Bloomberg Volkswagen AG expects to boost revenue and maintain profitability this year even as the German manufacturer said it’ll face more challenging economic conditions, costly new tests on emissions and tougher competition. The world’s biggest carmaker, reporting annual earnings that met expectations, repeated its 2018 goal for an adjusted operating return on sales of 6.5 percent to 7.5 percent for ...
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Bloomberg A group of Microsoft Corp. employees are demanding that the company abandon a $480 million contract with the US Army to build versions of its HoloLens augmented reality headsets for the battlefield, the latest in a series of protests from workers at technology companies objecting to certain uses of the products they’re building. “We are alarmed that Microsoft is ...
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Bloomberg There’s no dispute that a $48.9 billion merger announced in 2015 between health insurers Anthem Inc. and Cigna Corp. imploded two years later over antitrust concerns. Now, the question is whether one owes the other billions for the deal’s failure. A Delaware judge will start the process of deciding that pricey dispute on Monday in a trial of dueling ...
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Bloomberg Oil in New York posted a second straight weekly advance as investors focus on talks between the US and China on trade and as Opec shows commitment to curbing production. Futures added 0.5 percent in New York to the highest in more than three months. Trade talks in Washington between a Chinese delegation led by Vice Premier Liu He ...
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Emirates Business According to BESA’s latest research, the UAE has overtaken the US and Saudi Arabia as the country that UK companies are most interested in exporting to. The findings come as 83 UK education suppliers have confirmed to exhibit at the influential GESS Dubai 2019, the British Educational Suppliers Association (BESA) announced. GESS Dubai is the leading education conference ...
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Dubai / Emirates Business Meraas, a Dubai-based holding company, has announced that it will showcase its industry-defining maritime neighbourhood – Dubai Harbour during the 27th annual Dubai International Boat Show (DIBS) 2019. Set to the highest international standards, Dubai Harbour will be the first yachting community hub in the Middle East. Designed by leading architects with careful attention to detail, ...
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ABU ABU DHABI / WAM The Emirates Red Crescent (ERC), launched a number of development projects in the Republic of Sierra Leone, under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the follow-up of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s ...
Read More »ABU DHABI / WAM The Ministry of Climate Change and Environment (MOCCAE), hosted 40 university students and youth council members at a two-day camp on Sir Bani Yas Island in the emirate of Abu Dhabi. Themed ‘UAE’s Natural Wonders’, the camp was held in collaboration with the Environment Agency – Abu Dhabi (EAD), the Department of Culture and Tourism – ...
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ABU DHABI / WAM Stressing the vital importance of Expo 2020 Dubai to the Sultanate of Oman, Dr. Ali bin Mas’oud al-Sunaidy, Minister of Commerce and Industry, said, ”We must all join forces to make this international high-profile gathering a success.” Speaking to the Emirates News Agency (WAM), on the sidelines of the Oman-UAE Economic Forum held in Omani capital, ...
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ABU DHABI / WAM With the implementation of the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to embrace innovation as an institutional practice in nurturing a sustainable future for the upcoming generations, and utilise the UAE Government’s innovation tools which include innovation labs, and to mark ...
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