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UK businesses prepare Brexit wish lists as EU talks commence

  Bloomberg Businesses are bracing for Brexit by making last-ditch demands of the UK government to keep their interests in mind when Prime Minister Theresa May opens two years of talks with the European Union this week. Concerns include the risk of tariffs on exports to the EU, disruptions to supply chains and the potential loss of European workers. Bloomberg ...

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Trump expected to offer more coal reserves to miners

  Bloomberg President Donald Trump is expected to lift a moratorium on federal coal-mining leases — and it probably won’t do the industry much good until years after he’s left office. That’s because US coal companies including Peab-ody Energy Corp. won’t be looking to secure new reserves of the fossil fuel on federal land for years, especially as mining slows ...

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Dakota Access pipeline outlasts protests

  Bloomberg In the end, the pipeline won. Dakota Access, which became a rallying point for tens of thousands of anti-fossil fuel and Native American-rights protesters, is preparing for service, a court filing on Monday showed. Now that the last segment built underneath Lake Oahe has been filled with oil, it’s only a matter of time before the line delivers ...

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Dow-DuPont shows innovation is EU’s M&A battleground

  Bloomberg Dow Chemical Co. and DuPont Co.’s success at converting smart ideas in the laboratory into products used by farmers across the world was nearly their undoing when European Union regulators started poking around their proposed $77 billion merger. The bloc has been pushing to encourage investment in research and development as part of its political agenda, and EU ...

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VP okays AED1.2bn road contracts

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the award of two contracts for constructing the 7th Interchange on Sheikh Zayed Road, as well as Al Yalayis and Al Asayel Roads, at a cost of AED 1.2 billion. The two projects will enhance the ...

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Mohammed opens GMIS

  Abu Dhabi / WAM The Inaugural edition of the Global Manufacturing and Industrialisation Summit (GMIS) was officially opened on Monday evening in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai. The Summit is being held under the patronage of His Highness Sheikh Mohamed bin Zayed ...

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Abu Dhabi Media wins 3 ‘Digital Studio Awards’

  Abu Dhabi / Emirates Business Abu Dhabi TV Network, part of Abu Dhabi Media, has won three strategic ‘Digital Studio 2017’ awards at the CABSAT 2017 Dubai exhibition, underscoring the network’s leading role in the regional media industry. The prestigious awards highlight the commendable status and values of Abu Dhabi Media’s television network, which adopts the highest professional standards ...

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Putin critic jailed as mass rallies energize Russian opposition

  Bloomberg Russian opposition leader Alexei Navalny was jailed for 15 days after the largest anti-government demonstrations for at least five years energized President Vladimir Putin’s critics as presidential elections loom. Navalny was imprisoned by a Moscow court on Monday after being convicted of disobeying police and fined 20,000 rubles ($352) for organizing an unsanctioned protest after more than 1,000 ...

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Mother of the Nation Festival taps importance of water sustainability

  Abu Dhabi / WAM Miyah – World of Water, an interactive installation illustrating the importance of global water sustainability, will debut at this year’s Mother of the Nation Festival taking place from March 26- April 4 on the Abu Dhabi Corniche. The installation aims to shed light on the value of water preservation while outlining its role in sustaining ...

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US travel sector to take a beating under Trump

  Bloomberg Like many Washington lobby groups, the US Travel Association was quick to congratulate the new president on his victory last November. “We are encouraged that Mr Trump’s extensive business and hospitality background … will make him a ready and receptive ear,” the trade organization said. Upon the Republican’s inauguration, the USTA’s chief executive, Roger Dow, pledged the industry ...

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