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Bloomberg The fact that US President Donald Trump’s Twitter account was deactivated by a rogue employee has raised questions about how much access and control Twitter Inc.’s workforce has over an individual user’s account. Trump’s personal page was shut down for about 11 minutes on Thursday evening by a customer support employee who was leaving the company. Though Twitter has ...

Bloomberg With Bank of England policy makers’ voting for a first interest-rate increase in a decade, Wm Morrison Supermarkets Plc is signalling that the UK’s Brexit-induced jump in food prices is already easing. “The rate of inflation fell as we went through the third quarter,” Trevor Strain, chief financial officer of the UK’s fourth-largest grocer, said. “In our business we ...

Bloomberg The $1,000 price tag on Apple Inc.’s new iPhone X didn’t deter throngs of enthusiasts around the world who waited—sometimes overnight—in long lines with no guarantee they would walk out of the store with one of the coveted devices. At Apple’s flagship Fifth Avenue store in Manhattan, the line coiled up and down several times along 58th Street and ...

DUBAI / Emirates Business The UAE’s design market will reach $36bn in 2019, fuelled by architects and interior designers leveraging innovations to enhance the experience, experts announced ahead of The Big 5 in Dubai. Boosted by innovative architecture and interior design projects, the UAE’s design market will grow by 13 percent from $32 billion in 2017 to reach a record-high ...

Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister for Tolerance, has said that the UAE flag represents loyalty and love for the country and supports all its objectives and aspirations. In a statement to mark the UAE’s Flag Day on Thursday, Sheikh Nahyan said, “It is an honour for all of us to celebrate the day with ...

Abu Dhabi / WAM The assets held by traditional banks operating in the UAE surged to AED2.103 trillion, accounting for 79.6 percent of the total assets of the country’s banking apparatus until the end of September, according to statistics released by the UAE Central Bank. The assets of the country’s Islamic banks neared AED5.39 billion, making up 20.4 percent of ...

Abu Dhabi / WAM The UAE federal government departments’ total expenses amounted to AED31.5 billion in nine months, according to official figures released by the Ministry of Finance as part of a report on the financial performance report on the implementation of the country’s general budget. Public services’ expenses totalled around AED10.4 billion, accounting for 33 percent of total federal ...

Abu Dhabi / WAM First Abu Dhabi Bank (FAB) announced the latest score of its Wealth Sentiment Index (WSI), which remained stable at 1052.78 in October, compared to 1,052.94 in September this year. The October score reflects a range of factors, including an increase in oil prices, a fall in inflation, which reached its lowest level since August 2016, and ...

Abu Dhabi / WAM Mobile phone subscriptions in the UAE reached 19.7 million by the end of September, according to official statistics released by Etisalat and du, the only telecommunications operators on the local market. The figures indicate a 2.2 percent increase in the number of subscribers in the post-paid and pre-paid mobile phone services during the first nine months ...

Dubai / WAM A record 100 organisations are expected to compete in the 2nd edition of the Gulf Sustainability and CSR Awards in partnership with International Humanitarian City and Dubai Carbon Centre of Excellence. The deadline for entries is November 15, after which finalists from across the Gulf will be judged in 24 categories. The event will mark the largest ...