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Democrats secure Senate majority after Republican election losses // Probe ordered into new bar licences // America On Edge: November 3 Mid Term Polls Outcome May Weaken Trump // XRG secures agreement for $1.45bn Australian LNG stake // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // Bridge Data Centres Appoints New Co-Chief Executive Officer // Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // Can Bernie Sanders Ensure Enough Left Representation In New Congress? // Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // Altman ranks UAE ahead on artificial intelligence adoption // ADNOC authorises Ruwais Diyab gas development for 2029 // ChatGPT billing fraud deploys rotating sites for card theft // Use Of Nuclear Weapons Against Iran Could Trigger A Global Chain Reaction // CPI, CPM dispute portrayal of Vayalar uprising leaders // XTransfer and Bank of China (Hong Kong) Announce Partnership at Hong Kong FinTech Week // Assembly ruckus trial begins after 11 years // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // Apollo broadens Abu Dhabi partnership through Mubadala Capital stake // Ondine Capital Announces First Close of Fund III to Drive AI and Semiconductor Innovation // mamun raises US$3 million to finance cross-border trade between the Gulf and Asia //

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The Department of Industry, Innovation and Science has gone to tender to find a provider to develop a package to help Australian small-to-medium enterprises (SMEs) understand and tackle cybersecurity. The department is after a supplier to design, develop, and deliver cybersecurity-focused materials for business advisors to motivate Australian SMEs, while still adhering to their responsibility under the Business Evaluation (BE) process — a service under the Business […]

The UAE leads the region in renewable energy, according to the International Renewable Energy Agency, and is working to increase its capacity further. The country now produces 139 megawatts from renewable sources, up from 134MW in 2015 and 13MW in 2012. Renewable Energy Capacity Statistics 2017, by the agency that has its base in Abu Dhabi, also found that last year was the strongest for new renewable […]

There ends a third and perhaps final attempt to unite the London Stock Exchange Group and Deutsche Börse. Do they remain independent or prizes for rivals? One supposed reason for the deal was that without it both the LSE and Deutsche Börse viewed themselves as takeover targets. Now we are about to see whether that is truly the case. There are only three other global operators with bigger equity […]

By Gayathree Ganesan and Sruthi Ramakrishnan The steep drop in Lululemon Athletica’s (LULU.O) stock price, following a sales warning that resulted from poor color choices in the company’s spring collection, turns the spotlight on slowing growth in the athleisure category pioneered by the Canadian yogawear retailer. Shares of rivals Nike Inc (NKE.N) and Under Armour (UAA.N) also were down on Thursday, raising questions of whether athletic leisure […]

Growth in trade between African nations looks promising, driven by demographics and growing Middle Class Narrative surrounding the continent still too negative, while work needs to be done to improve infrastructure Abu Dhabi, UAE, March 30, 2017:  Industrialisation across Africa is being held back due to misperceptions about the risk of investing in the continent, according to a panellist at the Focus on Africa session held […]

According to RBC’s cross-asset strategist, Charlie McElligott, two things are behind today’s (painfully volumeless) market rally: i) a return of “policy divergence”, following yesterday’s hawkish announcements by the Fed (“up to 4 hikes”) offset by dovish hints by the ECB, which in turn is powering the dollar higher, and ii) OPEC “deal extension speculation” pushing oil prices higher. The result: the general reflation trade is back on. […]

Intuit’s Quickbooks Online platform has a new integration with Google’s G Suite that will allow small business users to create and send invoices directly through Gmail. Along with the new Gmail Add-on for Invoicing, Intuit is also rolling out an integration that brings QuickBooks functionality to Hangouts Chat, Google’s new dedicated messaging app for teams. Both of these integrations build on the bevy of integrations and partnerships […]

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Sea lampreys (Petromyzon marinus) have gained a notorious reputation in the North American Great Lakes. Although considered an endangered species in their native territories – Europe and the Pacific Northwest – their presence inspires terror in U.S. waters, threatening local fish populations and the fishing industry. These parasitic eel-like fish thrive at the expense of other aquatic creatures, which have come to fear their gaping jawless mouths. Equipped with razor-like […]

For a US$2,000-a-night (Dh7,345) trip to the land of happiness, I’m a little surprised by the “assumption of risk and limitation of liability” statement my tour operator, Amanresorts, insists I sign before proceeding with my Bhutan itinerary. “I understand that I am undertaking travel to a remote geographical area in an undeveloped country where, among other things, a sense of urgency, attention to detail, standards of quality, […]

Thursday 08:35 BST What you need to know ● Stock markets mixed after Wall Street’s steady display● Shanghai Composite hits 6-week low amid liquidity concerns● Sterling holds above $1.24 as traders ponder Brexit implications● Dollar index above 100 as euro softens on ECB report● Oil prices add to Wednesday’s 2.1 per cent gain and gold dips——————- Hot topic Traders are keeping a wary eye on the action […]

Europe became the main target for cross-border dealmaking in the first quarter of 2017, as US companies rode a Donald Trump-fuelled equity rally to hunt for bargains across the Atlantic. Mergers and acquisitions in Europe hit $215.3bn in the quarter, up 16 per cent compared to the same period a year ago. That marks the strongest start to the year for deals in the region since 2008, […]

The sleep revolution is not going to stop at the U.S. border. Now a few months out from its November debut, Arianna Huffington’s wellness startup, Thrive Global, is hiring additional journalists and preparing to expand to Italy, India and Eastern Europe. The expansions, joint ventures with Gruppo Espresso, The Times of India and The Antenna Group, respectively, fit into a strategy to “chronicle the culture shift around […]

