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Publishers slam Facebook ad policy

Bloomberg Facebook Inc. is facing more blowback for its decision to categorise the promotion of news articles as political content, with global publishers now urging Chief Executive Officer Mark Zuckerberg to change its policy. Seven trade groups representing media publishers and broadcast organis­ations in more than 120 countries including the New York Times, BBC.com and 21st Century Fox, sent a ...

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Daimler gets slapped with recall, but avoids risk of fines

Bloomberg With a government order to recall 774,000 vehicles in Europe, Daimler AG stands accused of having used illegal defeat device in its engines, while escaping the crushing cost of fines. The move follows consultations with the German government in Berlin on June 11, which Daimler Chief Executive Officer Dieter Zetsche called “constructive.” Transport Minister Andreas Scheuer for his part ...

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Trump, Kim pledge commitment to peace

Bloomberg The US and North Korea agreed to seek “complete denuclearisation of the Korean Peninsula” following a historic summit between President Donald Trump and Kim Jong-un, yet set no deadline and left the path to disarmament undefined. Trump defended the two-page document he signed with Kim at the end of their meeting in Singapore earlier on Tuesday, saying that he ...

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UAE, Saudi Arabia and Kuwait offer $2.5 billion aid package to Jordan

MAKKAH / WAM The UAE, Saudi Arabia and Kuwait have agreed to provide a $2.5 billion economic aid package to Jordan, to help the country which is facing an economic crisis following anti-austerity protests. The announcement was made in a joint statement following an emergency summit of the four nations which was held in Makkah. The meeting was hosted by ...

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Dubai HeliShow gears up with 60 exhibitors from 30 countries

DUBAI / WAM The 2018 edition of the Dubai HeliShow is ready to begin its run from November 6-8 at the Royal Pavilion, Al Maktoum International Airport, Dubai South, under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, with over 60 exhibitors and visitors from more than 30 countries. ...

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UAE stresses key role of science in sustainable development

New York / WAM Sarah bin Yousef Al Amiri, Minister of State for Advanced Sciences, has headed the UAE delegation to the Third Annual Multi-Stakeholder Forum on Science, Technology and Innovation for the Sustainable Development Goals (SDGs), convened by Marie Chatardova, President of the UN Economic and Social Council. Various stakeholders discussed ways in which science, technology, and innovation can ...

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Sheikha Jawaher makes global plea to end child labour

Sharjah / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of the Supreme Council for Family Affairs and wife of HH the Ruler of Sharjah, has made a strong call for a renewed global commitment urging greater cooperation among world leaders, decision makers, humanitarian organisations and civil society to protect children from being pushed into the world of forced ...

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Facebook’s top market heads for strict privacy regulations

Bloomberg B.N. Srikrishna is a genial, 77-year-old former Supreme Court judge who recites Shakespeare and Sanskrit scriptures with equal facility. But he’s making the likes of Google, Amazon and Facebook more than a little nervous. Srikrishna is leading the effort to draft new data-privacy laws for India that will regulate how tech giants from the US and elsewhere operate in ...

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Cobalt battery boom wavers as prices slide in top user China

Bloomberg Cobalt is facing its first major test since an impending demand boom from electric vehicles triggered a two-year surge, with prices retreating in top consumer China amid signs there’s still enough material to go around. The price for cobalt sulfate — the chemical form used in car batteries and consumer electronics — fell to its lowest since January, and ...

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Judge could clear AT&T’s Time Warner deal with ‘no blackout’ fix

Bloomberg AT&T Inc.’s wait is finally over. Nearly two years after inking an $85.4 billion deal to acquire Time Warner Inc., the phone giant will learn on Tuesday whether a federal judge in Washington will grant the US Justice Department’s request to block the takeover on antitrust grounds. The decision hinges on whether the combination of AT&T’s pay-TV and mobile-phone ...

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