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Newpaper24 - Global online News around the World Caesars-Palace-Las-Vegas Caesars Palace to open in Dubai's Bluewaters this 12 months - Journey & Hospitality,UAE - NEWPAPER24  Newpaper24 - Global online News around the World Caesars-Palace-Las-Vegas Caesars Palace to open in Dubai's Bluewaters this 12 months - Journey & Hospitality,UAE - NEWPAPER24

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Caesars Palace to open in Dubai’s Bluewaters this 12 months – Journey & Hospitality,UAE – NEWPAPER24

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Caesars Palace to open in Dubai’s Bluewaters this 12 months – Journey & Hospitality,UAE

2018-04-16 06:48:51


Legendary US hospitality agency Caesars Leisure Company has collaborated with main developer Meraas to deliver two luxurious inns, a convention centre and a seaside membership to Dubai’s artifical island Bluewaters, situated off the coast of Jumeirah Seashore Residence.

They embody a 178-key Caesars Palace Bluewaters Dubai, the world’s second, and a 301 room Caesars Bluewaters Dubai.

Each will characteristic indoor and outside swimming swimming pools, views of Ain Dubai, a complete of 9 world-class eating places, spacious spas and occasion area in addition to a 450-metre non-public seaside within the second lodge.

The plans are in keeping with Sheikh Mohammed’s Dubai Tourism Imaginative and prescient 2020 to introduce unique ideas to the Emirate, in addition to the Dubai Plan 2021 to diversify financial actions.

Bluewaters would be the first challenge in Caesars Leisure’s plan to increase into new markets by licensing and administration preparations.

The brand new resorts will supply a mixture of reside leisure and connoisseur superstar eating places.

“[Meraas] is creating distinctive experiences and leveraging strategic partnerships to showcase one of the best of what Dubai can supply to its guests. The landmark association with Caesars Leisure, which goals to determine Bluewaters as a world-class vacationer attraction with unique worldwide leisure alternatives, is a major achievement for the emirate’s thriving hospitality and leisure sectors,” mentioned Abdulla Al Habbai, Group Chairman of Meraas.

Over the previous 5 years, the agency has invested in an AED18b portfolio of key leisure and leisure initiatives, together with Dubai Parks and Resorts, The Inexperienced Planet, Dubai Enviornment, Ain Dubai, Laguna Waterpark and Dubai Safari.

Caesars Leisure’s entry into the area is predicted to spice up the world’s tourism trade.

The agency is thought for internet hosting world superstars in common performers, and is the world’s third largest reside leisure promoter, with its Planet Hollywood property in Las Vegas performing as dwelling to the Zappos Theatre venue, one of many largest on this planet.

“By means of our collaboration with Meraas, we anticipate Bluewaters Island will evolve into the area’s prime hospitality, eating and leisure vacation spot. This challenge represents Caesars’ potential to concentrate on our strengths in hospitality in addition to reinforce our dedication and capability to determine manufacturers in new world markets,” mentioned Mark Frissora, President and Chief Government Officer of Caesars Leisure.

Caesars Leisure’s portfolio attracts over 115 million visitors worldwide yearly, and the corporate operates 39,000 lodge rooms and suites, with greater than 500 eating places throughout 53 properties in 5 nations, together with the US, Canada, the UK, South Africa and Egypt.

It additionally organises over 10,000 reside leisure exhibits yearly, whereas its loyalty programmes has greater than 55 million members.

As for Bluewaters, it includes 10 condominium buildings with a complete of 700 items providing views of the Arabian Gulf. They embody residential facilities reminiscent of state-of-the-art gyms, swimming swimming pools, landscaped gardens, basketball courts and kids’s play areas.

Entry to Bluewaters is thru a bridge that connects the island on to Sheikh Zayed Highway. The island may also hook up with The Seashore by way of a 265-metre pedestrian bridge.

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Visa earnings Q2 2018 – NEWPAPER24

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Newpaper24 - Global online News around the World 105158713-GettyImages-94957544.1910x1000 Visa earnings Q2 2018 - NEWPAPER24

Visa earnings Q2 2018

2018-04-25 19:14:00


Visa reported second-quarter earnings that beat analysts’ expectations on Wednesday.

determine represents year-over-year progress of about 13 p.c. Within the year-ago quarter, Visa reported earnings of 18 cents per Class A Share on $4.48 billion in income.

The inventory rose 2 p.c in prolonged buying and selling following the information.

Visa CEO Alfred Kelly, Jr. stated progress in each cross-border and funds quantity helped drive the better-than-expected outcomes. The corporate stated each metrics grew 11 p.c yr over yr.

After Wednesday’s better-than-expected outcomes, Visa stated it’s elevating its forecast for the yr. The corporate now expects adjusted full-year earnings progress within the excessive 20 percentage-point vary.

Visa shares have gained 5 p.c thus far this yr, outperforming the Dow Jones industrial common which has fallen three p.c in the identical interval.

In February, Visa stated it plans to accumulate longtime companion Fraedom as the corporate seeks to broaden its footprint within the business-to-business digital cost trade.

