Uber announces deal to sell stake to Japan's SoftBank
Ride-sharing company Uber
New York - AFP
Ride-sharing company Uber on Sunday announced it had entered into a deal that will allow Japan's SoftBank to acquire a stake in the firm.
"We've entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment," a company statement said.
"We believe this agreement is a strong vote of confidence in Uber's long-term potential," it added.
"Upon closing, it will help fuel our investments in technology and our continued expansion at home and abroad, while strengthening our corporate governance
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Dow ends above 25,000 for 1st time, extending US stocks rally
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With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she ledGMT 13:06 2012 Thursday ,14 June
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Hamdallah, Singapore Prime Minister meet
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16 police patrols deployed in Dubai's tourist areas, malls
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Australia keen on fostering cooperation with Al Azhar
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Ukraine probes arms depot explosion, military blames 'sabotage'
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Rousseff urges vote against impeachment
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Germany loans Lithuania 'birth certificate'
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Elderly woman feared killed by crocodile in Australia
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National Pavilion UAE’s Venice Internship now open
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Agony for UAE and Abdulrahman as Oman capture the Gulf Cup of Nations title
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5 Natural home remedies to stop hair loss
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Mario Centeno, the 'Ronaldo' of the eurozone
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Tadweer launches second e-Services edition
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Electricity Minister receives German ambassador
GMT 12:24 2017 Tuesday ,17 October
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University of Bahrain designs an Academy for Air Force
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ECB opens central bank forum under shadow of Brexit
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Top general's candor: No strategy against Daesh in Libya
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UN vote Friday on measure to weaken Iraq Islamists
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UAE Ambassador, Mongolian minister discuss cooperation
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Singaporean president visits Giza pyramids plateau
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