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Bayern, as ever, is in the vanguard. In recent years, it has become a commercial juggernaut. It rakes in more money from commercial activity than any other club in the world, apart from the Qatari-backed Paris Saint-Germain, and it has established satellite offices in New York and Shanghai to press its interests far from its home base in Bavaria. That success, and that reach, are sources of […]

By Lisa Twaronite and Wayne Cole | TOKYO/SYDNEY TOKYO/SYDNEY Asian shares edged down on Friday but were on track for weekly gains, while the euro became more settled after the volatility seen in the wake of the European Central Bank’s decision to trim the size of its asset purchase program while also extending it for longer than many analysts had expected. MSCI’s broadest index of Asia-Pacific shares […]

For the 2014-15 financial year, Apple, Samsung, Microsoft, and Google all upped the amount of tax they paid in Australia over the year prior. According to the Australian Taxation Office (ATO) 2014-15 Corporate Tax Transparency report, with revenue in the region totalling AU$8.3 billion, Apple coughed up AU$146 million in tax — AU$72 million more than the iPhone maker did in 2013-14. Similarly, Samsung, with 2014-15 revenue […]

Relegated to the backbench  of the UK parliament, George Osborne has a great deal more time on his hands after the very public failed Brexit ‘Remain’ campaign. The former British chancellor is using the downtime to investigate why a wave of populist nationalism is currently sweeping across the world – and how it managed to bruise his political career as well as that of former prime minister […]

More than half of total Starbucks stores in the United States will be turned into either PokéStops or Gyms as part of a special Pokémon GO promotional event that was leaked recently. The official announcement of Pokémon GO‘s special Starbucks event comes just a day after Niantic announced its partnership with Sprint, growing Niantic’s roster of corporate partners as it lures players back into the game. This, coupled with […]

Brexit may have come at the most fortunate time for the GCC. As the Gulf seeks greater support to fend off security risks in the region, including Iranian actions, and avenues to shore up bilateral trade in replacement of lost oil revenues, the UK is reaching out to old friends in a bid to strengthen non-mainland European relationships. “We will make it a priority, when the UK […]

Your daily guide to community and cultural activities across the Emirates for December 9, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Tennis event Take part in the ZSC Academy Tennis Festival, a fun way to experience and learn more about the sport. There will be lessons for children ages 2 and older, tennis […]

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08 December 2016 “The power and energy landscape in Africa is undergoing significant change” says Evan Schiff, African Utility Week event director, adding that current trends include “the availability of private investment for power and energy projects, the fast development of energy storage, renewable energy is becoming cheaper, gas that is an increasingly attractive mode of power generation in Africa, and that in the next 10 years, […]

Dropbox is often the choice solution for file storage in the cloud, but the problem is that as smartphones proliferate the market, widespread internet coverage is slow to follow suit, so accessing the cloud is not always an easy feat when physically moving from place to place. In this case, cloud-based file storage basically becomes useless on a smartphone. Dropbox previously enabled a solution for this by allowing […]

1776, a Washington, DC-based technology incubator with a direct presence in Dubai, has signed a partnership agreement with the UK Lebanon Tech Hub (UKLTH), a joint initiative by Banque du Liban (Lebanon’s Central Bank) and the UK Government. The partnership is aimed at supporting Lebanon’s fastest-growing tech start-ups and help them break into new international markets such as the UAE and the neighboring Gulf countries. Start-up companies […]

ABU DHABI // The US presidential election, religious occasions and rainstorms were among the most discussed topics on Facebook by people in the UAE this year. On Thursday, Facebook released its Year in Review’s top moments of 2016 from people in the country and around the world. “As the year comes to a close, we have seen people in the UAE connect in big and small ways […]

I don’t know if it’s an age thing, but when someone says Chevrolet Malibu, my grey matter automatically conjures up images of a 1968 Chevelle coupé with a burbling 350-cubic-inch V8. But what was reality in the Swinging 60s is no longer true, because the Malibu has had to evolve to survive. The modern-day Malibu has a four-cylinder motor sitting east-west across the engine bay. Said power […]

