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StanChat, Transguard partner for smart cash transaction

  Dubai / Emirates Business Standard Chartered Bank has signed a partnership agreement with leading UAE-based business support provider Transguard Group, which will enable the bank to offer its corporate clients a smarter and more convenient cash solution, by integrating ‘smart’ cash deposit machines with Transguard’s cash in transit (CIT) services. Although efficient connectivity has helped online banking and other ...

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ADNIC to enhance customer service productivity

  Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, recently held a Service Leadership Workshop with world-renowned author and consultant Ron Kaufman to enhance customer service productivity at the firm. The Leadership Workshop, held at the Park Rotana in Abu Dhabi, was offered to all ...

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EU throws down Brexit gauntlet to Britain as talks edge closer

  Bloomberg European Union governments threw down the gauntlet to the U.K. ahead of Brexit talks, listing demands Prime Minister Theresa May must satisfy before they will discuss the trade deal she wants and urging her to be more realistic in her expectations. Any doubts about the scale of the task facing Britain in withdrawing from the EU after four ...

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Japan, Philippines urge US, N Korea to avoid war brink

  Bloomberg Philippines President Rodrigo Duterte joined China in pleading with the leaders of North Korea and the US to tone down their nuclear brinksmanship, even as he agreed with Japanese Prime Minister Shinzo Abe that negotiations to end the standoff would be useless. “We have to caution everybody including those who’d give the advice to the two players because ...

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South Africa’s Phosa accepts nomination for ANC president

  Bloomberg South African businessman Mathews Phosa said he accepted a nomination to stand as president of the ruling African National Congress. Phosa will challenge Deputy President Cyril Ramaphosa and Nkosazana Dlamini-Zuma, a former chairwoman of the African Union Commission, who are seen as the frontrunners to succeed President Jacob Zuma as the party’s leader at a conference in December. ...

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Secret warriors can be blinded by sunlight

  I was one very lucky kid, wrote retired Lt. Gen. Michael Flynn in a 2016 memoir about his bumpy childhood in a working-class Rhode Island family. “I was one of those nasty tough kids, hell-bent on breaking rules for the adrenaline rush and hardwired just enough to not care about the consequences.” Flynn described how he was arrested but ...

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EU sticks with socialism

  For all the ground that traditional socialist parties have lost, the European Union remains a profoundly socialist organization that believes in strong worker rights at the expense of corporations — at least judging from its latest mission statement. The European Commission has presented the final version of the European Pillar of Social Rights, a document in which Commission President ...

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Donald Trump’s tariffs won’t work

  Is imported steel a threat to national security? How about aluminum? The White House has its suspicions, and plans to invoke an arcane statute to investigate. If the probes turn up anything, President Donald Trump will have essentially unlimited power to restrict or limit imports in response. Despite the administration’s claims, this sounds like a pretext for imposing tariffs ...

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Military action will not resolve Korean crisis

  The US has sent aircraft carrier battle group and submarine in the Korean Peninsula; President Donald Trump warned a “major conflict” with North Korea was possible if diplomatic solutions fail; Senator John McCain said the US leader understood that military action was a last resort and Secretary of State Rex Tillerson mounted an effort at the United Nations to ...

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All those bubble sightings turned out to be mirages

  There still hasn’t been anything close to the kind of spectacular bust seen in the early 2000s. As of today, all of the smart people who called a bubble during the past six years are still waiting for their predictions to be borne out Calling bubbles is hard. For example, take tech startups. In 2011, billionaire Mark Cuban — ...

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