Lifestyle Who is Lord Udny-Lister? Edward Julian Udny-Lister is a special adviser to the UK government, a political strategist and former politician. One of Boris Johnson’s closest aides, Udny-Lister served as Downing Street chief of staff from 2019 to 2021, primarily advising on strategy. He was the deputy mayor of London for policy and planning between 2011 and 2016 – […] May 10, 2022
Exclusive Interviews UK-Gulf deal will be ‘tough nut to crack,’ says top Johnson ally The co-chairman of the UAE-UK Business Council and former chief strategic adviser to Prime Minister Boris Johnson says the upcoming UK-Gulf trade agreements could be delayed but bilateral opportunities remain immense Lord Udny-Lister, co-chairman of the UAE-UK Business Council and one of Boris Johnson’s closest political allies, cuts a distinguished figure amid the sumptuous surroundings […] May 10, 2022
Tourism Air travel makes quick recovery from Covid-19 The head of the world’s biggest airline trade body said today passenger traffic was recovering faster than expected and that, on average, the industry could now see those figures return to pre-pandemic levels in 2023, a year earlier than expected. The easing of coronavirus related restrictions around the world has released demand pent up over […] May 9, 2022
Insight The mind-blowing numbers behind the Museum of the Future The Museum of the Future is a “living museum” aiming to contribute to a deep intellectual movement, connecting thinkers and experts and acting as a test bed to create innovative solutions for global challenges. Rising 77 metres above the ground the structure was built using robotic technology and with an emphasis on sustainability. The façade […] May 9, 2022
Lifestyle Netflix drops Meghan Markle’s animated series Streaming platform Netflix Inc said on Sunday it had decided to stop work on Meghan Markle’s family series “Pearl” as it reviewed animated content. Dropping several projects, including Markle’s, was part of strategic decisions on production of animated series, the company said in a statement, without providing further details on its decision. Archewell Productions, the […] May 6, 2022
Banking & Finance Buffett says inflation an issue for Berkshire, it ‘swindles almost everybody’ Warren Buffett said on Saturday that inflation “swindles almost everybody” and that it was “extraordinary” how much inflation had been seen in Berkshire Hathaway Inc’s own businesses. Inflation has surged in the United States, hitting a new 40-year annualized high of 6.6% in March, and U.S. Federal Reserve policymakers appear set to deliver a series […] May 6, 2022
Media & Advertising Prince Alwaleed confirms $1.9bn stake in Elon Musk’s ‘new’ Twitter Saudi Arabian investor Prince Alwaleed bin Talal said on Thursday billionaire entrepreneur Elon Musk will be an “excellent leader” for Twitter, as he agreed to roll his $1.89 billion stake into the deal rather than cashing out. Prince Alwaleed had on April 14 opposed the buyout bid, saying the price offered by Elon Musk, the […] May 6, 2022
Retail Apparel to buy Karl Lagerfeld brand in $210 mln all-cash deal Apparel Group Ltd said on Monday it has agreed to acquire the remaining 81% stake in Karl Lagerfeld for $210 million in cash, becoming the sole owner of the Parisian fashion brand. G-III, which owns brands including DKNY and Jessica Howard, will purchase the additional stake from a group of investors led by Fred Gehring […] May 2, 2022
Hollywood actress Jolie visits Lviv, trip interrupted by sirens Hollywood actress Angelina Jolie visited the Ukrainian city of Lviv on Saturday, going to the station to meet people displaced by the war with Russia before later leaving after air-raid sirens sounded. Jolie, 46, is a special envoy for the United Nations refugee agency, which says more than 12.7 million people have fled their homes […] April 30, 2022
Banking & Finance Lebanese central banker says ready to answer Swiss questions Lebanese central bank chief Riad Salameh is ready to meet Swiss prosecutors in person to answer questions about their money-laundering investigation, he said in a television interview. Salameh is facing investigations in Lebanon and five European countries into the alleged embezzlement of some $330 million in public funds with the help of his brother, Raja, […] April 29, 2022
Media & Advertising Trump finally posts on Truth Social: “I’M BACK!” Former US president Donald Trump posted a brief message on Truth Social late Thursday for the first time since the app he founded launched two months ago, saying “I’M BACK!” Trump broke his silence as Elon Musk sealed a $44 billion deal to buy Twitter, which last year permanently banned Trump citing a risk of […] April 29, 2022
Media & Advertising Comedian James Corden to leave his CBS late-night show next year British comedian James Corden said on Thursday he will exit “The Late Late Show” on CBS television in 2023 after eight years as host to explore other opportunities. Corden announced the news at an episode taping in Los Angeles. He told a studio audience that he saw the show, which he began hosting in 2015, […] April 29, 2022
Media & Advertising Kevin Hart gets $100m private equity investment Stand-up comedian and Hollywood actor Kevin Hart has launched a new media company called HARTBEAT, with a $100 million investment from private equity firm Abry Partners. Abry, which focuses on investments in the media, communication and information services space, took a minority stake in the company at an undisclosed valuation. Hart, known for his roles in films such as “Ride […] April 27, 2022
Lifestyle Prince Charles to visit Canada for Queen’s Jubilee Prince Charles and his wife Camilla will visit Canada next month as part of celebrations to mark his mother Queen Elizabeth’s 70th year on the British throne, his office said on Tuesday. The trip, the 19th the heir-to-the-throne has undertaken to Canada, will see the royal couple travel more than 2000 miles from Newfoundland and […] April 27, 2022
Lifestyle Spain’s King Felipe says he is worth €2.6m Spain’s King Felipe VI has disclosed that his wealth is worth about 2.6 million euros ($2.8 million) in a move to make the Royal House more transparent and end the opaqueness that prevailed during the reign of his father Juan Carlos. The king’s assets include just under 2.3 million euros in checking or savings accounts […] April 27, 2022
Manufacturing Tesla’s big swoon as Musk moves for Twitter This has been a wild week in the auto business. Ford and General Motors are duking it out over which of them will be No. 1 in the US electric vehicle market by the middle of the decade. Meanwhile, the current No. 1, Tesla, got a rude slap from its shareholders. You’d think convincing skittish […] April 27, 2022
Lifestyle Turkish court sentences Kavala to life in prison A Turkish court sentenced philanthropist Osman Kavala to life in prison on Monday finding him guilty of attempting to overthrow the government by financing 2013 nationwide protests, in a case that Europe’s top court and Ankara’s Western allies said was politically motivated. Kavala, 64, has been in jail for 4-1/2 years without a conviction and […] April 27, 2022