January 21, 2018
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January 20, 2018

Oil prices ended down on Friday and broke a four-week winning streak after a rally that had taken benchmarks to three-year highs, as investors sold positions on re-emerging US production concerns.

Brent crude futures fell 70 cents, or 1 per cent, to settle at $68.61 a barrel after hitting a session low of $68.28. On Monday, they hit their highest since December 2014 at $70.37.

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January 21, 2018

Abu Dhabi-based investment firm, KBBO Group, will invest in growing technologies in the education sector having successfully built the largest healthcare portfolio in the region, its CEO, Yazen Abu Gulal, said at a recent forum.

In a round table session with senior regional leaders at the recent Milken Institute London Summit, Yazen Abu Gulal said digital learning has evolved from a useful ability to an essential skill, making it critical to the growth and competitiveness of a nation.

“In"...

 
 
January 21, 2018

(AETOS Wire) -- The Brightline™ Initiative, a non-commercial coalition dedicated to helping organizations bridge the gap between strategy design and strategy delivery, along with Project Management Institute (PMI) and The Boston Consulting Group are hosting The Economist Events on the panel discussion, “The Business Case for Openness: Implementing Strategy in a Drawbridge up World.”

This event marks Brightline’s debut at Davos. Dovetailing with the World Economic Forum’s overarching"...

 
 
January 20, 2018

A group of investors led by SoftBank Group closed a deal with Uber Technologies on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

The deal includes a large purchase of shares from existing Uber investors and employees at a discounted valuation for the company of $48 billion, a 30 per cent drop from Uber's most recent valuation of $68 billion. These secondary stock sales will be completed by the end of the day Thursday on the Nasdaq Private Market, an Uber spokesman said.

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January 20, 2018

Amazon.com narrowed the field of cities for its proposed new headquarters to 20, with New York, Boston, Chicago, Miami and Toronto, among the contenders.

Seattle-based Amazon solicited proposals in September for its second corporate seat, a project that’s expected to cost more than US$5 billion and create 50,000 high-paying jobs over the next 10 to 15 years. The company received proposals from 238 locations, including from smaller markets like Tulsa, Oklahoma, and Memphis, Tennessee. The company plans to make a decision this year and will continue discussions with"...

 
 
January 20, 2018

Most long haul routes leave air passengers feeling fatigued or jet lagged, but a flight between the United States and Australia will leave body clocks spinning.

Passengers on board the inaugural United Airlines flight 101 from Houston to Sydney will be left wondering what day it is when they land in the Australian city on Saturday.

Flight UA101 took off from Houston at 8pm Central Standard Time on January 18 and is scheduled to land in Australia at 6.30am local time on January 20.

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