MOCHA / WAM The Emirates Red Crescent (ERC), organised the 20th mass wedding in Yemen under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces; and guidance of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of ...
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Amazon to challenge loss of Pentagon cloud deal in court
Bloomberg Amazon.com Inc has given notice that it will file a lawsuit challenging the Defense Department’s decision to award Microsoft Corp a cloud computing contract valued at as much as $10 billion over a decade. The e-commerce giant plans to lodge its complaint against the contract in the US Court of Federal Claims, Seattle-based Amazon confirmed. The company’s challenge was ...
Read More »Orange working on Africa IPO
Bloomberg Orange SA, France’s dominant phone company, is starting preparations for a potential initial public offering of its Africa and Middle East unit, people familiar with the matter said. The firm has been interviewing advisers for the planned share sale, according to the people, who asked not to be identified because the information is private. Orange is weighing potential listing ...
Read More »Germany likely to impose 5G ban on Huawei
Bloomberg German Chancellor Angela Merkel is coming under pressure from her own party to impose an outright ban on Chinese equipment supplier Huawei Technologies Co from the country’s 5G network. The demand is part of a motion signed by 500 of her fellow Christian Democrats to be presented at the party conference next week, according to a copy obtained by ...
Read More »Uber shares have potential to double: Barclays analyst
Bloomberg Uber Technologies Inc has been on the wrong side of investor sentiment since its debut on the public market this year, and Barclays analyst Ross Sandler said the ride-hailing company could be “one major announcement†away from a change in the narrative. Shares of the company came under significant pressure around the expiry of its IPO lockup period — ...
Read More »FDA nod for Chinese cancer drug in US
Bloomberg The US Food and Drug Administration (FDA) has granted approval to a blood cancer drug from Beijing-based BeiGene Ltd, paving the way for American patients to access a Chinese cancer therapy for the first time. The accelerated approval — ahead of even China’s own national drug regulator — marks a breakthrough for the growing legion of Chinese biotech companies ...
Read More »Sri Lanka’s strongmen seek comeback in presidential vote
Bloomberg Sri Lanka’s 16 million voters were expected to decide on Saturday whether to return to power a family of strongmen that took the nation towards a deep reliance on China or extend the rule of the current government that promises more freedom but failed to avert terror attacks that killed over 250 people in April. Gotabaya Rajapaksa, 70, whose ...
Read More »â€˜US defense-cost hike hurts S Korea alliance’
Bloomberg Democratic Representative Grace Meng said President Donald Trump is destabilising the US’s relationship with South Korea by demanding the Asian country pay a greater share of military costs. Defense Secretary Mark Esper said in South Korea that Seoul needed to contribute more towards the cost of hosting US troops. President Donald Trump has demanded the Asian nation pay about ...
Read More »Bolivia expels ‘diplomats’ in foreign policy shift
Bloomberg Bolivia’s new government has only been in power for three days, yet it’s already turned the nation’s foreign policy on its head, transforming former allies into enemies, and former enemies into friends. The government of interim leader Jeanine Anez is cutting the nation’s close ties with socialist nations such as Venezuela and Cuba, and re-aligning the country’s foreign policy ...
Read More »Trump pardons soldiers accused of war crimes
Bloomberg President Donald Trump granted clemency to two Army officers, one of whom is in prison after being convicted in the killing of two men in Afghanistan. Trump signed an order that gave a full pardon to Lieutenant Clint Lorance, who had ordered soldiers under his command to open fire on three men who were moving towards them on a ...
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