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  Bloomberg China’s third-biggest search engine expects to hold a US initial public offering at a valuation of as much as $5 billion as it raises cash to close the gap with leader Baidu Inc. in the mobile market. Sogou, whose name means “search dog,” plans to sell about 10 percent of its shares in an IPO that will probably ...

  Bloomberg Millions of toxic smartphones end up in landfills around the world each year. Kerry Chen — founder and chief executive officer of Shanghai Yueyi Network Co — thinks he can change that, starting with China — one of the worst offenders. With Chinese consumers hardly the biggest proponents of recycling, whether it’s cars or banquet leftovers, Chen reckons ...

  Bloomberg Canada consumer optimism ended 2016 with a small weekly increase, finishing above where it started the year on rising expectations for the country’s growth prospects. The sluggish economy, hampered by disappointing exports was a focal point for policymakers in Prime Minister Justin Trudeau’s first full year in power. Trudeau expanded transfer payments and cut middle-income taxes, while Bank ...

  Bloomberg American manufacturing expanded in December at the fastest pace in two years, reflecting firmer output and the biggest pickup in orders growth since August 2009. The Institute for Supply Management said that its index increased to 54.7, the fourth straight advance, from 53.2 a month earlier. The median forecast in a Bloomberg survey called for 53.8. Readings above ...

  WASHINGTON / AP Senior US intelligence officials face questions at a Senate hearing that will be dominated by the intelligence community’s assessment that Russia meddled in the presidential election to help Donald Trump win. The Armed Services Committee’s cyber threats hearing on Thursday comes a day before the president-elect is to be briefed by the CIA and FBI directors ...

  Abu Dhabi / WAM The Executive Committee of Abu Dhabi Executive Council, chaired by Saeed Eid Al Ghafli, approved a number of infrastructure projects worth AED241 million, in line with the wise leadership’s directives to achieve excellence in service provision. The committee approved a development project to increase the capacity of the electricity grid in Al Ain and its suburbs ...

  Dubai / WAM The first phase of the Dubai Street Museum project, being jointly implemented by Brand Dubai, the creative arm of the Government of Dubai Media Office, and Dubai Municipality saw the participation of prominent international mural and graffiti artists. The artists painted a total of 16 murals on themes drawn from the UAE’s history and rich heritage. Artists ...

  ISTANBUL / AP Turkey has identified the gunman in the Istanbul nightclub massacre, the foreign minister said on Wednesday as the president vowed that the country won’t surrender to terrorists or become divided. The gunman, who killed 39 people during New Year’s celebrations at the Reina club, is still at large. But Foreign Minister Mevlut Cavusoglu said authorities had identified ...

  Dubai / Emirates Business Dubai World Trade Centre (DWTC) awarded Al Futtaim Carillion (AFC) the contract to deliver Phase 1A6 of One Central, a major integrated Real Estate development located between the current Dubai International Convention and Exhibition Centre and Emirates Towers in the heart of the city’s Central Business District. This latest phase of One Central has a ...

  DUBAI / Emirates Business The Mohammed Bin Rashid School of Government (MBRSG) , a research and educational institution specializing in public policy in the Arab world, on Wednesday announced the launch of a series of new master’s degree programs under the theme ‘The Future Government’. As a knowledge partner of the Government of Dubai, MBRSG developed the new set ...