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Bloomberg At this time of year, Carlos Ghosn would normally be hobnobbing with the global elite at the World Economic Forum in Davos. Instead, he’s languishing in a Tokyo prison. Now the ousted Nissan Motor Co chairman is making a last-ditch effort to win release on bail by pledging to remain in Japan before his trial for alleged financial misconduct. ...

Bloomberg The operation of the World Trade Organization (WTO) may soon stall because of US delays in appointing new judges, Canada’s trade minister said as he prepares to convene another round of reform talks in Davos. Jim Carr, in an interview with Bloomberg’s Kathleen Hays in Tokyo, said the US refusal to appoint judges to the appellate body of the ...

Bloomberg For all the hand-wringing and headlines over the fallout of the US government shutdown, most forecasters still don’t expect it to cause too much pain to the economy so long as it doesn’t endure. Analysts project the government will reopen by mid-February, though if the closure lasts through March, the disruption will cause economic growth to dip below 2 ...

Bloomberg Just Eat Plc’s CEO is leaving after a surge in competition from rival apps and pressure from an activist shareholder to speed up decision-making and consider the sale of assets. Peter Plumb is stepping down with immediate effect, with Peter Duffy, chief customer officer, appointed as interim CEO. In December, shareholder Cat Rock Capital Management LP recommended Just Eat’s ...

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 providing a high quality of life for citizens is a key priority for the government. The government seeks to develop projects and find creative solutions for achieving the strategic objective of ensuring sustainability and providing ...

DUBAI / WAM A Smart Grid Station (SGS), has been inaugurated in Al Ruwayyah, Dubai on Sunday, by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, The construction of the new station is part of Dubai Electricity and Water Authority’s (Dewa), efforts to implement technologies which link smart buildings for the exchange ...

Dubai / WAM Strategic partnership and security cooperation are the main UK themes as over 100 UK security, fire and safety companies exhibit a range of world leading capabilities at Intersec 2019, which began on Sunday in Dubai. This significant UK presence reflects the strong commitment to future security cooperation and partnership between the UK and the UAE. A press ...

HODEIDAH / WAM The Emirates Red Crescent (ERC), inaugurated its fourth free mobile clinic along Yemen’s Red Sea Coast. The mobile clinics have treated over 18,000 Yemenis, including children, women and the elderly. Dr. Moustafa Al Kazmi, Head of the Medical Team, stated that the clinics in Al Ghuwairiq, At Tuhayat District, have treated over 80 medical cases, while noting ...

Bloomberg Democratic Republic of Congo (DRC)’s Constitutional Court confirmed opposition leader Felix Tshiskedi as the next president, while rival Martin Fayulu rejected the ruling and declared himself the rightful head of state. The court judgment of Sunday in Kinshasa, the capital, clears the way for the first transfer of power via the ballot box in the cobalt- and copper-rich nation ...

Bloomberg A red-hot economy, business-friendly policies and a Communist party led by free-traders: that’s the elevator pitch Vietnamese Prime Minister Nguyen Xuan Phuc is delivering to global investors amid the US-China trade war. “We are ready to grab the opportunity,” Phuc said in an interview with Bloomberg TV’s Haslinda Amin, a few days before departing this week to the World ...