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Bloomberg From his humble beginnings setting up a one-man law firm in Warsaw, Jacek Czabanski has become a crusader for Poland’s struggling mortgage holders, fighting a battle that stands to reshape the country’s powerful banking industry. Since 2015, Czabanski has been busy building a case for several hundred mortgage holders who have sued their banks for what they say are ...

Bloomberg The Trump administration is considering releasing a health care plan next month to counter the push by some 2020 Democratic candidates for a Medicare for All program, Dow Jones reports, citing people familiar with the discussions that it didn’t identify. The plan could include a guarantee to maintain coverage for people with pre-existing conditions, as well as efforts to ...

Bloomberg Uber Technologies Inc. expects to only be given another short-term license to operate in London when its current permit to operate there ends towards the end of next month, Sky News reported. The company has little chance of securing a longer term five-year agreement for the UK capital, according to report. London is one of Uber Technologies’s most successful ...

Bloomberg Ireland’s biggest companies are getting a taste of the pain that could come from the UK crashing out of the European Union without a deal. Amid the deepening impasse over how to deal with the Irish border, the country’s ISEQ All-Share Index has been the worst performing benchmark in Europe, the Middle East and Africa since Boris Johnson became ...

Bloomberg US President Donald Trump said “things are going along very well with China,” and repeated his contention that Beijing is paying the US “Tens of Billions of Dollars” after successive rounds of import tariffs. This was “made possible by Chinese government’s monetary devaluations and their pumping in massive amounts of cash to keep their system going,” Trump said in ...

ABU DHABI / WAM In collaboration with the local customs administrations, the Federal Customs Authority initiated the executive procedures to unify customs system across the UAE. The move is meant to authorise common customs electro-nic system within all local customs administrations as well as border zones in order to contribute to cementing the security scheme, facilitate trade, simplify clearing procedures, ...

Abu Dhabi / Emirates Business A delegation from the Abu Dhabi Securities Exchange (ADX), headed by HE Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, visited the Shanghai Stock Exchange. The visit comes as part of the framework of strengthening the comprehensive strategic partnership between the financial markets and exploring and enhancing the partnership and cooperation opportunities for investors ...

RAS AL KHAIMAH / WAM So far 33 countries have confirmed their participation in the first and largest international exhibition for small and medium-sized enterprises, SMEs, which Ras Al Khaimah will host next November, the organisers said. Mohamed Musabbeh Al Nuaimi, Chairman of the RAK Chamber of Commerce and Industry, which is organising the event, said that the event, which ...

Bloomberg The pound will tumble to the lowest level since 1985 if the UK leaves the European Union without a deal, a prospect that looks more likely now than six months ago, according to a Bloomberg survey of analysts. There is now a 30 percent chance that Britain will exit the bloc in October without a divorce agreement, the poll ...

Abu Dhabi / WAM The Ministry of Climate Change and Environment (MOCCAE), on Saturday announced the completion of Phase I of its research project to map agricultural areas across the UAE’s northern emirates using drones. Spanning 550 sq kilometres of agricultural lands across Dubai, Sharjah, Ajman, and Umm Al Qaiwain, the first phase mapped as many as 41 categories of ...