logo

News related to
business

By Ginger Gibson and David Shepardson | WASHINGTON WASHINGTON Days before a group of Republican lawmakers were due to discuss their party’s controversial proposal to tax all imports, Toyota Motor Corp (7203.T) sent an urgent message to its U.S. dealers – tell the politicians the tax would seriously hurt car buyers. Some of Toyota’s 1,500 dealers heeded the call and contacted members of the House of Representatives’ […]

A “handful of people” have been stopped from flying to the United States from Dubai International Airport following a US travel ban on seven Muslim-majority countries, the airport operator’s chief executive said on Monday. “The effect has been very minimal at the moment. We don’t have the exact figures but literally a handful of people have had to be looked after and repatriated to their point of […]

The publication of Michael Lewis’s book Flash Boys in 2014 thrust the arcane world of ultra-high frequency trading firms into the popular consciousness, prompting debate over everything from the industry’s morality to the possible risks it posed to financial stability. What was undeniable was how several of these companies were staggeringly profitable, generating hundreds of millions of dollars by trading at speeds made up of fractions of […]

Inside: Dubai penthouses under AED10m Source link

By Henning Gloystein | SINGAPORE SINGAPORE Brent crude oil prices fell around 5 percent from their early January peak as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in an effort to prop up the market. Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.25 per barrel at 0112 GMT, virtually unchanged from their last close. […]

The ranks of business leaders attacking Donald Trump’s immigration clampdown swelled on Monday as executives at several large US companies criticised the measures while Amazon said it was considering a legal challenge. Executives at the financial groups Goldman Sachs, Citigroup and MasterCard, the carmaker Ford and beverage group Coca-Cola risked a clash with the president as they criticised the restrictions on travellers from seven Muslim-majority countries. Amazon’s Jeff […]

Online ordering platform for healthy meals Eatcleanme.com is set to open in Dubai in March 2017. The website will offer a wide range of healthy food and beverage options from restaurants available in the UAE, including joints such as 77 Veggie Boutique and The Salad Jar. Its menu will consist of raw, vegan and gluten-free meals as well as low calorie desserts and juices. Focusing fitness savvy […]

Advertisements

If you work in IT in the enterprise business space chances are the following scenario will sound familiar. You have spent the better part of the past few years working hard to help support or build a business that is more dynamic and responsive to everyone’s needs. A business which doesn’t see IT as the bottleneck where all ideas cost a million dollars and take a year […]

By Rodrigo Campos | NEW YORK NEW YORK Major U.S. stock indexes posted their largest drop so far in 2017 on Monday as investors worried that a curb on immigration ordered by Donald Trump was a reminder that some of the U.S. president’s policies are not market-friendly. An executive order issued by Trump on Friday banned immigration from seven Muslim-majority countries, including legal residents and visa holders, […]

Part of the Pokémon GO’s novelty as a mobile game is the requirement for players to go out of the confines of their homes to hunt for monsters. While this gameplay has been lauded for getting people outdoors, it has also exposed players to all sorts of risks such as falling into manholes, getting run over by vehicles and even walking into danger or restricted properties. This […]

Dubai will award 47 construction contracts worth 11 billion dirhams ($3 billion) to local and foreign companies this year as it prepares to host the 2020 World Expo, the government-backed body arranging the world’s fair said on Monday. That would leave Dubai on track to complete most construction a year before the fair opens in October 2020, Expo 2020 Dubai said. Deals worth over 2 billion dirhams […]

The new look of Google Voice across Android, iOS, and web. Google When Google Voice launched in 2009, the free service targeted business users who wanted a second phone number for work, without the burden and cost of carrying around a second phone. At the time, Google Voice lacked key features such as photo, video, and group messaging to truly replace carrier-assigned phone numbers, but it offered […]

Manama, 30January 2017 Shaikh Khalid bin Humood Al Khalifa, CEO at the Bahrain Tourism and Exhibition Authority (BTEA) took part in the inaugural meeting of the specialist team responsible for driving the joint vision to promote the tourism industry and boost business across the GCC countries. The meeting was organized by the BTEA, and was held on Wednesday and Thursday, the 25th and 26th of January 2017. […]

By Gertrude Chavez-Dreyfuss and Anna Irrera | NEW YORK NEW YORK Day traders love making bets on tweets from U.S. President Donald Trump, but some of the most prominent quantitative strategists from hedge funds and banks are not quite ready to make big, bold trades on his social media musings. The president’s active Twitter presence has lifted volatility in financial markets, which is good for day traders […]

