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CBS CEO Leslie Moonves resigns after 12 women make 'appalling' sexual harassment claims - Dotemirates

CBS CEO Leslie Moonves resigns after 12 women make 'appalling' sexual harassment claims

Close Leslie Moonves Faces New Harassment Claims As He Departs From CBS Getty Images/Reuters NEW YORK — The #MeToo movement fighting sexual misconduct had already claimed one of Hollywood's top movie moguls in Harvey Weinstein. Now it has done the same for Leslie Moonves, one of the television industry's most powerful executives.The CBS Corp. announced its chairman's exit Sunday night, hours after The New Yorker magazine posted a story with a second round of ugly accusations against Moonves. A total of 12 women have alleged mistreatment, including forced oral sex, groping and retaliation if they resisted him. Moonves denied the...


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16/02/2019

ECI to secure $3 billion exports, re-exports of UAE-based nonoil firms

DUBAI —By setting a target to support$3 billion worth of non-oil exports and re-exports, Etihad Credit Insurance (ECI) has set a visionary strategy and growth plan aligned with the country’s economic agenda based on the diversification objectives of the UAE Vision 2021, during the recently concluded ECI 2019 Kick-Off Meeting at the Jumeirah Emirates Towers Hotel, Dubai, UAE.The event further highlighted ECI’s goal to support UAE-based companies with over $1.1 billion in exposure and revolving credit limits in 2019. With this, ECI remains committed to its role of assisting UAE businesses which are aiming to enhance their presence regionally and...

How to Pick the Right Motor Oil for Your Car

Given all the motor oil options out there, choosing the right oil for your car might seem like an impossibly daunting task. While there is a mountain of info to learn about the various oil choices, the first step is honestly quite simple: Look in the manual. Your car's owner's manual will list the recommended oil weight, whether that's a standard like 10W-30 or something more unusual. Later on, we'll explain what that weight means and how you should adjust it based on the seasons. But for now, choose an oil with the recommended weight from a brand that displays...
16/02/2019

March 14 – 21: Save the Dates!

Less than 26 days to go for the Special Olympics World Games to be hosted in Abu Dhabi and Dubai. It’s the first time that the event is coming to the Middle East and it’s generating quite the buzz. Close to 7,500 athletes from more than 190 nations will participate in the weeklong event from March 14 to 21. The event will feature 24 sports across 11 venues, including Zayed Sports City, the Yas Marina Circuit, the Dubai Police Academy, the Abu Dhabi Yacht and Sailing Club, among others. The event is expected to draw close to 20,000 volunteers and...

16/02/2019

Chancellor Philip Hammond's visit to China not going ahead

A visit to China by Chancellor Phillip Hammond has been called off amid reports a speech by the UK's defence secretary angered Beijing. There were plans for trade talks between Mr Hammond and senior Chinese government figures during the brief visit next week.But a Treasury spokesperson said: "No trip was ever announced or confirmed."Earlier this week, Gavin Williamson had indicated the UK's intention to send an aircraft carrier to the Pacific.Unconfirmed newspaper reports claimed the Chinese government was unhappy about Mr Williamson's speech on Monday. In it he announced the HMS Queen Elizabeth would be deployed to the region, as...
16/02/2019

Bank lending for ‘real economy’ key to boost China growth: central bank official

SHANGHAI: China should encourage its banks to support smaller, private firms in the real economy, rather than forced lending or policies such as quantitative easing, a state newspaper quoted a central bank official as saying on Saturday.“The central bank doesn’t wish to use administrative methods to require banks (to lend),” Sun Guofeng, head of the monetary policy department at the People’s Bank of China (PBOC), told the Financial News, a bank publication.“It wants to establish positive encouragement mechanisms though monetary policy tools to encourage banks to actively increase their support for the real economy, especially toward smaller and privately-owned firms,”...

Cognizant to pay USD 25 mn to settle India bribery charges

Washington: Major American IT player Cognizant will pay USD 25 million to the US Security and Exchange Commission to settle its India bribery charges, as Department of Justice filed criminal cases against two if its former top executives. The two former executives have been charged for their roles in facilitating the payment of millions of dollars in bribe to an Indian government official, the Security and Exchange Commission (SEC) said. Cognizant has agreed to pay USD 25 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA), the SEC said. The complaint alleges that in 2014, a...