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Bloomberg Prime Minister Narendra Modi arrived in the US a day after delivering a $20 billion tax-cut stimulus for companies, which strengthens his pitch to American chief executives about the ease of doing business in India. His government cut corporate taxes to rival some of the lowest in Asia, helping India compete with the likes of Vietnam and Indonesia to ...

Bloomberg There’s nothing quite like a massive coal rail to demonstrate China’s loyalty to the dirtiest of fossil fuels. Almost a decade in the making, the nearly $30 billion Haoji Railway will start around the end of this month and eventually haul as much as 200 million tons from key producing regions in the north to consumers in the south. ...

Bloomberg The Port of Dover — through which a sixth of the UK’s trade in goods flows — can cope with any disruption thrown up by a no-deal Brexit, Chief Executive Officer Doug Bannister said, suggesting some of the direr predictions of chaos are wide of the mark. “The Port of Dover is 100 percent ready,” he said in an ...

Bloomberg Google will invest 3 billion euros ($3.3 billion) over the next two years to expand its server farms across Europe. The investments take its total spend on European data centers to 15 billion euros since 2007, Google Chief Executive Officer Sundar Pichai told reporters in Helsinki following a meeting with Finnish Prime Minister Antti Rinne. It’s also investing 1 ...

Bloomberg The head of the United Nations said he believes the US can still pull its weight on climate change, even though President Donald Trump is skipping a UN climate summit on Monday and has worked to roll back restrictions on everything from vehicle to power plant emissions. Cities and businesses are helping fill part of the void left by ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec), signed a Memorandum of Understanding (MoU), with the French National Radioactive Waste Management Agency (Andra), on the sidelines of the 63rd Annual Regular Session of the IAEA General Conference in Vienna, Austria. The MoU was signed by Eng. Mohamed Al Hammadi, Chief Executive Officer of Enec, and Pierre-Marie Abadie, Chief ...

Dubai / WAM Mohammed bin Rashid Space Centre (MBRSC), and Emirates Foundation, announced organising “Zayed’s Ambition” sessions during which school and university students, as well as the public, will get the chance to attend live video and radio sessions with Hazzaa Al Mansoori, the first Emirati astronaut, while onboard the International Space Station (ISS). The sessions will include a live ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, emphasised that Foreign Direct Investment (FDI) lows into Dubai in 2019 continued to grow remarkably, making the emirate one of the top three global FDI locations. This achievement has been made possible by the vision and leadership of ...

Dubai / WAM Dubai International Communication Committee (DICC), on Saturday showcased Dubai’s futuristic projects and major recent economic achievements at a meeting with senior leaders of UK’s Government Communication Service. Mansoor Abulhoul, the UAE’s Ambassador to the United Kingdom, attended the event held in London. At the meeting, DICC members highlighted how Dubai is transforming itself through innovation and is ...

Bloomberg The US will send a “moderate” number of American troops to the Middle East and additional missile defense capabilities to Saudi Arabia in response to last weekend’s attack on oil facilities, top Pentagon officials said. Secretary of Defense Mark Esper said that the decision represented a “first step” in the US response. He reiterated US statements that evidence collected ...