Dubai attracted Dh12b in foreign direct investments in first-half 2020

Dubai: Dubai attracted foreign direct investments of Dh12 billion in the first six months of 2020, split across 190 projects.  These were in key sectors such as technology, e-commerce, and pharmaceutical, according to the Dubai FDI Monitor data released by Dubai Investment Development Agency. See More Millions return to lockdown in Philippines as COVID-19 cases soar […]

Trump Organization puts up a helicopter for sale

New York: A Trump Organization helicopter featured in the opening credits of The Apprentice with now-President Donald Trump is for sale. The 1989 Sikorsky S-76B, painted red, white and blue, registration N76DT, is listed for sale without a price on controller.com. Helivalue, a helicopter appraisal business, values similar models at $400,000 to $950,000. See More Photos: […]

Rival drugmakers launch joint trial of drugs for COVID-19

Rival drugmakers AbbVie Inc, Amgen Inc and Takeda Pharmaceuticals Inc on Monday said they have begun treating patients in a trial to quickly show whether a drug from each company can be repurposed and used against COVID-19, the disease caused by the novel coronavirus. The COVID-19 pandemic is an “all hands on deck moment,” David […]

Ford, struggling in a changing industry, replaces its CEO

Ford Motor said its chief executive, Jim Hackett, will retire October 1, ending a three-year run in which the automaker has worked with mixed results to streamline its operations and focus its business on electric cars, trucks and sport-utility vehicles. Hackett, 65, will be succeeded by James D. Farley Jr., who had been named chief operating […]