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23 February 2017 Kempinski Summerland Hotel & Resort is pleased to announce the appointment of Daniele Vastolo to head the hotel’s current and future ventures. As the hotelier’s new scope of work increases, Vastolo will be responsible for supervising the entity’s minor and major projects, ensuring a quality of work that reflects the Kempinski’s premium standards. Vastolo joins Kempinski from his most recent role as Group Director […]

By Alexandria Sage | SAN FRANCISCO SAN FRANCISCO Alphabet Inc’s (GOOGL.O) Waymo self-driving car unit sued Uber Technologies [UBER.UL] and its autonomous trucking subsidiary Otto on Thursday over allegations of theft of its confidential and proprietary sensor technology. Waymo accused Uber and Otto, acquired by the ride services company in August, with stealing confidential information on Waymo’s Lidar sensor technology to help speed its own efforts in […]

SoFi, the biggest and the brashest of a new breed of online lenders in the US, has sealed a $500m funding round, giving it firepower to push into new products and markets including Canada and Australia. The private San Francisco-based company last received a big shot of funds — its fifth — in September 2015, when SoftBank of Japan led a $1bn round, the biggest in the […]

Sign up to receive Authers’ Note daily by email here Despite appearances to the contrary, the Trump trade may be moving into reverse as the president’s maiden State of the Union address approaches. The overall level of the stock market is, of course, at fresh records. But the pattern within it is shifting again. The end of the week saw sharp falls for almost all equity markets […]

Emirates has accused the UK’s Civil Aviation Authority (CAA) of acting unprofessionally over claims it breached laws by not paying compensation to passengers who experience a delay. The Dubai-based airline denied breaking any law with regard to payment of passenger compensation for delayed flights, after the CAA launched enforcement action against it and four other international carriers. The CAA said the airlines – Emirates, Etihad Airways, American […]

Submitted by Jeremiah Johnson (nom de plume of retired Green Beret of the United States Army Special Forces) via SHTFPlan.com, As of this writing a tremendous number of things are happening in North Korea and Russia.  Although these are not events that seem momentous, they are quite profound when taken into consideration with the grand scheme: the worldwide plot to form a state of global governance.  These […]

By Lewis Krauskopf | NEW YORK NEW YORK U.S. President Donald Trump’s planned economic agenda has fanned the flames for Wall Street’s record-setting run, but some investors worry that his first major address to Congress next week risks dousing it if his plans look slow to execute or are overly vague. The benchmark S&P 500 .SPX has surged 10 percent since Trump’s Nov. 8 election, with optimism […]

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Elderly drivers could be submitted for regular medical testing under new proposals put forward by Dubai’s transport authority to improve safety on the emirate’s roads. The Roads and Transport Authority (RTA) said it has made a number of suggestions to the Ministry of Interior covering driving on the highways of Dubai. One of them would see drivers aged over 60 put through mandatory fitness tests every three […]

Every year, Inrix releases its Global Traffic Scorecard, which ranks congestion on roads in 1,064 cities in 38 countries. And every year the report tells urban commuters what they already know—traffic sucks and is getting worse. But at least Inrix’s Global Traffic Scorecard uses data—500TB from 300 million sources covering over 5 million miles of road—to let us know exactly how much it sucks. And […]

By John Walcott and Matt Spetalnick | WASHINGTON WASHINGTON A proposal the Trump administration is considering to designate Iran’s Islamic Revolutionary Guard Corps a terrorist organisation has stalled over warnings from defence and intelligence officials that the move could backfire, according to officials familiar with the matter. “If you do that, there is no way to escalate, and you would foreclose any possibility of talking to the […]

Dubai’s Department of Economic Development (DED) received 27,027 consumer complaints in 2016, an increase of 23 percent compared to the previous year. On average, the DED received 2,252 complaints monthly as continued awareness campaigns led to better understanding of consumer rights and responsibilities across the emirate, state news agency WAM reported. The complaints received in 2016 involved non-compliance with warranty terms (39 percent of complaints), refunds (17 […]

By Caroline Humer | NEW YORK NEW YORK The Blue Cross Blue Shield Association, which represents insurers in every state, Cigna Corp and Humana Inc said on Friday they would attend a meeting between the health insurance industry and President Donald Trump on Monday. Cigna’s chief executive officer, David Cordani, and Humana CEO Bruce Broussard will attend, spokesmen for both companies said. Bloomberg reported earlier on Friday […]

