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DSCD eyes talented Emiratis at career expo

  Sharjah / Emirates Business Sharjah Department of Statistics and Community Development (DSCD) announced its participation in the National Career Exhibition 2017, which takes place from February 15-17 at Expo Centre Sharjah. During their participation at the forum, DSCD will accept CVs from candidates interested in employment with the department and use the opportunity to answer any questions they may ...

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68 entities join SDG happiness initiative

  Dubai/ Emirates Business As many as 68 private entities have joined the ‘Happiness Meter’ initiative developed by the Smart Dubai Government Establishment (SDG), which is a tool for measuring happiness in alignment with the Happiness Agenda. The agenda, which has been implemented under the supervision of the Smart Dubai Office (SDO), aims to explore and measure the sources of ...

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China tech tycoons see sinking healthcare dreams

  Bloomberg In 2014, billionaire Jack Ma, founder of online retail giant Alibaba Group Holding Ltd., declared his ambition to make China’s hospitals better, drugs cheaper and people healthier. Others in China’s tech universe were becoming equally bullish on health care, and that year alone, investment in the internet health sector surged about sevenfold to $1.4 billion. Since then, billionaire ...

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Chinese auto sales weaken in January as sales tax rises

  BEIJING / AP China’s auto sales shrank in January following a sales tax increase, an industry group reported on Monday. Sales in the world’s biggest auto market declined 1.1 percent from a year earlier to 2.2 million, compared to December’s 9.1 percent expansion, according to the China Association of Automobile Manufacturers. Total vehicle sales, including trucks and buses, rose ...

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India inflation eases more than expected

  Bloomberg India’s inflation grew at its slowest pace on record even as the central bank unexpectedly held interest rates in its monetary policy review last week. Consumer prices rose 3.17 percent in January from a year earlier, the Statistics Ministry said in a statement in New Delhi on Monday. That’s slower than the 3.24 percent median estimate in a ...

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Narayana Murthy calls off battle with Infosys board

  Bloomberg Infosys Ltd.’s co-founder and former chairman Narayana Murthy is calling off his fight with the board, saying the company will deal with the questions about corporate governance that have been raised. Billionaire Murthy and several other founders had raised questions about the management of Asia’s second-largest IT services company, citing a spike in compensation for Chief Executive Officer ...

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Japan’s GDP highlights export risks that Abe hopes to curb

  Bloomberg The strength in exports that fueled a fourth straight quarter of economic growth in Japan underscores just how important it is for Prime Minister Shinzo Abe to ease trade tensions with the Trump administration. Net shipments abroad added 0.2 percentage point to gross domestic product in the three months through December, while consumption in Japan was flat as ...

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Germany firms zone in on global risks overshadowing economy

  Bloomberg Germany’s economy is running at full speed, yet some of its biggest companies are far from getting carried away about the future. Thyssenkrupp AG last week became the latest of the country’s top firms to intertwine words of caution in what’s shaping up to be a strong earnings season, joining peers like Siemens AG in warning against global ...

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Valentine’s chocolate gets cheaper as cocoa supply swells

  Bloomberg Buying your sweetheart a box of Valentine’s Day chocolates could be cheaper this year thanks to booming cocoa supplies. Growers are collecting bigger harvests in Latin America and in West Africa, which accounts for about 70 percent of global production. The output gains have pushed cocoa futures to the lowest since 2008, cutting costs for companies including Mondelez ...

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UK house prices climb to record as shortage of homes worsens

  Bloomberg The average price of a UK home hit a new record in January, continuing an upward trend that’s in part being driven by a supply-demand imbalance. The 0.3 percent increase in values lifted the average to 300,169 pounds ($374,000), Acadata and LSL said in a report on Monday. Annual growth was 3.1 percent, and prices are now double ...

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