Daily brief: UK unveils Brexit strategy, Facebook CEO in court

January 18, 2017 9:57 am

Stack of newspaper. (Image: Alamy)

The United Kingdom’s Prime Minister, Theresa May, unveiled her big Brexit strategy, ahead of starting discussions with the EU by end of March. Here are the top seven business stories you need to know today.


Facebook’s Zuckerberg questioned over virtual-reality technology

Facebook Inc chief executive Mark Zuckerberg took the witness stand in Dallas federal court on Tuesday and denied an allegation by a rival company that the virtual-reality technology of Facebook’s Oculus unit was stolen.


(Revealed: This is how Facebook plans to fight fake news)


Saudi Aramco to continue building oil, gas capacity to meet demand – CEO

Saudi Aramco Chief Executive Amin Nasser said the state oil giant was working on building its oil and gas production capacity to meet future demand growth.


Senior EU diplomat says Trump cannot renegotiate Iran nuclear deal

A senior European Union diplomat said on Tuesday that the foreign policy team of U.S. President-elect Donald Trump had misunderstood the Iran nuclear deal and that it was not up for renegotiation.


(Italy to push Iran trade ties, undaunted by Trump)


Dubai economy’s growth slows in 2016, government sees pick-up this year

Dubai’s economic growth slowed last year because of low oil prices and sluggish global trade, official data showed on Tuesday, but the government predicted a modest pick-up this year.


UK PM unveils Brexit strategy

Prime Minister Theresa May has set out the principles that will guide her approach to Britain’s withdrawal from the European Union and defined 12 negotiating objectives. She expects to start the negotiations with EU by the end of March.


(Does Britain really have a Brexit plan?)


Lufthansa not in talks with Etihad over stake: sources

Germany’s Lufthansa is not in talks about Etihad Airways taking a stake in the German airline, two sources familiar with the matter said on Tuesday, denying an Italian newspaper report that said it was.


Istanbul nightclub attacker from Uzbekistan, admits guilt: governor

The suspected gunman who killed 39 people in an Istanbul nightclub on New Year’s Day was born in Uzbekistan and received training in Afghanistan, Istanbul Governor Vasip Sahin said on Tuesday after police caught him in a city suburb.


(With Reuters)


AMEinfo Staff
By AMEinfo Staff
AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.