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Mi dispiace, ho sbagliato numero* Well, what did BT’s chief executive, smouldering Gavin Patterson, expect? Italy is ranked 60th out of 176 countries in Transparency International’s corruption index, worse than Romania or Hungary. The “improper” management behaviour there had been going on for years, and would probably be going on still but for the call from a whistleblower. The BT board must now decide how far up […]

Dubai Taxi Corporation (DTC) has signed a contract with the Arabian Automobile Association (AAA), a provider of roadside services, to operate a smart car recovery system to be launched in March. The system is designed to offer roadside assistance in case of vehicle breakdown through a smart app, which will be rolled out with the project launch for use in all smartphones. The move is part of […]

Credit: Michael Vadon Attribution 2.0 Generic (CC BY 2.0) Now that President Trump is in the White House, there are some breathless stories going around about the technology his administration is adopting. When Barack Obama came into the White House, he was the most connected president ever, an active user of an actual BlackBerry, before that concept became so terribly quaint. At the time, I covered the […]

Agreement allows healthcare organisations registered within the DHCA to operate inside the DIFC Partnership is in line with government’s wellbeing initiatives to broaden healthcare provision and access across the Emirate Move will continue to increase the international attractiveness and competitiveness of the DIFC community Dubai-UAE: 27 January 2017  Dubai International Financial Centre (DIFC) Authority, the entity overseeing the largest financial centre in the Middle East, Africa and […]

US tech firm Apple has been named the brand that has the closest emotional bond with UAE citizens and residents. According to MBLM’s second UAE Brand Intimacy 2017 Report, Applie retained its position at the top for the second year in a row, followed by car brands BMW and Ford. The top 10 is rounded out by Lexus, Audi, Google, Mercedes, Louis Vuitton, Hilton and Nescafé. According […]

By Lucia Mutikani | WASHINGTON WASHINGTON U.S. economic growth slowed more than expected in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment suggested the economy would continue to expand. Gross domestic product increased at a 1.9 percent annual rate, the Commerce Department said on Friday in its first estimate of fourth-quarter GDP. That was […]

Donald Trump’s first week as US president has re-energised Wall Street bulls while sharpening concern about the risk of higher inflation and trade protectionism. The sense of fatigue that hung over much of January has been replaced by renewed enthusiasm for equities, as investors sent the S&P 500 to fresh highs and the Dow Jones Industrial Average finally broke above the 20,000 threshold. As the billionaire took […]

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Good morning. Is it the “opposition party?” Shortly after Steve Bannon, President Trump’s strategic and cultural Svengali, called the American press the “opposition party,” the opposition calmly sat on a Chicago stage and suggested the best path forward. Their response? Reasoned and tough-minded indifference. It’s a de facto prescription that might drive the new tweeter-in-chief and his sledgehammer-wielding sycophants daffy in their search for a Jacksonian revival. […]

The landscape of public transport is changing across the world. Not long ago, the only option for people who did not have their own car was to queue for a paper ticket and squeeze into a sardine-can bus or train. Today, the new normal is to download a ‘smart’ app and book a point-to-point ride for an ever-diminishing cost. Ride-hailing apps such as Uber and Careem are […]

Buying cycles are already very long in the IT industry. With the rise of fake news and general mistrust in corporate media content of all kinds — those buying cycles will get longer. And sales and marketing costs will skyrocket for IT companies. As an IT buyer relying on high quality information from your peer groups won’t help much because their information sources will be also be […]

Dubai, UAE, 27 January, 2017 Dubai Electricity and Water Authority (DEWA) has signed a Memorandum of Understanding (MoU) with National Energy Technology Laboratory (NETL), which operates under the US Department of Energy, and specialises in energy security, and the Research and Development (R&D) of coal, natural gas, and oil technology. The MoU aims to strengthen cooperation and develop new framework as per the highest international standards, to […]

By Vikram Subhedar | LONDON LONDON The dollar extended its recovery against a basket of other currencies on Friday, while banks dragged European shares slightly lower following underwhelming results from Swiss major UBS. The two-day recovery comes after the dollar suffered a 4 percent drop in the three weeks from Jan. 3 reflecting doubts about how U.S. President Donald Trump’s policies will play out for the currency, […]

