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Bloomberg Volkswagen AG’s US unit agreed to settle a lawsuit over the company’s marketing of clean-emissions vehicles, resolving a fight over consumer fraud claims days before it was scheduled to go to trial. The suit was dismissed on February 23 by Fairfax County, Virginia, Circuit Court Chief Judge Bruce D. White on agreement of the parties, according to a copy ...

Bloomberg Twenty-two states and the District of Columbia have joined the legal battle started by Mozilla Corp. and Vimeo Inc. to reverse the Federal Communications Commission (FCC) repeal of net neutrality. The Obama-era prohibitions, meant to prevent broadband service providers from slowing or blocking web traffic or demanding payment for faster speed across their networks, were rescinded by the FCC ...

Bloomberg They were informally called the “Hapsburg group,” a misspelled reference to the monarchy that ruled parts of central Europe through World War I. Under that umbrella, former European heads of state were secretly paid more than 2 million euros ($2.4 million) by Donald Trump’s former campaign manager, Paul Manafort, to aid lobbying for Ukraine, according to a superseding indictment ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the second round of Arab Hope Makers, the largest Arab initiative dedicated to celebrating philanthropic efforts. The initiative seeks to honour and promote the people who spread hope, and who encompass the values of giving, positivity and ...

Dubai / WAM Dubai has once again improved its innovation performance climbing one spot to rank 14th among 30 global cities on the 3rd Dubai Innovation Index, outperforming major business destinations such as Berlin, Madrid, Shanghai and Sao Paulo. The findings of the latest Index were released by the Dubai Chamber of Commerce and Industry on the sidelines of the ...

SHARJAH / WAM Sharjah and the Netherlands committed to work more closely with each other and strengthen and expand trade ties even further. During a series of panels and debates at a round table event, members of the Sharjah FDI Office (Invest in Sharjah) and the Netherlands and BeNeLux Business Councils agreed that positive, practical steps will be taken to ...

Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), revealed that mass transit means in Dubai comprising the Metro, Tram, Buses, marine transport (Abra, Ferry, Water Taxi & Water Bus), and taxis (Dubai Taxi & franchise companies) had lifted 551.7 m riders in 2017 according to RTA’s Statistics ...

Bloomberg The founder of Zhejiang Geely Holding Group Co. has accumulated a stake worth about 7.3 billion euros ($9 billion) in Daimler AG, marking the biggest investment in a global automobile manufacturer by a Chinese company. Li Shufu acquired the 9.7 percent holding through Geely Group, a company owned by the billionaire and managed by his carmaking group, according to ...

Bloomberg India’s biggest exchange operator, which ended licensing deals with its global counterparts in an effort to rein in offshore derivatives, wants index compilers to stay out of the dispute. Vikram Limaye, chief executive officer of the National Stock Exchange of India Ltd., said in an interview that he is asking MSCI Inc. to tell its clients to not use ...

Bloomberg Some are handing out bonuses or raising pay, others are subsidising housing or upgrading mobile homes to include showers and central heating. Whatever they’re doing to attract or retain workers, British farmers are increasingly worried about a labour shortage. Brexit is delivering on at least one of the priorities for its ardent supporters as Europeans start to stay away ...