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Many discussions of digital transformation focus on marketing metrics such as page views, clicks, and even mentions in the press. Although marketing is important, this limited and unsophisticated view ignores underlying issues such as improving business speed, agility, and responsiveness to customers. Only by rethinking business models can we meaningfully gain benefit from digital transformation in departments across the company including operations, supply chain, manufacturing, and customer […]

President Trump wasted no time before skewering the media at a rally in Harrisburg, Pennsylvania on Saturday, calling the press “fake news” as journalists less than 200 miles away in Washington, D.C. were putting on ball gowns and bow ties for the annual White House Correspondents’ Association dinner. “Media outlets like CNN and MSNBC are fake news. Fake news.” Trump said, to a chorus of boos from […]

LONDON British Prime Minister Theresa May pledged to protect workers against irresponsible practices over pensions on Sunday, promising new regulations on how schemes are handled during corporate takeovers. May’s Conservative party will give regulators power to examine takeover proposals that threaten the solvency of a company pension scheme, and the regulator could be empowered to block takeovers if it is not satisfied with the arrangements. May set […]

Heart attack and stroke were the most common reasons for life and critical illness cover claims by men in the Middle East, while cancer was the leading cause for claims by women, according to new research. Zurich International Life’s latest claim statistics revealed that the majority of claims made by men are from those aged 40 and above, whereas for women, the majority of claims were paid […]

To understand the dynamics of Pakistani politics, one needs to watch the popular drama series Game of Thrones. Based on George R R Martin’s series of novels A Song of Ice and Fire this drama serial focuses on the moves and conspiracies to win power games. I am sure if the writer or director sees Pakistan’s version of Game of Thrones they would forget their own drama series. […]

30 April 2017 National Bank of Fujairah (NBF) PJSC today announced that it is extending its partnership with the Emirates Wildlife Society in association with WWF – the global conservation body – (EWS-WWF) which will see the bank lend its support to the conservation of the Wadi Wurayah National Park in Fujairah. Spanning over 200 square kilometres and home to over 500 rare and endangered species, Wadi […]

Chinese insurance group Anbang has threatened legal action against a leading investigative magazine over what it called “slanderous” allegations about financial irregularities and the marital status of its chairman, in the latest sign of the intensifying power struggle in the financial sector.  Anbang, which has curbed its long acquisition spree amid heightened capital controls, said in a statement on Sunday that Caixin had “forged rumours” that chairman Wu […]

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Abu Dhabi Financial Group (ADFG) has announced plans to launch Etihad REIT, a Shariah-compliant real estate investment trust (REIT). The REIT comprises a seed portfolio of 10 income producing assets situated in the UAE, the company said in a statement. It added that Etihad REIT expects to raise further capital through an initial public offering (IPO) on a stock exchange in the UAE at an appropriate time […]

(Image: Hawking.org) It’s a pet obsession that both physicist Stephen Hawking and entrepreneur Elon Musk — two people credited with pushing the boundaries of technology and science in pioneering ways — have in common: Rampaging intelligence, borne within machines, could end the human race if utilized dangerously. “I believe there is no real difference between what can be achieved by a biological brain and what can be […]

April 30, 2017 by: Roger Blitz and Michael Mackenzie Here are the key questions facing investors as the first week of May begins. How much higher can the euro go?Emmanuel Macron had an uncomfortable encounter with workers in his hometown of Amiens as he tried to shore up his position as frontrunner in the presidential election run-off with the National Front’s Marine Le Pen. However, financial markets […]

By Sue-Lin Wong and Kevin Yao | BEIJING BEIJING Growth in China’s manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers’ efforts to reduce financial risks in the economy weighed on demand. The National Bureau of Statistics’ official Purchasing Managers’ Index (PMI) fell to a six-month low of 51.2 in April from March’s near five-year […]

By Manuel Mogato | MANILA MANILA Southeast Asian countries took a softer stance on South China Sea disputes during a weekend summit, according to a statement issued on Sunday, which went easy on China by avoiding tacit references to its building and arming of its manmade islands. A chairman’s statement of the Association of South East Asian Nations (ASEAN) was released about 12 hours after the summit […]

