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UAE’s leadership prioritises women’s health: Sheikha Fatima

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has highlighted the UAE leadership’s commitment to providing optimal health and prenatal care to women in the country. In a speech marking the over 25 years of dedicated ...

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Indian court orders telecom firms to pay $13b in past dues

Bloomberg India’s top court ordered several telecom carriers, including Bharti Airtel Ltd, Vodafone Idea Ltd and many defunct ones, to pay the government as much as 920 billion rupees ($13 billion) in past dues, dealing a blow to the businesses already struggling to make profits and pare debt. The Supreme Court, in a ruling read out by a two-judge bench ...

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China willing to import $20b of US farm goods

Bloomberg China aims to buy at least $20 billion of agricultural products in a year if it signs a partial trade deal with the US, and would consider boosting purchases further in future rounds of talks, people familiar with the matter said. The $20 billion would take its imports of US farm goods back to around the level in 2017, ...

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GM strike ends after almost six weeks at cost of $2 billion

Bloomberg General Motors (GM) employees voted in favor of a new four-year labor agreement reached with the United Auto Workers (UAW), ending a nearly six-week-long strike that has cost the company about $2 billion and rippled through the US economy. The union said the deal was approved by 57.1% of its members, enough to ratify the contract and stop the ...

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Apple receives street-high target at Morgan Stanley

Bloomberg Apple Inc, which saw its shares touch a record high, just earned a new Street-high price target. Morgan Stanley raised its target to $289 a share from $247 a share, the highest among analysts and implying 20% upside from earlier closing price. The bank cited Apple’s upcoming TV+ release next month, contrasting with other brokers who have been less ...

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EU court rebukes France for diesel pollution in cities

Bloomberg France suffered an embarrassing defeat at the European Union’s top court over EU warnings that big cities from Paris to Nice exceeded pollution limits caused mainly by diesel-car engines. In the first ruling following a recent crackdown on dirty air in nations including Germany, Italy and the UK, judges at the EU Court of Justice said France “systematically and ...

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One million turn out in Chile as protests gather momentum

Bloomberg More than a million people poured into Santiago’s public squares and thoroughfares in one of the biggest street protests ever seen in the Chilean capital. Downtown areas such as the iconic Plaza Italia came alive with people, mainly student-age and twenty-somethings but also older people and families, waving flags and banners seeking better pay, pensions, healthcare and education. Many ...

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Hazza bin Zayed receives Emirati students in Japan

TOKYO / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of the Abu Dhabi Executive Council, on Wednesday received at his residence in Tokyo, several Emirati students studying in Japanese universities. HH Sheikh Hazza conveyed to the students the greetings of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the Vice President and Prime Minister of ...

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Dubai is making rapid strides to bolster its green economy

Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that the emirate is making rapid strides to strengthen its green economy and enhance sustainable development as per international best practices in clean and renewable energy adoption. His Highness said that Dubai has achieved considerable success in ...

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ECI, ADGM partner to develop UAE’s non-oil business sectors

ABU DUBAI / WAM Etihad Credit Insurance (ECI), signed a Memorandum of Understanding with Abu Dhabi Global Market (ADGM), to promote and sustain an effective financial ecosystem and provide an advantageous business environment that nurtures collaboration and international competitiveness of UAE businesses. Signed during FinTech Abu Dhabi, this agreement will enable the two institutions to support the development of numerous ...

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