Washington: US officials on Monday accused China of backtracking on commitments in trade negotiations and confirmed tariffs on $200 billion (Dh734.5 billion) in Chinese goods will be increased to 25 per cent this week, according to US media reports. US Trade Representative Robert Lighthizer said talks with China will resume Thursday but that Beijing was […]
Ikea opened a new city-centre concept store in Paris on Monday as the Swedish furniture giant tries a new strategy for winning over urban consumers that will be rolled out internationally this year. The Paris outlet at Place Madeleine, a short walk from the bottom of the Champs-Elysees avenue, is four times smaller than Ikea’s […]
Kuala Lumpur: Former Goldman Sachs Group Inc banker Roger Ng has been extradited from Malaysia to the US to face charges linked to 1MDB, The Edge newspaper reported. Ng left for the US on Friday and is now under the watch of the US Justice Department, the Kuala Lumpur-based newspaper said, citing a person familiar […]
Any time she is feeling down, or anxious, entrepreneur and mental health advocate Ghida Arnaout heads outside to reconnect with herself. Thankfully, she lives in Dubai, a city full of epic outdoor activities—if you’re up for them. Tag along as cyclist and adventurer Mark Beaumont joins this inspiring, energetic woman for a whirlwind couple of […]
For endurance athlete Mark Beaumont, cycling holds a special place in his heart. After all, he holds the world record for cycling around the planet. So when Beaumont discovered there was a growing community for cyclists in Dubai, he had to check it out. Along with enthusiast Stewart Howison, Beaumont bikes through vast deserts, picturesque […]
Edgora McEwan is on the rise in Dubai. A mother of two originally from Uzbekistan, she is the United Arab Emirates’s first female hot air balloon pilot-in-training. You’ll see why Edgora has such a passion for flying these lighter-than-air aircrafts when cyclist and adventurer Mark Beaumont joins her for an early morning flight over the […]
Born and raised in Dubai, Dana Miskulnig is a dirt bike champion inspiring girls all over the United Arab Emirates to take up the sport. The 25-year-old has competed in grueling races—including the Emirates Desert Championship—and loves the feeling of freedom, self-confidence and belonging dirt biking gives her. Join cyclist and adventurer Mark Beaumont as […]
ROME: Without tougher European Union rules for excessive debt, Italy could put the entire Eurozone at risk, Austrian Chancellor Sebastian Kurz told Italy’s La Stampa newspaper on Monday. Sanctions for debt-laden EU members “will prevent Italy, for example, ending up a second Greece thanks to irresponsible debt policies,” the centre-right leader said. This is the […]
Dubai: Dubai’s Department of Finance (DOF), in collaboration with Smart Dubai and emaratech, has launched a digital wallet to facilitate payments for government service fees. According to a statement, the new payment channel noqodi enables individual and corporate customers to pay “quickly, easily and securely” for different government and non-government fees under Dubai Pay, the […]
China decided to cut the amount of cash some banks must hold as reserves, and timed its announcement of the decision to help shore up domestic markets as uncertainties in the trade talks with the US re-emerged. The required reserve ratio for rural commercial lenders serving companies in the county where the bank operates or […]