● Zhang Feng, Chief Engineer, Ministry of Industry and Information Technology of the People’s Republic of China (MIIT), delivers keynote address at Global Manufacturing and Industrialisation Summit 29 March 2017● Zhang Feng, Chief Engineer, Ministry of Industry and Information Technology of the People’s Republic of China (MIIT), delivers keynote address at Global Manufacturing and Industrialisation Summit Abu Dhabi, UAE – Day one of the Global Manufacturing and […]

The White House has not abandoned hope that Congress could make another effort to pass healthcare legislation that Trump administration officials believe would ease resistance to enacting tax reform. President Donald Trump signalled last week that he would switch focus after Republican leaders in the House cancelled a vote to replace the Obamacare law because of disagreements inside their party. But the White House is making another […]

Oman is most likely to face a “forced currency devaluation” in coming years due weak oil prices and low financial buffers, according to a new report. In its report issued on Wednesday, BMI Research, a Fitch Group Company, said that the “probability of such a move is rising.” Oman’s crude oil price have declined to $45.9 per barrel driven by weakness in global energy markets since early-2017, […]

29 March 2017 Under the patronage of H.E. Sheikh Al Fadhil Bin Mohammed Al Harthy, Secretary General of the Council of Ministers, the first edition of Smart Cities Summit was launched on Tuesday at Oman Convention and Exhibition Center in the presence of a number of excellences, high officials and diplomats. The summit was attended by delegations from Dubai, Qatar, The Republic of Korea, KSA, USA, Belgium, […]

By Caroline Valetkevitch | NEW YORK NEW YORK A U.S. stock rally fueled by optimism President Donald Trump will boost the economy may be near its peak, according to a Reuters poll of strategists who forecast U.S. shares will gain less than 3 percent between now and year-end. The run up since the Nov. 8 U.S. election has left the S&P 500 .SPX at levels many consider […]

Bank supports initiative by enabling the installation of Qindeel’s book collection kiosks at branches 29 March 2017 Dubai – Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has partnered with Qindeel Printing, Publishing, and Distribution, a subsidiary of the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF), to promote literacy inclusion worldwide. The partnership follows the announcement of March as the dedicated month […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Donald Trump is temporary ratings gold, which is either evidence of renewed civic engagement or merely the decline of Western civilization. Variety reports that Fox News “finished far and above its competition in the ratings for the first quarter of […]

Bloomberg suffered its second-ever drop in the number of ubiquitous terminals dotting global trading desks as it fell victim to cost cutting by the finance industry. The number of Bloomberg’s distinctive black terminals, used daily by bankers, traders and money managers, fell by 3,145 last year to just under 324,500, down nearly 1 per cent from 2015, according to a report on Tuesday from Burton-Taylor International, one […]

After nine months’ gestation, the Brexit process has started. Both sides of the referendum have political points; Brexiters can say the UK economy is growing and there has been no market implosion, while Remainers can say UK assets have drastically underperformed the rest of the world, and the costs of the historic sterling devaluation are yet to be counted. Now, it is time to work out what […]

Chinese social media company Tencent has purchased a 5 percent stake in Tesla for $1.78 billion, providing a boost to the company as it prepares for the launch of the Model 3 mass-market electric vehicle. The shares of Tesla increased by 2.7 percent to $277.45 upon the announcement of Tencent’s investment, with the company now close to overthrowing Ford as the second most valuable automobile company in the […]

HE Khalifa Al Mansouri, Undersecretary of the Abu Dhabi Department of Economic Development, delivers welcome note on day one of the Global Manufacturing and Industrialisation Summit Global Manufacturing and Industrialisation Summit held at the Paris-Sorbonne in Abu Dhabi from March 27-30, 2017 Abu Dhabi, UAE, March 28, 2017 HE Khalifa bin Salem Al Mansouri, Undersecretary of the Abu Dhabi Department of Economic Development (ADDED), said that […]

The United States Department of Commerce’s Bureau of Industry and Security has removed Chinese telecommunications technology solutions provider ZTE from its trading blacklist following the company pleading guilty to illegally exporting products to Iran. “Upon recommendation by BIS, the company and ZTE Kangxun Telecommunications Ltd will be removed from the Entity List on 29 March 2017 (United States time),” ZTE said in a statement [PDF] to the […]

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Just in:
CPI, CPM dispute portrayal of Vayalar uprising leaders // Use Of Nuclear Weapons Against Iran Could Trigger A Global Chain Reaction // ONYX Hospitality Group Expands Strategic Partnerships through ONYX Rewards // Altman ranks UAE ahead on artificial intelligence adoption // America On Edge: November 3 Mid Term Polls Outcome May Weaken Trump // ADIPEC leaders urge investment in global energy networks // Democrats secure Senate majority after Republican election losses // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // Varsity jobs face quota questions // Winners and losers if a blue wave sweeps US Congress // Bridge Data Centres Appoints New Co-Chief Executive Officer // Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium // mamun raises US$3 million to finance cross-border trade between the Gulf and Asia // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // Bank99 launches business accounts through Austrian postal network // Wired earphones regain buyers as 2016 nostalgia spreads // Probe ordered into new bar licences // Binance SAFU bitcoin holdings halve after security breach // Arrow Electronics showcases technologies advancing intelligent robotics, mobility and digital infrastructure // Vingroup And Legends Global Announce Strategic Partnership For VinFast – Trong Dong Stadium //