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Bloomberg UK Prime Minister Boris Johnson’s Brexit deal could permanently bind Northern Ireland to European Union law, according to an Irish judge at the bloc’s second-highest court, who suggested the accord may eventually bring the people of the island of Ireland together. Johnson’s agreement — still awaiting a sign-off from the UK parliament — would have “very long-term consequences for ...

Bloomberg Harley-Davidson Inc profit beat estimates as the motorcycle maker pared back spending plans to partially offset shrinking sales in the US, its biggest market. Adjusted earnings fell to 70 cents a share in the third quarter, the Milwaukee-based manufacturer said in a statement Tuesday, exceeding analysts’ average estimate for 67 cents. Harley shares climbed as much as 7.3% in ...

Bloomberg Biogen Inc will ask US drug regulators to approve the company’s experimental Alzheimer’s therapy, reviving the nearly abandoned treatment after a new analysis of data from two failed clinical trials showed promising results. The company said it made the decision after talking with the Food and Drug Administration (FDA), and reviewing data from a set of experimental trials showing ...

Bloomberg Stamps.com Inc shares rallied on Tuesday ahead of the opening bell after United Parcel Service Inc announced a pact to offer discounted shipping rates to the company’s customer base of more than 740,000. “We long mentioned a new partnership was needed to help lift shares and believe the UPS collaboration is a step in the right direction,” wrote Darren ...

Bloomberg Novartis AG raised its earnings forecast for the third time this year as new drugs including gene therapy Zolgensma got off to a strong start. Sales of the world’s most expensive drug beat analysts’ estimates with more than 100 children treated since Zolgensma’s May approval. Novartis said plans are in place covering about 90% of commercial patients and about ...

Dubai / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and President of the Dubai Electricity and Water Authority (Dewa), unveiled the world’s first thermodynamic Digital Twin Gas Turbine Intelligent Controller, which uses Artificial Intelligence (AI), and machine learning, co-developed by the Dewa and Siemens. HH Sheikh Hamdan unveiled the GT Controller ...

ABU DHABI / WAM Mubadala Capital on Monday announced the launch of its first Mena-focused tech investment funds. With a total of $250 million, the Mubadala Mena tech funds will capitalise on the growing startup scene in the region while empowering tech talent in the Emirates and across the wider region. According to a press release issued by Mubadala on ...

Dubai / WAM Enoc Group unveiled record cumulative savings of AED71.4 million from innovative energy efficiency measures implemented across the Group over the last five years. The results and findings were published in the Group’s third edition of the Energy and Efficiency Report, which was launched at Water, Energy, Technology, and Environment Exhibition (Wetex 2019), said an Enoc press release ...

KIGALI / WAM Global trade enabler DP World inaugurated its Kigali Logistics Platform in the presence of President Paul Kagame of Rwanda, and DP World Chairman and CEO, Sultan Ahmed bin Sulayem. The facility, which has been operational since September 2018 in test mode, has an annual capacity of 50,000 TEUs. When operating at full capacity, it has the potential ...

Bloomberg Oil fell again after a weekly loss amid ongoing concern that a fragile economic outlook will continue to weigh on fuel demand. Futures declined 0.6% in New York after dropping 1.7% last week. Policy makers in China, the world’s second-biggest oil consumer, are preparing for two key meetings with fresh evidence that economic growth will slip further from its ...