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A general view of the city skyline at sunset from Dhow Harbour on February 5, 2015 in Abu Dhabi, United Arab Emirates. DUBAI — Abu Dhabi artificial intelligence firm Presight bought a 51% stake in AIQ, a joint technology venture between the Abu Dhabi National Oil Company (ADNOC) and G42, a major Abu Dhabi-based AI and cloud company. The new ownership structure will see ADNOC holding 49% of the company and giving it a valuation of $1.4 billion, according to a joint company press release. ADNOC will in turn get a 4% stake in Presight, as it aims to integrate AI into more of its operations and services. AIQ uses AI and machine learning to improve processes in the oil and gas industry.
Persons: Presight, ADNOC, CNBC's Dan Murphy, Chris Cooper, We've, Cooper Organizations: United, United Arab Emirates, Abu Dhabi National Oil Company Locations: Harbour, Abu Dhabi, United Arab, DUBAI, AIQ, Presight, ADNOC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMcDonald's is still a share gainer despite sales slowdown, says Brian HarbourBrian Harbour, Equity Analyst at Morgan Stanley, discusses earnings from McDonald's and Starbucks.
Persons: Brian, Morgan Stanley Organizations: Equity, Starbucks Locations: Harbour
Lily Allen is happy to leave her kids in economy while she flies first class. But Allen said she's not a fan of people boasting on social media about refusing to swap their first class seat with families. AdvertisementBritish singer Lily Allen has weighed into the great debate over whether children should be allowed to sit in first class on flights. Allen said she's happy to send her kids to economy class while she takes a seat in first class. "I'm going in first class, she's going in economy."
Persons: Lily Allen, Allen, she's, , Miquita Oliver, Ethel, Marnie, David Harbour, Oliver, Miquita, Lily, ANGELA WEISS, it's, Allen doesn't, , They've, I'd, I'm Organizations: Service, Radio Locations: British, New York, London
Valdis Dombrovskis, Vice-President of the European Commission for the Euro & Social Dialogue, photographed at the Renaissance Harbour View Hotel in Wan Chai. 02DEC17 SCMP/ Xiaomei Chen (Photo by Chen Xiaomei/South China Morning Post via Getty Images)The European Union's trade chief on Wednesday warned against the "weaponization" of trade amid the latest ratcheting up of tensions between the U.S. and China. EU trade commissioner Valdis Dombrovskis told CNBC that he did not believe trade "protectionism" was the answer to heightened geopolitical tensions, but insisted that the bloc was willing to defend itself in the new trade environment. "The geopolitical landscape is changing, it's getting more fragmented, it's getting more conflictual, we see the weaponization of trade. So we need to equip ourselves also as the European Union to function in this more conflictual world," Dombrovskis told CNBC's Karen Tso.
Persons: Valdis Dombrovskis, 02DEC17, Xiaomei Chen, Chen Xiaomei, Dombrovskis, Karen Tso, Mario Draghi, Joe Biden, Katherine Tai Organizations: European Commission, South China Morning, Getty, U.S, CNBC, European Union, European Central Bank, U.S . Trade Locations: Wan Chai, South, China, EU, Pennsylvania, U.S
Kolossal hopes to film a colossal squid in its natural habitat, the waters around Antarctica. The scientists were searching for the colossal squid, an evasive cephalopod that can weigh 1,100 pounds. The enigmatic colossal squidMeasuring about 46 feet with its tentacles spread out, the colossal squid is nevertheless hard to spot. Advertisement"We're not claiming this is the colossal squid, but it's also not not a colossal squid," Mulrennan said of footage of a translucent squid that the camera filmed. Kolossal/MulrennanBased on assessments of experts who have seen the footage, it's impossible to tell whether the animal is a young colossal squid or a full-grown glass squid.
