Blog List Layout

Bloomberg Twitter Inc. is bringing greater transparency to advertising on its social network, addressing a significant concern of Congressional investigators probing foreign meddling during the 2016 US presidential elections. Twitter is creating a new “transparency centre” that will dedicate a section to political ads that will show how much each campaign spent on advertising, the identity of the organisation funding ...

Bloomberg If you happen to buy a cup of coffee in California and it comes with a cancer warning, don’t panic—it’s just the law. No scientific study says consuming java in moderation is bad for your health—and some even show it’s good for you. But winning a reprieve from the state’s toxics disclosure requirement isn’t easy. Coffee merchants have been ...

WASHINGTON / NEW YORK / Reuters The Trump administration will temporarily delay processing of most refugees from 11 countries identified as high-risk, while resuming refugee admissions for other countries, government officials said. Most of the affected countries are in the Middle East and Africa, according to documents seen by Reuters. The administration also will place on hold a program that ...

Bloomberg Infosys Ltd. co-founder Narayana Murthy publicly criticised the company’s board again, just as directors try to recruit a chief executive officer to replace one who resigned out of frustration with such clashes. Murthy said the board has still not addressed questions he raised in August about poor governance and excessive severance, according to a statement he released. CEO Vishal ...

Bloomberg Toyota Motor Corp. cut planned investment by 30 percent for a factory it’s building in Mexico and halved its production target amid pressure from US President Donald Trump for manufacturers to keep more production in the US. Japan’s biggest automaker will reduce investment in the Guanajuato plant to $700 million and trim planned capacity to 100,000 units a year, ...

DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum patronized on Tuesday the opening session of the 4th edition World Green Economy Summit, which kicked off at DWTC in Dubai. Dubai Crown Prince HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Civil Aviation ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Tuesday received Edi Rama, Prime Minister of Albania. During the meeting, Sheikh Mohammed discussed with the Prime Minister bilateral relations and means of enhancing them in light of the opportunities available to both sides, especially in the ...

ABU DHABI / WAM The 4th session of the UAE-Spain Joint Economic Committee was held in Dubai, chaired by Sultan bin Saeed Al Mansouri, Minister of Economy, and by Luis de Guindos Jurado, Spain’s Minister of Economy, Industry and Competitiveness. The meeting touched on important economic and development issues in both countries. The ministers also reviewed the latest developments and ...

Dubai / WAM DP World Limited has reported that it handled 52.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first nine months of 2017. Gross container volumes grew by 10.0 percent year-on-year on a reported basis and 9.6 percent on a like-for-like basis, with the third quarter growth rates accelerating to 13.5 percent ...

Bloomberg Infosys Ltd. slashed its annual revenue forecast, as the Indian software outsourcing giant deals with the aftermath of a boardroom coup that forced out its top executive. The software exporter is now forecasting 6.5 percent to 7.5 percent growth in revenue in the year ending March in US dollar terms, versus the 7.6 percent rise analysts were anticipating. That ...