At the Bundesbank’s Frankfurt offices, its dealers sit in front of rows of Bloomberg and Reuters terminals and search for €10bn-worth of their government’s bonds to buy each month. As prices for the debt hit record highs earlier this year, they struggled to find bonds cheap enough to meet their target, set as part of the European Central Bank’s quantitative easing programme. Now, as investors anticipate higher […]
By Bernie Woodall | DETROIT DETROIT Automakers in the United States are ramping up holiday sales promotions ahead of Black Friday, aiming to clear out bulging inventories of unsold cars and dispel investor doubts about consumer demand. Detroit automakers need a strong year-end sales push. They are sitting on hefty inventories of unsold sedans, compact cars and sports cars as consumers shift to pickup trucks and SUVs. […]
There’s always a real buzz in Abu Dhabi around the time of the Grand Prix and whether you’re a fan of Formula One, or not, there’s plenty to see and do. We have rounded up some of the best ways to get involved in the hype without hotting the grandstands. F1 FanZone If you’re not in the stands at Yas Marina Circuit, the next best place to […]
South Korea on Wednesday signed a military intelligence-sharing pact with Japan aimed at better managing the threat from North Korea’s increasingly active missile and nuclear weapons programmes. The deal, which comes as Seoul scrambles to adjust to the region’s shifting geopolitical landscape, has faced fierce domestic opposition from critics who slam it as an example of embattled President Park Geun-hye’s unilateral decision-making. Ms Park is embroiled in […]
What makes Arena succeed? “First, he’s smart,” Logan said. “Second, he understands the theater of sport, like Casey Stengel. Third, he knows it’s a game that young people play. He coaches during the week and doesn’t think he’s running the game on Saturday or Sunday.” Photo Arena, far left, the team’s coach, and Landon Donovan, center right, celebrated after the Los Angeles Galaxy won the 2011 M.L.S. […]
ABU DHABI // The new Dh2.1 billion motorway connecting Abu Dhabi and Dubai will be open by the end of next month, providing an alternative to the congested E11. A 62-kilometre stretch of road between the end of the E311, near Al Ghadeer Village, running to the Abu Dhabi-Sweihan Road is 98 per cent complete, the Abu Dhabi General Services Company (Musanada) announced on Tuesday. It will […]
Check Out the First Teaser Trailer for Cars 3 (Video Videos) | Video Games, Wikis, Cheats, Walkthroughs, Reviews, News & Videos – IGN Middle East Check Out the First Teaser Trailer for Cars 3 Lightning McQueen returns in the first official look at the third Cars film, which hits theaters on June 16, 2017. HOME Videos Source link
By Timothy Aeppel and Mai Nguyen American companies from appliance makers to auto parts suppliers have lined up to offer a quiet caution to President-elect Donald Trump as he considers pulling the United States from trade deals: most lost manufacturing jobs aren’t coming back, but higher costs for consumers could. Consider the sneaker industry, one of the first to move to Asia because of the sharply lower […]
Contractors lay a total of 8,550 litres of water-based paint. The team will apply 4,500 litres of ‘Yas blue’ paint, 720 litres of ivory, 1,440 litres of red and 1,440 litres of white paint to the track ahead of the Abu Dhabi Grand Prix. Courtesy Seven Media The white grandstand canopies that have collected dust and sand over the summer months are cleaned with pressure hoses. Courtesy […]
The stars will to be out in full force for Abu Dhabi’s Grand Prix, not least because this year’s race is a championship decider. Which celebrities can we expect to see painting the town Ferrari-red this weekend? newslide Paris Hilton – and Nicole Richie? Not only is Richie’s dad Lionel Richie singing at Yas Arena on Saturday night, but her old ‘bestie’ Paris Hilton is DJing in […]
A new Allrecipes Alexa skill can now help around the kitchen, bringing 60,000 recipes to try out. Users can search recipes based on the name of the dish, the ingredients they have or the time it would take, and Alexa will read the instructions out loud. ( Allrecipes | YouTube ) A neat new skill from Allrecipes turns Amazon’s Alexa into a knowledgeable foodie, with a vast […]
Sunday’s Grand Prix race in Abu Dhabi will decide who wins the F1 championship – and Sean Paul is just as revved up for his upcoming performance on the Corniche. The Jamaican dance-hall king will headline on Friday, day two of the free Beats on the Beach festival – followed by a show at Mad nightclub on Yas Island the same night – and says he is […]
