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Brexit delivers on pay but farmers worried about labour shortage

Bloomberg Some are handing out bonuses or raising pay, others are subsidising housing or upgrading mobile homes to include showers and central heating. Whatever they’re doing to attract or retain workers, British farmers are increasingly worried about a labour shortage. Brexit is delivering on at least one of the priorities for its ardent supporters as Europeans start to stay away ...

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HP’s sales top estimates on holiday demand

Bloomberg HP Inc., the world’s largest personal-computer maker, topped analysts’ revenue estimates with strong computer and printer sales during the holiday shopping quarter, maintaining its momentum even as the industry stagnates. The Palo Alto, California-based company notched its sixth consecutive quarter of revenue growth, buoyed by ­higher sales across all product lines in the period that ended on January 31, ...

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YouTube holds TV, film spending as Netflix, Amazon bulk up

Bloomberg YouTube is hitting the pause button on its Hollywood expansion. As Netflix Inc. and Amazon.com Inc. pour ever-larger sums into TV and movie production, Google is holding spending at current levels for its YouTube Red streaming service for the next two years, people with knowledge of the matter said. That’s leading producers to question the company’s strategy. Google often ...

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Gates guilty plea strengthens US hand against Manafort

Bloomberg As the newest cooperator for Special Counsel Robert Mueller, Rick Gates gives prosecutors a powerful weapon in pursuing former Trump campaign chairman Paul Manafort and possible election collusion with Russia. Gates, who pleaded guilty in Washington, was Manafort’s right-hand man and worked with him for a decade in his political consulting firm lobbying on behalf of Ukraine before joining ...

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We are proud of our heroes

Fujairah / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has offered his condolences to the family of martyr Sergeant Ali Khalifa Hashel Al Mesmari, who died while carrying out his duties as part of the Saudi-led Arab Coalition’s ‘Operation Restoring Hope’ in support of ...

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Hamed honours 33 winners of Sheikh Khalifa Excellence Award

Abu Dhabi / WAM Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, honoured the 33 authorities, institutions and companies that won the 16th edition of the Sheikh ...

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Emirates A380 returns to Houston

DUBAI / Emirates Business Emirates will resume its flagship A380 service between Houston (IAH) and Dubai (DXB) from June 1. This follows the airline’s recent adjustments to its US services with the launch of a new non-stop Dubai-Newark service from June 1 and the resumption of daily services to Fort Lauderdale and Orlando from March 25. Houston will join more ...

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UAE Food Bank to collect left-over items at Gulfood

Dubai / WAM The UAE Food bank will collect at the end of the Gulf Food Exhibition the food items that are being displayed at various stalls in the event and distribute them to needy people through authorised charity organisations. The UAE Food bank, which is participating in the Gulf Food Exhibition as part of its activities during the Year ...

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General Motors offers $2.8 billion plan for South Korea business

Bloomberg General Motors Co. has offered a $2.8 billion new investment plan for its South Korean business after threatening to exit the country amid mounting losses, a lawmaker from the nation’s ruling party said. The investment, being proposed for the next 10 years in South Korea, is needed to produce new models, for research and development, to renovate facilities and ...

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A woman takes centre stage for India’s tech industry

Bloomberg In a sign of the times, the organisation that speaks for and champions India’s $167 billion IT services industry will soon get its first female head. Intel Corp. veteran Debjani Ghosh takes over as president of the National Association of Software and Services Companies (NASSCOM) in April—three decades after its formation. After a two-decade career at the US chipmaker, ...

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