Nusret Gökçe– aka ‘salt bae’ – is planning to open a restaurant in the UK capital and New York City. The Turkish restaurateur is currently enjoying his 15 minutes of fame after videos of him flamboyantly butchering and seasoning meat went viral. The videos, posted on Nusret’s Instagram, quickly spurred a host of memes that also went viral, and his image was then spray-painted onto walls in […]

The growth of electronic trading in fixed income has always been driven by efficiency, but we’ll begin to see data science and analytics fuel new levels of smart trading this year. Marketplaces such as Tradeweb have spent the last 15 to 20 years building out infrastructure to digitise these businesses and organise their trading activity through more streamlined workflows and trading protocols. Yet, even now, a significant […]

(Image: file photo) “No industry, organization size or geographic location, is immune to a data breach.” That’s the bottom line to Risk Based Security’s recently published end-of-year data breach report, which concluded that over four billion records had been stolen during 2016. The report confirmed that three companies accounted for half of the records stolen in breaches reported last year. Yahoo saw over 1.5 billion records stolen […]

An insatiable appetite for mobile apps among the UAE’s tech savvy millennials is fuelling the growth of UAE technology start-ups, says Fahad Al Bannai, CEO of axiom telecom. “What we are witnessing now is a lifestyle evolution, one in which errands are transforming into services, all with the help of mobile apps,” says Al Bannai. “And in the UAE, where app developers are widely available, and entrepreneurship […]

GENEVA U.S. President Donald Trump needs to acknowledge that the extreme interrogation technique known as waterboarding is torture and therefore absolutely prohibited, the U.N. special rapporteur on torture said on Monday. “Without any doubt, waterboarding amounts to torture,” Nils Melzer said in a statement, adding that a U.S. revival of torture would be catastrophic because other countries would also “get back into the torture business”. “I urgently […]

By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer spending rose solidly in December as households bought motor vehicles and a range of services amid rising wages, pointing to sustained domestic demand that could spur faster economic growth in early 2017. There are also signs of inflation steadily firming. The strengthening economy, rising price pressures and a tightening labor market could allow the Federal Reserve to lift interest […]

Doha – January 30, 2017 Ultra Luxury, a brand new exhibition, debuting in November 2017, aims at catering to the growing luxury markets in Qatar and GCC. Ultra Luxury will provide a platform for global luxury brands to meet and showcase their products and services to a highly targeted and sophisticated group of VIP visitors. The exhibition will take place over 4 days at the Doha Exhibition […]

Technology European Union citizens have a new fundamental right: the right to be forgotten. In this report, we look at what this means for us. Mario Costeja Gonzalez helped bring about the new EU rules after a lengthy legal battle with search engine Google. (Source: euronews (in English) YouTube channel) Source link

European, Asian stocks and S&P futures all drop after traders were left with a sour taste from the potential fallout of Donald Trump’s order halting some immigration and ahead of central bank decisions from the U.S. and Japan.  Markets in Hong Kong, China, Malaysia, Korea, Singapore, Taiwan and Vietnam are all shut due to the Lunar New Year public holiday, leading to a quiet Asian session. Oil […]

DUBAI Years after he fled political persecution in his native Yemen, a new life in the United States was finally taking shape for democracy activist Abdulraqeb al-Duais. But U.S. President Donald Trump’s temporary travel ban on seven Muslim-majority countries has upset his plans to bring his family over to the United States – where he has political asylum – and has left him in limbo in Malaysia. […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Paraguay court detains impeached Peña over bank collapse // SoftBank and ABB weigh separating Chinese robotics operations // Wall Street’s AI Reckoning Offers India A New Opening // Vijayan accuses CM of being evasive // DEWA and Dell pursue stronger digital utility infrastructure // Ghantoot clinches Pink Polo Cup as screenings draw crowds // Freeze on new bar licences // Claude Code approval settings expose thousands of credentials // Turkish court remands senior financial regulators in fund investigation // Employees Up In Arms Against Sale Of IDBI To Canadian Company Fairfax // ADNEC Abu Dhabi secures regional MICE venue honour // Basheer sets Feb deadline for delayed ULCCS projects // Burnham pledges British solidarity after deadly Krakow shooting // BJP’s Counter Rallies To “Expose” Rahul Gandhi, Reveals The Weakness Of The Party // UAE Coast Guard evacuates 22 from burning cargo vessel // Democratic Congress threatens Trump-era cryptocurrency policy gains // Greens back Sreedharan plan // Alphabet’s Malaysia investment sharpens focus on AI spending // Coca-Cola bottling holding company submits share sale prospectus // Satheesan resists Anil as new state Cong chief //