Archive / Lead News - 2021
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Hiring fraud! The 'talented' Mr Ripleys plaguing India Inc Read more at: https://economictimes.indiatimes.com/jobs/hiring-fraud-the-talented-mr-ripleys-plaguing-india-inc/articleshow/88484504.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=Executives at a Bengaluru-based, mid-tier IT company were wondering why the coder they had recently hired refused to join video calls. The project lead thought...This US Tech Company Has a Natural Replacement for Synthetic FabricMost of the clothing products used in athletic sportswear rely on synthetic fabrics which are fundamentally plastic. When these clothes are washed, microplastics from these...Truetzschler takes over combing business from ToyotaToyota Industry Corporation, Japan, and Trützschler, Germany, had started a successful cooperation with a joint development of a new combing machine in 2010 – the...Apple puts India iPhone plant 'on probation' after mass food poisoningApple said Wednesday it has put the Indian plant of its main supplier "on probation" after a mass food poisoning and protests over workers’ living...U.S. home prices surge 18.4% in OctoberU.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.The S&P CoreLogic Case-Shiller...American businessman promises urgent flights of potatoes to Japan to ease French fry shortageDecember 21 was a dark day in Japan, and not just because, as the winter solstice, it marked the low point of daylight hours. There...Kuwait’s Warba Bank lists $250m sukuk on Nasdaq DubaiKuwait’s Warba Bank has listed its $250 million sukuk on Nasdaq Dubai, which was 4.4 times oversubscribed by investors.The new listing is the lender's third...Tech firms may hike pay by 120% to hire, retain niche talentIndian tech firms are expected to hike salaries or counter offers by 60-120% next year to attract and retain talent with niche technology skills, according...Britain faces cost-of-living ‘catastrophe’ in 2022British households are facing “the year of the squeeze” in 2022 as soaring energy bills, rising taxes and high inflation eat into incomes, according to...China pursues tech 'self-reliance,' fueling global uneaseTo help make China a self-reliant “technology superpower,” the ruling Communist Party is pushing the world's biggest e-commerce company to take on the tricky, expensive...Lebanon’s prime minister backs central bank governor despite corruption probesLebanon’s Prime Minister Najib Mikati said on Tuesday that central bank governor Riad Salameh should remain in position for now, signalling continued political backing for...Asian shares mostly slip amid lingering Omicron worriesAsian shares mostly slipped Wednesday, as worries lingered about the coronavirus Omicron variant's potential damage to the regional economy following mixed cues from Wall Street.Japan's...Shark antibody-like proteins neutralize COVID-19 virus, help prepare for future coronavirusesThe new VNARs will not be immediately available as a treatment in people, but they can help prepare for future coronavirus outbreaks. The shark VNARs...The sacred historic Trans Bhutan hiking trail is all set to reopen after 60 years!The Kingdom of Bhutan is all set to reopen its famous and sacred Trans Bhutan Trail to travellers after 60 years! The 400 km long...Top 10 cyber crime trends to watch for in 2022Global cyber crime costs are expected to increase by nearly 15 per cent on a yearly basis over the next four years to reach $10.5...New Maine law targets chemicals in food packagingA new law will go into effect on Jan. 1 that would prohibit the use of chemicals, known as phthalates, in food and beverage packaging...Amazon's India rival Snapdeal reports higher sales ahead of IPO next yearSnapdeal, the Indian e-commerce start-up backed by SoftBank Group, filed preliminary documents for an initial public offering, adding to the rush of tech companies looking...Avoid these mistakes when purchasing commercial kitchen equipmentEquipment in the commercial kitchen not only serves to help you provide food to your customers but is also a long-term investment that factors into...London's West End suffers 44% drop in Boxing Day shoppers amid Omicron surgeThe number of people shopping during Boxing Day sales in London’s West End plummeted this year, as many chose to avoid the city centre amid...Stocks making the biggest moves premarket: GoDaddy, Apple, Cigna and othersAirline stocks – The major carriers saw their shares fall in the premarket after a surge in weekend cancellations due to staffing issues. United Airlines...Tesla disables gaming while driving featureTesla has agreed to make changes to its Passenger Play feature that allowed games to be played on its touchscreen