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Former central banker Mark Carney has warned there will be “significant stranded assets” in commercial real estate as governments push to reach net zero, highlighting the risks to property owners and lenders from older buildings that cannot adapt.

Jeffrey Gogo is a journalist with 20 years of experience in business, finance, cryptocurrency, and climate change news and analysis.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Hampshire is set to become the first English county cricket club to be owned by an overseas franchise after entering into a “phased acquisition” with the part-owner of Indian Premier League team Delhi Capitals

Subscribe to enjoy similar stories. DUBAI—Weeks after Hamas attacked Israel on Oct. 7, the leader of Lebanese militant group Hezbollah made a thunderous speech to explain why his men are joining the fight against the “Zionist enemy." Israel was “shaking and trembling" in fear, “weaker than a spider’s web," Hassan Nasrallah said.

Subscribe to enjoy similar stories. The recent slew of collaborations between homegrown designers and international brands can be taken as a sign of India’s growing influence in the global fashion and luxury industry. These partnerships, like Sabyasachi x Estée Lauder, Anamika Khanna x H&M, and Rahul Mishra x Tod’s, also showcase the power of Indian creativity and craftsmanship on a global scale.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Azerbaijan, the UAE, and Brazil — the past, current, and next hosts of the UN climate conference — are set to increase their combined oil and gas production by 33 per cent by 2035, contradicting their commitments to lead global efforts for stronger climate action, according to a new analysis. The analysis, compiled by the US-based research and advocacy group Oil Change International using industry data, shows that the UAE and Brazil are on track to increase production by 37 per cent and 38 per cent, respectively, by 2035. Azerbaijan, which will host COP29 in Baku in November, is projected to see a four per cent rise in production. At the last UN climate summit in Dubai in November-December 2023, leaders made a historic commitment to transition away from fossil fuels, triple renewable energy capacity and double energy efficiency by 2030. Oil Change International said that the ongoing expansion of oil and gas investments undermines these commitments.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Aishwarya Rai and Abhishek Bachchan’s marriage status have been the subject of speculation lately. Rumours of a rift between the couple have been rife, as both have been seen at various events sans their wedding ring. However, the ‘Hum Dil De Chuke Sanam’ star has put the rumours to rest (for now), as she appeared wearing her ring in Paris. The diva is all set to grace the fashion runway at the Paris Fashion Week this year. The actress has arrived at the venue with her beloved daughter, Aaradhya Bachchan. She dazzled in a vibrant, multi-colored long coat, looking as stunning as always while walking beside her daughter. Aaradhya, meanwhile, opted for a casual yet graceful look, wearing a pink shirt paired with jeans. One of Aishwarya’s fan clubs posted the videos capturing their appearance on Instagram. Earlier, the ‘Devdas’ actress raised eyebrows as she arrived for an event in Dubai without her wedding ring. Rumors regarding Aishwarya Rai's marriage to Abhishek Bachchan have been circulating, particularly after Abhishek attended an event without wearing his wedding ring. In a video shared on Instagram, Aishwarya received a warm reception from the event organizers, and a fan handed her a bouquet of flowers. As she made her way to her room, holding her daughter Aaradhya close by, Aishwarya appeared striking in a black outfit. However, it was evident that she, too, wasn’t wearing her wedding ring.

Subscribe to enjoy similar stories. From bolstering its India leadership, which includes shedding the image of the company’s Paris office being the nerve centre, to prioritising operating margins, Srinivas Pallia has embarked on an array of changes to script a turnaround for Wipro since he took over as the company’s chief executive about six months ago. Pallia took over as Wipro CEO on 6 April, replacing Frenchman Thierry Delaporte before the culmination of his term.

Air India is planning for a faster upgrade of its in-flight product on its key international routes to US and Europe as the Tata group airline tries to attract premium customers who had till now opted for Middle East carriers like Emirates and Qatar Airways due to higher service standard. The airline is planning to amplify its offerings with first class, on top of a business class in its new A350 planes and is also upgrading cabins in its A320 narrow body aircraft. Simultaneously it has planned to have exclusive lounges for its customers at Delhi, Mumbai, Dubai, London, New York, San Francisco by the end of 2025. “We have been talking about the Air India transformation and took a lot of initiatives, but with our new product people are now able to feel it. We have received good reviews from our customers and they feel that it is the sign of a new Air India which will be ready in next two years,” Rajesh Dogra, Chief Customer Experience Officer at the airline said.

