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Bloomberg The US is weighing sanctions on Venezuela’s oil sector, Rex Tillerson said in Argentina, as he continues a South America trip that’s quickly being dogged by President Donald Trump’s threat to cut aid to the countries the Secretary of State is visiting. Tillerson said that during his meetings with Argentina’s leaders he’d raised the possibility of oil sanctions as ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that innovative Emiratis are the cornerstone of leadership and the future and the most important element in achieving the strategic visions of the UAE. During the graduation ceremony of the second group completing the Diploma ...

Ras Al Khaimah / WAM The Ras Al Khaimah Tourism Development Authority (RAKTDA), the government body that develops the emirate’s tourism infrastructure and initiates its domestic and overseas promotions, on Sunday announced its results for the 12 months ending December 31, 2017. The organisation reported a growth of 19 percent in the overall number of tourists, with a substantial increase ...

Dubai / Emirates Business Dubai has made waves in the global maritime leisure industry, as Norway-based Manon Business Group announced that the emirate has become one of the top ten maritime capitals last year, and fifth in terms of competitiveness and attractiveness. The emirate continues to innovatively combine state-of-the-art waterfront properties and leisure-friendly initiatives to further enhance the experience of ...

Abu Dhabi / Emirates Business The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) is to launch a comprehensive digital initiative which will act as a ‘one-stop’ reference point for all information relating to culture in the emirate of Abu Dhabi. The initiative, planned to launch as part of UAE Innovation Month, is called ‘Abu Dhabi Culture’ ...

Bloomberg For the world’s top automakers wanting to join the race for electric vehicles, China is proving too hard to resist. Aston Martin, the legendary British brand immortalised by James Bond movies, is seeking a joint venture in China to help break into the world’s biggest market for EVs, Chief Executive Officer Andy Palmer said in an interview. Aston Martin ...

Bloomberg South Australia plans to roll out solar panels and Tesla Inc. batteries to at least 50,000 homes to form what its government says will be the world’s largest virtual power plant. Beginning with a trial of 1,100 public housing properties, 5 kilowatt solar panels and 13.5 kilowatt-hour Tesla Powerwall 2 batteries will be installed free of charge and financed ...

Bloomberg After sinking billions into driverless cars, internet balloons and life-extension research, Alphabet Inc. is being weighed down by more mundane expenses—the cost of running its behemoth online search business. Google’s parent company reported fourth-quarter profit that missed analysts’ estimates, hobbled by rising payments for search and advertising distribution to companies like Apple Inc., as well as higher marketing spending ...

Bloomberg The European Union may be willing to discuss residency rights for EU citizens arriving in the UK after Brexit, a senior EU official said, in what could signal a less rigid approach from the bloc ahead the separation talks in Brussels. While the EU won’t accept an end to the freedom of movement during the transitional period after March ...

Bloomberg The US labour market began 2018 on a strong note as Americans saw wage gains accelerate amid better-than-expected hiring, raising hopes that a long-overdue pickup in worker pay is finally in train. Nonfarm payrolls rose 200,000 in January, exceeding the median estimate of economists for a 180,000 increase, Labor Department data showed, as the jobless rate held at a ...