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Bloomberg Alibaba is heralding the end of the Jack Ma era. A former English teacher who helped found Alibaba Group Holding Ltd. two decades ago, Ma outlined plans to hand the executive chairman role to Daniel Zhang, a finance veteran who’s presided over an ambitious expansion and won over investors in three years as chief executive officer. Ma will officially ...

Bloomberg Apple Inc. will kick off a blitz of new products this week, ending a year of minor updates and setting the technology giant up for a potentially strong holiday quarter. Through the rest of 2018, the world’s most valuable public company will launch three new iPhones, revamped iPad Pros, Apple Watches with larger screens, a new entry-level laptop with ...

Bloomberg Sky Plc is backing a push by BT Group Plc to move more Britons onto faster internet services, in a boost to the former monopoly. Sky, which resells internet services from BT’s network unit Openreach, has a new agreement to encourage more of its UK customers to take up higher-speed fiber-based connections after Openreach introduced discounts for wholesale customers ...

Bloomberg Aston Martin, maker of luxury sports cars for James Bond, is moving ahead with a plan to list shares in London, naming Penny Hughes as chairman to end all-male board representation. The manufacturer will trade on the London Stock Exchange in October, with a free float of at least 25 percent of the issued share capital and Daimler AG ...

Bloomberg Palestinian leaders confirmed they’d been informed by the Trump administration that it plans to shut the Palestinian mission in Washington, condemning the move as proof the US is disbanding international efforts towards a peace deal with Israel. The announcement of the closure, earlier reported by the Wall Street Journal citing unidentified White House officials, was expected to be made ...

Ajman / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, on Sunday received, in his office at the Ruler’s Court, a Saudi delegation of businessmen and investors led by Dr. Abdulrahman Abdullah Abdulaziz Al Moshaiqeh, Chairman of the Industrial Methods Group of Al Qussaim and Member of the Shura Council. Sheikh Humaid ...

Dubai / WAM Dubai FDI, the investment development agency of Dubai Economy (DED), is going on to second investment promotion mission to the United States this month in a bid to further strengthen its bilateral relations with one of the world’s leading economic powers. The high-level mission will visit the cities of Indianapolis and Detroit. The main objective of the ...

Abu Dhabi / WAM An elite list of international human rights activists, representatives of civil society forces, non-governmental organisations, and experts on international humanitarian law and international law gathered in Abu Dhabi on Sunday for an international symposium to present an analytical, objective and critical reading to the United Nations report released last week by the Group of International and ...

ABU DHABI / WAM The Department of Economic Development – Abu Dhabi (DED), has issued two decisions to facilitate economic activities in Abu Dhabi as part of the initiatives and incentives provided to the private sector companies and entreprises operating in the Emirate. These decisions will help improve the Emirate’s ranking in the Doing Business and Global Competitiveness Reports. The ...

Bloomberg Kim Jong-un presided over a tempered military parade on Sunday, in the latest sign that he wants to revive stalled nuclear talks with the US as he pushes for North Korea to rejoin the international community. Kim marked the 70th anniversary of his grandfather’s regime without showing off provocative hardware such as long-range ballistic missiles that would likely have ...