Global Apple Card in the works, says Tim Cook

San Francisco: Apple CEO Tim Cook has confirmed that an international version of Apple Card is in the works. “We want to offer the cards everywhere,” Cook told. In an interview with German publication Bild, Cook said they needed suitable partners as launching a credit card was not simple as different countries had different rules […]

Dubai-based Badia Farms, brings high tech vertical farming to the region

The GCC’s first commercial vertical farm, Badia Farms, is plating the green shoots of innovation in the regional agri tech sector by growing produce in an environment which requires 90% less water than regular farming, thanks to hydroponic technology. “Dubai was the obvious choice as a hub for us due to its hunger for innovation […]

IMF’s Lipton sees sharper world slowdown as trade tensions flare

New York: The International Monetary Fund expects a more significant global slowdown than it did three months ago, said First Deputy Managing Director David Lipton, adding it’s difficult to see an economic recovery if the trade uncertainty continues. “We see the global economy going through a gradual, synchronised slowdown,” Lipton said on Tuesday in Berlin, […]

Unique Rolls-Royce Phantom fetches over Dh4m for charity

You need sunglasses to look at this ever so bright Rolls customized by world-renowned visual artist Marc Quinn for the Evelina Art for Allergy x Dine on the Line event They tend to cost a pretty penny but one particular Rolls-Royce Phantom fetched over Dh4m at a charity event in the UK last month – […]

India’s core sector output declines by 0.5 per cent in August

New Delhi: The eight core industries in August recorded a 0.5 per cent decline in output of coal, crude oil, natural gas, cement, and electricity, according to a government data released on Monday. The eight core sector industries — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity — had expanded by […]

Nestle sheds skincare brands

ZURICH: Swiss food giant Nestle said on Wednesday it has finalised the sale of its skincare business to a group led by Swedish private equity firm EQT and the Abu Dhabi Investment Authority. The purchase price for Nestle Skin Health was 10.2 billion Swiss francs (Dh37.5 billion), the group said in a statement. Nestle had […]