Maybe you are planning UAE’s wedding of the century; maybe you are just getting ideas for “someday” or maybe you aren’t getting married at all. No matter what your situation, there is much to marvel at this year’s Bride Show Abu Dhabi. Here are six highlights from almost 200 exhibitors that will appeal no matter what’s going on with your ring finger. • The Bride Show Abu […]

UBS finished a tough 2016 on an upbeat note, with an unexpectedly strong increase in fourth-quarter profits, and has predicted improved US investor confidence would this year boost its wealth management businesses. However, Sergio Ermotti, chief executive, warned the more positive US trends were not mirrored globally, and UBS’s shares fell 1.2 per cent in early trading as analysts raised concerns about unexpected fourth-quarter outflows of clients’ […]

“Strange how in the Middle East making peace looks so similar to waging political war,” he lamented in an Op-Ed article in The New York Times in 1989. In 1986, Mr. Cohen was the catalyst for the first three clandestine sessions in Paris and Brussels between Israeli and Palestinian representatives, two from each side. Ostensibly, those talks were limited in scope to missing or captured soldiers, but […]

Sitting in his spacious office in Doha’s West Bay, free from the entourage of assistants usually attached to CEOs of large, government-backed organisations, Rashid Bin Ali Al Mansoori appears relaxed and unhurried. He even responds, “How much time would you like?” when asked to confirm the length of our meeting. Al Mansoori, who has served as CEO of Qatar Stock Exchange (QSE) since 2012, is frank about […]

By Joseph Campbell | BEIJING BEIJING Tougher law enforcement has reduced the number of environmental offenders in Beijing in recent years, but more companies need to adapt to the emissions standards in China’s capital, its environmental inspection squad says. Graphic on air pollution in Beijing tmsnrt.rs/2hVMPCb Beijing has been on the frontlines of a “war against pollution” declared by Premier Li Keqiang in 2014, as part of […]

(Image: CBSNews.com) With the Trans-Pacific Partnership (TPP) having been dumped by new United States President Donald Trump on his first week in office, the question remains as to whether the remaining signatories will attempt to push through the deal by themselves or with China’s aid — or whether they will instead use a Chinese-led deal. The TPP, signed by its 12 member states in February 2016, was […]

Readers have had enough of the media not calling things by their names. Take Don Miller, of Littleton, Colorado, for example: Do you remain asea in ‘political correctness,’ or are you just being kind when you make reference to ‘whoppers’ and ‘falsehoods?’ A lie is a lie is a lie is a lie, intended to sway and/or influence the recipient, but still a lie. Mr. Miller’s email […]

TOKYO Toshiba Corp’s (6502.T) board on Friday approved plans to make its core chip business a separate company and seek outside investment in it, aiming to avoid being crippled by an upcoming multi-billion dollar writedown for its U.S. nuclear business. Toshiba estimates the value of its chip business – the world’s biggest NAND flash memory producer after Samsung Electronics (005930.KS) – at 1-1.5 trillion yen ($9-13 billion), […]

Your daily guide to community and cultural activities across the Emirates for January 27, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Outdoor market Check out the Marhaba Market at Deerfields Mall, where you’ll find family fun and entertainment, as well as 30 exhibitors offering fresh produce, flowers and plants, plus art, handicrafts, fashion […]

Vijay Mallya has denied that he fled India leaving behind $1.3bn of unpaid loans, after Indian authorities this week charged the billionaire industrialist with criminal conspiracy, dishonesty and corruption in an effort to secure his extradition from the UK. In a series of tweets late on Thursday night, Mr Mallya said that there was “no final judicial determination on what Kingfisher Airlines owes to banks and what […]

Dubai, January 26, 2017 UAE Konica Minolta Business Solutions Middle East, held its annual Middle East Distributor Conference recently, at the Dusit Thani Hotel in Dubai. More than eleven distributors from across the Middle East were present at the event. With a theme of “Driving Smarter Workflows”, the one-day long conference featured informational presentation, educational discussions, future strategy, and demonstrations of Konica Minolta hardware, software, and managed […]

All three of President Donald Trump’s likely nominees to the U.S. Supreme Court appear to be millionaires, just like the majority of their potential colleagues already on the nation’s highest court and many of Trump’s other picks for senior positions. Those reportedly on Trump’s short list to fill a vacancy created by the death of Justice Antonin Scalia are all federal appellate judges: Judge Neil Gorsuch of […]

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