News related to
business

Former world number one Tiger Woods said he would compete in the European Tour’s Dubai Desert Classic next month as he charts his comeback from injury. “I’ve always enjoyed playing in Dubai and it’s fantastic to see how the city has grown phenomenally from when I first started playing there,” Woods said on the event website on Thursday. Woods, sidelined by back pain for the past 15 […]

BEIJING An influential Chinese state-run tabloid has chided the New York Times over its reporting practices after Apple Inc removed the newspaper’s app from its China app store at the request of the Chinese government. The Global Times editorial, released on Friday, said the New York Times had in the past four years been “trying to wield influence in China’s internal affairs” by doing investigative stories on […]

For the tourists visiting Abu Dhabi from around the world, buying dates is a top priority when searching for a taste of the UAE to take back home as gifts for family and friends. ABU DHABI // Date traders are in their element during the winter months at Mina Dates Market because the influx of tourists means they are doing brisk business. It seems the little fruit […]

JERUSALEM — Expensive cigars for him and pink Champagne for her? On Thursday evening, for the second time this week, investigators grilled Prime Minister Benjamin Netanyahu of Israel at his official residence as a suspect in an investigation into possible corruption, the details of which have largely been kept under wraps. The police said in a brief statement that Thursday’s session had lasted five hours and that […]

Fine leather accessories do not come cheap. But with so many options on the market for high end leather goods, how does one make a choice? Robert Ettinger, Managing Director of leather brand Ettinger London, shares his tips. 1. Practicality: Choose accessories that will fulfil your requirements in terms of storage and efficiency, be it a briefcase or card holder, Ettinger advises. More often than not, business […]

With all eyes likely on wage growth indications in the subtext of tomorrow’s payrolls report (following The Fed Minutes’ comments on full employment), Goldman Sachs is forecasting a better-than-expected 0.3% rebound in average hourly earnings (helped by more favorable calendar effects) and a better-than-expected 180k payrolls print (albeit with a small rise in the unemployment rate). However, they are careful to note that any downside can be […]

Low-cost carrier Frontier Airlines is preparing for an initial public offering and has hired banks to plan the debut, The New York Times reported, citing people familiar with the matter. Frontier Airlines has hired Deutsche Bank AG (DBKGn.DE), JPMorgan Chase & Co (JPM.N) and Evercore to manage the debut, the newspaper reported. nyti.ms/2jgXFCT The Denver-based airline is aiming to raise about $500 million, valuing the company at […]

Advertisements

News flash: In 2017, Microsoft Connected Car is now known as Microsoft Connected Vehicle. Otherwise, Microsoft’s automotive strategy remains the same as it was in 2016. Credit: Microsoft Last year, Microsoft execs made it clear that embedding some variant of Windows inside a car is not what Microsoft officials believe to be important — or, more importantly, something they could attain. Last year at CES, Microsoft execs […]

India will on Friday get its first official indication of the impact of Prime Minister Narendra Modi’s war on cash on the larger economy. The country’s statistics ministry will release its estimate of growth in gross domestic product for the current fiscal year and analysts will be watching to see if it can maintain its 7.6% rate despite the severe cash shortage sparked by the Nov. 8 […]

Manama, Kingdom of Bahrain, 05 January 2017 The Kingdom of Bahrain’s national carrier, Gulf Air, today began its official 14-day countdown to the highly anticipated launch of the airline’s first flight to Bandaranaike International Airport, in the Sri Lankan capital Colombo, which will commence on 19th January 2017 with 5 flights per week. In advance of the route launch Gulf Air Chief Executive Officer, Mr. Maher Salman […]

Four top managers at National Bank of Abu Dhabi (NBAD) have resigned from the lender, effective from Jan. 1, 2017, it said on Thursday. Abdulla Mohammed Saleh AbdulRaheem, deputy group chief executive, and Qamber al-Mulla, senior managing director and chief executive of Gulf and international, had both left the bank, it said. Saif al-Shehhi, senior managing director, UAE government and key Abu Dhabi-based clients, and Abdulla al-Otaiba, […]

Your daily guide to community and cultural activities across the Emirates for January 6, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Cultural festival Enjoy the extended opening of Sheikh Zayed Heritage Festival. Learn more about local culture at this event that celebrates the legacy of the founding President of the UAE, including entertainment […]

