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By Lesley Wroughton and Robert-Jan Bartunek | BRUSSELS BRUSSELS U.S. Secretary of State Rex Tillerson reassured his nervous European counterparts over Washington’s commitment to NATO on Friday and pressed them again to spend more on defence, triggering a rebuke from Germany. Foreign Minister Sigmar Gabriel said it was neither “reachable nor desirable” for Germany to spend the agreed NATO target of two percent of member states’ economic […]

FUJAIRAH // Sheikh Mohammed bin Rashid offered his condolences to Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah, on the death of the emirate’s Deputy Ruler. The Vice President and Ruler of Dubai visited the majlis at Al Remailah Palace in Fujairah, where he was also met by Sheikh Mohammed bin Hamad, Crown Prince of Fujairah, and the sons of the late Sheikh Hamad bin Saif […]

Investors are flocking back to European equities and propelling a rally across continental stock markets as money managers downplay fears around the upcoming French elections and fallout from Brexit. The shift — which follows a torrid 2016 when investors pulled roughly $100bn from the asset class — has been driven by hopes of a synchronised global economic expansion accelerating. European stock fund managers received $1.5bn in the […]

A Qatar-based investment firm has announced it has invested in Voopter, the largest flight metasearch engine in Brazil. After reaching the mark of two million users per month, No Borders Investments (NBI) said it has made a “substantive investment” with co-investor Travel Capitalist Ventures, without giving specifics. The Doha-headquartered private investment firm said it typically makes investments of between $1-100 million in market leaders around the world. […]

The Future Cities Show will be attended by experts from varied industries, including tech entrepreneurs, futurists and professionals UAE, Dubai, 31 March 2017 The inaugural edition of ‘Future Cities Show’ in Dubai, UAE, which will run from April 2nd – 4th, will oversee some of the world’s most influential smart tech innovators converge at the show to develop key strategies and strengthen collaborations. The event will be […]

Princess Haya, wife of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, visited Australia this week as part of an official UAE visit. During the three-day trip, Princess Haya, known for her humanitarian work, discussed the country’s aid programme with several government ministers, including Governor General Sir Peter and Lady Cosgrove, and Julie Bishop MP, the Australian Minister of Foreign Affairs development programme. As Chairperson […]

US farmers have signalled plans to sow soyabeans across an area the size of Germany this year, an expanse that reflects the relentless rise of meat demand in China and other emerging economies. The record 89.5m acres (36.2m hectares) of soyabean fields would follow all-time high plantings in South America, the other leading grower of the oilseed. The harvest under way in Brazil is set to surpass […]

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RBC’s head of cross asset strategy Charlie McElligott dons his full wonksh equity analyst hat today, exposing “The April Effect,” and the specific risk of “nasty double whammy” of levered long-short unwinds should momentum stall. Quick note of warning as we transition into the new quarter, with potential for major thematic / sector / factor reversals in stocks.  The following observation regarding April seeing a seasonal ‘momentum’ […]

By Toby Sterling and Joshua Franklin | AMSTERDAM/ZURICH AMSTERDAM/ZURICH Swiss bank Credit Suisse (CSGN.S) has been dragged into yet more tax evasion and money laundering investigations, after a tip-off to Dutch prosecutors about tens of thousands of suspect accounts triggered raids in five countries. Coordinated raids began on Thursday in the Netherlands, Britain, Germany, France and Australia, the Dutch office for financial crimes prosecution (FIOD) said on […]

Dubai, UAE, Singapore, March 31, 2017  Takeda Pharmaceuticals Company Limited (“Takeda”),announced today that Ricardo Marek has been appointed as the President of the Emerging Markets Business Unit (EMBU), based in Singapore, effective April 1, 2017. In his new role he will lead allbusiness operations across five geographic Areas that compriseEM BU – Asia Pacific (excluding Japan), China, Latin America, Middle East & Africa and Russia-CIS. Marekwill also […]

Couple one key colour with recurring design elements to create a bedroom that’s consistently calming. newslide Frame of reference Dress it well and your bed can become a focal point of your room. We like the classic blue paisley pattern on this quilt and sham set from Pottery Barn. The pieces are made from 100 per cent cotton voile and feature a solid ivory colour on the […]

The titans of the commodities industry are daring to believe the worst is over but are braced for an increasingly uncertain outlook as “me-first” protectionist policies threaten to destabilise global trade. Those were two of the key themes to emerge from the sixth Financial Times Commodities Global Summit in Lausanne last week. The head of Cargill, the world’s biggest agricultural commodities merchant, called on the commodities industry […]

