Last month, Verizon chief financial officer Matt Ellis said the company didn’t feel like it needed an unlimited plan to compete with AT&T, T-Mobile and Sprint, but “we continually monitor the market and we will see where we head in the future.” The future appears to be today as Verizon on Sunday outlined plans for an unlimited plan dubbed Verizon Unlimited. Verizon Unlimited provides video streaming, mobile […]
Photo Prime Minister Benjamin Netanyahu of Israel said on Sunday that he and President Trump “have known each other for years.” Credit Pool photo by Gali Tibbon JERUSALEM — As President Trump appeared to shift closer to the political center on several contentious policies on Israel, Prime Minister Benjamin Netanyahu suggested on Sunday that it was unrealistic to expect their two countries to agree completely on all […]
When investors last month thumbed through the voluminous marketing materials from Blue Nile, the US online jeweller being taken private by Bain Capital, a few numbers — and footnotes — stood out. Blue Nile was seeking to raise $180m of debt to fund the $500m private equity takeover. By one measure, Blue Nile’s debtrepresented roughly four times its adjusted earnings before interest, taxes, depreciation and amortisation of […]
UK-based Liberty House Group on Sunday said it will agreement Tata Steel UK’s speciality steels business for $125 million (AED458 million). The deal secures the future of around 1,700 jobs directly, and thousands more in the supply chain and regional economy, a company statement said. In an exclusive interview published in Arabian Business on Sunday, Sanjeev Gupta, executive chairman, Liberty House Group said he was “very close” […]
Nearly one year ago today, the LIGO Collaboration announced the detection of gravitational waves, once again confirming Einstein’s theory of General Relativity. This important discovery by the Advanced Laser Interferometer Gravitational-Wave Observatory (aLIGO) has spurred great interest in improving these advanced optical detectors. The mission of gravitational wave scientists worldwide is to make gravitational wave detection a routine occurrence. Scientists from the institute that developed the lasers […]
AMMAN Syria’s main opposition body on Sunday approved a new delegation to take part in Geneva peace talks later this month, which include Russian-backed blocs that have been critical of the armed insurgency against President Bashar al-Assad. The High Negotiation Committee, (HNC) the main umbrella group, said in a statement after two-days of meetings in the Saudi capital, Riyadh, that the new 21-member negotiating team included members […]
Yahoo News Two arrested at Panama Papers firmYahoo NewsIf you want to pay for skylights, marble floors, a not so small army of underpaid employees, and at least one bogus fee that’s named after the owner’s dog, buy your next not-so-cheap used car at a new car dealership. New car dealer prices are sky high … and more » (via Google News)
Manny Pacquiao will have his next fight in the UAE, the boxer confirmed on social media. The eight-division world champion has previously held talks about having a bout hosted in the UAE, and now it looks like it will finally happen in Abu Dhabi, despite mixed messages in the media. The fight, which will be against Australian fighter Jeff Horn, was due to take place at Suncorp […]
Sarah Tew iPad sales are awful. Truly awful, and while CEO Tim Cook might be bullish about the tablet’s future, Apple desperately needs to do something to turn sales around if it’s going to come off life support. Must read: Does your iPhone have a battery drain problem? “We’ve got some exciting things coming on iPad,” Cook said during Apple’s last financial conference call, “and I’m optimistic […]
As Comcast last year conducted secret talks about a potential acquisition of DreamWorks Animation, five Chinese investors — including an elderly couple in Beijing — acquired an enormous stake in the storytelling studio. Over a three-week period ending on April 25, those five accounts purchased more than 2.1m DreamWorks shares, amounting to nearly 17 per cent of all trading in the stock, according to the Securities and […]
Here are the big questions facing investors ahead of a new trading week. How long does a reprieve for French bonds last? After a burst of selling early last week, French debt was granted a reprieve with the 10-year benchmark yield easing back below 1.10 per cent. In turn, the divergence over 10-year Bund yields also pulled back from a four-year plus high. Traders remain nervous after […]
If the new proposal is approved next Wednesday, Munich employees’ desktops will be running Windows 10 by the end of 2020. Image: Getty Images/iStockphoto Munich’s city authority is a step closer to moving thousands of council computers from Linux to Windows, in a reversal of one of open-source software’s marquee successes. The authority’s administrative and personnel committee this week made a long-awaited recommendation for the reorganization of […]
