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5841 - 5850 from 16547 . In "BUSINESS"
BP and Shell take top spot on opposite ends in oil & gas sector
LONDON — Oil majors BP and Shell have occupied the top spots on opposite ends of Rystad Energy's new M&A ranking for the oil and gas sector, Rigzone reported.Released on Thursday, the ranking highlights the share of resources traded globally from 2015 through July 2019. According to the analysis, BP has seen the most resource growth from M&A across all supply segments, adding nearly 6.5 billion barrels of oil equivalent (boe). On the sell side, Shell tops the list “by a wide margin”, Rystad noted.Shell has shed almost 11 billion boe since 2015, excluding the effect of the company’s 2015 acquisition of BG Group, Rystad highlighted.“The majority of BP’s shale and tight oil resource growth in recent years was attained through the acquisition of BHP’s upstream assets in the...
October 05, 2019

BP and Shell take top spot on opposite ends in oil & gas sector

Khalifa Almazrouei
World Road Congress ‘19 starts today in Abu Dhabi
ABU DHABI — A series of key infrastructure improvements to transform the future of transport in Abu Dhabi will be outlined by the Department of Transport – Abu Dhabi (DoT) before a global audience at the World Road Congress Abu Dhabi 2019.Thousands of road transport professionals will be offered an insight into how Abu Dhabi has built a world-class infrastructure as well as preparing for the future when the UAE capital hosts the World Road Congress (WRC) starting today until Oct. 10.Khalifa Almazrouei, Undersecretary of Department of Transport, said: “The Department of Transport - Abu Dhabi has ambitious plans to build, operate and maintain an excellent quality of our infrastructure and introducing new modes of transport that it will make it easier than ever before to travel around...
October 05, 2019

World Road Congress ‘19 starts today in Abu Dhabi

Product range
Exceptional PD chargers from Anker gain popularity
DUBAI — Anker Innovations’ PD chargers that can be used to power a wide variety of different devices are gaining popularity as they are designed to deliver the fastest possible charging speed at the shortest time to any USB-C or Lightning devices that support Power Delivery.Faraz Mehdi, Regional Sales Head at Anker Innovations MEA, said “Anker’s world class innovations are reflected in its products. Unlike most PD chargers that are optimized for just one device, Anker accessories cater to multiple devices without compromising on the speed of charging. If your phone takes near 3 hours for a full charge, then you need an Anker charger and cable for a more efficient charge.”Proven to be faster than inbox chargers, Anker has incorporated the PD Technology in wall chargers, cables,...
October 05, 2019

Exceptional PD chargers from Anker gain popularity

World Tourism
Ethiopia to host WTF Global Meeting 2020
ADDIS ABABA — Ethiopia will host the World Tourism Forum (WTF) Global Meeting in 2020. Prime Minister of Ethiopia hosted Forum President Bulut Bağcı and his accompanying delegation.The London-based World Tourism Forum delegation held several meetings in Addis Ababa and visited Prime Minister of Ethiopia at Prime Minister’s office. World Tourism Forum delegation headed by the President Bulut Bağcı was hosted by Prime Minister of Ethiopia, Abiy Ahmed.Abiy Ahmed said during the meeting that Ethiopia government has made every effort to promote tourism in the country. Ahmed also gave information about tourism investments in the country.During the meeting, it was decided that the World Tourism Forum Global Meeting 2020 will be held in Ethiopia with the participation of over 2,500 foreign...
October 05, 2019

Ethiopia to host WTF Global Meeting 2020

Nick Jheng
Synology showcases its NAS, multimedia and video solutions at GITEX
DUBAI —Synology Inc. announced its participation at GITEX Technology Week 2019 at the Dubai World Trade Center. Synology will be showcasing its latest product innovations and solutions across three stations, which include storage foundation and digital workplace, smart surveillance solutions, and multimedia and networking for home."Synology is happy to announce our participation in GITEX Technology Week 2019 once again this year. It is a perfect platform for us to showcase our best-in-class innovations in Network Attached Storage (NAS), enterprise data protection, file sharing, and file syncing solutions as well as smart surveillance solutions to a niche audience attending the region’s largest technology exhibition from across the globe,” said Nick Jheng, Regional Manager of...
October 05, 2019