while the car is in...Social media app Parler plans NFT expansion to cash in on digital assetsSocial media platform Parler said on Monday it will expand its business into non-fungible tokens, in a move that underpins the rapid growth of the...Can a dangerous microbe offer a new way to silence pain?Now the findings of a new study suggest the dreaded microbe also has unexpected beneficial potential -- one of its toxins can silence multiple types...Ascott Residence Trust doubles its student accommodation assets with US$213m. acquisition of four properties in USAAscott Residence Trust (ART) will acquire four student accommodation assets in the USA for US$213.0 million (S$291.2 million). The four assets have a total of...Chinese tech giant Baidu tests metaverse waters with new appChinese tech giant Baidu on Monday took its first steps into the metaverse industry with the launch of a virtual reality app, looking to test...About 72% of CEOs worried about losing their jobs in 2022The C-suite is a bundle of nerves this winter. A new survey shows that 72 per cent of chief executives are worried about losing their...Asian shares mixed as Omicron worries crimp market optimismAsian shares rose Tuesday, although optimism set off by a rally on Wall Street was dampened by concerns over the potential impact of the omicron...ECI and Emirates NBD sign pact to boost financing access for small enterprisesEtihad Credit Insurance (ECI), the UAE Federal export credit agency, signed a preliminary agreement with Emirates NBD and Crediti Fintech, for the implementation of the...Energy prices: Government must show more urgency, says Ovo bossOvo's boss Stephen Fitzpatrick predicts the rise in wholesale gas prices and its impact on people will be "an enormous crisis for 2022". The business...Sunny days await job seekers as economic recovery hopes energise cosBetter days are ahead for job seekers as companies are projecting a positive outlook on business revenue riding high on post pandemic economic recovery and...Netlicks? 'The TV screen you can taste’A prototype "lickable" TV screen which can mimic food flavours has been developed by a Japanese professor, Reuters reports. Dubbed Taste-the-TV, ten canisters spray flavour...Abu Dhabi's ADGM to adopt Monday to Friday working weekAbu Dhabi Global Market will switch its working week to Monday to Friday from January 1 in line with the federal government’s move to change...Hong Kong retailers forge new path without mainland Chinese touristsThree years of democracy protests followed by a pandemic have devastated Hong Kong retailers who had grown used to relying on cash from mainland Chinese...NASA's Webb telescope launches to see first galaxies, distant worldsA joint effort with ESA (European Space Agency) and the Canadian Space Agency, the Webb observatory is NASA's revolutionary flagship mission to seek the light...Google, Lenovo join Consumer Electronics Show exodusGoogle, Lenovo and other big name tech firms have canceled plans to attend next month's Consumer Electronics Show in Las Vegas, joining an exodus fueled...UAE Central Bank fines an exchange house for compliance failureThe Central Bank of the UAE has fined an exchange house for failing to achieve the appropriate levels of compliance with anti-money laundering regulations.The banking...COVID-19 variant disrupts holiday travel but not shopping in U.S.The latest COVID-19 variant is upending holiday plans for tens of thousands of travelers — but it didn’t do much damage to holiday shopping.Airlines canceled...Suntory develops plastic bottle made entirely of plant materialSuntory Holdings Ltd. said it has created a plastic bottle made entirely from plant-derived material and will soon make commercial use of the eco-friendly product.The...Omicron impact immediate and substantial for Europe’s airportsEuropean airport trade body, ACI Europe, released preliminary data on the impact of the Omicron variant on European passenger traffic, along with its full air...Russian court slaps Google, Meta with massive finesA Moscow court has slapped Google with a nearly $100 million fine and also fined Facebook’s parent company Meta $27 million over their failure to...Mena's quick-commerce market to be valued at $47bn by 2030The Middle East and North Africa region's quick-commerce market is expected to reach about $47 billion by 2030, anchored by an acceleration in the grocery...Asian stocks mixed in quiet end of year tradingMajor share benchmarks were mostly lower in Asia on Monday at the outset of the last trading week of the year as countries grappled with...Astronomers uncover largest group of rogue planets yetRogue planets are elusive cosmic objects that have masses comparable to those of the planets in our Solar System but