BAGHDAD: Two rockets landed in Baghdad’s highly fortified Green Zone on Saturday night following clashes at anti-government protests that left five dead, according to Iraqi security and hospital officials.The rocket attack left no casualties as the munitions landed on the parade grounds in the center of the highly fortified Baghdad compound that is home to Iraq’s government and most foreign embassies. It was not immediately clear who […]
It is time to disabuse our minds of the old notion that West Nile virus (WNV) epidemics spread in “most ideal temperatures of transmission”. A new study suggests otherwise — West Nile virus transmission is higher during drought. The study, published in Proceedings of the Royal Society B on Feb. 8, found out that drought is the key driver in the increased intensity of the WNV epidemics in the […]
Do you think camels are only useful for crossing the sand dunes – or as photo opportunities for tourists? Think again. Camels have always offered much more to Arab society than simply a means of transport. They also provided their owners with meat, milk, clothes and more besides – and many of these other uses for “Bedu’s best friend” are increasingly coming back into fashion. With the […]
Photo Residents walked through the destruction in eastern Aleppo last month, after it was brought back under the control of government forces. Credit Hassan Ammar/Associated Press President Bashar al-Assad of Syria suggested in an interview published Friday that he could foresee cooperation with the Trump administration and might even countenance the deployment of American soldiers in the country one day. The remarks by Mr. Assad appeared to […]
If you want to check the pulse of the mining sector one of the best places to go is the Mining Indaba in Cape Town. For this year’s annual gathering, with the sector in a far better place than it was 12 months ago when the mining industry was wallowing in debt, many executives, bankers and government officials may have been looking forward to some warm weather […]
Microsoft is continuing to beef up its security offerings across Windows 10, SQL Server, Office, and Azure and is using next week’s RSA conference to highlight its latest incremental updates. Windows Hello, Microsoft’s authentication service meant to replace passwords, already works with Azure Active Directory and Azure Active Directory Connect. With the Windows 10 Creators Update, users also will be able to use Windows Hello in on-premises […]
PNC Menon is a busy man — it takes several months to lock an interview into his diary. But on the day of our meeting in Dubai, the Indian-born real estate developer exudes characteristic warmth and courtesy, refusing to allow Arabian Business to leave without a bowl of Middle Eastern halva and repeatedly asking whether we have enough milk in our tea. A long-term UAE resident and […]
Canceling cash was just the beginning. An article in Wednesday’s Wall Street Journal takes a look inside the next phase in India’s war on the underground economy. After Prime Minister Narendra Modi forced his countrymen to turn in their high-value rupee bills late last year, tax sleuths are now sifting through records of millions of bank deposits to see who might have brought in cash that was […]
DUBAI Compliance with a global supply cut deal by OPEC and non-OPEC oil producers has been high in January and that level of commitment is expected to improve over the next months, the United Arab Emirates Energy Minister said on Sunday. “The first month I see the commitment around OPEC has been there from the various independent sources. The level of commitment is high and we are […]
One day after vowing to pursue a courtroom battle over his controversial travel ban, President Donald Trump on Friday said he may rewrite the executive order that threw the nation’s airports into chaos. The president told reporters travelling with him aboard Air Force One that he was considering a new order to address objections raised in several legal challenges. Mr Trump offered no details of potential changes […]
The Louisiana State Police never did tell White what happened to his son. He learned of their account through a news release posted online that evening, March 3, 2014. The police said that Victor White III, while detained in the back seat of a locked police car, his hands shackled behind his back, had committed suicide by shooting himself in the back with a handgun that an […]
12 February 2017 Dubai, United Arab Emirates – Marsh & McLennan Companies Inc. (NYSE: MMC), a global professional services firm offering clients advice and solutions in risk, strategy and people, is a strategic partner of the newly published 2017 Global Risks Report, an annual publication released by the World Economic Forum at Davos. This year’s 2017 Global Risks Report reveals that economic inequality, societal polarisation and intensifying […]
