Chinese hotelier Huazhu Group on Monday has agreed to buy the parent company of Germany’s Steigenberger hotels for around 700 million euros ($780 million), widening its global reach, both companies said. The all-cash deal sees one of China’s biggest hoteliers acquire Deutsche Hospitality through its wholly owned subsidiary China Lodging Holding Singapore. Deutsche Hospitality owns […]
Dubai: A lack of diversity is putting the cybersecurity industry in danger of becoming stagnant, while cybercriminals — who come from all over the world — are bringing new ideas on how to infiltrate computers systems for data or money. “The attackers, they’re very diverse,” says Diana Kelly, Microsoft’s Field CTO (chief of technology) for […]
New York: Your move, Tiffany & Co. That was the message from LVMH this week, as executives from the French luxury group arrived in New York to sell the merits of its proposed $14.5 billion takeover of the storied American jeweller. After eyeing Tiffany for years, LVMH submitted an offer last month as it enjoys […]
The accident took place because the driver accidentally stepped on the accelerator pedal.
New pricing mechanism set for Adnoc crude; to be implemented between Q2 and Q3 2020
The accident took place because the driver accidentally stepped on the accelerator pedal.
New pricing mechanism launched for Adnoc’s flagship Murban crude.
The perfect gift for his children born last week.
The perfect gift for his children born last week.
New York: McDonald’s announced Sunday that president and CEO Steve Easterbrook was out after showing “poor judgement” by engaging in a “consensual relationship” with an employee. Easterbrook was replaced by Chris Kempczinski, the president of McDonald’s USA. Kempczinski was also elected to the board of directors. “Easterbrook… has separated from the company following the board’s […]