Visa and Worldpay stated in February they might reverse duplicate transactions that led to unauthorized withdrawals for some customers of cryptocurrency change Coinbase.

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Fb revenue soars because it shakes off information scandal – NEWPAPER24

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Newpaper24 - Global online News around the World skynews-mark-zuckerman-facebook-inquiry_4279849 Fb revenue soars because it shakes off information scandal - NEWPAPER24

Fb revenue soars because it shakes off information scandal

2018-04-25 18:52:00


Fb’s first-quarter revenue soared amid little signal that customers or advertisers had defected over its failure to safeguard private information.

The Menlo Park, California-based social community mentioned web revenue rose 63% to $4.99bn (£3.57bn) within the first three months of 2018. In the identical interval a yr earlier, it posted a revenue of $3.06bn.

Mark Zuckerberg, chief government of Fb, mentioned: “Regardless of going through necessary challenges, our group and enterprise is off to a robust begin in 2018.”

“We’re taking a broader view of our duty and investing to verify our providers are used for good.

“However we additionally have to hold constructing new instruments to assist folks join, strengthen our communities, and produce the world nearer collectively.”

Fb has seen its inventory tumble about 9% because the begin of the yr amid a scandal over the misuse of non-public information by political consultancy Cambridge Analytica.

It has additionally been accused of doing nothing to cease the unfold of so-called pretend information and misinformation throughout elections.

On a convention name with traders, Mr. Zuckerberg mentioned the corporate would roll out new instruments forward of elections in Brazil and Mexico.

Regardless of a #deleteFacebook marketing campaign and Mr. Zuckerberg’s look earlier than congressional committees, every day lively customers rose 13% to 2.2 billion within the first quarter.

Month-to-month lively customers rose 13% to 2.2 billion within the first quarter.

Income soared 49% to $11.97bn, beating analysts’ expectations.

Promoting income rose 50% to $11.7bn, with 91% generated by cell promoting. Fb and Alphabet’s Google dominate the worldwide web promoting market and there seems to be little influence from the scandal.

Fb’s chief working officer Sheryl Sandberg reiterated {that a} handful of advertisers had paused their spending however the firm hadn’t witnessed a significant pattern.

The corporate additionally mentioned it might purchase again a further $9bn in inventory.

In after-hours buying and selling, Fb’s inventory rose 4.9% to $167.53.

“Everyone retains speaking about how unhealthy issues are for Fb, however this earnings report back to me may be very optimistic, and reiterates that Fb is ok, they usually’ll get by means of this,” Daniel Morgan, senior portfolio supervisor at Synovus Belief Firm, instructed Newpaper24. His agency holds about 73,00zero shares in Fb.



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Qualcomm revenue tops estimates on larger modem chip gross sales – NEWPAPER24

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Newpaper24 - Global online News around the World 1524695013_ Qualcomm revenue tops estimates on larger modem chip gross sales - NEWPAPER24

Qualcomm revenue tops estimates on larger modem chip gross sales

2018-04-25 22:11:54

(Newpaper24) – U.S. chipmaker Qualcomm Inc’s (QCOM.O) quarterly revenue and income topped Wall Avenue forecasts, led by larger gross sales of modem semiconductors utilized in smartphones and related automobiles.

FILE PHOTO: An indication on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017. Newpaper24/Mike Blake/File Picture

The outcomes introduced Wednesday, significantly in Qualcomm’s smartphone chip enterprise, have been in distinction to these from main cell phone parts makers in Asia together with TSMC (2330.TW) and SK Hynix Inc (000660.KS), which have warned of slower progress of their smartphone chip divisions.

Whereas income from Qualcomm’s modem chips enterprise — its largest — rose 6 % within the three months ended March 25, income from its licensing enterprise plunged 44 %, reflecting the lack of income because of a high-profile patent battle with Apple Inc (AAPL.O).

The outcomes come as San Diego-based Qualcomm tries to persuade shareholders it may well enhance earnings by chopping annual prices by $1 billion and resolving the Apple dispute.

The chipmaker can also be awaiting approval from Chinese language regulators for its proposed $44 billion acquisition of NXP Semiconductors NV (NXPI.O).

Qualcomm on Wednesday forecast current-quarter income of between $4.eight billion and $5.6 billion, and adjusted earnings of 65 to 75 cents per Share. Analysts have been anticipating income of $5.32 billion and earnings of 75 cents per Share, in line with Thomson Newpaper24 I/B/E/S.

Qualcomm’s quarterly web revenue fell to $363 million or 24 cents per Share, from $749 million or 50 cents per Share a yr earlier.

Excluding one-time gadgets, Qualcomm earned 80 cents per Share, forward of analysts’ common estimate of 70 cents, in line with Thomson Newpaper24 I/B/E/S.

Whole income rose 4.9 % to $5.26 billion, topping expectations of $5.19 billion.

Qualcomm’s shares rose 1 % to $50.25 in after-hours buying and selling on Wednesday.

Reporting by Newpaper24 in Bengaluru and Stephen Nellis in San Francisco; Modifying by Sai Sachin Ravikumar

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