do not orbit a star,...Space telescope launched on daring quest to behold 1st starsThe world’s largest and most powerful space telescope rocketed away Saturday on a high-stakes quest to behold light from the first stars and galaxies and...World economy to cross $100tn for the first time in 2022 amid continued recoveryThe world economic output is set to exceed the $100 trillion mark for the first time in 2021, two years ahead of the previous forecast,...Denim factory opens in US implementing Jeanologia technologyDenim Forward, Inc (DenimFWD) has launched in California, US, as a digital, on-demand production factory developed to contribute to the “return of textile production to...HSBC set to acquire India’s L&T Investment Management in $425m dealHSBC has said it will buy the investment management unit of India’s L&T Finance Holdings in the latest push to build up the Asian wealth...Lebanon needs up to $15bn to boost its economy, central bank governor saysLebanon needs to receive $12-$15 billion from its partners to kickstart its economic recovery and shore up fast-diminishing foreign currency reserves, Banque du Liban Governor...Best Laptops of 2021If you’re looking for a new laptop for school, work, or play, you’ll find lots of interesting options. Over the past few months, PC manufacturers...Homefront: ‘Is a rent-to-own scheme better than a property mortgage?'I’ve been trying hard to get on to the property ladder, but saving up for the deposit is taking longer than I thought and I...Alibaba to grow Southeast Asia e-commerce arm to $100 bilAlibaba has revealed an ambitious vision to grow its Southeast Asian e-commerce business to $100 billion in transacted sales as well as a pledge to...Asian markets bounce back from omicron sell-offsAsian shares bounced back Tuesday from a worldwide slump in financial markets spurred by worries about how badly the omicron variant, inflation and other forces...A spacecraft has 'touched' the sun for the first timeNASA's Parker Solar Probe reached the sun's extended solar atmosphere, known as the corona, and spent five hours there. The spacecraft is the first to...Gulf Air and Tourism Authority cooperate in launching a variety of tourism packagesGulf Air, the national carrier of the Kingdom of Bahrain, and the Bahrain Tourism and Exhibition Authority announced the activation of a number of unprecedented...Oracle snags Cerner in $28B mega deal to make a big move into healthcareWho says the holiday week is a slow news week? Oracle was kind enough to help tech journalists weary from working on year-end stories with...Jordan's economic recovery remains on track with continued progress on reforms, IMF saysJordan’s economic recovery programme remains on track as continued progress on reforms have helped the country maintain macroeconomic stability despite challenging circumstances, according to the...PC Displays May Get Cheaper as Sales SlowAfter five consecutive quarters of rising display sales, fuelled by a shift to work-from-home (WFH) caused by the pandemic, sales have started to decline in...How Dubai established itself as a global superyacht hubConcentrated efforts to transform Dubai into a preferred destination for yacht owners, ship charters and cruise passengers are paying off, with the emirate gearing up...Could video games bring NFTs to the masses?A year ago, NFTs were obscure virtual assets known only to tech geeks -- but as video game companies enter the growing market, industry players...Amazon postpones mobile phone ban on warehouse floors ‘until further notice’Amazon is delaying plans to ban mobile phones in its warehouses, allowing employees to keep their devices with them at work.The change follows the emergence...Asian stocks fall on concern about virus, tighter Fed policyAsian stock markets followed Wall Street lower on Monday amid concern about the coronavirus's latest variant and tighter Federal Reserve policy.Shanghai, Tokyo, Hong Kong and...Beads of glass in meteorites help scientists piece together how solar system formedEver since scientists started looking at meteorites with microscopes, they've been puzzled -- and fascinated -- by what's inside. Most meteorites are made of tiny...Why not upscale and upcycle kitchen furniture instead of replacing it?Upcycling furniture has grown in popularity in recent years. This is basically a way of giving something old and unloved, a new lease of life....Drivers playing video games? U.S. is looking into Tesla caseLast August, Vince Patton was watching a YouTube video of a Tesla owner who had made a startling observation: Tesla drivers could now play a...Philippine companies' confidence back at pre-Covid levels, but consumers more pessimisticPhilippine companies’ confidence in the economy returned