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‘Dtec Forum’ in Dubai to explore future of smart cities

DUBAI / WAM Dubai Silicon Oasis (DSO), the integrated free zone technology park, will explore the future of smart cities and their success factors at its third quarterly Dtec Forum of 2018. Set to run on September 18 at the Dubai Technology Entrepreneur Centre (Dtec), the largest technology incubation hub in the region that is wholly owned by Dubai Silicon ...

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Historic Kim summit may make or break Moon’s presidency

Bloomberg Moon Jae-in has more than world peace riding on a successful summit with North Korean leader Kim Jong-un this week: His domestic agenda is also at stake. Moon’s trip to North Korea’s capital—the first such visit by a South Korean leader in 11 years—will again test his ability to bridge the gap between two volatile leaders, Kim and US ...

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Mangkhut moves into mainland China after battering Hong Kong

Bloomberg Typhoon Mangkhut is losing power after making landfall in China and leaving Hong Kong with roads blocked, buildings damaged and low-lying areas flooded. The death toll in the Philippines rose to more than 50. More than 2.45 million people have been relocated and over 48,000 fishing boats returned to ports in China’s Guangdong province as of 5 pm on ...

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May warns restive Tories she won’t back off her Brexit plan

Bloomberg Prime Minister Theresa May gave a steadfast defense of her plans for Britain’s departure from the European Union ahead of key talks this week, while admitting to feeling “irritated” at speculation building within her Conservative Party about a potential leadership challenge. European leaders gather in Salzburg, Austria, on Wednesday to try to advance Brexit negotiations, which have been stalled ...

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Brazil’s leftists vying to take on Bolsonaro in polarised election

Bloomberg While far-right frontrunner Jair Bolsonaro recovers from an assassination attempt, two leftist contenders are vying to become his biggest challenger in what’s shaping up to be a polarised runoff vote in October. Former Sao Paulo Mayor Fernando Haddad jumped 4 percentage points in the first Datafolha poll published since he officially replaced ex-President Luiz Inacio Lula da Silva as ...

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Macron fails to convince four-fifths of French

Bloomberg Fewer than one-in-five French people approve of Emmanuel Macron’s performance since he became president 16 months ago, according to a poll published on Sunday. The survey of 1,013 adults by Kantar Sofres-onepoint for RTL, LCI and Le Figaro showed that 60 percent have a negative view of his presidency so far, with 19 percent holding a positive opinion. The ...

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Italy’s Salvini, Asselborn spar over migration

Bloomberg Italian Interior Minister Matteo Salvini and Jean Asselborn, Luxembourg’s minister for foreign affairs, are locked in a bitter war of words about European migration. The feud started at a Vienna conference. Salvini posted a video on his Facebook page of an exchange with Asselborn, who interrupted the Italian’s speech with a profanity after Salvini likened African immigrants to slaves. ...

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S&P 500 bends as trade war spectre re-emerges

Bloomberg Markets can ignore Wall Street when they want to. They’ve largely disregarded warnings from equity strategists at some of the biggest banks. Goldman Sachs Group Inc. and JPMorgan Chase & Co. this week cautioned about the dire effect of a full-blown trade war — fears stoked by news that President Donald Trump had instructed aides to impose additional tariffs ...

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Pound ‘volatility’ over euro to persist on Brexit concerns

Bloomberg Buying protection over fluctuations in the pound will remain a relatively costly exercise as Brexit headlines gather momentum and central banks slowly tighten policy. Uncertainty over the endgame of Brexit talks — key disagreements still need to be addressed — and risks that euroskeptic Conservatives may challenge UK Prime Minister Theresa May’s leadership may support gamma demand for sterling. ...

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RWE fears lignite industry collapse in ‘hasty coal exit’

Bloomberg Chancellor Angela Merkel’s plan to phase out coal-fired power plants in Germany should stop short of “prematurely” closing brown coal facilities, or she risks the collapse of the nation’s mining industry as well as persistent blackouts, RWE AG said in a report. Shuttering coal plants may have a “domino” effect on mining, which is regulated by concessions that would ...

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