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China fears propel Apple shares toward five-day losing streak
People queue outside an Apple store to buy the new iPhone 6 and 6 Plus in Beijing November 16, 2014. Reuters/Petar Kujundzic SAN FRANCISCO Apple Inc’s (AAPL.O) stock was heading toward its first five-session losing streak since January on Thursday as investors worried about the economic health of China, a key market for iPhones. Apple shares were down 2 percent at $120.15 in afternoon trade and have […]
Iran super tankers eye western waters
|TAP Staff| Iran’s oil biggest shipping company has amassed the world’s largest fleet of super tankers and is in talks to sail back into western waters should the Islamic Republic strike a nuclear deal, according to senior officials, the Wall Street Journal reported. The report quotes privatised Iranian shipping company NITC as saying it has 42 very large crude carriers, known as VLCCs, after buying 20 such […]
Yelp temporarily decides not to pursue a sale – Bloomberg
The Yelp Inc. logo is seen in their offices in Chicago, Illinois, March 5, 2015. Reuters/Jim Young Yelp Inc (YELP.N), operator of consumer review website yelp.com, had temporarily decided not to pursue a sale, Bloomberg reported, citing people with knowledge of the matter. The company has had several interested suitors after which it hired Goldman Sachs Group Inc (GS.N) to help find a buyer, Bloomberg said on […]
Saudi opening may be non-event with no licences awarded
Saudi opening may be non-event with no licences awarded RIYADH, 11 hours, 30 minutes ago The opening of Saudi Arabia’s stock market to direct foreign investment on Monday may disappoint traders who have been hoping for large and immediate fund inflows, as the kingdom has yet to announce the award of any licences. Saudi Arabia’s Capital Market Authority announced plans to open the market last July, and […]
Corrected – With CEO shakeup, Twitter under pressure to please advertisers
The Twitter logo is shown at its corporate headquarters in San Francisco, California April 28, 2015. Reuters/Robert Galbraith/Files SAN FRANCISCO Twitter Inc’s (TWTR.N) next chief executive officer faces a crucial challenge as the company seeks to appease Wall Street after this week’s management shakeup – helping disaffected advertisers connect with users. And many advertisers, analysts and investors say Twitter already has the right person for the job: […]
Heavy metal with a big heart
“I don’t discriminate with music,” says Mannan Alawar with a laugh, “as long as it’s good.” Whether he is reinventing the UAE national anthem on electric guitar for a YouTube audience or leaping into a crowd mid-solo, Alawar is hardly the average Emirati banker. The 24-year-old is a musician at heart, dividing his time between his day job, several bands and finishing a business degree. When he […]
Europe's affluent are better educated and women find their role, reveals Ipsos survey
INTERNATIONAL. This year Ipsos celebrates 20 years of the European Media and Marketing Survey (EMS) or as it is called now, The Ipsos Affluent Survey Europe. The Affluent European whom the survey tracks comes in all shapes and sizes, with a myriad of different wants and needs, yet, these individuals (the Top 13% of income earners) have one thing in common: they have significant disposable income and […]