to its pre-pandemic level this quarter, while households became more pessimistic, according to central bank surveys released on...Energy costs propel German producer prices almost 20% in their biggest leap in 70 yearsGerman producer prices rose by 19.2 per cent on the year in November, driven up by higher energy prices to record the biggest annual jump...The National Solar Observatory (NSO) advances knowledge of the Sun as the dominant external influence on Earth and as the local archetype of a typical star.NSO supports facilities that provide forefront observational opportunities for the solar research community, and leads construction of the Daniel K. Inouye Solar Telescope (DKIST) on...EU plan for sweeping update of Big Tech rules gains momentumThe European Union’s ambitious plan to update its pioneering internet rules gained momentum Tuesday after a key committee passed measures requiring technology companies to better...Intel to invest $7.1 bil in Malaysia chipmaking expansionIntel said it will invest 30 billion ringgit ($7.1 billion) to expand its manufacturing operation in Malaysia as chipmakers work to diversify their global supply...Asia tech conference calls off 2022 event citing virus fearsA major tech conference scheduled to take place in Hong Kong in March has been cancelled and will return in 2023, organizers said Thursday, in...Generation Start-up: How Fixerman is hoping to cash in on rising smartphone useAmid rising concerns about climate change, a Dubai-based start-up aims to expand its gadget repair business across the region but with a focus on sustainability.Fixerman...Japan trade recovers as supply chain troubles easeJapan's exports jumped 20% and imports rose at an even faster pace in November as disruptions to manufacturing supply chains eased.Preliminary trade data reported Thursday...Canada taps maple syrup reserves to meet soaring demandPancake lovers, fear not. Strong demand for maple syrup after a poor Canadian harvest has created supply-side woes, but Quebec province is tapping its strategic...Locke to expand further into Europe with two landmark openings in Germany in 2022Pioneering lifestyle aparthotel brand Locke is to expand further into Europe with two new German openings in Munich and Berlin in 2022. The opening of...Google employees to lose pay and eventually be fired if they don't get vaccinatedGoogle will suspend employees who do not comply with its Covid-19 vaccine regulations and terminate them if they continue not to comply, according to an...Work from home is here to stay with probable end to five-day office weekThere may be no going back to the five-day week in the office, a survey of workers in 25 countries has shown.Both employees and managers...Workers pressure governments worldwide to act on inflationÓscar Baños and thousands of fellow truck drivers celebrated Saturday after a threat to idle their engines pushed the Spanish government to adopt measures improving...All Nippon Helicopter takes delivery of first Airbus H160All Nippon Helicopter (ANH) has taken delivery of the first Airbus H160. The multi-role twin-engine H160 was delivered from Airbus’ helicopter facility in Kobe, where...US sanctions drone-maker DJIThe US has imposed more restrictions on Chinese drone-maker DJI and seven other Chinese companies. On Thursday, the Treasury Department put the companies on an...Oil at $100 a barrel is possible as record demand outpaces supply, says Goldman SachsOil at $100 a barrel cannot be ruled out in 2023 as supply additions are expected to be too slow to keep up with record...Synthetic tissue can repair hearts, muscles, and vocal cordsCombining knowledge of chemistry, physics, biology, and engineering, scientists from McGill University develop a biomaterial tough enough to repair the heart, muscles, and vocal cords,...Black Friday and early Christmas shopping give UK retailers pre-holiday sales boostBritish retail sales rose faster than expected last month, helped by Black Friday discounts, early Christmas shopping and no lockdown restrictions that closed many shops...COVID sparks Santa Claus shortage in U.S.Christmas is just around the corner but you may struggle to spot a Santa spreading joy in the United States this holiday season.That's because the...RVnGO trips- The best road trips everRoad trips are the best trips when you want to enjoy every bit of your travel. You can choose when, where, and at what time...Facebook says mercenary spy firms affected 48,000 peopleFacebook owner Meta is calling out half a dozen private surveillance companies for hacking or other abuses, accusing them in a report published on Thursday...Saudi Crown Prince unveils master plan and key features of Jeddah Central ProjectSaudi Arabia's Crown Prince