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Bloomberg Google, Twitter Inc. and Facebook Inc. have taken significant steps to expunge IS propaganda and other terrorist content from their platforms. But taking no chances, the European Union (EU) is set to propose a tough new law anyway — threatening internet platforms, big and small, with fines if they fail to take down terrorist material, according to people familiar ...

Bloomberg Harley-Davidson Inc. cut its forecast for profit margin this year, adding to its predictions of damage done by President Donald Trump’s trade war. Operating margin will drop to between 9 percent and 10 percent this year due to the expected impact of tariffs, the Milwaukee-based manufacturer said in a statement. The company had been projecting a margin of as ...

Bloomberg Robots could destroy about 7 million existing UK jobs but create at least that many more over the next two decades, according to analysis by PricewaterhouseCoopers. There will still be winners and losers. Worst hit will be manufacturing, which could see 25 percent of current staff cut by 2037 because of artificial intelligence and related technologies, the report said. ...

SHARJAH / WAM In observing its premier status as Sao Paulo International Book Fair’s first-ever guest of honour, at its 25th edition, which runs from August 3-12, Sharjah will be putting its best foot forward in showcasing the gems of Emirati culture, with a special focus on their achievements in the past four decades. Sharjah’s pavilion at the book biennial ...

ABU DHABI / WAM More than 28,000 people visited The Founder’s Memorial in Abu Dhabi, since its public opening on April 22, becoming one of the major landmarks of the emirate. The Memorial is a permanent national tribute to the Founding Father, late Sheikh Zayed bin Sultan Al Nahyan, and represents a window for the visitors to learn about life ...

Dubai / WAM The Federal Competitiveness and Statistics Authority (FCSA), signed a Memorandum of Understanding (MoU), with the Dubai Electricity and Water Authority, (Dewa) to build a strategic relationship to support the United Nations 2018 World Data Forum, to be hosted by the United Arab Emirates in October. More than 1,500 leaders, decision makers, experts and specialists in the field ...

NEW YORK / WAM Diplomatic Ambassadors, part of the Ministry of Education’s “Our Ambassadors Programme” 2018 concluded an exploratory journey to the United States aimed at developing the scientific and personal skills in diplomacy and international relations of Emirati students. Supported by HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, the programme aims to ...

Bloomberg Facebook Inc.’s short-lived attempt to open an “innovation hub” in China underscores just how difficult it will be for the social network to build a meaningful presence in the country. Shortly after a government website showed a unit of the social network could register a company in Zhejiang, meant as a hub to interact with Chinese developers, the notice ...

Bloomberg Chinese e-commerce operator Pinduoduo Inc. rose as much as 44 percent on its first day of trading in New York after selling raised $1.6 billion in the fourth-largest US initial public offering this year. The shares, which priced at the top of the marketed range in the IPO, were up 36 percent to $25.88 in New York. The shares ...

Bloomberg One of the main deals announced between Russian President Vladimir Putin and his US counterpart Donald Trump at their summit in Helsinki — coordinated steps to help stabilise the situation in Syria — is already running into trouble. Facing a storm of criticism in Washington of their meeting, the two leaders touted the agreement to reduce Iran’s role in ...