Bloomberg Jaguar Land Rover’s revamped Defender sport utility vehicle is headed for the rugged slopes of Kenya to tow heavy loads and wade through rivers before the resurrected icon goes on sale next year. Testing of the prototype will take place in the Borana Conservancy and include carrying supplies across unforgiving terrain in real-world trials at the 14,000 hectare reserve, ...
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Bloomberg Alphabet Inc. reported first-quarter revenue that missed analysts’ estimates and spar-ked fears that advertisers are shifting some spending to digital rivals. Shares of Google’s parent company were down 7.8 percent during pre-market trading in New York on Tuesday. The stock closed at a record $1,296.20 shortly before its earnings were published. Sales came in at $29.5 billion, excluding payments ...
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Bloomberg Microsoft Corp. unveiled a partnership with VMware Inc. in a bid to bring more customers to its Azure cloud-computing service, emulating a pact that has benefited rival Amazon.com Inc. The agreement will let VMware customers move their technology systems to Microsoft’s Azure cloud-computing services, the companies said in a statement. Amazon Web Services, the leader in the market for ...
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Bloomberg Coal is piling up at ports across Europe, depressing both the cost of the fuel and price of electricity. Stockpiles at three European ports — Rotterdam, Amsterdam and Vlissingen — are near the highest since 2013. Supplies built up during a warmer than usual winter and as governments tried to reduce emissions from the most polluting fossil fuel. The ...
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Bloomberg Young South Africans are turning their backs on elective politics at the fastest pace in at least two decades, a trend that may hurt the ruling party in next week’s vote. The number of South Africans under 20 who have registered to participate in the May 8 general election has dropped to the lowest level since at least 1999, ...
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ABU DHABI / WAM The values of tolerance are a social responsibility for every individual in the country, affirmed His Highness. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Chairman of the Education and Human Resources Council. During the Council’s meeting, held at the Zayed University campus in Abu Dhabi, His Highness said that ...
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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE  and Ruler of Dubai, said that the UAE offers the world an advanced model for governance centred on ensuring the happiness of its people and improving their quality of life. Sheikh Mohammed’s comments came as he honoured winners of the second ...
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DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (Dewa), inaugurated the extension project of M-Station in Jebel Ali, the largest power and water desalination plant in the UAE. With the construction of the extension, the total cost of M-Station reached AED11.669 billion while ...
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Abu Dhabi / WAM The Abu Dhabi Government has repaid its sovereign bonds on 8th April 2019, according to an announcement by the Department of Finance – Abu Dhabi. The bonds were issued by Abu Dhabi Government in 2009 in two tranches of $1.5 billion each, with a total value of $3 billion. The first tranche with a value of ...
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Beijing / WAM Mansour Ibrahim Al Mansouri, Director-General of the National Media Council (NMC), officially opened the UAE Pavilion at the Expo 2019 Beijing, taking place in the Chinese capital from April 29 to October 7. Managed and supervised by the NMC, the Pavilion bears the theme ‘Greening the Desert’. This participation, which is the UAE’s first at the Expo’s ...
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