Persons: Kolossal, , Matthew Mulrennan, Mulrennan, Kat Bolstad, Myrah Graham, Graham, Mulrennan wasn't, Matt Mulrennan, it's, they're, Jennifer Herbig, Mulrennan Mulrennan Organizations: Service, Juvenile, University's Marine Institute, University of Auckland, Endeavour, Intrepid, Endeavor, Marine Locations: Antarctica, icefish, Paradise Harbour
London —Physicist Peter Higgs, whose theory of an undetected particle in the universe changed science and was vindicated by a Nobel prize-winning discovery half a century later, has died aged 94, the University of Edinburgh said on Tuesday. Higgs described himself as “incompetent” in the physics laboratory at school and at first preferred maths and chemistry. What came to be known as the Higgs boson would solve the riddle of where several fundamental particles get their mass from: by interacting with the invisible “Higgs field” that pervades space. That interaction, known as the “Brout-Englert-Higgs” mechanism, won Higgs and Belgium’s Francois Englert the Nobel prize in physics in 2013. CERN’s massive Large Hadron Collider finally proved to be the sledgehammer needed to crack the nut, and in 2012 two experiments there independently found the Higgs boson.
Persons: Peter Higgs, Higgs, “ Peter Higgs, , Sir Peter Mathieson, Paul Dirac, Belgium’s Francois Englert, Robert Brout, , Rolf Heuer, welling, theoreticians, Jody Williamson, ’ ”, Robert Evans, Tom Miles, Farouq Suleiman, Pravin Char, Mark Heinrich Organizations: London, University of Edinburgh, CERN, Reuters, , Edinburgh University, Fermilab, Collider, chuckling Locations: Geneva, Chicago, American, Edinburgh
The Peninsula Hotel in Hong Kong, an iconic property that opened in 1928, offers a luxury experience. Steps away from the glistening Victoria Harbour sits the Peninsula Hotel. The flagship hotel in the Peninsula Hotels group, which boasts properties worldwide, opened in December 1928, making it one of the oldest hotels in Hong Kong. The iconic hotel, one of the official hotel partners of Art Basel Hong Kong, sponsored by the global lead partner UBS, is nestled right on the Kowloon Peninsula in Tsim Sha Tsui. Thanks to their Art in Resonance program, it's also home to four memorable art pieces featuring "emerging and mid-career" artists.
Persons: , Chanel, Harry Winston, it's, Bon Jovi, Tom Cruise Organizations: Service, Hotels, Art Basel, UBS Locations: Hong Kong, Art Basel Hong Kong, Tsim Sha Tsui
Fashion's elite, including Maison Margiela's Stefano Rosso, attended Art Basel in Hong Kong last month. BI was in Hong Kong to admire art, but also the city's innovative fashion sense. This article is part of BI's 2024 Art Basel series, taking you inside the art fair's global scene. Fashion and art are inextricably linked — evident at this year's Art Basel in Hong Kong. The art fair, sponsored by UBS, attracted more than 240 galleries from around the world to descend on the Hong Kong Convention and Exhibition Centre last month.
Persons: Maison Margiela's Stefano Rosso, , Art Basel Organizations: Art Basel, BI, Service, Art, UBS, Hong Kong Convention, Exhibition, Harbour Locations: Hong Kong, Basel, Art Basel, Hong
The Bahamas has more than 700 islands and cays; remote workers and students can live on 16 of them, including Eleuthera (shown here). "I hear she's staying right up the street," a woman sitting alone at the bar told us. With a population of only 1,800, Harbour Island and its one and only town, Dunmore Town, makes Saint Barts (population 11,000) look like midtown Manhattan. The woman herself, she explained, had moved to Eleuthera, a 10-minute water taxi ride away, where the hoi polloi rarely come, apparently. All of which begs the question: Why on earth would anyone, let alone Taylor Swift and a bunch of billionaires, come to this tiny speck?