Celebrations marking the Hindu festival of Holi stretch across cultures and continents in 2017, the coming of spring announced by cosmopolitan crowds playfully throwing brightly coloured dyes at one another. But few Hindus or Indians, even, will ever experience Holi with the intoxicating intensity or carnalistic force as the residents of Mathura, a town in Northern India known as the birthplace of Krishna. For eight days and […]

Rackspace CEO Taylor Rhodes: “Amazon is a tornado.” Rackspace CEO Taylor Rhodes is disarmingly honest about the ride the company has been on in recent years. This is what happens, he says, “when the world’s largest bookseller comes into your industry.” It wasn’t Amazon’s bookselling ability that caused Rackspace headaches, of course, but its cloud computing division Amazon Web Services (AWS). Rackspace started out as web hosting […]

Government led investment is driving a surge in domestic tourism across Saudi Arabia – with experts predicting a 40 percent surge in the number of internal trips made between 2015 and 2020. The Euromonitor International Tourism Forecast report, prepared ahead of The Hotel Show Saudi Arabia 2017, has revealed record levels of domestic travel within the kingdom. Following the announcement of Saudi Vision 2030 – the country’s […]

“This is a discussion that started in a November time-frame, and we started to pursue this. We recognized what we were stepping into,” Gen. Joseph L. Votel, the commander of the United States Central Command, said in an interview Wednesday. “It was actually implemented for eastern Mosul, the whole urban environment, and frankly, as we kind of get ready for Raqqa. We are enabling our on-scene commanders […]

As we enter the final week of games across the Manx hockey divisions, it’s time to look at the potential permutations in some thrilling relegation and promotion battles. It’s showdown time in the PwC Men’s Premier League at Castle Rushen High School, as Partitionware Castletown A h 21 […]

Australia’s National Broadband Network (NBN) will be outdated before the rollout is even complete thanks to the company using fibre-to-the-node (FttN) network technology, according to the Australian Capital Territory government. Speaking in a submission to the Joint Standing Committee on the National Broadband Network, the ACT government said NBN should be deploying fibre-to-the-premises (FttP) infrastructure, pointing out that this is the preferred technology in New Zealand, France, […]

Future of manufacturing requires strong SME sector, HE Saif Al Hajeri tells delegates Daylight Programme has positive impact on females working in manufacturing sector Partnership with universities has helped develop technologies which UAE can export Abu Dhabi, UAE, March 30, 2017 HE Saif Al Hajeri, the CEO of Tawazun Economic Council & Tawazun Holding, told the Global Manufacturing and Industrialisation Summit, taking place at the […]

The Department of Industry, Innovation and Science has gone to tender to find a provider to develop a package to help Australian small-to-medium enterprises (SMEs) understand and tackle cybersecurity. The department is after a supplier to design, develop, and deliver cybersecurity-focused materials for business advisors to motivate Australian SMEs, while still adhering to their responsibility under the Business Evaluation (BE) process — a service under the Business […]

BuzzFeed is closing its in-house, open-source innovation lab in October after two years of experimentation at the crossroads of technology and media. BuzzFeed’s Open Lab for Journalism, Technology, and the Arts, which is housed at BuzzFeed’s San Francisco bureau, will wind down in October after the current fellowship class finishes its work, BuzzFeed San Francisco Bureau Chief Mat Honan wrote in a note to employees obtained by […]

But it was not immediately clear whether the approval of the new settlement was meant to be a provocative move to scuttle the prospect of a revival of peace talks. Mr. Netanyahu said he was following through on a pledge he made a few weeks ago to 40 settler families who were evacuated from the illegal Amona outpost in the West Bank. That outpost was removed by […]

Microsoft has officially confirmed that the next major Windows update, known as Windows 10 Creators Update, will start rolling out on April 11 to customers worldwide. Like with last year’s Windows 10 Anniversary Update, which rolled out in August, the Creators Update will see a throttled release that will likely stretch over a few months. The update will arrive after several months of beta tests, leaks, and bits of […]

Growth in trade between African nations looks promising, driven by demographics and growing Middle Class Narrative surrounding the continent still too negative, while work needs to be done to improve infrastructure Abu Dhabi, UAE, March 30, 2017:  Industrialisation across Africa is being held back due to misperceptions about the risk of investing in the continent, according to a panellist at the Focus on Africa session held […]

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