Saudi Arabia to hold ‘limited’ Haj pilgrimage
Saudi Arabia announced that Haj will be held this year but with a very limited number of pilgrims and in compliance with precautionary measures including a ban on older pilgrims and additional health checks. Only Saudis and expatriate residents from various nationalities are allowed to perform the Haj rituals thisContinue Reading
Bahrain airport rolls out new safety measures
Bahrain International Airport (BIA) is rolling out additional health and safety measures to protect the wellbeing of passengers and staff at the terminal, said a report citing an announcement from Bahrain Airport Company (BAC). The CAA guidelines are in line with the International Civil Aviation Organization’s (ICAO latest guidelines forContinue Reading
Scientists map Saturn’s exotic moon Titan
‘Possibility of life’: scientists map Saturn’s exotic moon Titan Scientists on Monday unveiled the first global geological map of Saturn’s moon Titan including vast plains and dunes of frozen organic material and lakes of liquid methane, illuminating an exotic world considered a strong candidate in the search for life beyondContinue Reading
Super Rich Rethink Buying Yachts In Uncertain Economy
Even the ultra-wealthy can get skittish about dropping $50 million on a boat, so superyacht salesmen like Thom Conboy are having to do more hand-holding these days. A checklist of global challenges — including the U.S. trade war with China, a messy Brexit and Germany teetering on recession — hasContinue Reading
Electric SUV to Lead China’s Charge Into European Market
$28,000 Electric SUV to Lead China’s Charge Into European Market: A $28,000 sport utility vehicle looks set to become the first Chinese entrant in Europe’s electric-car market, betting its competitive price will help draw customers away from the likes of Volkswagen AG and Tesla Inc. Shanghai-based automaker Aiways has securedContinue Reading
Emerging markets need more say on digital currencies
Emerging markets need more say on digital currencies Governments in emerging markets must have greater say in the regulation of digital currencies that could facilitate illegal capital flows and disrupt foreign exchange management, a senior official of China’s foreign exchange regulator said on Monday. China has signalled it is activelyContinue Reading
Bitcoin holds ground after China voices support for blockchain
Bitcoin holds ground after China voices support for blockchain Bitcoin held ground on Monday near a one-month high scaled over the weekend after China’s president Xi Jinping said the world’s second biggest economy should accelerate the development of blockchain technology. Blockchain, a digital ledger that forms the backbone of manyContinue Reading
Qatar Airways, JAL among suitors for Malaysia Airlines
Qatar Airways, JAL among suitors for Malaysia Airlines Three international carriers have put in bids to buy a strategic stake in the ailing Malaysian carrier, Malaysia Airlines, according to a report published on Saturday by business weekly The Edge Malaysia. Malaysia’s government said on Tuesday that sovereign fund Khazanah NasionalContinue Reading
French luxury group LVMH offers to buy U.S jeweler Tiffany
French luxury group LVMH offers to buy U.S jeweler Tiffany Louis Vuitton owner LVMH has approached Tiffany & Co with an acquisition offer, people familiar with the matter said on Saturday, at a time when the U.S. luxury jeweler grapples with the impact of tariffs on its exports to China.Continue Reading
ARM to continue supplying chip technology to Huawei
ARM to continue supplying chip technology to Huawei Chip designer ARM will continue to supply Huawei Technologies after the British company’s legal team ruled that its chip technology is of UK origin and would not breach U.S. restrictions on supplying the Chinese tech giant. Huawei, the world’s No. 2 smartphoneContinue Reading