Persons: Taylor Swift, Travis Kelce, speck, bemusement, Barts, she's, eyeing, Saint Locations: Bahamas, Dunmore Town, Manhattan, Eleuthera
A Gucci store at Harbour City shopping mall, operated by Wharf Holdings Ltd., in Hong Kong, China, on Friday, June 2, 2023. Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions. Kering plunged to the bottom of the Stoxx 600 after a delayed open, dragging other European luxury lines with it. Gucci comparable revenues in the first quarter are expected to be down by nearly 20% year on year." The slowdown is expected to derive primarily from Asia — and chiefly from China, whose economy has been struggling.
Persons: Gucci, Kering, Christian Dior, Hermes, Burberry Organizations: Wharf Holdings Ltd, Gucci, Asia — Locations: Harbour City, Hong Kong, China, Asia, London, Pacific
As concerns swirl about lofty valuations in the stock market and investors focus on AI companies, strategists at Berenberg see one sector as a relative bargain: energy. The global energy sector is trading around record low valuations relative to the broader market, according to the German investment bank. "The European energy sector has never been this cheap on trailing price/book multiples, both on an absolute and relative basis," the bank said. Aside from valuations, Berenberg also suggested that fundamentals support owning energy stocks. "Tight energy markets are likely to underpin oil prices and support an improving earnings backdrop for the energy sector," the Berenberg analyst said.
Persons: Jonathan Stubbs, Berenberg, Energean —, Stubbs Organizations: Mar, Shell, Harbour Energy Locations: TotalEnergies, U.S, Russia, Ukraine
C-Suite career coach Elizabeth Pearson said juggling family and a career can feel "impossible." AdvertisementAccording to Lily Allen, having children and a career just don't mix. "I never really have a strategy when it comes to my career, but yes, my children ruined my career. ANGELA WEISS/Getty ImagesWhile Allen's comments prompted criticism from some, career coaches Elizabeth Pearson and Sara Madera told Business Insider she's not entirely wrong. Both Madera and Pearson urged parents to make themselves a priority, even when it's hardBoth career coaches agreed that parents should check in with themselves.
Persons: Lily Allen, Allen, Elizabeth Pearson, , Ethel, Marnie, Sam Cooper, I'm, David, ANGELA WEISS, Sara Madera, she's, Pearson, MoMo, Michelle Obama, we've, we're, Madera, who've, Jordi Mora igual Organizations: Service, British, Radio, Getty Locations: Madera
The Hong Kong observation wheel and the HSBC building in Victoria Harbour in Hong Kong. HSBC is "very positive" about the mid to long-term outlook for the Chinese economy despite current headwinds, the British bank's chief financial officer told CNBC. This prompted Beijing to ramp up its efforts to bolster manufacturing and domestic tech, in a bid to modernize its economy and remain globally competitive. "We're looking at major economic transition, which is taking place, which gives us very strong grounds to be very positive about the medium and long term outlook," Elhedery said. He suggested that China's economic maturity has reached such a stage that now is the "right time to transition into what more mature economies are."
Persons: Karen Tso, Georges Elhedery, Elhedery Organizations: HSBC, CNBC Locations: Hong Kong, Victoria Harbour, British, China, Beijing, London, Asia, Pacific
CNN —British pop singer Lily Allen has said that her children “complete” her, but having them “totally ruined” her career. When asked on the Radio Times podcast if she had to rethink her career strategy after having children, Allen replied: “I never really have a strategy when it comes to career, but yes, my children ruined my career.”“I mean I love them and they complete me, but in terms of pop stardom, totally ruined it,” Allen said jokingly during the interview, which was released Tuesday. “It really annoys me when people say you can have it all because, quite frankly, you can’t,” the singer added. “Some people choose their career over their children and that’s their prerogative.”Allen has seen most of her career success in the UK, with three number one hits and 15 in the Top 40. “I feel like that really left some nasty scars that I’m not willing to repeat [on my children],” Allen said.
