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Bloomberg AT&T Inc.’s $85.4 billion bid for entertainment titan Time Warner Inc. is where few imagined it would end up—hurtling towards a make-or-break moment in Washington with a pro-business Republican administration that shows signs it may reject the deal. Dallas-based AT&T is fighting an increasingly public battle with Justice Department antitrust officials, who have questioned whether the combined company would ...

Bloomberg Nike Inc., which was cited in the so-called Paradise Papers for funneling billions of dollars into offshore tax havens, is now facing a push by organised labour to stop the practice. The AFL-CIO, a federation of 56 unions that represent 12.5 million workers, said it sent a shareholder proposal to the company. The document asks the world’s largest sports ...

Bloomberg BMW AG’s plan to switch exclusively to green electricity finds it tapping some unusual power sources, including a South African biomass plant that runs on cow dung and chicken droppings. The arrangement is part of the carmaker’s bid to shift all its external power purchases to renewables by 2020, up from 63 percent last year, head of procurement Markus ...

Bloomberg European officials have identified summits early next year where they could seek a breakthrough in Brexit talks, as the European side is bracing for a crunch meeting in December to end in failure, three people familiar with the negotiations said. The view in Brussels is that it’s up to the UK to make concessions before the EU will agree ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received Bidhya Devi Bhandari, President of Nepal, who is currently visiting the country to attend the international health forum, ‘Reaching the Last Mile – Mobilising Together to Eliminate Infectious Disease’, which begins on Wednesday ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday, received at Al Bahr Palace, the President of Mali, Ibrahim Boubacar Keita, who is here to attend the “Reaching the Last Mile: Mobilising Together to Eliminate Infectious Disease” forum, due to be ...

Dubai / Emirates Business Dignitaries, government and business leaders, and industry experts from the UAE and around the world gathered in Dubai on Tuesday for the International Conference launching the 10th cycle of the Mohammed bin Rashid Al Maktoum (MRM) Business Award, and the 2nd cycle of the MRM Business Innovation Award. The high-profile event, entitled “Drivers of Growth in ...

Abu Dhabi / Emirates Business The Khalifa University of Science and Technology has on Tuesday announced that Abu Dhabi will host the Institute of Electrical and Electronics Engineers (IEEE) Global Communications Conference (Globecom) 2018, the world’s largest telecommunications research conference. The announcement was made during a press conference organized at the campus. To be held from December 9-13, 2018 at ...

Bloomberg Sugar production in India is set to bounce back from a seven-year low as the area planted to cane increases and rain boosts yields in the world’s top consumer. Production may total 25.886 million metric tons in the crop year that began on October 1, according to SGS SA, a researcher hired by Bloomberg to survey farmers during September ...

Bloomberg Hon Hai Precision Industry Co. posted a surprise fall in earnings amid technical hiccups that disrupted production of Apple Inc.’s 10th-anniversary iPhone. Apple’s main device-assembler reported a decline in net income to $696 million in the three months ended in September. That compared with the NT$37.2 billion projected. Apple’s decision to adopt technically demanding facial-scanning sensors for the iPhone ...