Synology showcases its NAS, multimedia and video solutions at GITEX

SNYY9672
GITEX Technology Week kicks off today showcasing solutions that drive growth
DUBAI – GITEX Technology Week 2019 kicks off today at the Dubai World Trade Centre. The region’s biggest tech trade show that features home-grown innovations aside from international brands, will conclude on Oct. 10.Dubai Internet City (DIC), the Middle East’s leading technology business community, is exhibiting several immersive and cutting-edge solutions from its business partners. Its participation is testimony to its vision to contribute towards Dubai’s technological growth and evolution.Under the theme of ‘Home to Great Ideas’, DIC is set to demonstrate how the community has fostered cross-collaboration and knowledge sharing; empowered start-ups through upskilling and incubation initiatives; attracted top talent; and facilitated the ideation and spread of technologies that...
October 05, 2019

GITEX Technology Week kicks off today showcasing solutions that drive growth

Peyman Al Awadhi
DIFC focuses on digital transformation to boost connectivity
DUBAI — Dubai International Financial Centre, the leading financial hub in the Middle East, Africa, and South Asia (MEASA) region, is continuing to prioritize digital adoption and transformation to enhance connectivity and accessibility in and around the financial hub. The new introductions to the infrastructure will further enable ease of doing business to and from the center, demonstrating DIFC’s understanding of the need to provide even greater convenience for the companies based in the center.A core component of the transformation will be the launch of next-generation Wi-Fi 6 in partnership with Huawei on Nov. 1, 2019, offering the fastest WLAN technology to date. The new solution will be deployed across the public areas in the DIFC, reinforcing the Centre’s position as the most...
October 05, 2019

DIFC focuses on digital transformation to boost connectivity

This combination of file pictures created on Dec. 21, 2017 shows the Boeing logo on the fuselage of a Boeing 787-10 Dreamliner test plane presented on the tarmac of Le Bourget airport near Paris on June 18, 2017, and the logo of Brazil's aircraft manufacturer Embraer also taken at Le Bourget airport, on June 23, 2013. — AFP
EU opens probe into Boeing tie-ups with Brazil's Embraer
BRUSSELS — The EU said on Friday it has opened an "in-depth investigation" into plans by US aviation giant Boeing to form joint ventures with the world's number three planemaker, Brazil's Embraer, citing competition concerns.The European Commission is "concerned that the proposed transaction may remove Embraer as the third largest global competitor in the already highly concentrated commercial aircraft industry," it said in a statement.The move by European competition authorities risked aggravating already tense US-EU commercial ties.Europe is preparing its response to billions of dollars' worth of tariffs Washington is looking to slap on its goods after the WTO gave it the go-ahead to retaliate for illegal subsidies to Boeing's rival Airbus.US...
October 04, 2019

EU opens probe into Boeing tie-ups with Brazil's Embraer

Job hunters wait to speak with Amazon recruiters at an Amazon Career Day event, where recruiters help candidates build interview skills, prepare them for job interviews and give them more information on the roles within the company, at Crystal City in Arlington, Virginia, in this Sept. 17, 2019 file photo. — AFP
US unemployment falls to 50-year low of 3.5% in September
WASHINGTON — America's jobless rate tumbled in September to its lowest level in 50 years, according to government data released on Friday, delighting the White House even though it may not assuage recession fears as President Donald Trump's trade wars persist.Meanwhile, with a strong dollar and slowing global economy, the US trade deficit widened in August, as the trade conflicts ate into export growth.Trump immediately cheered the good jobs data, claiming his economic record should shield him from efforts to impeach him, and shortly after said a trade deal with China was possible soon.But there was less-than-stellar news as well: the pace of job creation was the slowest in four months and wages fell, while the manufacturing workforce also shrank for the second time this...
October 04, 2019

US unemployment falls to 50-year low of 3.5% in September

Aircraft from Britain's third largest tour operator, XL Leisure Group, which operates XL Airways are seen parked on the tarmac at Manchester Airport in Manchester, north-west England, in this Sept. 12, 2008 file photo. — AFP
French court orders closure of XL Airways
BOBIGNY, France — A French court on Friday ordered the closure of long haul low cost airline XL Airways after it declared insolvency, the second carrier in France within a month to be wound up.The commercial court in Bobigny outside Paris rejected the sole offer for the carrier and ordered that it be placed in judicial liquidation. Its 570 staff will now lose their jobs.XL Airways had on September 30 halted all flights and had struggled to attract bids after being placed into receivership. Flag carrier Air France, which dominates the French market, said it was not interested.XL operates four Airbus jets serving mainly cities in North America, and some destinations in China, and had around 730,000 passengers last year.Its chief executive Laurent Magnin blamed in particular competition...
October 04, 2019

French court orders closure of XL Airways

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