UAE obligations to WTO not affected by US plea

ABU DHABI: The Ministry of Economy on Monday has said the two proposals by the United States to the World Trade Organisation (WTO) — related to developing member countries and the benefits granted to countries with the special status — will not affect the UAE’s current obligations to the organisation. On Friday, US President Donald […]

Pound’s dip is not a blip

The British pound restarted its Brexit-induced downward spiral this week. Since hitting 1.20 to the US Dollar in 2017 following the Brexit referendum, Sterling had been on a slightly elevated path, as investors placed their bets that the EU and the UK would reach a deal that allowed for a “soft” Brexit. With Boris Johnson […]

Dutch bid for Just Eat heats up delivery food fight

London: Just Eat Plc said it’s in talks to be acquired by Dutch delivery company Takeaway.com NV. The UK firm confirmed a Sky News report on the discussions and added that there’s no certainty whether an offer will be made and on what terms, according to an emailed statement. Takeaway.com could make an offer for […]

Byju and his app: 37-year-old schoolteacher is India’s newest billionaire

Bengaluru: India’s newest billionaire is a former classroom teacher who developed an education app that’s grown to a valuation of almost $6 billion (Dh22 billion) in about seven years. Byju Raveendran joined the rarefied club after his Think & Learn Pvt scored $150 million in funding earlier this month. That deal conferred a value of […]