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  Bloomberg Kirin Holdings Co. snapped four days of losses after reporting first-half operating profit beat its own forecast by 25 percent. Operating profit rose 1.5 percent to 58.8 billion yen ($581 million) for the six months ended June from a year earlier on increased sales of soft drinks domestically and growth in its pharmaceuticals and bio-chemicals operations, the Tokyo-based ...

  AGENCIES Revenue from Egypt’s Suez Canal reached $3.183 billion in the period between January 1 and August 6, up 4 percent from $3.059 billion in the same period last year, the Suez Canal Authority Chairman said. Mohab Mameesh, who was speaking at a one-year anniversary celebration of the opening of an expansion to the canal, said the canal’s revenues ...

  Bloomberg Apple Inc. acquired artificial intelligence startup Turi Inc. for about $200 million, according to people familiar with the situation, in the latest deal by the iPhone maker to accumulate advanced computing capabilities for its products and services. Turi helps developers create and manage software and services that use a form of AI called machine learning. It also has ...

  London / Bloomberg Britons living close to fracking wells could be paid some of the proceeds under proposals being considered by the UK government. Prime Minister Theresa May has added an option to proposals to be consulted on this week that money from the fund set up to compensate areas hosting shale gas extraction sites be paid directly to ...

  California / Bloomberg The chief executive officer of the Nordic region’s biggest road transport company predicts the trucks he relies on can start operating without drivers within the next 5-10 years. Jens Bjoern Andersen, who drives a Tesla to work every day, giving him a first-hand view of how the technology is advancing, says the know how is already ...

  Buenos Aires / Bloomberg Argentina plans to sell as much as $8 billion in bonds that pay little to no interest as one of the options available for tax evaders seeking to repatriate money held abroad. Argentina will offer as much as $3 billion of three-year bonds that pay no interest and $5 billion of notes due in 2023 ...

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, commended the infrastructure projects being implemented by RTA Dubai as part of its 2030 strategy, in line with the Dubai Strategic Comprehensive Plan 2021, to achieve sustainable development. While visiting the RTA’s head-office in Umm Al Ramol ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan sent a congratulatory cable to President of Bolivia Evo Morales on Independence Day. Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy ...

  DUBAI / WAM Dubai Airports on Saturday confirmed that all operations and flights at Dubai International Airport have returned to normal after an incident involving Emirates Airline’s flight EK521, arriving from India, occurred at the airport on Wednesday, affecting the air traffic there. In a statement, the airport operator noted that the strategic plan of giving priority to wide-bodied ...

  Bloomberg State-run NTPC Ltd., India’s biggest power producer, is seeking to terminate a long-term supply contract for imported natural gas as it says the fuel is too expensive to be used in power generation, according to people with knowledge of the situation. The New Delhi-based electricity generator has written to state-run GAIL India Ltd., which supplies the fuel sourced ...