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Bloomberg The mood among German business hasn’t being dramatically shaken by the coronavirus outbreak, suggesting they see a short-term impact that won’t overly disrupt a pickup in 2019. The closely watched IFO confidence index unexpected rose this month, as did a measure of expectations. The increase comes as executives wait to see if authorities can get the outbreak under control ...

Bloomberg Ivi.ru, Russia’s largest streaming platform, hired Goldman Sachs Group Inc to study options to fund the firm’s growth, according to the firm’s chief executive officer. “These could be private placement, strategic alliances or an IPO,” Oleg Tumanov, Ivi’s founder and CEO, said in an interview in Moscow. “We need funding to produce our own content and keep growing faster ...

Bloomberg France warned British Prime Minister Boris Johnson not to use “blackmail” to secure a trade deal as European Union member states prepare to finalise their negotiating position, allowing talks between the two sides to begin next week. Ministers from the bloc’s 27 national governments will meet on Tuesday in Brussels, where they are expected to sign off on the ...

Bloomberg Malaysian PM Mahathir Mohamad abruptly submitted his resignation to the king on Monday and his party exited the ruling coalition, kicking off a race to form the next government of the Southeast Asian nation. The statement from Mahathir’s office contained no other details. It was unclear whether Mahathir would form a new coalition with other political parties, whether his ...

ABU DHABI / WAM Adasi, the regional leader in autonomous systems and services, on Sunday launched the first UAE-made high-performance “Garmousha” vertical take-off and landing drone, in an agreement with the General Headquarters of the UAE Armed Forces. His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, unveiled the new unmanned system at ...

Abu Dhabi / WAM Ten world historical landmarks are witness to the UAE’s efforts to conserve and protect global heritage sites at risk of loss as a result of human conflict, natural disasters and climate change, urbanisation and negligence. The landmarks restored by Emirati support include the Dome of the Rock; Umar ibn al-Khattab Mosque; Church of the Nativity in ...

ABU DHABI / WAM Figures collated by the Department of Culture and Tourism – Abu Dhabi (DCT) Abu Dhabi, revealed that the number of international visitors coming to the UAE capital in 2019 is estimated to have reached 11.35 million, including 2.83 million overnight and 8.53 million same-day visitors, and is a 10.5 percent increase over 2018. The final figures ...

ABU DHABI / WAM Etisalat announced that it has completed the acquisition of Help AG, a privately held regional company specialising in the delivery of cyber security solutions and services. Prompted by a clear synergy, this acquisition sees the integration of the cyber security capabilities of both companies to create the region’s strongest cyber security unit augmenting Etisalat Digital’s portfolio ...

Bloomberg British Brexit negotiators are trying to find a way to avoid checks on goods between Northern Ireland and the rest of the UK, according to the Sunday Times newspaper. Prime Minister Boris Johnson’s Brexit team, run by chief negotiator David Frost, wants to get around aspects of the Northern Ireland protocol in the withdrawal agreement agreed with the European ...

Bloomberg Your sleek new Tesla Model S or electronic BMW has a distinctly 19th century feature that you may not be aware of, among its batteries. A company in Estonia wants to change that. Skeleton Technologies Group OU is working on supercapacitors, light-weight and long-life components that can distribute intensive bursts of power. These may help eliminate lead-acid batteries, a ...