Mohammed bin Salman on Friday unveiled the master plan and main features of the 75 billion riyal ($20bn) Jeddah Central Project,...UAE central bank to extend some support measures until June 2022The Central Bank of the UAE is extending support measures aimed at helping lenders mitigate the effects of the Covid-19 pandemic by six months until...UAE property prices set to rise in 2022 amid government initiatives, experts sayUAE property prices are set to continue rising in 2022, driven by supportive economic reforms and an accelerated vaccination programme that has helped to hasten...Major outage at Amazon disrupts businesses across the U.S.A major outage in Amazon's cloud computing network Tuesday severely disrupted services at a wide range of U.S. companies for more than five hours, the...Why global tech turns to Indian talentTwitter's new CEO Parag Agrawal is the latest alumnus of India's prestigious technical universities appointed to head a multi-billion-dollar U.S. tech firm, and Shivani Nandgaonkar...'Your doctor is in:' Physicians test humanoid robot for eldercareBeyond Imagination, in conjunction with Dr. David Wensel at TRU PACE (Program of All-Inclusive Care for the Elderly) Center in Lafayette, Colorado, started the first...New agreement to combat money laundering and terrorism financing among non-profitsThe UAE’s Ministry of Community Development established a joint mechanism with the UAE Financial Intelligence Unit for the co-ordination of efforts to combat money laundering,...In a first, Starbucks workers agree to union in Buffalo, New YorkStarbucks workers at a store in Buffalo, New York, voted to unionize on Thursday, a first for the 50-year-old coffee retailer in the U.S. and...North American demand for cruises on the rise for ‘early adopters’ as travel restrictions liftThe past few weeks have seen a resurgence in cruise demand, with travelers eager to resume vacations at sea. New research from Expedia Group, in...Webb telescope aims to answer astronomy's 'biggest questions'It's been three decades in the making: the largest and most powerful telescope ever to be launched into space is finally ready to take up...2022 budget returns Saudi Arabia to surplus for first time in eight yearsSaudi Arabia expects to post its first surplus in about a decade next year, with the Arab world's largest economy forecast to expand 7.4 per...Apple tells suppliers inflation and Omicron threaten iPhone demandApple, suffering from a global supply crunch, is now confronting a different problem: slowing demand. The company has told its component suppliers that demand for...Biden calms Americans' supply chain fears as holidays approachUS President Joe Biden on Wednesday tried to assure Americans that store “shelves are going to be stocked” for the holiday shopping season and that...Money & Me: 'I'm not interested in money for the sake of a big bank account'Yunib Siddiqui, 52, is group chief executive and owner of Jones the Grocer, the Australian casual-dining brand he brought to the UAE.Born in Pakistan, Mr...Some supermarkets will not enforce mask wearingSome supermarkets have said they will not be enforcing new face mask rules brought back in after concerns about the Omicron coronavirus variant.Supermarket chain Iceland...Amazon: Union election to be rerun after claims of foul playStaff at an Amazon warehouse in Alabama will get a second chance to vote on unionisation, reigniting a fight that attracted national attention.A regional director...Energy Dome uses CO2 for long-term power storage for solar energyLonger-term energy storage is a drag, and a lot of battery tech has been focusing on “how quickly can we charge these batteries so I...Samsung’s 49-inch, 240 Hz Monitor Now $899 in Cyber Monday DealCyber Monday is here, and the tech deals continue to roll in at a furious pace. Last week, Samsung's gorgeous Odyssey G9 49-inch ultrawide gaming...Westpac: Australian bank pays out over charging dead peopleAustralian banking giant Westpac has admitted to breaking the law after it was hit with six lawsuits by regulators over its poor treatment of customers,...Elon Musk jokes about whistleblowers with new Tesla productElon Musk has made an apparent joke about whistleblowers as he promoted the latest piece of Tesla-branded merchandise. Mr Musk's tweet to his 65.1m followers...Glencore-run Australian coal mine emits methane equalling pollution from 4 million US carsJust inland of Australia's east coast, about 320 kilometres from the Great Barrier Reef, a single coal mine run by Glencore emitted so much super-warming...Facebook reverses Kyle Rittenhouse search policyFacebook has reversed a decision to block searches on its platform for a US teenager who was acquitted of killing two people during