Bloomberg Europe warned the world’s biggest tech and advertising companies that they need to intensify efforts to combat disinformation on their platforms ahead of European elections, or face regulation. The European Commission, the bloc’s executive body, acknowledged that companies such as Alphabet Inc’s Google, Twitter Inc and Facebook Inc, had made “some progressâ€, in particular with removing fake accounts and ...
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Apple’s next forecast to likely show sales are still falling
Bloomberg Anyone looking for an upbeat forecast from Apple Inc is likely to be disappointed when the company’s results were expected on Tuesday. The company is set to report its first holiday quarter sales decline since the iPhone launched, and analysts are predicting revenue will keep shrinking in the current quarter. In early January, Chief Executive Officer Tim Cook forecast ...
Read More »Arab Health 2019 opens in Dubai
Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Health Authority, on Monday officially inaugurated the Arab Health Exhibition and Congress 2019, followed by a tour of the exhibitions. More than 84,500 healthcare and trade professionals from 160 countries and 4,150 exhibiting companies from 66 countries are ...
Read More »VP praises achievements of ‘Dubai Aviation City Project’
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, praised the achievements of the “Dubai Aviation City Project†in Southern Dubai, which covers a plot of land with an area of 145-square kilometres next to the site of the Expo 202 Dubai. During his tour of ...
Read More »Tawdheef Abu Dhabi Fair inaugurated
ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, inaugurated the 13th Tawdheef Abu Dhabi 2019, which is the country’s leading Emiratisation fair and was attended by many officials. The new edition of the three-day fair, which is witnessing the participation of 107 government authorities and institutions and private companies and was organised by Informa Exhibitions, ...
Read More »DXB keeps rank as world’s busiest international airport
Dubai / WAM Dubai International (DXB), has retained its position as the world’s busiest airport for international customer numbers for the fifth consecutive year, with annual traffic for 2018 surpassing 89.1 million. Aside from record traffic numbers, DXB enjoyed a banner year for customer service with shorter wait times and new retail and food and beverage offerings. The total number ...
Read More »Trump warns of ‘shutdown’ if deal over wall not reached
Bloomberg The committee of lawmakers crafting a plan for the southern US border is expected to start meeting this week, even as a defiant President Donald Trump made clear he won’t take no for an answer in his effort to construct a border wall. “Does anybody really think I won’t build the WALL?†Trump said in a tweet that ran ...
Read More »Nissan faces SEC probe in US over exec pay
Bloomberg The Securities and Exchange Commission (SEC) is investigating whether Nissan Motor Co accurately disclosed its executive pay in the US, according to several people familiar with the matter, compounding the carmaker’s woes as it grapples with the aftermath of former chairman Carlos Ghosn’s arrest. The US financial regulator is examining whether Nissan’s executive-pay disclosures were accurate and whether the ...
Read More »Takeda plans biggest Japanese company bond sale
Bloomberg Takeda Pharmaceutical Co is planning what would be the biggest single-tranche Japanese corporate yen bond sale in an effort to extend its debt obligations following its $62 billion purchase of Shire Plc, according to people with knowledge of the discussions. The drug maker is planning to sell as much as 500 billion yen ($4.6 billion) of hybrid notes in ...
Read More »EU sees Siemens-Alstom deal remedies inadequate
Bloomberg A last-ditch bid by Siemens AG and Alstom SA to win approval from the European Union’s top antitrust regulator for their planned rail merger isn’t good enough to allay concerns about competition, according to a person with knowledge of the situation. The fresh concessions, first reported by Bloomberg January 25, come too late and fall short of the bold ...
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