United Arab Emirates
New Zealand won’t ‘get rich’ by focusing trade in the South Pacific alone, PM says
Cattle photographed in New Zealand. Agriculture plays a major role in New Zealand’s economy, especially when it comes to exports. David Clapp | Stone | Getty Images New Zealand’s prime minister told CNBC the country has to look beyond its own backyard for trade opportunities, as the South Pacific island nation signs an economic partnership with […]
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‘The sky is the limit’ on Damac investment in the U.S., Dubai property giant’s chief says
DUBAI, United Arab Emirates — The sky’s the limit when it comes to Dubai property giant Damac’s investment in the United States, the company’s chairman told CNBC on Thursday. Two days prior, President-elect Donald Trump announced a $20 billion foreign investment by the Emirati company to build new data centers across the U.S. — adding that its […]
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UK visitors from dozens of countries will have to pay a new entry fee starting this week
Pedestrians shelter from the rain under umbrellas as they pass the Elizabeth Tower, commonly known by the name of the clock’s bell, Big Ben, at the Palace of Westminster, home to the Houses of Parliament, in London on Feb. 22, 2024. Henry Nicholls | AFP | Getty Images If you’re traveling to the U.K. as […]
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‘Do the upright thing.’ A petition to ban reclining on airplanes has garnered 186,000 signatures
Spilled drinks, crunched laptop screens and crushed knees. A new video shows the reasons why reclining your seat on airplanes morphed from an acceptable practice into a top irritant for many air passengers. The video is part of an ad campaign launched in late November by the furniture company La-Z-Boy, which includes a petition […]
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Whoopi Goldberg aims to raise awareness about women’s sports with new network
Hollywood icon Whoopi Goldberg hopes her newly launched All Women’s Sports Network will bring more attention to women’s sports. Goldberg started the network with George Chung, co-founder of international media holding company Jungo TV. It’s the first global media channel dedicated exclusively to highlighting women’s sports and is available in the U.S. on the free […]
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‘We are firing on all cylinders’: Marriott CEO says business is solid despite corporate layoffs
Marriott International’s business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid layoffs of more than 800 corporate employees and continued sluggishness in China’s tourism market. “We are firing on all cylinders in every geography,” he said. The company’s third-quarter earnings showed a 3% increase in worldwide RevPar — or revenue per […]
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Russia pushes ‘new world order’ agenda as it hosts beefed-up BRICS summit
Russian President Vladimir Putin attends the BRICS Business Forum in Moscow, Russia October 18, 2024. Alexander Zemlianichenko | Via Reuters Russia is rolling out the red carpet to its geopolitical allies as it hosts the latest BRICS summit on Tuesday, pushing its agenda to create a “new world order” that challenges the West. The group […]
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The UAE can guarantee the ‘safety and the security’ of U.S.-made chips, G42 CEO says
The CEO of the United Arab Emirates’ premier AI firm stressed that the Gulf country is a reliable partner to the U.S. when it comes to keeping sensitive technology safe, as Washington reportedly mulls curbs on chip sales to certain countries — particularly those in the Middle East. The UAE has shown it can “guarantee […]
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Stocks making the biggest moves premarket: Apple, Amazon, Pfizer, Hershey and more
Check out the companies making headlines before the bell. Apple — Shares declined 1.4% after Jefferies downgraded the megacap tech company to hold from buy, saying near-term expectations for the iPhone 16 and 17 are too high after weaker-than-expected initial demand. Apple’s AI capabilities leading to an accelerated smartphone replacement cycle is a “premature” catalyst, […]
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‘Golden Week’ bookings show Chinese travel preferences are evolving
Outbound travel from China is set to receive a much-anticipated jolt as “Golden Week” bookings show changes in where and why Chinese people are traveling. Buoyed by falling airfares, Chinese travelers are booking more overseas trips for the National Day holiday period, which extends from Oct. 1 to 7, according to Fliggy, a major travel […]
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