Bloomberg UK Prime Minister Boris Johnson’s Brexit deal could permanently bind Northern Ireland to European Union law, according to an Irish judge at the bloc’s second-highest court, who suggested the accord may eventually bring the people of the island of Ireland together. Johnson’s agreement — still awaiting a sign-off from the UK parliament — would have “very long-term consequences for ...
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Biogen surges 22% over momentum for Alzheimer’s therapy
Bloomberg Biogen Inc will ask US drug regulators to approve the company’s experimental Alzheimer’s therapy, reviving the nearly abandoned treatment after a new analysis of data from two failed clinical trials showed promising results. The company said it made the decision after talking with the Food and Drug Administration (FDA), and reviewing data from a set of experimental trials showing ...
Read More »Novartis boosts forecast again as new gene therapy shines
Bloomberg Novartis AG raised its earnings forecast for the third time this year as new drugs including gene therapy Zolgensma got off to a strong start. Sales of the world’s most expensive drug beat analysts’ estimates with more than 100 children treated since Zolgensma’s May approval. Novartis said plans are in place covering about 90% of commercial patients and about ...
Read More »Expo 2020 Dubai encapsulates desire for optimism in region
Matera (Italy) / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said that the significance of the UAE’s hosting of Expo 2020 Dubai is in that it is the first event of its kind, “not only in the Middle East or the Arab world, but the first in Africa and South Asia ...
Read More »Adnoc signs deal to enhance Stem learning in UAE
Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Monday that it has signed a partnership agreement with the Abu Dhabi Motorsports Management (ADMM), to enhance science, technology, engineering and mathematics-related (STEM), learning in Abu Dhabi, in order to support the development of the next generation of skilled workers who will be the driving force of the ...
Read More »Mubadala group hires over 760 talented UAE nationals
ABU DHABI / WAM The Mubadala Investment Company on Monday announced that it has recruited over 760 Emiratis, including 12 people of determination, to join its group of companies this year. According to a statement released by the group, the major recruitment drive is part of the company’s ongoing “Train for Work” programme, which was initiated last year to support ...
Read More »Dubai DED issues 4,057 new licenses in September 2019
DUBAI / WAM In a sign of continuing investor confidence in Dubai and new opportunities arising across diverse economic sectors, the Dubai’s Department of Economic Development (DED), issued 4,057 new licenses for various professional, commercial, industrial and tourism activities in September. According to the Business Registration and Licensing (BRL), sector in DED, 65.2% of the new licences were professional, 33.2% ...
Read More »Trump seeks to alter course after self-inflicted missteps
Bloomberg Donald Trump will try to turn the corner this week after one of the most calamitous stretches of his presidency but heads into that next phase weakened by self-inflicted missteps that have left him on the defensive. Trump had aimed to use a partial trade deal with China and a US-brokered ceasefire in northern Syria to change the subject ...
Read More »Berlin freezes housing rents in plan to tackle cost spiral
Bloomberg Berlin’s governing parties struck a deal to freeze rents for five years, marking one of the most radical plans to tackle spiraling housing costs in a major city and hitting the shares of major apartment owners. The German capital’s aggressive efforts to clamp down on rent increases have sparked interest in cities from Amsterdam to New York. While renters’ ...
Read More »California warned of more blackouts with dry winds raising wildfire threat
Bloomberg Almost two weeks after 2.3 million people in California suffered through forced blackouts, the state’s utilities are warning they may have to cut power again with dry, gusting winds raising the threat of wildfires. At risk is supply to thousands who live and work in the mountains and valleys north of Los Angeles. A handful have already lost power, ...
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