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  Bloomberg Foreign Secretary Boris Johnson exposed fresh divisions in the UK government by declining to endorse a new proposal that Britain should consider paying the European Union for continued access to its markets after Brexit. In a series of television interviews on Sunday, Johnson steered clear of echoing Brexit Secretary David Davis and Chancellor of the Exchequer Philip Hammond, ...

  Bloomberg US regulators are calling out AT&T and Verizon for exempting their own video apps from data caps on customers’ cellphones. This may not result in any changes in how the wireless carriers operate, however, as agency leaders appointed by Donald Trump, the incoming president, are expected to look more favorably on such practices. The Federal Communications Commission sent ...

  Aleppo / AFP Fierce fighting shook east Aleppo on Sunday as Syrian government forces pressed an assault that has seen them retake control of more than half of the former rebel stronghold. President Bashar al-Assad’s army is nearly three weeks into an operation to recapture all of Syria’s second city, divided between regime and rebel forces since 2012. Tens of ...

  Bloomberg India’s Prime Minister Narendra Modi plans to move all government purchases, from paper clips to power plant turbines, to an Amazon-like online marketplace that could eventually be worth a fifth of the country’s $2 trillion economy. Modi’s government, which on Nov. 8 announced a sudden decision to replace 86 percent of India’s cash in a bid to cut ...

  Bloomberg It’s only a matter of time before Australia loses its AAA credit rating as the nation’s budget falls further into deficit, according to John Hewson, a former Liberal Party leader and central bank economist. “The fact that we are going to lose the triple-A credit rating is a foregone conclusion, it’s just a question of timing,” Hewson, who ...

  Bloomberg Just how much foreign money is contributing to rising property prices is a staple of dinner party conversations around the globe. Australians now have a near-official answer, and it’s less than most would think. The Australian Treasury estimates that foreign demand for real estate increased prices in Sydney and Melbourne by no more than A$122 ($90) a quarter ...

  Male / Emirates Business Etihad Airways has once again collected the ‘World’s Leading Airline’ award at the 23rd annual World Travel Awards (WTA) Grand Final Gala Ceremony 2016. This marks the eighth consecutive year that the airline has received the prestigious accolade. The beachside event was held before an audience of the industry’s leading luminaries and international media at ...

  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 Saturday called on all countries to work together to curb the illicit trade in antiquities and protect archaeological sites and cultural heritage from violence and terrorism during armed conflicts. HH Sheikh Mohamed bin ...

  Dubai / Emirates Business Virtual kiosks, interactive mirrors, and hologram advertisements are among the many ways that GCC retailers are leapfrogging Europe in enhancing the customer experience, industry experts announced. Boosted by strong tourism growth, new and expanded malls and theme parks, and mega-events such as World Expo 2020 and 2022 FIFA World Cup Qatar, GCC retail sales are ...

  Abu Dhabi / Emirates Business Welcomed by His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates, and under the patronage of His Majesty King Mohammed VI of Morocco and supported by His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and ...