Persons: Lily Allen, , Allen, , ” Allen, Sam Cooper, Allen’s, Keith Allen, Alison Owen, Alfie Allen, I’m, David Harbour Organizations: CNN, Radio Times Locations: British, New York City
Aid ship for Gaza expected to depart Cyprus this weekend
  + stars: | 2024-03-09 | by ( ) www.cnbc.com   time to read: +2 min
A ship laden with relief supplies for Gaza was preparing to depart Cyprus on Saturday as part of efforts to aid a population on the brink of famine. Separately, the United States has said it plans to build a temporary jetty to bring aid into Gaza, which has no port infrastructure. A sea corridor from Cyprus will supplement attempts to boost aid supplies, which have included airdrops of food. The charity WCK has partnered with Spain's Proactiva Open Arms and is sourcing the food. Larnaca port was used by pro-Palestinian activists, who used small sail boats to get into Gaza harbour in 2008.
Persons: Spain's, WCK Organizations: Central Command, Royal Jordanian Air Force, European, Reuters, UAE . Aid, Hamas Locations: Northern Gaza, Gaza, Cyprus, UAE, Spanish, Larnaca, United States, Israel, U.S
These taxes had been introduced as early as 2010 to cool the city’s once red-hot property market, a pillar of the economy. Real estate and related industries play a key role in Hong Kong’s economy, accounting for as much as a fifth of the city’s gross domestic product (GDP). Hong Kong’s economy has struggled to regain momentum since it reopened after more than two years of self-imposed Covid isolation. Hong Kong’s stock market, where many of China’s largest and most important companies are listed, has become less popular with international investors. Late last year, the city’s stock exchange was overtaken by the National Stock Exchange of India (NSE) as the world’s seven largest bourse.
Persons: Paul Chan, , ” Chan, Chan Organizations: Hong Kong CNN, Hong Kong, National Stock Exchange of India, bourse Locations: China, Hong Kong, Hong Kong’s, Victoria Harbour, Hong, Beijing, Washington, Asia
Building a career in travel and hospitalityOn return from my travels, I moved to London and pursued my then-dream career in hospitality. Coaching others on their journeysIn 2013, I decided to set up my own PR agency as a foreigner in Singapore. So I got my coaching qualifications, saw a renowned Buddhist Meditation Teacher to learn mindfulness and meditation, and learned other tools to complement my coaching method. If you or someone you know is experiencing depression or has had thoughts of harming themself or taking their own life, get help. Help is also available through the Crisis Text Line — just text "HOME" to 741741.
Persons: , Lydna Williams, Lynda Williams, Maybourne, I'd, wasn't Organizations: Service, Business, UNESCO Heritage, Group, Aman Resorts, International Association for Suicide Prevention Locations: Asia, Australia, South America, Sydney, London, Washington, Brazil, Singapore
A new Netflix docudrama, “ Einstein and the Bomb ,” uses footage and reenactments of the famous scientist and his shifting view of nuclear weapons. It quotes his 1945 Nobel Prize address expressing concern over the future use of nuclear weapons, saying, “The war is won, but the peace is not.”Albert Einstein warned that nuclear weapons could lead to the end of humankind. The general public, and even many men in positions of authority, have not realized what would be involved in a war with nuclear bombs. But we now know, especially since the Bikini test, that nuclear bombs can gradually spread destruction over a very much wider area than had been supposed. Although an agreement to renounce nuclear weapons as part of a general reduction of armaments3 would not afford an ultimate solution, it would serve certain important purposes.
Persons: Einstein, Roosevelt, , Albert Einstein, Bertrand Russell, Russell, Franklin D, “ Einstein, , ” Albert Einstein, Stringer, Joseph Rotblat, Rotblat, Frederic Joliot, Curie, Linus Pauling, , White Organizations: Service, Einstein, Manhattan Project, Manhattan, Netflix, Central Press, Science, World Affairs, Communist Locations: Germany, Hiroshima, Nagasaki, Manhattan, London , New York, Moscow, East, West, Pearl
China calls the C919, which can carry just under 200 passengers, its first large homegrown passenger jet. It s certified to carry passengers only within mainland China and flies with China Eastern Airlines. The C919’s overseas debut comes at a time when Boeing is making headlines for all the wrong reasons. “There is a lot of interest to see the actual aircraft, how it performs and how it is in flight,” he said. “It will become a competitor in a small way, but it won’t be in the same league as Airbus and Boeing,” he said.
