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Bloomberg Vote counting is underway in Malaysia’s election in a contest that will determine whether Prime Minister Najib Razak’s ruling coalition can extend its 61-year run in power. Poll closed at 5 pm in Kuala Lumpur, and a winner may not be known until late in the evening. Turnout reached 69 percent as of 3 pm local time, according to ...

Bloomberg Bharti Airtel Ltd. is looking to pare $4.6 billion from its net borrowings over the next three years by listing its African unit and potentially selling some stake in its tower business, according to a person with knowledge of the matter, in a bid to safeguard its investment grade ratings. India’s top wireless operator plans to raise as much ...

Bloomberg Jobs and salaries portal Glassdoor Inc.’s Chief Executive Officer Robert Hohman has a new boss. Japanese human-resources and consumer-information provider Recruit Holdings Co. has agreed to buy Glassdoor for $1.2 billion in cash. Through the tie-up, Recruit will gain access to the US website’s extensive cache of content such as employee reviews, while Glassdoor will seek to accelerate its ...

Bloomberg Vodafone Group Plc is shaking up Europe’s fragmented media and telecom market with an 18.4 billion-euro ($22 billion) deal to buy almost a third of Liberty Global Plc, part of a global push for scale as carriers face massive network investments and competition from digital players. With the acquisition of Liberty Global’s German and Eastern European units, Vodafone Chief ...

Bloomberg An activist firm representing Tesla Inc. shareholders has excoriated the electric-car maker, claiming that it’s veered off the path to profit and urging a major overhaul of the Elon Musk-led board. CtW Investment Group, working with union pension funds that are Tesla investors managing more than $250 billion, opposes the re-election of three board members who are up for ...

Bloomberg AT&T Inc confirmed that it hired a firm established by Donald Trump lawyer Michael Cohen, saying it was seeking “insights” around the time the new administration was inaugurated last year. The relationship came to light, when AT&T was cited by attorney Michael Avenatti as one of the parties that made payments to Cohen’s firm. Larry Solomon, a spokesman for ...

Abu Dhabi / WAM The UAE and Belarus have signed multiple cooperation agreements in media, disaster management, facilitation of customs procedures, and health sector on the eve of 4th joint Emirati-Belarusian committee ministerial meeting in Abu Dhabi on Tuesday. Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, led the UAE side, and Belarus was represented by its ...

Dubai / WAM Mona Ghanem Al Marri, Director-General of the Government of Dubai Media Office and Vice President of the UAE Gender Balance Council, on Tuesday addressed the inaugural high-level speaker series of the MENA Chapter of the ‘Global Women in PR’ held in support of female empowerment within the Public Relations, Media and Communications Industry. The private event, hosted ...

DUBAI / WAM The United Arab Emirates (UAE) retains its position as the top country Arab youth would like to live in and want their own countries to emulate for the seventh consecutive year, according to the ASDA’A Burson-Marsteller Arab Youth Survey 2018, released on Tuesday. The 10th annual survey also reveals that young Emiratis are extremely optimistic about their ...

Bloomberg Takeda Pharmaceutical Co. reached an agreement to buy larger rival Shire Plc for about 46 billion pounds ($62 billion) in a deal that transforms it into a top drugmaker in the lucrative business of rare diseases and boosts its heft in the US. The Japanese company capped a drawn-out pursuit by agreeing to pay Shire 49.01 pounds a share ...