unrest in...GFH acquires US medical offices portfolio in $200m dealGFH Financial Group, an investment bank based in Bahrain, has acquired a portfolio of medical offices in the US in a deal valued at $200...VistaJet records best third quarter as private travel boomsIan Moore, VistaJet's chief commercial officer and a 20-year veteran of the private jet business, says he cannot take aircraft deliveries fast enough to meet...Rocky exoplanets are even stranger than we thoughtAn astronomer from NSF's NOIRLab has teamed up with a geologist from California State University, Fresno, to make the first estimates of rock types that...The Tuscan retreat where you can live like a FerragamoTucked into the hills of Tuscany, a small, unassuming medieval village is home to one of Italy’s most luxurious properties. Il Borro, the 1,100-hectare Relais...Six in 10 Middle East companies plan to invest in 5G networksNearly 61 per cent of companies surveyed in the Middle East plan to invest in 5G-enabled campus networks as they seek to transform their businesses...Global trade expected to grow by 23% to $28 trillion in 2021, Unctad saysGlobal trade, which was battered by the coronavirus pandemic, hit a record high in the third quarter of 2021 and is expected to rise 23...UAE at 50: How technology has revolutionised our personal financesAs the UAE celebrates its Jubilee year, the country has emerged as a leading global player in the financial services industry that has been revolutionised...Emirates Investment Authority to double the size of its assets in next 10 yearsLike most mobile phone providers, Japan’s NTT Docomo doesn’t just offer phone service and data plans. The company also has a variety of supplemental support...Asia shares slip as investors weigh Omicron economic risksAsian shares mostly slipped Tuesday as investors cautiously weighed how much damage the new Omicron coronavirus variant may unleash on the global economy. South Korea’s...The International Council for Industrial and Applied Mathematics selects The Hague for 2027 ConferenceMore than 3,500 delegates will attend The International Congress on Industrial and Applied Mathematics (ICIAM) in The Hague from 12-16 July 2027. The congress takes...Jack Dorsey steps down as Twitter CEOJack Dorsey, who stepped down as CEO of the social media giant Twitter Monday, is perhaps best known as the man who kicked former U.S....UAE's new legal reforms to usher in more FDI and support SMEs, experts sayThe new legal reforms recently announced by the UAE government are expected to help the country attract more foreign direct investment and support the growth...Japan's October jobless rate falls to 2.7% after state of emergency liftedJapan's jobless rate fell to 2.7 percent in October from the previous month as workers in the food service and accommodation sectors increased with the...Will the chip shortage create a nightmare before Christmas?Santa’s sleigh is skidding to a halt this Christmas. Thanks to the global chip shortage, coupled with a lack of HGV drivers, gaps on shelves...Robotics startup FJDynamics raises $70M to make manual labor easierFJDynamics, founded by DJI’s former chief scientist Wu Di, just closed a Series B round of $70 million as it advances its goal to empower...Omicron Covid-19 variant underscores fragility of global recoveryLive updates: follow the latest news on Covid-19 variant Omicron Even before the South African scientists announced last week that they had identified a new...British mortgage approvals sink to lowest level since mid-2020Britain’s mortgage approvals fell sharply in October as activity in the housing market eased following a rush earlier in the year caused by the stamp...Cruise industry to generate $6.6B in revenue in 2021, almost five times less than in 2019The COVID-19 had a devastating impact on the global cruise industry, with cruise lines practically disappearing after the pandemic hit and all operators witnessing double-digit...Smart city driverless vehicle pilot project planned for Kamakura & Fujisawa areasMitsubishi Corp is in talks with Kamakura City's municipal government about developing its urban core and surrounding region into a smart city. Recently, the partnership...Etihad Credit Insurance and Tradeling sign deal to boost trade in Mena regionEtihad Credit Insurance, the UAE’s federal export credit agency, signed a preliminary deal to provide more trade finance solutions to customers of Tradeling, an e-marketplace...Nissan investing in electric vehicles, battery developmentNissan Motor Co said Monday it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery...AMD Ryzen 7 5800X Drops to All-Time Low $314 for Cyber MondayDespite Intel's Alder Lake launch, AMD's recent price trimmings on the Ryzen 7 