News

  Bloomberg Ericsson AB plans to cut 3,000 jobs in Sweden, a fifth of the workforce in its home country, as it curbs production to cope with shifting technology and stagnant demand for wireless-network equipment. The company will reduce manufacturing in the towns of Boraas and Kumla — a move it signaled last month— as it turns its focus to ...

  Strasbourg / AFP The European Parliament will vote on its “negotiating lines” for Britain’s exit from the EU after London triggers the divorce process next year, its Brexit pointman said on Tuesday. Former Belgian premier Guy Verhofstadt welcomed Prime Minister Theresa May’s announcement at the weekend that Britain will start negotiations by the end of March but said there ...

  Rio de Janeiro / AFP The sweeping victory of centrist and right-wing parties in municipal elections on Sunday will give Brazil’s new President Michel Temer at least a temporary boost as he pushes through austerity reforms, analysts said. The once-dominant leftist Workers’ Party was routed in the nationwide polls, confirming Brazil’s shift to the right in the wake of ...

  Ottawa / AFP Canada will impose a national minimum carbon price in 2018 in order to meet its Paris accord commitment to slash greenhouse gas emissions, Prime Minister Justin Trudeau said. “All Canadian jurisdictions will put a price on carbon pollution by 2018… To get there, the government will set a floor price for carbon pollution,” he said in ...

  Bloomberg It’s Italy’s turn to worry the bond market. Two months before a referendum on reducing the power of the Senate, the country now pays the most to borrow compared with Spain since 2014 based on government bond yields. Prime Minister Matteo Renzi said previously he would quit if he lost the vote, making it effectively a judgment on ...

  Dubai / Emirates Business NATRANS Expo will raise the curtain on its 2nd edition at the Abu Dhabi National Exhibition Centre on October 25 and 26. The event is held under the patronage of His Excellency Dr. Abdullah Belhaif Al Nuaimi, Minister of Infrastructure Development, and Chairman of the Federal Transport Authority – Land and Maritime. The two-day event ...

    Sharjah / Emirates Business Sharjah Book Authority (SBA) has concluded its participation at the 29th edition of the Moscow International Book Fair (MIBF), held recently in the Russian capital of Moscow – an event that garnered the participation of nearly 500 publishing houses from 40 countries from all around the world. SBA utilised their presence at the book ...

  Dubai / Emirates Business No glitter, no glamour, Malabar Gold & Diamond’s latest brand film, which went viral in the last week been trending topic in India is positioned around a telephonic conversation between a husband and wife, but both the husband and wife happens to be the Bollywood celebs — KareenaKapoor and Saif Ali Khan. All the jewelers ...

  Emirates Business While breast cancer deaths in the UAE have declined by almost 10%, and late detection of the disease has gone down from 64% to 16%, there is a growing concern about the rise in incidences amongst women under 40 years of age. It is with this insight that the Joyalukkas Group has launched Joyalukkas Think Pink 2016, ...

  BAGHDAD / Reuters Iraq launched a radio station on Tuesday to help Mosul residents stay safe during the upcoming military offensive to dislodge IS from the largest city under its control, state TV said. The radio will give instructions on possible safe exit routes, places to avoid, where to find assistance and emergency numbers to call during the offensive. ...