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Dubai / Emirates Business Adding to the convenience of tourists, The Dubai Mall in partnership with international payments service provider Planet, has launched pre-validation VAT refund pilot service called ‘City Validation’ in the UAE. The first mall in the UAE to launch such a new innovative service, visitors to mall can now benefit from a hassle-free option to claim their ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a congratulatory message to Sultan Hassanal Bolkiah of Brunei on the occasion of his country’s National Day celebrations, marked on February 23. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness ...

ABU DHABI / WAM Etisalat announced that it has completed the acquisition of Help AG, a privately held regional company specialising in the delivery of cyber security solutions and services. Prompted by a clear synergy, this acquisition sees the integration of the cyber security capabilities of both companies to create the region’s strongest cyber security unit augmenting Etisalat Digital’s portfolio ...

Bloomberg Volkswagen AG faces a new reckoning over its diesel-emissions scandal — its first US jury trial. The world’s largest automaker says it’s paid plenty to right wrongs, but hundreds of car owners who declined to join a $10 billion settlement contend it hasn’t repented enough. A trial set to begin on Monday in San Francisco federal court will subject ...

Bloomberg Authorities in northern Italy temporarily closed some universities after a surge in coronavirus cases left the country with the most infections in Europe, including two cases in the financial hub of Milan. The number of reported cases rose to 60 on February 22, including 47 in the Lombardy region, which borders Switzerland and includes Milan, Italy’s second-biggest city. All ...

Bloomberg Warren Buffett, long under pressure from activists to detail how climate change affects his businesses, used part of his annual letter to shareholders to highlight how wind power generated by a Berkshire Hathaway Inc utility shows the company is reducing its reliance on fossil fuels. Buffett’s letter, with topics ranging from share repurchases to the makeup of corporate boards, ...

Bloomberg British Brexit negotiators are trying to find a way to avoid checks on goods between Northern Ireland and the rest of the UK, according to the Sunday Times newspaper. Prime Minister Boris Johnson’s Brexit team, run by chief negotiator David Frost, wants to get around aspects of the Northern Ireland protocol in the withdrawal agreement agreed with the European ...

Bloomberg Your sleek new Tesla Model S or electronic BMW has a distinctly 19th century feature that you may not be aware of, among its batteries. A company in Estonia wants to change that. Skeleton Technologies Group OU is working on supercapacitors, light-weight and long-life components that can distribute intensive bursts of power. These may help eliminate lead-acid batteries, a ...

Bloomberg South Korean President Moon Jae-in raised the country’s infectious-disease alert level to the highest and signalled the potential for unprecedented steps to contain a coronavirus outbreak that has killed six and infected hundreds. The government ordered that schools delay resuming lessons after a holiday break as more than 600 people were confirmed to have been infected, a 20-fold surge ...

Bloomberg Australia’s government will work to set new long-term plans on reducing greenhouse gas emissions ahead of a key global summit this year, though signalled it won’t pursue policies that pose risks to jobs or growth. Prime Minister Scott Morrison, who has faced pressure over his climate and energy strategy in the wake of Australia’s deadly wildfires, has criticised opponents ...