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Soy food products are usually considered as a healthy intake. However, previous studies suggested that the intake of soy products enables the escalation of breast cancer in women. It occurs due to the availability of oestrogen-like properties in the soy products. Contrary to the earlier reports, a new study which was conducted reveals that a component of soy-based product known as isoflavones is capable of slowing the […]

Most entrepreneurs occasionally face unfavourable circumstances, from underperforming staff or chronic complaining customers to difficult economic conditions, mounting fees, and other often unforeseen hassles. However, there are outlier entrepreneurs, those whose decisions to persevere greatly outnumber the impediments they encounter. “I was stubborn. I had been dreaming about that project forever. I didn’t want to give up,” says Ziad Kamel, founder of Couqley UAE, a French bistro […]

06 March 2017 Etihad Airways, the national airline of the United Arab Emirates, has continued to make improvements in the fuel efficiency of its fleet, resulting in substantial reductions in carbon dioxide emissions and reinforcing the sustainability credentials of the airline. The airline’s dedicated fuel efficiency team drove numerous initiatives across all operational functions of the business, saving over 60,000 tonnes of fuel. This 2.5% improvement during […]

BEIJING China’s defence budget will rise 7 percent in 2017, to 1.044 trillion yuan ($151.43 billion), state media said on Monday, after the omission of exact figures from an annual report sparked questions over transparency on military spending. The budget increase, a figure that is closely watched around the world for clues to China’s strategic intentions, is the smallest in more than a decade, as economic growth […]

TOKYO U.S. stock futures dropped and Asian shares were on the defensive on Monday as investors weighed the near-certain prospect of an interest rate hike in the United States this month against news of slower growth in China this year. Risk appetite also took a hit on rising geopolitical tensions in East Asia, as North Korea fired four ballistic missiles early in the day, while a spat […]

NEW YORK Snap Inc’s (SNAP.N) share price looks overvalued following a surge in the wake of its much-anticipated initial public offering last week, according to an article in Barron’s. Shares of the messaging app company closed at $27.09 on Friday, well above its IPO price of $17 per share set on Wednesday. The owner of Snapchat, an app popular with young people for its disappearing messages, raised […]

· Tasdeer showcased 20 Qatari food and beverage sector companies at Dubai World Trade Center from 26 February – 2 March 2017 · Food and beverage industry valued at more than USD $5 trillion globally, according to estimates · Expo attracted key businessmen, decision-makers and investors from agri-food industry from across the world 05 March 2017· Tasdeer showcased 20 Qatari food and beverage sector companies […]

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By Balazs Koranyi | FRANKFURT FRANKFURT Two of the world’s biggest central banks are likely to find themselves with a bigger policy gap by the end of the coming fortnight The European Central Bank on Thursday will resist calls to start tightening policy against surging inflation but robust U.S. jobs data on Friday could seal the case for another Federal Reserve hike the week after. So, let’s […]

– Issuance is a Call to Kuwaiti Corporates to take Advantage of Sukuk for Financing Projects – 7-Fold Oversubscription evidence for EQUATE’s robust position, Sukuk Importance 05 March 2017 Kuwait – Chief Executive Officer -KFH Capital, affiliated to Kuwait Finance House Group, Abdulaziz Nasser Al-Marzouq said that KFH Capital acted as a global coordinator and book runner for EQUATE SUKUK SPC Limited’s (“EQUATE SPC”) in […]

As part of the previously previewed “Two Sessions” which started on Sunday, Chinese Premier Li Keqiang on Sunday delivered the annual report on the work of the government in Beijing, summarizing the country’s achievements in the past year, and setting goals for this year. In his policy speech, lasting 97 minutes and 18,600 Chinese characters, Li signaled a course adjustment for the world’s second-largest economy and some […]

China’s banking system has surpassed the eurozone’s to become the world’s largest by assets, a sign both of the country’s increased influence in world finance and its reliance on debt to drive growth since the global financial crisis. While China’s gross domestic product surpassed the EU’s economic bloc in 2011 at market exchange rates, its banking system did not take over the top spot until the end […]

China has lowered its annual economic growth target to “around” 6.5 per cent, as Beijing plans to focus on risk control in the final year of President Xi Jinping’s first term.  The figure, down from the government’s target growth range of 6.5 to 7 per cent for 2016, was revealed on Sunday morning by Premier Li Keqiang in his annual “work report” to China’s parliament, the National […]

