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Dubai / Emirates Business At the start of a new decade, Emirates SkyCargo, the freight division of Emirates, is geared up to facilitate global trade and cargo movement in 2020 and beyond through a combination of innovative product development and investment in ‘fit for purpose’ infrastructure. “The outlook for 2020 is more positive with the air cargo industry set to ...

DUBAI / WAM Glimpses into Air Traffic Control (ATC), modernisation and innovation will be provided to aviation industry stakeholders at the ATC Forum which is returning for its third straight year in June 2020 during the Airport Show, the world’s largest annual airport industry gathering. The event is coming at a time when it has been predicted that more than ...

Bloomberg India will create at least 1.6 million fewer formal jobs across government and low-paying sectors, State Bank of India estimates, a segment that typically absorbs some of the millions of youth entering the world’s biggest workforce each year. There’s also evidence that people who migrate within the country for employment are sending less money home to some of the ...

Bloomberg India lost more than $1.33 billion to internet restrictions in 2019 as prime minister Narendra Modi’s government pushed ahead with his party’s Hindu nationalist agenda, raising tensions and sparking nationwide protests. The worst shutdown has been in Kashmir, where after intermittent closures in the first half of the year, the internet has been cut off since August 5 following ...

Bloomberg At first glance, things seem to be getting better for Japanese women. In an economy that’s historically lagged other developed nations when it comes to female workforce participation, a record 71% are now employed, an 11 point leap over a decade ago. The Japanese government boasts one of the most generous parental leave laws in the world and recently ...

Bloomberg Nissan Motor Co executives have examined the possibility of breaking away from Renault SA amid concerns that relations with the longtime French partner have turned dysfunctional after the ouster of former chief Carlos Ghosn, according to a person familiar with the matter. Since last year, Nissan has been exploring the pros and cons of sustaining the alliance, particularly when ...

Bloomberg Taiwan Semiconductor Manufacturing Co, a major chipmaker to Apple Inc and Huawei Technologies Co, has recruited rival Intel Corp’s former top lobbyist Peter Cleveland to spearhead an unprecedented effort in Washington to mitigate impact from US-Chinese trade tensions. The world’s biggest contract chipmaker joins a growing number of companies with Chinese business interests that are stepping up US lobbying, ...

Bloomberg Porsche AG shrugged off widespread industry malaise, reporting record deliveries for last year and predicting that its first all-electric model Taycan will foster further growth in 2020. Global deliveries rose 10% to 280,800 cars in 2019, driven mainly by strong consumer appetite for the Macan and Cayenne sport utility vehicles, Porsche said on Monday in a statement. “We’re optimistic ...

Bloomberg The UK economy unexpectedly shrank ahead of the general election, casting doubt over whether there was any growth at all in the fourth quarter. The figures will add to concerns at the Bank of England (BOE), where officials are debating whether further stimulus is needed if economic weakness persists. Three policy makers, including Governor Mark Carney, have flagged the ...

Bloomberg AstraZeneca Plc will stop testing a fish-oil pill for one form of cholesterol in the most advanced and expensive stage of clinical tests. The medicine, called Epanova, didn’t stand a very high likelihood of showing a benefit when combined with a statin for patients at risk of heart disease due to high levels of LDL (or bad) cholesterol, Astra ...