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Netflix agrees first China licensing deal with IQiyi

  Bloomberg Netflix Inc. agreed to provide television series to China-based iQiyi.com, the streaming-video service controlled by Baidu Inc., gaining access to the only major film market that had eluded the world’s largest paid video service. The licensing deal covers television dramas, animated series, documentaries and variety shows, iQiyi said in an emailed statement on Wednesday. Popular Netflix original content ...

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Canada’s Linamar at center of Trump-Nafta clash

  Bloomberg Linamar Corp. is a perfect poster child for globalization. Founded by a refugee fleeing Soviet aggression in his native Hungary, the Canadian auto-parts maker has 24,500 employees spread around 12 countries. Its supply chain weaves in and out of dozens of nations — a single part can cross seven borders before finding its final home in a completed ...

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‘Canada is confident US will lose lumber dispute’

  Bloomberg Canadian Foreign Minister Chrystia Freeland said she’s confident her country will prevail over the US in a lumber dispute and urged President Donald Trump’s administration to uphold free trade. Freeland said she raised trade matters with first daughter Ivanka Trump on the sidelines of a conference in Berlin, though it wasn’t the focus of the meeting. The US ...

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Trump to order ‘oil drilling review’ off California coast

  Bloomberg President Donald Trump will open the door to new oil and natural gas drilling in Pacific waters off the coast of California with a directive that sets up a certain clash with environmentalists. Trump will order the Interior Department to review locations for offshore oil and gas exploration and consider selling drilling rights in territory that former President ...

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‘America’s rich get richer and poor get replaced by robots’

  Bloomberg America’s working class is falling further behind. The rich-poor gap — the difference in annual income between households in the top 20 percent and those in the bottom 20 percent — ballooned by $29,200 to $189,600 between 2010 and 2015, based on Bloomberg calculations using US Census Bureau data. Computers and robots are taking over many types of ...

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VP honours winners of ‘Excellence Programme’

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Tuesday honoured the winners of the 20th edition of the Dubai Government Excellence Programme, DGEP. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and HH Sheikh Maktoum ...

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Emiratis proved their loyality in performing national duties

  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, praised the citizens of the UAE for supporting charitable and humanitarian projects and contributing to the community. The citizens of the UAE have proved their loyalty in performing national duties, their sense of responsibility ...

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Sheraa, Air Arabia launch ‘new plan’ for budding entrepreneurs

  Sharjah / Emirates Business Coming on the heels of its successful inaugural accelerator showcase day, Sheraa – a launch pad for aspiring entrepreneurs in the UAE – is making swift progress to expand the portfolio of industries tapped by its growing community of budding entrepreneurs. The latest addition comes in the form of a collaboration with Air Arabia, the ...

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Sharjah Airport Authority to highlight expansion plans at ATM 2017

  SHARJAH / WAM Sharjah Airport Authority will highlight the airport’s latest achievements, expansion plans and services during its participation in the Arabian Travel Market Exhibition (ATM 2017) taking place in the Dubai World Trade Centre until April 27. The Arabian Travel Market is the global meeting place for the travel trade. Sharjah Airport Authority will be participating under the umbrella ...

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India steel boom on show as top mill aims to boost capacity

  Bloomberg JSW Steel Ltd. became India’s largest steelmaker this year as production surged. It wants to get bigger still, much bigger. The Mumbai-based company plans two plants of 10 million metric tons each in the resource-rich states of Odisha and Jharkhand, part of a drive to more than double in size to 40 million tons by 2030, according to ...

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