Bloomberg starts second training program for Saudi students in Dubai

Aspiring Saudi journalists attend a training session in the Dubai bureau of Bloomberg News. (Supplied)
Updated 10 September 2018
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Bloomberg starts second training program for Saudi students in Dubai

  • Students learn about data-driven journalism
  • Follows earlier training session in January

LONDON: Bloomberg and the Misk Foundation have begun the second edition of their financial journalism training program in Dubai for Saudi students.
The initiative aims to advance financial education and journalism in the Kingdom through training conducted by Matthew Winkler, Editor-in-Chief Emeritus of Bloomberg News, and more than 20 Bloomberg journalists.
The course is based in Bloomberg’s newsroom in Dubai, where students are learning about Bloomberg’s brand of data-driven journalism in the news organization’s largest Middle East bureau.
“The Saudi participants, whose majors include finance, marketing, communications and politics, were all selected for their strong interest in journalism,” Bloomberg and the Misk Foundation said in a joint statement.
Gulf nationals have historically been under-represented in financial journalism in the region, but efforts are underway to encourage more interest from them as economic diversification efforts target the creation of jobs in financial services and other emerging sectors.
The Bloomberg course gives students an intensive grounding in covering regional markets, reporting on companies and finance, journalistic ethics and principles, and multimedia journalism.
They will also hear directly from several senior Bloomberg News reporters from the Middle East and beyond on their own experiences, including female reporters who will discuss their careers as women in journalism in the region, the statement said.
“I am looking forward to learning more about the actual production element of working in a newsroom,” said Farah Shobokshi, 22, who recently graduated from Northeastern University in Boston and wants to work in TV production.
Some 30 aspiring Saudi journalists — 22 women and eight men — participated in the first edition of the program in January 2018.
It follows a deal between Bloomberg and the Misk Foundation in November 2016 which explores a number of joint initiatives aimed at developing cross-disciplinary and training programs to boost the skills of young media professionals in Saudi Arabia.
Bloomberg and Misk signed another agreement in March 2018 to create financial training programs and finance labs at 30 Saudi Arabian universities.


Ghosn received $9 mln improperly from Mitsubishi-Nissan JV

Updated 54 min 53 sec ago
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Ghosn received $9 mln improperly from Mitsubishi-Nissan JV

  • Ghosn was arrested and detained in Tokyo since Nov. 19
  • He was charged of under-reporting his salary for eight years through March 2018, and temporarily transferring personal investment losses to Nissan during the global financial crisis

TOKYO: Arrested auto executive Carlos Ghosn improperly received $9 million in compensation from a joint venture between Nissan Motor Co. and Mitsubishi Motors Corp, the companies said on Friday.
A joint investigation by the companies has found that Ghosn, ousted as chairman from both automakers, received the compensation without discussing it with the two other board members of the joint venture, Nissan CEO Hiroto Saikawa and Mitsubishi Motors CEO Osamu Masuko.
Nissan holds a controlling stake in Mitsubishi Motors.
Ghosn, arrested and detained in Tokyo since Nov. 19, has been indicted in Japan on charges of under-reporting his salary for eight years through March 2018, and temporarily transferring personal investment losses to Nissan during the global financial crisis.