A new water bottling facility in Dubai will feature a 1km-long monorail to transport goods, it has been announced. Saeed Mohammed Al Tayer, managing director and CEO of Dubai Electricity and Water Authority (DEWA), led the ground-breaking of Mai Dubai’s new expansion project in Yalayis off Al Qudra Road in Dubai. The project consists of two phases that will be completed by mid-2018 and will more than […]

The clapping had barely subsided before comedian Hasan Minhaj cracked a joke about the elephant not in the room — President Donald Trump. “Welcome to the series finale of the White House Correspondents’ dinner,” said Minhaj, the dinner’s headliner and a senior correspondent at “The Daily Show.” “My name is Hasan Minhaj, or I’ll be known in a few weeks, No. 830287.” Within minutes of beginning his routine, […]

By Patrick Rucker | HARRISBURG, Pa. HARRISBURG, Pa. U.S. President Donald Trump hit the road on Saturday to celebrate his first 100 days in the White House with cheering supporters at a campaign-style rally, touting his initial achievements and lashing out at critics. Trump told a Pennsylvania crowd he was just getting started on meeting his campaign promises. He repeatedly attacked an “incompetent, dishonest” media, saying they […]

By Lawrence Delevingne | BEVERLY HILLS, Calif. BEVERLY HILLS, Calif. Titans of U.S. industry and Wall Street gather in Beverly Hills this week to discuss how to navigate – and profit from – hot topics such as U.S. tax reform, the upcoming French election and Chinese economic growth. U.S. President Donald Trump’s first 100 days and the next 1,000, as well as the outlook for liberal democracy […]

Luxury watch maker Cartier is allowing customers to buy a watch over the internet for the first time. The company is working with online fashion emporium Net-A-Porter on a month-long pop-up shop to offer 12 models of the latest Panthère de Cartier watch – an iconic timepiece from the early eighties re-issued this year. Net-A-Porter, which is owned by Yoox Net-A-Porter Group, has created the exclusive pop-up […]

SEOUL South Korea’s finance minister said on Sunday the government was already working on downsizing its trade surplus with the United States, a reference to U.S. President Donald Trump’s comments Thursday that Washington will renegotiate or scrap the free trade pact the two countries have. Finance Minister Yoo Il-ho added in televised comments he did not expect the free trade agreement will be terminated. It has been […]

Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s Vice President and Prime Minister and Ruler of Dubai, launched on Saturday the UAE Soft Power Council, which aims to reinforce the country’s status and reputation in the world. The Council will define a comprehensive strategy to consolidate the UAE’s values of respect and appreciation with governments and citizens across the world, state news agency WAM reported. The UAE […]

Al Qudra Holding, an Abu Dhabi-based real estate and investment company, agreed to buy Al Rayan Investment Co for more than 1 billion dirhams ($272 million) in stock. Shareholders also approved listing Al Qudra shares in Abu Dhabi. The acquisition will involve issuing 210.4 million new shares and boost Al Qudra’s assets to about 4 billion dirhams, the company said Saturday in an emailed statement. Al Rayan […]

By Liana B. Baker and John Tilak Shaw Communications (SJRb.TO) is looking for a buyer for ViaWest, the U.S. data center company it bought three years ago, according to people familiar with the matter, as the Canadian cable company continues to shed assets it considers non-core. The sale of ViaWest would be Shaw’s latest step to streamline its operations. Last year it sold its media assets to […]

U.S. President Donald Trump signed a new executive order on Friday, April 28 extending offshore oil and gas drilling to areas that had been off-limits. The move aims to increase domestic production, but it might not prove to be the best idea considering that industry demand for acreage has been rather low. The new executive order could expand offshore drilling to parts of the Pacific, Atlantic, and Arctic oceans, […]

The news these days continues to be filled with reports that traditional stores are at last being sustainably displaced by fast growing online competitors. Startups in online shopping, media, travel, financial services, sharing economy, and finally even healthcare, have either invented popular new high-growth digital categories or are in the midst of successfully re-imagining the old ones in digital native terms. In the 2000s, the digital disruption […]

Dubai-based Emirates NBD has become the first bank in the world to pilot KinTrans, a technology that enables easy two-way communication between sign language communicators with hearing disabilities, and people who use spoken languages. The bank said in a statement that its commitment to people with disabilities supports the ‘#MyCommunity’ initiative launched by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, that aims […]

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