Qatar Airways on Tuesday announced that it will offer daily non-stop flights between Doha and Dublin, the capital of the Ireland. Qatar Airways Group CEO Akbar Al Baker said the airline will operate a Boeing 787 Dreamliner on the route which will launch on June 12, 2017. He said: “Qatar Airways has seen unprecedented growth in recent times and continues to launch new destinations on our global […]
Lydia Polgreen, the editorial director of NYT Global at The New York Times, will be The Huffington Post’s next editor in chief. She follows Huffington Post founder Arianna Huffington, who had been at the top of the website’s masthead since its founding in 2005. So excited that my successor as EIC of HuffPost will be Lydia Polgreen, who I know will take HP to new heights. Here […]
December 6, 2016 by: Mark Wiedman and Richie Prager This is part of a series on the global rise of exchange traded funds How do you buy or sell bonds if the middleman is not there any more? As any bond investor will tell you, buying or selling bonds is harder and more costly than in long memory. Since the crisis, regulators have squeezed the investment bank […]
Investment in Manufacturing Innovative Medicines Supports the Kingdom’s “Vision 2030” Aspirations 06 December 2016 Merck Sharp & Dohme (MSD), known as Merck & Co, Inc. in the US and Canada, has today highlighted the initiation of the manufacturing investment agreement with Pharma Pharmaceutical Industries (PPI). This deal enables PPI to exclusively manufacture many of the MSD medicines approved by the Saudi Food & Drug Authority and distributed […]
GFH Financial Group hopes to largely complete the acquisition of Bahrain’s Bank Al Khair in the first quarter of next year and is at an advanced stage of exploring a merger with another Bahraini bank, its chief executive said on Tuesday. “The recent merger we announced was Bank Al Khair – we hope during the first quarter of 2017 to finish most of our acquisition,” Hisham al-Rayes […]
ABU DHABI // The UAE has held on to its top ranking for the region in a survey of pupils’ proficiency, but experienced a drop in its global placings for two subjects. Results from the Programme for International Student Assessment (Pisa) released on Tuesday also show that UAE pupils continue to fall below the Organisation for Economic Co-operation and Development average in the three subjects tested – […]
Chesapeake Energy, the indebted US energy group that was among the pioneers of the country’s shale revolution, tapped debt markets for the first time in more than two years on Tuesday in a deal that underlined renewed appetite for oil and gas assets. The Oklahoma-based company, which defaulted on some of its obligations this year, secured $1bn in a larger than expected financing to repay as much […]
London’s FTSE 100 stands apart as the global laggard among major stock indices with investors giving it a wide berth almost a month since the election of Donald Trump. The performance reflects concern over Brexit negotiations hurting the shares of companies exposed to the UK economy while the pound’s recent rebound against the dollar and the euro offsets the boost for resource stocks from rising crude and […]
Popular web hosting company GoDaddy has acquired start-up company WP Curve, which offers services and support for WordPress sites. GoDaddy Buys WP Curve Dan Norris and Alex McClafferty created WP Curve three years ago as a catch-all services provider for WordPress sites. It offers services such as boosting security, increasing search engine traffic and more. It has almost 1,000 subscribers and over 44,000 orders completed since its conception. Specific details […]
A man holds up his mobile phone showing a M-Pesa mobile money transaction page for the photographer at an open air market in Kibera in Kenya’s capital Nairobi (Reuters/Noor Khamis). This post features a conversation with Georgia Levenson Keohane, executive director of the Pershing Square Foundation, adjunct professor of social enterprise at Columbia Business School, and author of Capital and the Common Good: How Innovative Finance is […]
Hedge fund manager Pierre Andurand has returned almost 15 per cent this year by betting on a recovery in oil prices and he forecasts the rally has further to run after Opec’s agreement last week to cut supplies. The French founder of Andurand Capital, which has grown to be one of the world’s largest oil funds, returned 6.1 per cent in November as he positioned for crude’s […]
Solar panels, which convert sunlight into electricity, are a key player in the fast-growing renewable energy sector, which also includes water- and wind-generated electricity The climate-friendly electricity generated by solar panels in the past 40 years has all but cancelled out the polluting energy used to produce them, a study said Tuesday. Indeed, by some calculations, the so-called “break-even point” between dirty energy input and clean output […]