5800X make it a more compelling value that rivals the best CPUs...Stocks making the biggest moves before the bell: Delta, Moderna, Zoom Video, Microsoft & moreTravel and leisure stocks – Airline stocks are getting hit hard in the premarket by news of the new Covid-19 variant, including American (AAL), United...Carmakers accelerate creativeness to make up for global chip shortageWhether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get creative to cope with the...Nieuw Statendam returns to South Florida cruising and marks Holland America Line’s fifth ship to reenter serviceHolland America Line’s Nieuw Statendam departed Fort Lauderdale, Florida, on its first cruise since the industrywide pause last year. The ship marks the fifth Holland...UAE works with Siemens to speed up digital transformation of industrial sectorThe Ministry of Industry and Advanced Technology has collaborated with Germany energy giant Siemens to fast-track the digitisation of the country’s industrial sector.As part of...UAE-UK health pact 'boosts exports of life sciences innovation'The UAE-UK partnership on life sciences investment is a sign of Britain’s commitment to maximise the export potential of the talent and innovation contained within...Black Friday is not what it used to beMalls and stores report decent-sized crowds, if not the floods of people that used to fight over the latest toys and electronics — online shopping...PLASTIC THAT COULD BE HARMFULA chemical that has been banned for more than 10 years in Canada is still found in everyday plastic objects, suggests tests carried out for...'The right thing to do': BoE’s Andrew Bailey on the £450bn Covid gambleWhen Andrew Bailey was first appointed Bank of England governor in December 2019, he had no inkling the role would include him grappling with one...Google commits to British watchdog's oversight on privacy changes and cookiesSearch engine giant Google has offered new proposals on the way it uses customer data following an intervention by the UK's competition watchdog.The Competition and...S&P revises Bahrain’s outlook to stable on fiscal reforms and higher oil pricesS&P Global Ratings revised Bahrain's outlook to stable from negative, as the Gulf country undertakes fiscal reforms to strengthen its economy. Higher oil prices as...Activists block Amazon warehouses in Europe on Black FridayClimate activists blockaded Amazon warehouses in three European countries on Friday, part of a global effort to pressure the ecommerce giant on one of its...Dubai Harbour welcomes its first cruise linerDubai Harbour, the city’s new cruise hub, has welcomed its first passengers. The 252-metre-long AIDAbella made its maiden call at the harbour on Thursday, carrying...Samsung to build $17 bil chip plant in TexasSamsung said it will build a microchip factory in Texas, a $17 billion investment that comes as semiconductor shortages are causing supply chain delays across...Opec Fund signs $30m loan deal to support Armenia's private sectorThe Opec Fund for International Development and Ameriabank, the largest universal bank in Armenia, signed a $30 million long-term senior loan agreement to support private-sector...Holiday season moves into high gear but challenges remainBuoyed by solid hiring, healthy pay gains and substantial savings, shoppers are returning to stores and splurging on all types of items.But the big question...GeForce RTX 3070 Holiday Deals: Where to Find ThemA true GeForce RTX 3070 standalone deal won't likely materialize any time this side of 2023. If you want to buy one of Nvidia's RTX...Japan to release hundreds of thousands of kiloliters of reserve oilJapan will release hundreds of thousands of kiloliters (several million barrels) of crude oil from its emergency reserves, industry minister Koichi Hagiuda said on Wednesday,...Asian stocks mixed after Fed says ready to act on inflationAsian stock markets were mixed Thursday after Federal Reserve officials indicated they were ready to raise interest rates sooner than expected if needed to cool...Get-e launches ground transportation service in BarbadosKennedy Drapin, account manager of global supplier relations at Get-e says: “Setting up in Barbados has been an exciting project for Get-e. It’s very different...GMIS 2021: 5G digital shift puts pressure on companies to be ready for future jobsThe Covid-19 pandemic has put pressure on companies to remain proactive and resilient in anticipation of future industries and jobs that revolve around fifth-generation (5G)...EGA aims to decarbonise its operations as demand for green aluminium spikesEmirates Global Aluminium, the UAE’s biggest industrial conglomerate outside the country’s oil and gas sector, is focused on decarbonising its operations as it looks to...