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US-China trade talks push markets higher
New York: US stocks jumped on Tuesday, rising for the second day in a row, led by technology companies on signs of progress between China and the United States to resolve their trade dispute, which has roiled the markets for months. The roughly 1 per cent gains, also boosted by data that showed US producer prices unexpectedly rose last month, helped the benchmark S&P 500 and the blue-chip Dow Jones Industrial Average sharply cut
 
 
Emaar launches China operations
Dubai: Emaar, the developer of the iconic Burj Khalifa and the upcoming Dubai Creek Tower, has commenced business development operations in China. This follows the announcement in July of the company’s expansion to the country, coinciding with the coinciding with the historic visit of President Xi Jinping of China to the UAE. Emaar has a team of dedicated business development professionals in the country, specially recruited
   
India names Modi ally as new RBI chief
Mumbai: India’s government named an ally of Prime Minister Narendra Modi as the country’s new central bank chief on Tuesday, a day after his predecessor quit following a dispute about government interference. Shaktikanta Das has been appointed governor of the Reserve Bank of India (RBI) for three years, a government statement said. The 63-year-old is a former senior finance ministry official and a key figure in Modi’s
 
 
UAE-Kenya forum highlights investment
Sharjah: Sharjah Chamber’s trade mission to Kenya concluded its visit as part of its African tour, where it organised the UAE - Kenya Trade and Investment Forum in Nairobi. The mission was organised by the Sharjah Chamber of Commerce and Industry (SCCI), which is being represented by the Sharjah Exports Development Center that falls under the chamber’s umbrella. The forum, which includes the participation of 30 national
   
UAE tops region in adoption of AI solutions
DUBAI: A report by the Dubai Technology Entrepreneurship Campus, Dtec, revealed that the UAE ranks first in the region in terms of enterprise adoption of artificial intelligence (AI) applications with an annual growth rate of 33.5 per cent. Dtec is a wholly owned technology hub by Dubai Silicon Oasis Authority, DSOA. The report titled, ‘Artificial Intelligence Adoption in Enterprise 2018’, was prepared in collaboration with
 
 
DFM briefs businesses about ‘Second Market’ opportunity
DUBAI: The Dubai Financial Market (DFM), has organised a roundtable about the listing opportunity on its ‘Second Market’ Platform, in cooperation with the Dubai Chamber of Commerce and Industry and the Dubai Entrepreneurs Council. The discussions focussed on how private companies can unlock capital market opportunities through listing on the ‘Second Market’ Platform, especially since availing the numerous benefits of listing

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