06 December 2016 Saxo Bank, the online multi-asset trading and investment specialist, today announces that it is launching a combination order ticket for all clients trading contract options. The combination order ticket will enable clients to deploy multi-legged option strategies by simultaneously placing orders to buy and/or sell different options from the same order ticket. Georgio Stoev, Futures and Listed Options Product Manager, said: “Instead of trading […]
Pouncer: Next year the compay plans to demonstrate the drones being launched from a C130 Hercules cargo aircraft.” Illustration:Windhorse Aerospace A UK company is developing lightweight and edible food drones to bring supplies to hard-to-reach areas in times of disaster. The Somerset-based Windhorse Aerospace last week presented its Pouncer design to Priti Patel, the UK’s Secretary of State for International Development. The drone is nine feet wide, […]
If you set out to make a positive investment case for Italy 20 years ago, the best hope was to play down the myriad structural inefficiencies that blighted the corporate sector and argue that this was a good economy burdened by an unworkable state. Now, after years of no growth accompanied by stubbornly high public debt, a positive case looks even harder to make, especially after the […]
By Jonathan Cable | LONDON LONDON Britain will most likely leave the European Union having signed a bilateral trade agreement, according to a Reuters poll of economists on Tuesday that also suggested there remains little chance of the country slipping into recession. Since the June 23 decision to leave the EU, Britain’s economy has performed much better than had been previously feared. The Bank of England is […]
By Stanley White | TOKYO TOKYO Japanese Prime Minister Shinzo Abe is arranging to meet Donald Trump about a week after he takes over as U.S. president on Jan. 20, Jiji news service reported on Tuesday. Abe met Trump in New York last month, soon after his election victory, and Jiji said Abe would meet him around Jan. 27. Trump’s inauguration is due on Jan. 20. A […]
InfoComm MEA Opens Today as Region’s Leading A/V Event, Showcasing Holograms, Videoboards, and Audio and Lighting Systems DUBAI, United Arab Emirates – 6 December 2016 Holograms, massive videoboards, and state-of-the-art audio and lighting displays will be among the audiovisual innovations set to make Expo 2020 in Dubai the world’s most technologically advanced event. The UAE is one of the fastest-growing professional audiovisual markets in one of […]
The vast majority of UAE-based CEOs are confident about prospects for their organisations over the next three years, according to the KPMG 2016 CEO Outlook report. The survey findings revealed that 76 percent of polled UAE-based CEOs – compared to 41 percent of global CEOs – believe that their business will change significantly over the next three years. The survey also found that UAE bosses believe that […]
TOKYO Toyota Motor Corp said on Tuesday it will expand the development of its gasoline-hybrid technology over the next five years to speed up the introduction of lower-emission engines in the face of stricter global emissions standards. The announcement was the latest by the Japanese firm aimed at making cars “greener” as global automakers face tighter regulations in China, the United States and other regions that will […]
It’s been a bad year for newspapers. Money from print advertising is tanking. Layoffs have affected newsrooms large and small. And The President-elect isn’t shy about abusing journalists on Twitter. But today, just a few weeks before Christmas, the clouds parted a bit as New York Times CEO Mark Thompson spoke at the UBS Global Media & Communications Conference in Manhattan. He dispensed a couple of encouraging […]
Submitted by Brian Cloughley via Strategic-Culture.org, Britain, China, France, Russia and the United States are the world’s five «nuclear weapons states», a description officially recognised in the Nuclear Non-Proliferation Treaty (NPT), which lays down that «each nuclear-weapon State Party to the Treaty undertakes not to transfer to any recipient whatsoever nuclear weapons or other nuclear explosive devices…» It is apparent that the word ‘transfer’ involves ownership and not location, […]
The inaugural event will serve as a platform for industry wide knowledge exchange and discussions around legacy creation 06 December 2016 Dubai, United Arab Emirates: Dubai Business Events in collaboration with the BestCities Global Alliance and the Professional Convention Management Association (PCMA), inaugurated the first ever BestCities Global Forum yesterday. Dubai is proud to host the first event of its kind organised by the global alliance, set […]
Flat6Labs Abu Dhabi, a digital media accelerator supported by twofour54 Abu Dhabi, showcased eight new start-up companies during its third Demo Day. The Demo Day, held under the patronage of HE Noura Al Kaabi, Minister of State for Federal National Council Affairs of the UAE and Chairwoman of the Media Zone Authority-Abu Dhabi, and twofour54, took place during the UAE Innovation week. In addition to the diverse […]