Persons: Cindy Koh, Shukor Yusof, , Edgar Su, Yusof, TransNusa Organizations: Hong Kong CNN, Boeing, Airbus, Singapore Airshow, Commercial Aircraft Corporation of China, China Eastern Airlines, Singapore’s Economic, Board, Sunday, Max, Air, Endau, Singapore, Reuters, Center for Strategic, International Studies, American Locations: China, Hong Kong, Western, Air Alaska, United States, Washington, Hong, Victoria, Beijing, Southeast Asia, Africa, Central Asia, Indonesian
Handshake agreementThe Slezyckis love watching the sunrise from their waterfront home in the Bahamas. ”But we do it once a year.”Storm damageSadly their home was destroyed when Hurricane Dorian hit in 2019. Nobody was [left] unscathed.”Unfortunately, the Slezyckis weren’t able to return to Great Guana Cay for a while as the nearest airports had also been damaged by the storm. “No crowds, no traffic, no road rage, little to no crime.”Although the hurricane devastated Great Guana Cay, the island has since recovered, and “in some ways is better than ever,” says Norvell. We’re really spread out over here.”In 2020, she launched a TikTok account, SouthPauseIslandGirl, on the suggestion of her niece, and eventually began posting about Great Guana Cay.
Persons: CNN — They’d, Mark Slezycki, , ” Norvell, they’d, , , Mark, Norvell, ’ ”, you’re, Mark “, Hurricane Dorian, Norvell Slezycki, Dorian, “ We’ve, they’ve, Kim Kardashian, Tom Brady, “ It’s, It’s, We’re, she’s, it’s, “ There’s, “ You’ve, you’ve Organizations: CNN, CNN Travel, , Fort, Fort Lauderdale Executive, Ocean, Ocean Club, US State Department Locations: Bahamas, Norvell, New York City, Nassau, Florida, Guana, Abaco, Lighthouse Point , Florida, Pompano Beach, Fort Lauderdale, Treasure Cay, , , Marsh Harbour, Great, New Providence, Freeport
In Bal Harbour, Fla., an oceanside village north of Miami Beach, a luxury mall says it wants to help tackle one of the nation’s — and Florida’s — most intractable problems: a lack of affordable housing. It is an unexpected move for a retail temple where Gucci, Chanel and Rolex are on offer. Affordable? But in a rare instance of bipartisan agreement, the Florida Legislature passed a law last spring intended to encourage projects like the one that the owner of the mall, Bal Harbour Shops, has in mind. And nowhere has seen more backlash to date than little Bal Harbour.
Persons: Chanel Organizations: Miami Beach, Rolex, Florida Legislature, Locations: Bal Harbour, Fla, oceanside, Miami, Florida, Bal
This is the world’s rarest passport
  + stars: | 2024-02-01 | by ( Lola Méndez | ) edition.cnn.com   time to read: +7 min
CNN —The Sovereign Military Order of Malta – also known as the Knights of Malta – isn’t just a religious Catholic order with nearly 1,000 years of history. After World War II, the use of the diplomatic passport took on characteristics of passports used in other countries. Today, there are only around 500 of the diplomatic passports in circulation – making it the rarest passport in the world. robertharding/Alamy Stock Photo“The Order grants passports to members of their government for the duration of their mandate,” de Petri Testaferrata says. Once when I arrived at the Bangkok airport, a crowd of operators at passport control wanted to see my rare passport and take a selfie with it,” Balfour tells CNN.