Ras Al Khaimah has continued to outperform the wider UAE and regional tourism markets, according to real estate consultancy firm CBRE. Its latest Ras Al Khaimah MarketView report noted that the emirate’s hospitality market soared last year by recording a 10.9 percent increase in full year visitor arrivals and a 9.8 percent growth in the average occupancy rate, taking the annual occupancy to 71 percent. According to […]

HP Inc’s new Customer Welcome Centre in London. Image: HP Inc/Jonny Back Photography George Brasher is a 26-year HP veteran who has worked in a variety of roles in the company’s printer and PC divisions over the years and is now HP Inc’s managing director for the UK and Ireland. ZDNet caught up with him at the company’s brand-new million-pound Customer Welcome Centre (CWC) in London, to […]

Via Nicholas Eberstadt of CommentaryMagazine.com, On the morning of November 9, 2016, America’s elite—its talking and deciding classes—woke up to a country they did not know. To most privileged and well-educated Americans, especially those living in its bicoastal bastions, the election of Donald Trump had been a thing almost impossible even to imagine. What sort of country would go and elect someone like Trump as president? Certainly not […]

By Kevin Yao and Xiaochong Zhang | BEIJING BEIJING China has cut its growth target this year as the world’s second-largest economy pushes through painful reforms to address a build-up in debt and strives to keep a lid on risks in its financial sector. China aims to expand its economy by around 6.5 percent in 2017, Premier Li Keqiang said at the opening of the annual meeting […]

04 March 2017 Bahrain – Investcorp, a global provider and manager of alternative investment products, today announced the completion of its acquisition and integration of the debt management business of 3i (“3iDM”) from 3i Group plc. The business, now recognized as Investcorp Credit Management (“ICM”), adds $11 billion of assets under management, bringing the total to approximately $21.4 billion. Investcorp Credit Management is a leading global credit […]

BERLIN Deutsche Boerse (DB1Gn.DE) Chairman Joachim Faber has put the blame for a failed tie-up with the London Stock Exchange (LSE.L) on Britain and its vote to leave the European Union. The London Stock Exchange last week effectively scuppered a planned merger with Deutsche Boerse to create Europe’s biggest exchange, by rejecting an EU demand to sell a trading platform in Italy. Faber, who chairs Deutsche Boerse’s […]

Bait Al Kandora, the Dubai-based menswear clothing designer, has announced an agreement with HBS Investment to sell it a 25 percent stake, thus becoming the second largest shareholder. The agreement comes after Bait Al Kandora opened four branches in the city and plans to expand further, a statement said. HBS Investment is supported by Al Shamsi Holdings which was established in 2000, and focuses on fashion retail […]

The calendar may have only just flipped into March, but it has already felt like a long year for dollar bulls. They have been frustrated with the wait for detail from Donald Trump on the proposed tax and fiscal policies that started their run at his election in November. It is a rally that has faded in 2017, with the US currency down 0.25 per cent this […]

Emerging markets had a third month of strong inflows into their equities and bonds in February, in a further sign of reviving optimism over an asset class that was expected to be caught in the crosshairs of any US move to protectionism. There were cross-border flows to EM assets of more than $17bn in the month, up from just over $14bn in January, data from the Institute […]

There were no surprises in Yellen’s speech in Chicago on Friday in which the Fed chair confirmed the sudden and dramatic hawkish turn hinted at earlier in the week by Dudley and Williams, and which sent March rate hike odds from the low 30s to nearly 100% in the span of days. According to Yellen, the FOMC would “evaluate whether employment and inflation are continuing to evolve […]

04 March 2017 MARC has affirmed its ratings of A and BBB on special purpose vehicle RCE Advance Sdn Bhd’s (RCEA) outstanding RM5 million Class B and RM10 million Class C notes under the RM420 million Fixed Rate Medium-Term Notes (MTN) Programme respectively. The outlook on the ratings is stable. There is currently no outstanding Class A notes under the programme upon the repayment of RM5 million on November 15, 2016. The rating […]

Investors have poured nearly $80bn into US equity funds since November’s election as optimism over the new administration’s pro-growth agenda received a boost after President Donald Trump addressed Congress this week. Funds invested in US stocks counted $6.7bn of additions in the week to March 1, lifting flows since November 8 to $79.4bn, according to data from EPFR. The inflows have partially reversed a near constant exodus […]

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