wait to […]
Not only was the long-rumored Boba Fett Star Wars Anthology movie a going concern, but a teaser reel was prepped to be shown at Star Wars Celebration 2015 alongside an official announcement, before being axed “at the last minute” following a split between Disney and mooted director Josh Trank. This comes courtesy of Entertainment Weekly sources, who say that the project has now been backburnered. Trank seemingly left […]
Palestinian leaders were more wary. “I don’t personally know Jared Kushner and have never met him, but welcome the idea of having him assist in breaking the deadlock in the negotiations of the conflict,” said Amin Maqboul, secretary general of the revolutionary council of Fatah, the party that controls the Palestinian Authority. Continue reading the main story The extent of Mr. Kushner’s relationship with Israel is unclear. […]
BOSTON Activist shareholders plan a record number of resolutions focused on climate change at U.S. company annual meetings in 2017, even as President-elect Donald Trump looks set to loosen environmental regulations. Based on filings so far, U.S. companies are on track to face roughly 200 resolutions on climate matters at their shareholder meetings next year, according to Rob Berridge, who follows the subject for Ceres, a sustainability […]
Luxury watch brand IWC Schaffhausen has launched an Arabic-inspired limited-edition Portugieser Chronograph with retail partner Ahmed Seddiqi & Sons in Dubai. The watch, which is limited to 200 pieces, is the brand’s first-ever to be manufactured with Eastern Arabic numerals. A part of its sales proceeds will go to Al Jalila Foundation which focuses on improving lives through medical education and research in the UAE. The Portugieser […]
Global Manufacturing and Industrialisation Summit will enable discussion on standardising new technologies for industry-wide applications Current lack of standardisation means developing Internet of Things technologies are unable to communicate universally, limiting their potential Abu Dhabi, UAE, November 25, 2016 The Global Manufacturing and Industrialisation Summit (GMIS) will further global discussions and spur international action on emerging technology standardisation, said Ludovica Alcorta, Director of the Development Policy, […]
November 25, 2016 by: Jamie Chisholm in London and Peter Wells in Hong Kong Friday 08:30 GMT. Overview Stock markets are cautiously mixed as traders await Wall Street’s return to the fold after the Thanksgiving break. US futures suggest the S&P 500 will be in line for another record, looking to add 1.5 points to 2,206.3 when the opening bell rings later in New York. Still, for […]
A humbling defeat at the hands of a nation a small fraction of your size. A manager briskly fired, hastily replaced on a messy temporary basis by pretty much the only guy anyone could think of at the time. Question marks that linger not just about whether the team is good enough, but whether the players themselves care enough about representing their country. These are difficult days […]
Sheikh Hazza bin Zayed, Deputy Chairman of Abu Dhabi Executive Council, attended a mass wedding for the Al Zaab tribe on Wednesday at Majlis Al Zaab. Wam Sheikh Nahyan bin Mubarak, Minister of Culture and Knowledge Development, centre, Ahmed Juma Al Za’abi, Deputy Minister of Presidential Affairs, left, and Jaber Al Suwaidi, Director-General of the Crown Prince Court – Abu Dhabi, right, attended the group wedding. Boris […]
After a US election in which hyper partisan news sites helped propel Donald Trump to the presidency, the future direction and financing of this ardent alternative journalism seems unclear. In recent days, some brands and ad platforms have blacklisted the right-wing Breitbart News for hate speech, while Facebook and Google — facing accusations of enabling misinformation online — have acted to prevent their advertising from appearing on […]
By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks advanced on Friday as the Thanksgiving break in the United States helped slow a relentless surge in the dollar that has sucked capital out of most emerging markets. The respite for Asian assets may be short-lived, however, with U.S. Treasury yields resuming their climb after the holiday as investors bet that President-elect Trump will adopt policies that increase spending […]
The burst of Democratic spending is causing heartburn for operatives working to keep the Senate in Republican hands. “I worry every day, and every day it’s a different state,” said Scott Reed, the senior political strategist for the U.S. Chamber of Commerce. The Chamber has spent $32 million boosting Republican congressional candidates, according to FEC filings. But in October, two weeks before the election, Reed found himself […]
BEIRUT: Syrian government forces are trying to split opposition-held eastern Aleppo in two in a fierce ground and air assault that is taking a heavy toll on besieged civilians and rebel fighters who are battling hard to stop them, a rebel commander said.Abu Abdelrahman Nour, Aleppo commander of the Jabha Shamiya, one of the biggest groups fighting against President Bashar Assad in northern Syria, called for more […]
The battle for Thanksgiving online shoppers is well under way, with early data suggesting that it is off to a positive start. Between midnight and 5pm US Eastern Time, online sales increased 13.6 per cent to $1.15bn, compared with 2015, according to Adobe Digital Index, which tracks 80 per cent of online sales of the top 100 retailers. It said this figure meant sales via ecommerce for […]
Video Wildfires Spread Across Northern Israel Dry conditions and strong winds on Thursday whipped up wildfires near the port city of Haifa in northern Israel, forcing the evacuation of tens of thousands of people, damaging property and devouring forests. By REUTERS and THE ASSOCIATED PRESS on Publish Date November 24, 2016. Photo by Ariel Schalit/Associated Press. Watch in Times Video » JERUSALEM — Parts of the port […]
By Tim Hepher and Johanna Decosse | TOULOUSE, France TOULOUSE, France Europe’s largest twin-engined passenger jet, the Airbus (AIR.PA) A350-1000, took to the skies for the first time on Thursday, seeking to grab the spotlight from Boeing’s popular 777. The lightweight carbon-fiber plane, 7 meters longer and able to carry 40 more people than A350s already in service, began a three-hour debut flight at 4.42 a.m ET, […]
