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Bloomberg Investors managing more than $9 trillion of assets have called on some of Europe’s biggest companies to include an assessment about the impact of climate change in their financial statements. DWS, Insight Investment and JPMorgan Asset Management are among 38 members of the Institutional Investors Group on Climate Change that wrote to 36 companies requesting they “properly reflect the ...

Bloomberg Apple Inc’s ad tracking is the target of two complaints to Spanish and German authorities by a privacy advocate whose earlier legal battles are forcing Facebook Inc to change the way it transfers data. Noyb, a group founded by privacy activist Max Schrems, is accusing Apple of unlawfully installing so-called identification for advertisers on its devices. The service helps ...

Bloomberg Leveraged loans funding acquisitions of Ancestry.com Inc and Dunkin’ Brands Group Inc are marketing, as private equity firms dash to lock in cheap financing before the holiday season kicks off. There are at least 13 loans for over $9.1 billion due over the next five sessions, with about 80% funding either buyouts or dividend payouts. That includes Inspire Brands ...

Bloomberg A coronavirus vaccine from a unit of Johnson & Johnson was expected to move to the third phase of clinical trials in the UK on Monday that will test safety and effectiveness of the shot. The testing round by Janssen Pharmaceutical Companies will include 6,000 volunteers and take place across 17 sites, according to a statement. The vaccine is ...

Abu Dhabi / WAM The UAE Cabinet has announced major changes in the Golden Residency programme aimed at attracting and retaining experts and talented professionals from various fields and scientific disciplines. The changes will take place starting from December 01, 2020. The UAE Golden Residency, a ten-year residency visa, will be granted to residents with PhD degree, in addition to ...

SHARJAH / WAM The real estate sector in the emirate of Sharjah has recorded a 10 percent growth in the real estate transactions concluded in the third quarter of 2020 as compared to the same period last year. Figures show that up to 14,854 real estate transactions, worth AED4.6 billion, were sealed over Q-3 this year. The sales transactions recorded ...

DUBAI / WAM Emirates Airline and FlySafair on Sunday announced an interline agreement, opening up connections for customers to selected routes on FlySafair’s network in South Africa. Through the arrangement, Emirates and FlySafair plan to offer the ease of single-ticket travel and through tagging of baggage for travellers transferring from Emirates’ three gateways – Johannesburg, Cape Town, and Durban to ...

Abu Dhabi / WAM The Higher Organising Committee of the Sheikh Zayed Heritage Festival 2020 announced on Sunday that the festival’s activities will begin on Friday, November 20, in Al Wathbah, Abu Dhabi. Named in honour of the late Sheikh Zayed bin Sultan Al Nahyan, founding father of the United Arab Emirates, the Sheikh Zayed Heritage Festival celebrates the country’s ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) is set to seize opportunities to further unlock value from its assets and resources as it builds on the momentum of a successful virtual edition of the Abu Dhabi International Petroleum Exhibition Conference (Adipec). Provisional figures show that over 80,000 viewers from around the world tuned into Adipec’s strategic ...

Bloomberg Oil markets may be cheering the prospects of a coronavirus vaccine, but Opec+ can’t celebrate. Crude prices have rallied to a 10-week high on hopes that Pfizer Inc. and BioNTech SE’s breakthrough could soon revive the flights, car journeys and other economic activity that underpin fuel consumption. Nonetheless, the alliance of producers led by Saudi Arabia and Russia is ...