The holiday season 2016 has already started and shoppers are looking out for deals for themselves and for gifting. Gaming consoles are one of the top picks every holiday season. Analysts predict that this holiday season, Sony PlayStation 4 (PS4) will be ahead of Microsoft Xbox One in terms on sales. Global PS4 Sales Surpasses 50 Million On Wednesday, Sony announced that PS4 sales have surpassed 50 million […]

Idyllic archipelago of 115 islands will continue to enchant Middle Eastern guests in 2017 8 December 2016, Dubai UAE The Seychelles Tourism Board Office in Dubai is delighted to confirm that visitor numbers from the GCC region have shown impressive year-on-year growth over the past 12 months.  The announcement comes with news of a portfolio of hotel openings for 2017 that look set to secure the market […]

ABU DHABI // The US presidential election, religious occasions and rainstorms were among the most discussed topics on Facebook by people in the UAE this year. On Thursday, Facebook released its Year in Review’s top moments of 2016 from people in the country and around the world. “As the year comes to a close, we have seen people in the UAE connect in big and small ways […]

The harvest time at the International Space Station has made big news after NASA astronaut Shane Kimbrough cut the “Outredgeous” Red Romaine lettuce leaves that he nurtured aboard for an mid-afternoon snack. The fruit of labor also signaled the success of “cut-and-come-again” gardening technique of NASA aimed at growing on-orbit crops to boost astronaut diets with nutritious and fresh food. The Veggie project started on Oct. 25 for […]

European Parliament president Martin Schulz does not believe the Panama Papers scandal has cast doubt on Malta’s ability to push through the EU anti-money laundering laws. Mr Schulz was fielding questions at a joint conference with Prime Minister Joseph Muscat during his visit to the island before Malta assumes the EU presidency. The EU’s anti-money laundering directive was enacted in June 2015, and with a two-year window […]

The 19th edition of realty exhibition expecting to attract thousands of NRIs over the 3-day expo Investor confidence gets boost due to demonetisation, home loan rates to be down to 7-8%; RERA, GST and REIT to further improve transparency and bring healthier, sustainable growth Top developers across India meet for exclusive face-to-face interaction. Properties boast features such as eco-friendly housing, water recycling units and […]

I spot the ship long before the car pulls up to the cruise terminal at Abu Dhabi’s Mina Zayed. Part of the ­Celebrity Cruises fleet, the stately Celebrity Constellation – dark blue and white, and marked with a distinctive “X” logo at the top – stands 13 decks tall. Orange lifeboats hang high on Deck 5, and the shaded gangplank looks like a tunnel boring into the […]

Can you imagine a bank where artificial intelligence runs checking accounts, debit cards, and wire transfers? Image: Getty Images/iStockphoto The Milan-London startup connection is getting stronger. After MoneyFarm and Soundreef, yet another promising Italian startup, Euklid, is opening up shop in the UK capital, moving its headquarters to be part of the city’s vibrant ecosystem. The team selected London’s Level39 fintech accelerator as its new center of […]

This is part of a series on the global rise of exchange traded funds ETFs are a global phenomena, but there are significant differences between the market in Europe and the US. This piece examines the most important. The US is far bigger Demand for exchange traded funds in Europe has never been higher. Assets held in funds and products listed across the region hit a record […]

In a glass cube inside a MK2 cinema near France’s national library in Paris, viewers can choose between HTC Vive, Playstation VR and Oculus Rift headsets, or they can go for “full body immersive” simulators The first wave of virtual reality cinemas, heralding what their creators claim will be an entertainment revolution, rolls out across the world this month. The first screening room in France opened Wednesday […]

The release in cinemas last week of Ali Khaled’s Lights of Rome about the UAE football team at the World Cup in 1990 was the latest development in what has been a strong couple of years for documentaries in UAE cinema, as well as the wider Arab world which has a long history of documentary filmmaking. A high point for the industry here was undoubtedly 2015’s He […]

Chicago politicians will have one more reason to look over their shoulders in 2017. The city’s history of political corruption and high crime rates have long made it fertile territory for investigative reporting. Next year, investigative nonprofit ProPublica plans to capitalize on that opportunity by colonizing the city with its first regional expansion. ProPublica plans to open the expansion in 2017 and is recruiting an experienced, Chicago-based […]

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