Subscribe to enjoy similar stories. MUMBAI : If your current job is still in the work-from-home (WFH) mode, you may like to explore Dubai's virtual work visa, which offers anyone working remotely residency for a year. You can explore various sights and scenery—man-made beaches, Burj Khalifa, local food and people—while enjoying a long workcation in the United Arab Emirates (UAE) city.

Subscribe to enjoy similar stories. In many Indian homes, children are given a spoon of curd and sugar before they leave home for the exams, symbolising good wishes and an auspicious start. I was fascinated to know that there’s a similar practice in Middle Eastern cultures, where children are given zaatar before exams, which is believed to boost brain power and cognitive performance.

Oberoi Group will no longer manage The Oberoi Beach Resort, Al Zorah, after the contract between the owner investors and the group was terminated, according to sources familiar with the matter. Employees have been formally notified, marking the Oberoi Group’s exit from the UAE market. This move follows a similar transition two years ago when The Oberoi Dubai was rebranded as Anantara Downtown Dubai, with the hotel's management transferred to Minor Hotels.

Singapore, 16 September 2024 — ‘Entertainment Datasphere’ Redacted stunned 320 of web3’s elite with a once-in-a-lifetime sky networking event from Dubai to Singapore on September 15 to attend this year’s TOKEN2049. Throughout the 10-hour flight via Doha, passengers were treated to non-stop entertainment, games, giveaways, networking, and fun, with some of web3’s top KOLs and influencers out of their seats mingling, chatting, dancing, jumping up and down, and chanting “Redacted, Redacted, Redacted,” before touching down at Singapore Changi International airport.

Franck Muller is fully focused on the country, said Erol Baliyan, MD for Middle East, Africa and India at the luxury watch brand in an interview with ET. Ahead of Diwali, Franck Muller hopes to launch its third India focused collection and might also foray into luxury residential real estate here overtime, Baliyan told ET. The Franck Muller Aeternitas at London Gate, Dubai Marina, is set to be the world's tallest residential clock tower with 106 floors. “We are working on a very exclusive project of handcrafted 108 pieces for India and we hope to launch it before Diwali. Our real estate foray has been very successful and we want to do the third project in India. Hopefully, we will have a Franck Muller tower in the skyline in India in future,” he said.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Aishwarya Rai has been spotted in Dubai airport sans her wedding ring once more, triggering separation rumours again. The actress was in Dubai recently to attend the South Indian International Movie Awards (SIIMA). Speculations about her marriage with Abhishek Bachchan have been rife ever since Bachchan appeared at an event without his wedding ring. In an Instagram video, Aishwarya was warmly welcomed by the event organizers, and a fan presented her with flowers. As she walked to her room, holding her daughter Aaradhya close, Aishwarya looked stunning in black, though it was noticeable that she wasn’t wearing her wedding ring. For some time now, Aishwarya has been the subject of divorce rumors. The actress, who has been married to Abhishek Bachchan for over 17 years, sparked separation rumors when she attended a red carpet-event in July without Abhishek by her side. Earlier this year, both Aishwarya and Abhishek were present at the Ambani wedding, but they arrived separately. Although they reunited inside the wedding hall, Aishwarya soon went on a solo vacation after the wedding, fueling more speculation. Adding to the rumors, Abhishek «liked» a social media post about divorce, intensifying the gossip.

property prices can jump beyond your estimates during the auctioning process, especially if there is interest from multiple parties. Since the auctioneer will demand the entire bid amount within 2 to 3 weeks of locking the deal, you are perforce required to set aside adequate funds for the auction purchase.  Generally, loan funds will be hard to come by at the time of purchase; however, a loan against the property (LAP) can be availed once the transfer of property in your name is duly concluded.  Failure to pay the entire purchase price may lead to a substantial forfeiture i.e.