Thursday , April 19 2018


DLD awarded GABC assembly membership

DUBAI / Emirates Business During the Global Alliance for Building and Construction (GABC) Assembly, Dubai Land Department (DLD) was awarded membership to assembly’s executive committee along with prestigious international organisations from five other countries. The GABC Assembly was hosted by DLD and inaugurated by  Dr Thani bin Ahmed Al Zeyoudi, ...

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Tata offers $5.3 billion in bid to acquire bankrupt Bhushan Steel

Bloomberg Tata Steel Ltd. offered 350 billion rupees ($5.3 billion) to lenders to acquire bankrupt Bhushan Steel Ltd., said a person with knowledge of the matter. Mumbai-based Tata Steel offered an all-cash deal to the creditors, the person said, asking not to be identified because the details aren’t public. The ...

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Europe demands permanent waiver from US metal tariffs

Bloomberg European Union leaders demanded a permanent EU exclusion from US President Donald Trump’s metal-import tariffs and kept alive a threat to retaliate, highlighting persistent risks of a trans-Atlantic trade war. Citing national security, Trump imposed duties of 25 percent on steel and 10 percent on aluminum while granting a ...

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Congress prods Zuckerberg to testify for restoring trust

Bloomberg Embattled Facebook Inc. Chief Executive Officer Mark Zuckerberg has received another call from Congress to testify on the unfolding scandal over reports the company allowed Cambridge Analytica to harvest 50 million users’ data. Senate Commerce Chairman John Thune, the No. 3 Republican in the chamber, and ranking Democrat Bill ...

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