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Bloomberg The acrimonious fight over the future of Xerox Corp looks set to worsen after two of its largest shareholders, activist investor Carl Icahn and Darwin Deason, released a report alleging widespread corporate governance failures in the way the company negotiated its $6.1 billion sale to Fujifilm Holdings Corp. In a letter to Xerox shareholders, Icahn and Deason accused Xerox’s ...

Dubai / Emirates Business Travel trade professionals from across the world’s hospitality industry will descend upon Dubai on Sunday for the opening of Arabian Travel Market (ATM) 2018, the region’s leading travel industry showcase. Celebrating its 25th year, ATM 2018, which takes place at Dubai World Trade Centre (DWTC), will showcase the largest exhibition of regional and global hotel brands ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended part of the final round of the Abu Dhabi World Professional Jiu-Jitsu Championship 2018, which drew local and international players from different parts of the world at Mubadala Arena, Zayed Sports City, here ...

Dubai / WAM HH Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of Dubai Women Establishment (DWE) and wife of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has announced the second edition of The Innovative Leaders Programme in collaboration with the prestigious Ashridge-Hult International Business School. The programme, which is being ...

Dubai / WAM Dubai Land Department (DLD) has announced a number of new initiatives aimed to support the emirate’s economic diversification strategy by establishing Dubai’s real estate sector as the world’s leading property destination. The initiatives will see DLD developing a new mortgage and finance law in order to stimulate investment and streamline financial mechanisms in the real estate market. ...

Bloomberg The US and China look to be preparing for a protracted confrontation over trade and investment as they each try to line up allies for their cause. The struggle for support is being waged worldwide, with its locus shifting this week to Washington and the semi-annual meetings of the International Monetary Fund (IMF). Behind the battle: an effort by ...

Bloomberg Indonesia’s Fisheries Minister Susi Pudjiastuti deals with some dangerous men in her role, but they don’t rattle her. She has an equally intimidating weapon on her side: Google. Partnering with the search engine firm, Pudjiastuti is catching illegal fishing activity in real time, after thousands of vessels’ locations were revealed online. In her mission to clean up an industry ...

Bloomberg US President Donald Trump hailed “big progress” as North Korean leader Kim Jong Un pledged to halt nuclear testing, a largely symbolic gesture that appeared aimed at softening the ground for talks between the two leaders. Kim told a ruling party meeting in Pyongyang his regime would suspend tests of atomic bombs and intercontinental ballistic missiles after achieving its ...

Bloomberg Facebook Inc. set a lobbying record in the first three months, just as an uproar flared up the leak of data on millions of users’ without their permission. The company spent $3.3 million, according to disclosures filed with the government, up from the $3.21 million it spent in the same period a year earlier, which represented the company’s prior ...

Bloomberg General Electric Co reported solid results, reaffirmed its profit forecast and avoided the kind of nasty surprises that marred earnings in recent quarters. Chief Executive Officer John Flannery expressed optimism that GE would exceed its $2 billion cost-cutting goal and said he’s exploring new ways to run the company. “I’m excited about the path we’re on,” Flannery said on ...