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Covid-19: Sharjah Police witnesses 21,000 violations

Sharjah / WAM The Labour Accommodation Inspection Committee of the Sharjah Police, SP, recorded more than 21,000 violations against Covid-19 precautionary measures during its inspection campaigns at labour accommodations in various areas of the emirate of Sharjah. Brigadier Dr Ahmed Saeed Al Naour, Director-General of Central Operations in the Sharjah Police, and Chairman of the Executive Committee for Emergency, Crisis ...

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MoE implements ‘Alef Platform’ in all public schools

Abu Dhabi / WAM The Ministry of Education (MoE) announced the implementation of the “Alef Platform” in all UAE public schools, which will allow the ministry to use the Alef Platform to achieve its goals of developing a digital education system capable of adapting with all possible changes caused due to Covid-19 pandemic and turn the challenges faced in distance ...

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Veolia to buy Engie’s Suez stake in prelude to full takeover

Bloomberg Veolia Environnement SA will buy a 29.9% stake in Suez SA from Engie SA for 3.4 billion euros ($4 billion), setting the stage for a full takeover — and potentially a long and acrimonious corporate battle. Engie’s board agreed to sell the stake after Veolia increased its price for its holding by 16% and offered guarantees on employment. A ...

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ConocoPhillips in talks to buy Concho

Bloomberg ConocoPhillips is in talks to acquire rival Concho Resources Inc, according to people familiar with the matter, as one of America’s largest independent oil explorers looks to make a bold bet on shale during an historic industry downturn. The companies may announce a deal in the next few weeks, said the people, who asked to not be identified because ...

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Trump can’t ignore vote results without help

President Donald Trump took a tiny step back from his repeated refusals to say he’ll leave office if he loses the election. Yet he continued to portray a fair election as nearly impossible. The result is to continue to cast doubt on the election result and give himself room to challenge it if he loses the election “unfairly.” These claims ...

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How Monte Paschi damaged Italy

Another year, another conviction for yet another set of former managers of the world’s oldest bank. From afar, the Byzantine tale of Banca Monte dei Paschi di Siena SpA’s repeated failings — shameful as they are — might look like the company’s problem alone. But that isn’t the case. It’s bad enough that the executives who ran Paschi for years, ...

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Amid the travel bans, Singapore gets creative

Affluent, food-loving Singaporeans aren’t averse to spending $500 on a meal. But generally, they expect that it’ll come with a bit of ambience. Thanks to the pandemic, that has been lowered. Singapore Airlines Ltd sold out seats to eat lunch on a grounded jet at the airport. Tickets ranged from $40 for economy to $474 for a private suite. Demand ...

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EU is putting Johnson in a dangerous corner

Like so many Brexit moments that are telegraphed as decisive, Boris Johnson’s October 15 deadline for a trade deal came and went. That the two sides are still talking points to the core fact of this negotiation: It’s in both of their interests to find agreement. That doesn’t mean a trade deal is guaranteed. As with negotiations during Theresa May’s ...

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Boeing’s 737 Max is safe to fly, says Europe’s regulator

Bloomberg Europe’s top aviation regulator said he’s satisfied that changes to Boeing Co’s 737 Max have made the plane safe enough to return to the region’s skies before 2020 is out, even as a further upgrade his agency demanded won’t be ready for up to two years. After test flights conducted in September, EASA is performing final document reviews ahead ...

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Singapore-HK air fares jump 40% on ‘bubble’

Bloomberg The cost of air tickets between two major Asian financial hubs jumped within 24 hours of Singapore and Hong Kong unveiling plans for a travel bubble that wouldn’t require people to quarantine upon arrival. The cheapest price for a Singapore Airlines Ltd return economy seat to Hong Kong was S$558 ($410) up until the end of December, versus around ...

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