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Bloomberg Volkswagen AG Chief Executive Officer Matthias Mueller sought to win over workers to restructuring measures aimed at lifting margins at the embattled German carmaker’s namesake brand and helping weather the emissions-cheating scandal. After nearly six months of crisis and recent revelations that senior managers missed warning signs, workers are fighting to avoid footing the bill. That put Herbert Diess, ...

Bloomberg France’s lawmakers will vote on a plan to impose penalties and jail time on technology executives who deny access to encrypted data during a terrorist investigation, helping security services and prosecutors force companies such as Apple Inc. into cooperation. The amendment was submitted by the opposition party The Republicans and, while the government hasn’t officially supported the measure, it ...

Bloomberg Higher spending by households and governments helped propel the euro-area to its 11th successive quarter of growth even as net trade suffered amid a slowdown in China and other emerging markets. Consumption in the private sector rose 0.2 percent in the three months through December, while that of the public sector expanded 0.6 percent, the European Union’s statistics office ...

ABU DHABI / WAM Sultan bin Saeed Al Mansouri, UAE Minister of Economy, and Eladio Loizaga, Paraguay Minister of Foreign Affairs have discussed ways to enhance economic relations between the UAE and the South American country. In a meeting with a high level delegation from Paraguay, Al Mansouri called for the intensification of such visits between the two countries. He ...

DUBAI / WAM Exhibited for the first time ever, the private photography collection of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, will be on display at The Dubai Photo Exhibition from March 16-19. This collection, which exemplifies HH’s strong passion for photography, offers a rare visual insight into ...

DUBAI / WAM The clinical nutrition department of the Dubai Health Authority (DHA) has kicked-off its nutritional awareness campaign for this year. The campaign known as Angiz Akhar (Do More) is taking place for the third consecutive year and will go on until end of April 2016. As part of the campaign, DHA nutritionists and physiotherapists will carry out 10 ...

Dubai / WAM Under the patronage of HH Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, Dr. Abdulla bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure development and Chairman of the Federal Transport Authority – Land & Maritime, opened the Middle East Rail 2016 was launched at Dubai World Trade Center on Tuesday. ”The ...

SHARJAH / WAM The Sharjah Electricity and Water Authority (SEWA) has announced the commissioning and inauguration of the AED105 million Al Khan power transmission and distribution station as part of the Sharjah government’s plans for expansion of the transmission network to cope with the Emirate’s projected rising energy demands. Dr. Rashid Al Leem, the Chairman of SEWA, said the 132/33/11 ...

ABU DHABI / WAM Half a million UAE citizens will benefit from subsidised national food products. The gesture is in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Mohammed Haji Al ...

Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX) on Tuesday announced that Stellar Trading Systems, a multi-asset trading software and services specialist, has become an approved Independent Software Vendor, ISV, on the exchange. Stellar Trading Systems has hosted its infrastructure at DGCX colocation facility to deliver its market making, low-latency order routing and algorithmic trading solutions to DGCX ...