AL AIN / WAM Sheikh Hazza bin Tahnoon bin Mohammed Al Nahyan, Under-Secretary of the Court of the Abu Dhabi Ruler’s Representative in Al Ain Region inaugurated the 11th edition of Al Ain Book Fair, which plays a vital role in bolstering the UAE’s publishing industry. Running at Al Ain Convention Centre until October 3, the Book Fair is held ...
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Dems gird for impeachment fight overtaking 2020 race
Bloomberg It’s a fight that President Donald Trump has been spoiling for, and one that House Speaker Nancy Pelosi was reluctant to give him. And now, with the involvement of the Democratic front-runner Joe Biden, it’s a fight that could overtake the 2020 presidential campaign, no matter who becomes the Democratic nominee. Pelosi announced a formal impeachment inquiry. If it ...
Read More »Vietnam’s $5b plan to tamp down Trump’s tariff threats
Bloomberg Vietnam’s campaign to tamp down the Trump administration’s trade gap ire has come to a coastal commune better known for growing dragon fruit along one-lane potholed roads. The community could soon be home to a $5 billion liquefied natural gas project that would include an import terminal and gas-fired power plant and eventually import billions of dollars of US ...
Read More »Ford to put struggling India business into JV with Mahindra
Bloomberg Ford Motor Co is set to transfer most of its assets in India to a joint venture with Mahindra & Mahindra Ltd after failing to make meaningful inroads for more than two decades in the world’s fourth-largest automobile market, people with knowledge of the matter said. Mahindra, one of India’s largest automakers, will own 51 percent of the new ...
Read More »Facebook defies antitrust warnings with ‘startup deal’
Bloomberg Facebook Inc sent a clear signal with its agreement to buy a brain computing startup: heightened regulatory scrutiny and intensifying antitrust probes won’t slow down its pace of acquisitions. With its announcement of plans to purchase CTRL-Labs for at least $500 million, Facebook continued its pattern of snapping up promising startups in new markets, the very behaviour that the ...
Read More »Fiat merger ‘behind us’: Renault chairman
Bloomberg Renault SA Chairman Jean-Dominique Senard said he would back a tie up with Fiat Chrysler Automobiles NV should another opportunity arise to get a deal. If the project with Fiat “were to come back under conditions that are acceptable for all, I would be delighted,†Senard told French senators at a hearing in Paris, adding that there’s nothing currently ...
Read More »Google contractors vote to join United Steelworkers’ union
Bloomberg Contract workers for Google in Pittsburgh voted to join the United Steelworkers, according to the union. The result was 49 votes for and 24 against, said Maria Somma, the organising director for the union. This is one of the first victories for organised labour since waves of employee activism began consuming the technology giant last year. The union hopes ...
Read More »Governments should have a strong focus on outcomes
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has said that the continued improvement and enhancement of government processes and procedures are critical to enhancing the lives of individuals and ensuring better opportunities for future generations. Governments should have a strong focus on outcomes and seek ...
Read More »New joint ownership real estate law issued in Dubai
Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (6) of 2019 pertaining to the joint ownership of real estate in Dubai. The new law applies to all major real estate development projects and jointly owned properties in Dubai, including ...
Read More »Indonesian delegation learns about Islamic economy in UAE
Dubai / WAM Dubai Islamic Economy Development Centre (DIEDC), received a senior financial delegation from Indonesia that aimed to learn about the Islamic economy system in the UAE and explore opportunities for cooperation. The delegation comprised senior officials from Bank Indonesia – the central bank of the country – and the Indonesia Halal Lifestyle Centre, as well as representatives of ...
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