Persons: Malta –, It’s, King, Spain, Napoleon Bonaparte, Daniel de Petri Testaferrata, Angelo, ” de Petri Testaferrata, Marianna Balfour, “ They’ve, ” Balfour, De Petri Testaferrata, John Kellerman, Anne, de Valette, Paschal II, ” Dane Munro, Don’t, Grand, Michelangelo Merisi da Caravaggio, Caravaggio, St John’s, St John ”, Finnbarr Webster, Casa Rocca Piccola, de Piro, Munro, Marquis Nicholas de Piro, Knight of Malta Don Pietro Rosselli Organizations: CNN, Knights, Knights of Malta – isn’t, United Nations, Sovereign Council, Souverain, Fort, UNESCO, , Casa Magazzini, National Library of Malta, of, Supreme, Grand Masters, of Ambassadors, St, Maltese Association of Locations: Malta, Knights of Malta, Jerusalem, Maltese, Rome, of Malta, St, robertharding, Bangkok, France, United Kingdom, United States, Knights, Valletta, Mdina, Knight
Wall Street is shaking off Starbucks' weak quarterly report, seemingly taking executives at their word that the company's challenges are "transitory." The coffee giant's stock ticked higher in morning trading, hours after it reported fiscal first-quarter earnings and revenue that missed Wall Street's estimates and lowered its full-year sales outlook. Morgan Stanley analyst Brian Harbour wrote in a note to clients that the company's earnings per share and U.S. same-store sales growth was better than some had feared, "likely supporting the stock." Executives also tried to convey that those challenges are expected to subside as fiscal 2024 progresses. While Starbucks lowered its full-year outlook for revenue and same-store sales growth, it reiterated its forecast for fiscal 2024 earnings per share growth.
Persons: Morgan Stanley, Brian Harbour, Laxman Narasimhan, Andrew Strelzik, William Blair, Sharon Zackfia Organizations: Starbucks, BMO Capital Markets Locations: U.S, Israel, China
Monday night’s attack was the first in Sydney Harbour since 2009, when a bull shark tore off the arm of an Australian Navy diver near Green Island. “Sydney residents do love swimming in Sydney Harbour. Dan Himbrechts/EPA-EFE/ShutterstockWarmer waters mean more sharksAustralia is second only to the United States when it comes to “unprovoked” shark attacks, according to the International Shark Attack File. January and February are peak months for bull sharks in Sydney Harbour, which go there to feed and breed during the warmer months. Despite the frequency of visits by bull sharks to Sydney Harbour, there’s no separate system to monitor them.
Persons: Lauren O’Neill, Elizabeth Bay, Linda Scott, , , Gerard Soury, Michael Porter, ” Porter, Fiona Crago, ” Crago, Dan Himbrechts, Amy Smoothey, Smoothey, ” Smoothey, Scott Organizations: Australia CNN, Sydney Harbour, Opera, Sydney, Australian Navy, CNN, Bank, Sky News, Local, Tweed Heads, NSW Department of Primary Industries, East Australian Locations: Brisbane, Australia, Sydney, Elizabeth, Sydney Harbour, Green Island, Potts Point, Elizabeth Bay, United States, New South Wales, Bega, Tweed, Queensland, there’s, NSW,
Shark Attacks Woman Swimming in Sydney Harbour
  + stars: | 2024-01-29 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: +1 min
SYDNEY (Reuters) - A woman swimmer was seriously injured in a shark attack in Sydney Harbour and had been taken to the hospital in a stable condition, authorities said on Tuesday. Police said they had been told the woman was swimming off the wharf when the shark attacked her. While shark sightings along Sydney's ocean-facing beaches are common, attacks in its iconic harbour are rare. Monday's incident took place near the Opera House and Harbour Bridge. "Shark bites are really rare ... the last incident that occurred in Sydney Harbour was in 2009," Amy Smoothey, senior shark scientist at the New South Wales department of primary industries, told the Australian Broadcasting Corp.Based on the bite patterns and images provided, the woman was likely attacked by a bull shark, Smoothey said.
Persons: Amy Smoothey, Smoothey, Renju Jose, Michael Perry Organizations: SYDNEY, Police, Opera, New South, Australian Broadcasting Corp Locations: Sydney Harbour, Elizabeth Bay, New South Wales, Sydney
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