Submitted by Eric Peters via EricPetersAutos.com, It is good that Hillary lost – obviously. But it may prove to be the worst thing that could have happened. Depending on what Trump does as president. If he governs as a Republican, it is time to pack bags. Because the clock is ticking. We will have – at best – four years before something far worse than Hillary returns, […]
MILAN Fiat Chrysler Automobiles (FCA) (FCHA.MI) said it has teamed up with U.S. internet giant Amazon (AMZN.O) to start selling cars online offering an additional discount. Initially only Italian buyers will be able to purchase their cars with a simple click online and the offers on Amazon.it will be limited to three models – the 500, the Panda and the 500L. FCA said the choice was deliberate […]
Donald Trump has claimed credit for keeping a Ford plant from moving to Mexico after the automaker said it would continue making its Lincoln model in Kentucky, though the company denied it ever planned to move the factory. The president-elect said on Twitter that he had been called by Bill Ford, chairman of the carmaker, who told him “he will be keeping the Lincoln plant in Kentucky […]
Just over a year ago I conducted a social experiment as a taxi driver behind the wheel of a Careem taxi. Careem is a Dubai-based transportation company, founded in 2012, that allows customers to request a taxi via a smartphone app either immediately or for a later time. In a country where it is a battle to stand on the street under the summer sun for half […]
WOLFSBURG, Germany Volkswagen (VOWG_p.DE) unveiled plans to cut 23,000 jobs in Germany to help achieve 3.7 billion euros ($3.92 billion) in annual savings by 2020 to turn around its core brand and help fund a shift to electric and self-driving cars following its emissions scandal. The agreement foresees a 25 percent improvement in productivity at German plants, the company said at a news conference on Friday. The […]
By David Shepardson | WASHINGTON WASHINGTON U.S. President-elect Donald Trump said Ford Motor Co Executive Chairman Bill Ford Jr told him the automaker would not move a Kentucky plant to Mexico, but the firm said it informed him the decision was to keep one vehicle in U.S. production. On Thursday, Trump posted on Twitter: “I worked hard with Bill Ford to keep the Lincoln plant in Kentucky. […]
DUBAI // It may be a benefit reserved for the most well heeled, but the new Emirates Skywheels service, transporting luxury cars from Dubai, is sure to turn a few heads on runways around the world. There is nothing worse than having to settle for the standard rental car option when your pride-and-joy supercar is going to waste parked in the garage at home. But that could […]
A new Sesame Street movie is being developed by writers David Guion and Michael Handelman for Warner Bros. According to Deadline, the writers are working on a script treatment for the movie based on everyone’s favorite fictional New York City street. Sesame Street was a mainstay of children’s programming on PBS for over 40 years, and last year the series moved to its new home on HBO. […]
By Steve Holland and Emily Stephenson | WASHINGTON/NEW YORK WASHINGTON/NEW YORK President-elect Donald Trump closed in on naming two early Wall Street backers to key economic positions but jettisoned a national security expert from his transition team on Tuesday, a sign of the premium he places on loyalty as he confronts the task of building his administration. Trump, a Republican outsider who won a surprise election victory […]
Photo A blanket of smog covered Tehran on Monday. Every year, heavy pollution gets trapped by the Alborz Mountains. Credit Atta Kenare/Agence France-Presse — Getty Images TEHRAN — This week, as a yellow blanket of smog settled in for what is typically a winter-long stay, Reza Shajiee, a prominent hipster socialite, posted a picture of himself on Instagram wearing a gas mask under his motorcycle helmet. The […]
ABU DHABI // A new law has replaced TransAD, the Centre for Regulation of Hire Cars, with a new organisation. In legislation issued by President Sheikh Khalifa on Tuesday, TransAD will become the Integrated Transport Centre, an independent authority that reports to the Department of Municipal Affairs and Transportation, reported state news agency Wam. It will regulate public transport, parking management, traffic control centres, weighing stations and […]
The world’s favourite spy has arrived in Dubai with a licence to thrill – or at least, we have his cars, suits, guns, gadgets and even a few of the women that have helped to make the 24 Bond movies the most enduring film franchise of all time, raking in an estimated US$14 billion (Dh51.4 bn) since Sean Connery introduced us to 007 in 1962’s Dr No. […]