About a month ago, Starbucks CEO Howard Schultz decided to ‘take a stand’ in defiance of Trump’s immigration executive order and penned a message to the world vowing, among other things, to hire 10,000 refugees over the next 5 years and “build bridges, not walls, with Mexico”.  Here are some excerpts from the politically charged message drafted by Schultz with “deep concern and a heavy heart”: I […]

Two years after Donald Trump was booed at an influential conservative event, the US president returned to the Conservative Political Action Conference on Friday for a victory lap. But his rambling address, at an event that was more campaign rally than detailed presentation of policy, struck a jarring note at the end of a week that saw a semblance of orthodoxy from the new administration. While his […]

European equity funds attracted their largest weekly inflows in more than a year as institutional investors bet on a recovery taking hold across the continent. Investors added $1.1bn to funds investing in European stocks in the seven days to February 22, a haul that nearly matched the inflows of the preceding four weeks combined, according to data from EPFR. This was despite outflows from dedicated French stock […]

CAPE TOWN, South Africa, February 24, 2017 In keeping with Samsung’s (www.Samsung.com) goal to enrich and transform lives through digital technology, the electronics giant today reiterated its commitment to advancing access to technology in education across Africa. Speaking at the Samsung Africa Forum 2017, Ms. Sthembile Shabangu, head of Public Relations and Corporate Citizenship at Samsung Electronics, Africa Office notes: “In today’s digital era, any community, especially […]

Business A self-flying drone taxi will begin transporting passengers around Dubai this summer. The head of Dubai’s Road and Transport Authority said that self-flying taxis would start taking people across the city this July, 2017. The drone will be a customised Ehang 184. The Ehang is a drone that can fly without any human input, and carry a single passenger (weighing up to 100kg) and a bag. […]

The Dow was on track to break its 10-day record-setting streak on Friday, as investors turned cautious after recent comments from Trump administration suggested that pro-growth policies may take longer to be implemented. Wall Street is trading at record levels since the election of Donald Trump as U.S. president, spurred by his promises of tax reforms, reduced regulations and increased infrastructure spending. However, with Trump giving scant […]

Ford has spent the last few years transforming itself from a car company into a technology and transportation company. Ford still wants to sell cars, but increasingly the company focuses on how those vehicles interact with city infrastructure, other vehicles, and the passengers themselves. One of the executives leading that imitative is Don Butler, Director of Connected Vehicles and Services at Ford. I spoke with […]

By Emily Stephenson and Steve Holland | NATIONAL HARBOR, Md./WASHINGTON NATIONAL HARBOR, Md./WASHINGTON President Donald Trump said he would make a massive budget request for one of the “greatest military buildups in American history” on Friday in a feisty, campaign-style speech extolling robust nationalism to eager conservative activists. Trump used remarks to the Conservative Political Action Conference (CPAC), an organization that gave him one of his first […]

If you’ve read the latest headlines about Britain’s tech industry, you’d think the country hadn’t be rocked by the greatest political and economic uncertainty since the Second World War. Not only are UK startups raising record amounts of funding year on year, but tech giants like Amazon are investing and doubling down on the UK economy, as if the mood music was taken straight from a dance scene […]

By Michelle Martin and Thorsten Severin | BERLIN BERLIN German Chancellor Angela Merkel’s conservatives held a narrow opinion poll lead on Friday over the centre-left Social Democrats (SPD), whose support has surged in recent weeks. The Ipsos poll put the conservative bloc at 32 percent while the SPD, enjoying a revival in fortunes since nominating former European Parliament President Martin Schulz as its candidate to replace Merkel, […]

Saudi Arabia’s King Salman starts a month-long Asian tour on Sunday to build ties with the world’s fastest growing importers of Saudi oil and promote investment opportunities, including the sale of a stake in its giant state firm Saudi Aramco. The octogenarian monarch, who has overseen the launch of an ambitious economic reform plan since his accession two years ago, is expected to visit Malaysia, Indonesia, Japan […]

24 February 2017 Roads and Transport Authority – Majdi Abu Zaid: The Roads and Transport Authority (RTA) has succeeded in securing the renewal of ISO 9001:2008 Certificate in Quality Management System for the year 2017 from the German company TUR NORD; one of the specialist global businesses specialized in assessing and awarding certificates and benchmarking the performance of entities against ISO standards. “Renewing ISO 9001:2008 Certification of […]

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