Daily brief: Top 7 business stories for today
Here are the top seven business stories you need to know today.
WEF meeting opens in Dubai today
The Dubai meeting for Global Future Councils opened today. The meeting gathers more than 700 experts from around the world and is aimed at developing ideas and strategies for the Fourth Industrial Revolution.
Kerry: Obama administration to push climate change before Trump takes office
The Obama administration will do all it can to implement a global agreement to combat climate change before new President-elect Donald Trump takes office, US Secretary of State John Kerry said.
Sources say Trump is looking for a fast way to quickly quit the Paris Agreement, according to Reuters. (More about this here)
Turkey issues travel warning to US over Trump protests
The Turkish government has issued a travel warning to its citizens, advising them against visiting the United States thanks to the anti-Trump protests now taking to the streets in the US.
“Within the context of risks caused by the incidents and of social tension, our citizens who live in the US, or who are considering traveling there, should be cautious,” the ministry said in a statement.
Instagram introduces new tools, includes links
Instagram introduced few tools including Boomerang, allowing users to combine many images into a short clip; Mentions, which allows users to mention friends in their stories; and links, allowing verified accounts to add links to each post.
Iran to OPEC: output highest since sanctions ended
Iran told OPEC it boosted oil output to the highest levels since sanctions ended, after Iran and six world nations reached a nuclear agreement, in exchange for the lifting of some economic sanctions.
(The latest in OPEC here)
Dubai Watch Week set to begin on Tuesday
The second edition of Dubai Watch Week, a leading regional gathering for watchmaking brands, connoisseurs and collectors, is set to start its activities on Tuesday. Holding numerous panel discussions, master classes, creative hubs and exhibitions, the event, organised by retail group Ahmed Seddiqi & Sons, is expected to transform the emirate of Dubai into a watchmaking hub.
(Dubai Watch Week: All you need to know about the event here)
Emirates fleet: All Airbus A380 and Boeing 777
Dubai-based airliner, Emirates, recently retired the last of its Airbus A330-200 and A340-300 aircrafts, and is set to become wholly dependent on Airbus A380 and Boeing 777.