Change in the top US Republican guard? UBS posts record results, SRK in Dubai, and more, Gulf News Editors comment on September 1 trending news

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Change in the top US Republican guard? UBS posts record results, SRK in Dubai, and more, Gulf News Editors comment on September 1 trending news

Also in focus: Mohammed Salah to join Al Ittihad - Football focus shifts to Middle East

Published: September 01, 2023 12:51 Gulf News Report

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US Senate Majority Leader Mitch McConnell — TOP CONTENDERS FOR MCCONNELL SUCCESSION: US Senator Mitch McConnell's recent health scare has ignited speculation about his potential successors. McConnell, who has led Senate Republicans since 2007 and is the longest-serving Senate leader in history, is facing questions about who could fill his role if he were to step down. The top contenders, informally known as the "Three Johns," include John Thune of South Dakota, the current No. 2 Senate Republican with a traditional conservative background; John Cornyn, a former No. 2 Republican with a strong track record in legal affairs; and John Barrasso of Wyoming, a proponent of energy policy with a favorable relationship with former President Trump, potentially positioned for the role. McConnell's future remains uncertain, but these three individuals are emerging as potential successors in the event of a leadership change. (By Sadiq Shaban, Opinion Editor) Image Credit: AFP

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Stock-UBS — UBS POSTS RECORD BREAKING RESULTS: Zurich-based multinational investment bank UBS Group posted record quarterly profit driven by emergency acquisition of its rival, Credit Suisse. This $29 billion gain stems from the accounting difference between the purchase price of Credit Suisse and its actual balance sheet value. UBS CEO Sergio Ermotti is overseeing one of the largest global finance mergers, forcing 3,000 job cuts in Switzerland alone, with more globally. Despite challenges, UBS now manages over $5 trillion in client assets and is Europe's most highly valued major bank. The full integration of Credit Suisse's Swiss unit is set for 2025. (By Nivetha Dayanand, Web Editor) Image Credit: Shutterstock

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new-lights-in-dubai-by-rta-1693547430882 — GREENER LIGHTING: The Dubai Roads and Transport Authority (RTA) has undertaken a significant and commendable initiative by replacing 2,000 traditional lighting units with energy-efficient LED lights. This endeavour is a testament to the RTA's commitment to enhancing energy efficiency, durability, and reducing environmental impact. The six-month-long project on Airport and Al Ittihad roads involved re-engineering the lighting units to integrate sustainable, eco-friendly, and highly efficient LED lights. Additionally, these upgraded LED lamps provide superior brightness and colour precision, enhancing nighttime visibility and road safety for motorists. This not only extends the lifetime of assets but also contributes to substantial energy savings. This transition aligns with RTA's vision and Dubai's environmental commitment. Coupled with smart systems, glare reduction, and cost-effectiveness, this initiative sets a stellar example of sustainability and innovation for a greener future. (By Jay Hilotin, Senior Assistant Editor) Image Credit:

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SALAH — FOOTBALL FOCUS SHIFTS TO THE REGION: Saudi Arabia’s football league is getting better by the day. With for a reported transfer fees of £150 million from English Premier League giants Liverpool. The list seems to be growing and the huge shift in standards will make the Saudi players play a different level, which in turn will be a big boost in the region in particular and Asia on a larger scale. The goal posts are shifting, bringing more focus and attention to the region. (By A.K.S. SATISH, Sports Editor) Image Credit: AFP

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SHAH RUKH KHAN / BURJ KHALIFA — SRK IN DUBAI: Shah Rukh Khan's visit to Dubai yesterday to unveil the trailer of his upcoming film ‘Jawan’ underlined his enduring star power. Thousands of ardent fans gathered at the Burj Khalifa on August 31 to catch a glimpse of their beloved matinee idol. Sporting a red jacket, black T-shirt, and jeans despite the heat, Khan's presence exuded charisma. With a wry smile, he quipped, "It's very hot in this red jacket that I told everyone to wear... But enjoy the trailer." But the highlight was when he delivered a dialogue from his new film about safeguarding his son's dignity—a sentiment connected to real-life events. The lines where he delivers a warning that his on-screen enemies should talk to the father, before attacking his son was met with resounding cheers. Ever since his elder son Aaryan got embroiled in a drugs-on-cruise case, Khan has been silent about the issue. But his reticence and his unwillingness to be drawn into any controversy seems to have dissipated yesterday in Dubai. While Khan’s propensity to hit back through bombastic dialogues is questionable, there’s still vicarious fun to be had. (By Manjusha Radhakrishnan, Entertainment Editor) Image Credit: Supplied

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