News

DUBAI / WAM Dubai Land Department (DLD), led by a delegation through its Promotion and Real Estate Investment Management Sector and the Registration and Real Estate services sector, made a five-day trip to London, in line with its keenness to continue promoting the opportunities as well as the government services and facilities the Emirate of Dubai offers to investors. Majida ...

Abu Dhabi / WAM Abu Dhabi aims to substantially reduce its consumption of single-use plastic by 2021, a top official told the Emirates News Agency (WAM), on Tuesday. “We will have the draft policy on single-use plastic by early 2020. We are actually aiming to have a phenomenal reduction of consumption of single-use plastic by 2021,” said Dr Shaikha Al ...

Bloomberg Justin Trudeau scored a major political victory with the negotiated end to a damaging Canadian rail strike that will only cement his government’s growing ties with organised labour. The prime minister’s reluctance to force an end to the strike of about 3,200 conductors and railyard operators at Canadian National Railway Co (CN) won him accolades from the union and ...

Bloomberg Vodafone Group Plc won backing from a German court for the price it paid for Kabel Deutschland Holding AG, dealing a blow to activist investor Elliott Management Corp’s attempt to win a bigger payout. The 84.53 euros ($93) a share — plus an annual top up — Vodafone paid to Kabel Deutschland’s shareholders as part of the 2013 acquisition ...

Bloomberg British automakers warned that the next UK government needs to deliver a “world-beating Brexit trade deal” to bolster their competitiveness and safeguard jobs following a split from the European Union. Carmakers need a frictionless border free of tariffs and customs, regulatory alignment and access to talent, the Society of Motor Manufacturers and Traders lobby group said ahead of the ...

Bloomberg Alphabet Inc’s Google was sued by a company that claims it was driven out of the digital advertising market by the search giant’s anti-competitive behaviour, which is already under scrutiny by state and federal officials. Advertising technology company Inform Inc alleges that Google has used its monopoly power in internet search and mobile operating systems to undermine competition in ...

Bloomberg Angela Merkel said Europe should set up an agency that certifies components for the region’s fifth-generation wireless networks, in a bid to address safety concerns over equipment from Chinese suppliers including Huawei Technologies Co. The agency could set standards for components built into Europe’s 5G networks and be modelled on the European Medicines Agency (MDA), which evaluates pharmaceutical drugs ...

Bloomberg Europe’s not really ready for facial recognition technology. That’s the verdict of the European Union (EU) Agency for Fundamental Rights, whose 36-page paper says the region needs stronger rules governing the use of such technology by states, be it at national borders or in public spaces. “Given the novelty of the technology as well as the lack of experience ...

Bloomberg Prime minister Narendra Modi must invest trillions of dollars on roads and other critical infrastructure if he’s to pull India’s economy out of its slump, with at least half coming from provincial governments that are out of his control. India will need to spend 235 trillion rupees ($3.3 trillion) on infrastructure over the coming decade to return economic growth ...

Bloomberg Hong Kong’s government fetched a record HK$42 billion ($5 billion) for a plot of land, a sale coming in at the lower end of estimates as the financial hub has been rocked by six months of pro-democracy protests. A tender for the site, which sits atop the high-speed railway station in Kowloon that connects to mainland Chinese cities, was ...