By David Shepardson | WASHINGTON WASHINGTON U.S. President-elect Donald Trump targeted Toyota Motor Corp (7203.T) on Thursday, threatening to impose a hefty fee on the world’s largest automaker if it builds its Corolla cars for the U.S. market at a plant in Mexico. “Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or […]

By Susan Cornwell and Susan Heavey | WASHINGTON WASHINGTON Senate Democrats on Thursday demanded an ethics probe into Tom Price, President-elect Donald Trump’s pick for U.S. health secretary, following a report that the fierce Obamacare critic traded in healthcare company stocks while pushing legislation in Congress that could affect those shares. Senate Democratic leader Chuck Schumer and others made their comments as congressional Republicans moved ahead with […]

Qatar Airways is to swap its order for up to 80 Airbus A320neos for the larger, longer-range A321 version, the airline’s chief executive said on Thursday. The Doha-based carrier has refused to take delivery of A320neos since December 2015 over performance issues with the aircraft’s engines. “We are going to take all A321s, there will be no more A320s,” Chief Executive Akbar al-Baker told reporters in Doha. […]

ABU DHABI, January 5, 2017 The Higher Colleges of Technology (HCT) named 2017 as the ‘Year of Faculty’ at its annual Spring Conference, attended by over 1300 faculty, where it announced a new faculty academic scale to enhance the role of university educators and reward their performance. Inaugurating the conference, Dr. Abdullatif Al Shamsi, HCT Vice Chancellor, said the slogan ‘2017: Year of Faculty’ arose from HCT’s […]

Tiny rods found inside the bodies of orange puffball sea sponges have an interesting tapered shape. That shape, new research shows, turns out to be a match for the Clausen profile, a column shape shown to be optimal for resistance to buckling failure. Credit: Michael Monn, Haneesh Kesari / Brown University Judging by their name alone, orange puffball sea sponges might seem unlikely paragons of structural strength. […]

On an episode of the popular television show House of Cards, the American president, played by Kevin Spacey, announces an initiative to create 10 million jobs in America, where anyone who’s unemployed and wants a job will get one. In a speech, he says: “Entitlements have crippled the country. Let me be clear, you are entitled to nothing; you build your future, it isn’t handed to you”. […]

After a near double-digit rally in US stocks since Donald Trump’s election victory, the question for investors is whether the outlook for corporate profits can begin to justify investors’ newfound optimism. Much of the rally has been underpinned by hopes that a Trump administration will boost corporate profits through lower corporate taxes, a more accommodative regulatory regime and a more confident US consumer. Corporate chief executives will […]

By Dustin Volz and Patricia Zengerle | WASHINGTON WASHINGTON The top U.S. intelligence official told Congress on Thursday he was “even more resolute” in his belief that Russia staged cyber attacks on Democrats in the 2016 election campaign, rebuking persistent scepticism from Republican President-elect Donald Trump about whether Moscow was involved. Director of National Intelligence James Clapper said he had a very high level of confidence that […]

Donald Trump remains opposed to AT&T Inc’s (T.N) planned $85.4 billion acquisition of Time Warner Inc (TWX.N), Bloomberg reported, citing people close to the president-elect. Trump, who has been silent about the transaction for months, told a friend in the last few weeks that he still considers the merger to be a bad deal, Bloomberg reported. (bloom.bg/2jfkJlx) He believed the deal would concentrate too much power in […]

Time runs fast, and as many other things public relations and the overall way of communication have gone through an amazing transformation over the past years. To stay ahead of changes businesses must continuously adapt – be it how they operate, motivate their team, manage finances or conduct communications with their target audience. While advertising and more traditional ways of communication are losing consumers’ trust, businesses that […]

Google Chief Executive Sundar Pichai has some straightforward life advice for students at his alma mater: loosen up and have some fun. The India-born Mr. Pichai, speaking Thursday at the elite Indian Institute of Technology Kharagpur outside Kolkata, told university students who asked how they could emulate his success to pursue their passions, take risks, and be creative. That is unconventional advice in a country where parents […]

ABU DHABI // The first batch of Emiratis have begun a 10-month course as part of a programme offering training in horse racing. The Masar Godolphin scholarship, offered under the patronage of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, was awarded to eight Emirati men and women ages 23 to 30 who demonstrated an interest in the sport. The course will include academic and […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA