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PARIS French cosmetics group L’Oreal (OREP.PA) is acquiring three specialized skincare brands – CeraVe, AcneFree and Ambi – from Canada’s Valeant Pharmaceuticals International (VRX.TO) for $1.3 billion in cash to expand into one of the fastest growing areas of the beauty industry. The French cosmetics giant paid nearly eight times the brand’s combined annual revenue of $168 million. “These three brands, built on strong relationships with health […]

DUBAI// A 20-year-old cleaner who tried to stab his boss to death because he was unhappy after being moved to a new workplace will spend six months in jail. The Pakistani attacked his Indian boss on May 30 last year after he was told he was being moved to Motor City. “He asked me about his assignment, then all of a sudden he pulled a knife he […]

09 January 2017 Technology today has progressed to the point where innovation is no longer about creating a better life, instead it is the desire to create a better lifestyle for consumers that underpins the most exciting new products. While some of these innovations will quickly find their way into our lives and change how we do things, others are concepts that may or may not be […]

Submitted by Lance Roberts via RealInvestmentAdvice.com, THE ADDICTION Those who’ve had any brush with addiction know an addict will go to any length to support the habit, including stealing, lies and deception. The addict is aided and abetted by co-dependent friends and family members who cover up for the addict’s bizarre behavior and pretend nothing’s wrong. Breaking the addiction starts with the co-dependents recognizing their role and […]

By Zachary Fagenson and David Shepardson | MIAMI/DETROIT MIAMI/DETROIT Volkswagen AG (VOWG_p.DE) suffered a new setback on Monday when an executive was charged with conspiracy to defraud the United States over the company’s diesel emissions cheating and the automaker was accused of concealing the cheating from regulators. Oliver Schmidt, who was general manager in charge of VW’s environmental and engineering office in Michigan, did not enter a […]

Volkswagen’s senior management was briefed in the summer of 2015 on the cheating software at the centre of the company’s diesel emissions scandal, and ordered its continued concealment, according to criminal charges unsealed by US prosecutors on Monday. VW employees briefed “executive management” in July 2015 at the German carmaker’s headquarters in Wolfsburg, Germany, about the use of software-based defeat devices to understate emissions in official tests, […]

Blow-dry bars are not the only booming business models in the world of hair and beauty. With the global appeal of beards, new barbershop concepts are also gaining popularity in the Middle East, where male clients are often just as particular about their ­appearance as women are. Nidal Rafiq Malaeb has been a barber for 15 years, and works at the new 1847 VIP Room in ­Jumeirah […]

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A new catalyst for breaking the tough molecular bond between carbon and hydrogen holds the promise of a cleaner, easier, cheaper way to derive products from petroleum, say researchers. Simple, plentiful hydrocarbons are the starting block for complex chemical products such as plastics and pharmaceuticals. The first step, however, is very, very difficult — breaking the carbon-hydrogen bond. A new au naturel catalyst mimics nature to break […]

The Federal Bureau of Investigation has arrested a Volkswagen AG (VOWG_p.DE) executive on charges of conspiracy to defraud the United States, the New York Times reported on Monday. Oliver Schmidt, who headed the company’s regulatory compliance office in the U.S. from 2014 to March 2015, was arrested on Saturday by federal investigators in Florida, the newspaper said, citing people familiar with the matter. nyti.ms/2iTA73S VW admitted in […]

A snake found on board an Emirates aircraft forced the cancellation of a flight from Muscat to Dubai. The snake was discovered on Sunday prior any passengers boarding the 10.50am flight, and was cancelled to allow for a cleaning crew to carry out a detailed service before the Boeing 777 aircraft returns to service. “Emirates can confirm that flight EK0863 from Muscat to Dubai on 8 January […]

Entrepreneurs in the country are using some old-fashioned handiwork to help create products for mass production at a fraction of the today’s costs. Whether this will be a manufacturing revolution or evolution, 3D printing is here to stay. For a man working at the frontier of a technological revolution, there is a surprising amount of handicraft to Ahmad Mackieh’s approach to 3-D printing that shows in the […]

UK taxpayers are facing a £24bn bill for decommissioning oil and gasfields in the North Sea — threatening to wipe out remaining tax revenues from an industry that has been among the Treasury’s most reliable cash cows for the past four decades. The new estimates show how the North Sea oil industry risks becoming a net drain on UK resources as it enters its sunset years and […]

Showcase for Business Opportunities in Waste Management Sector, More Than 100 New Products and Services 08 January 2017 Abu Dhabi, United Arab Emirates Leading international experts will share practical experience to create a cleaner, healthier, and more sustainable environment, at the fourth EcoWASTE conference and exhibition to be held from 16 to 19 January as part of Abu Dhabi Sustainability Week (ADSW). Hosted by Masdar in […]

A year ago Mohammed bin Salman, Saudi Arabia’s deputy crown prince and the power behind the throne, electrified the global energy industry by revealing plans to float the world’s largest oil producer. The ambitious proposal for an initial public offering in state-owned Saudi Aramco is the centrepiece of the hard-charging 31-year-old’s vision to overhaul an economy seen as too heavily dependent on natural resources. One year on […]

Abu Dhabi Municipality seized a total of 1,233 abandoned vehicles last year, it has said. The civic body launched 6,687 inspection campaigns and issued over 4,929 warnings with regarding to abandoned vehicles in the emirate. The move to remove the abandoned vehicles is aimed to keep the city clean, improve the general outlook and enhance safety and security. The municipality said all notifications affixed on abandoned vehicles […]

BAGHDAD Iraq’s Prime Minister Haider al-Abadi said on Saturday an agreement had been reached with Turkey over an Iraqi demand that Turkish forces withdraw from the Bashiqa camp near Mosul in the north of the country, Iraqi state TV reported. However, a joint communique issued after Abadi met his Turkish counterpart Binali Yildirim in Baghdad did not refer to any such deal, but said both sides stressed […]

This year will doubtless throw up even more global-­scale curveballs than the tumultuous previous 12 months. But whatever happens, at least there’s solace to seek from some tantalising fresh metal due to roll out between now and the end of December. Here are seven debutants we’re keenly anticipating. newslide Alfa Romeo Stelvio The Italian serpent brand is the latest to join the SUV horde, but its new […]

Photo The Russian Olympic Committee headquarters and the Russian Athletics Federation office in Moscow. Credit Maxim Shipenkov/European Pressphoto Agency United States intelligence officials have determined that last year’s cyberattacks on the World Anti-Doping Agency originated with the Russian government, perpetrated in apparent retaliation for what President Vladimir V. Putin deemed to be an American-led effort to defame Russia for widespread doping. That conclusion was published Friday in […]

With Formula One such big business in Abu Dhabi, it shouldn’t be any surprise that the country’s first go-kart-racing school has arrived in the capital. Hosted by Al Forsan International Sports Resort, wannabe future F1 racers can learn invaluable advice to improve technical skills and increase confidence at the school. It offers a single class or a bundle of four, teaching future drivers all they need to […]

Dubai, UAE, 6 January 2017 Dubai Supreme Council of Energy (DSCE) held a press conference in Oman to promote the 3rd Emirates Energy Award (EEA 2017) that will be held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai under the theme ‘Innovative Solutions for Clean Energy’. The press conference held at Grand […]

Something remains very broken with the US labor market: while the unemployment rate remains just shy of the lowest print since August 2007, rising fractionally to 4.7%, wage growth for most workers, as reported earlier, rose just 2.5%, far below the 4.0% it was when the unemployment rate last hit 4.7%. This continues to vex economists who have vowed that if only one lowers the unemployment rate […]

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 […]

Every big city has a sanctuary of sorts, a place where people can escape from the madness around them. New York has its famous Central Park; in London you can take your pick of Hyde, Regent’s, Green or St James’ parks – all greening up large parts of some of the world’s most expensive real estate. At the other end of the world, Auckland, the largest city […]

Impact craters expose the subsurface materials on the steep slopes of Mars. However, these slopes often experience rockfalls and debris avalanches that keep the surface clean of dust, revealing a variety of hues, like in this enhanced-color image from NASA’s Mars Reconnaissance Orbiter, representing different rock types. Source link

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