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  Bloomberg Chancellor Angela Merkel warned Germans against turning to economic isolationism, saying she’s “not happy” about the possible collapse of the Trans-Pacific Partnership after US President-elect Donald Trump said he’ll withdraw from the trade accord. Fresh from announcing she’ll seek a fourth term in next year’s German election, Merkel used a speech to parliament in Berlin to acknowledge voters’ ...

  Washington / AFP Donald Trump signaled his campaign trail dismissal of the threat of climate change may have been hot air after all, saying he was “open minded” on supporting global accords. The US president-elect emerged from cabinet-building talks in his Trump Tower headquarters and traveled ten minutes across town to The New York Times to give a wide-ranging interview ...

  MOSUL / AP An airstrike by the US-led coalition on Wednesday “disabled” the fourth bridge on the Tigris River in Mosul, leaving the northern Iraqi city with a single functioning bridge and further disrupting the Islamic State group’s supply lines amid the government offensive against IS militants. The extremist group’s media arm, the Aamaq news agency, and a top ...

  Dubai /WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minster of the UAE and Ruler of Dubai, on Tuesday launched the UAE University (UAEU) Science and Innovation Park on the university campus in Al Ain. He unveiled the plaque of the UAEU Science and Innovation Park, a-first-of-its-kind research hub and student innovation incubator in ...

  Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) is highlighting its new initiatives aimed at further enhancing the overall visitor experience and boosting green tourism practices, as part of the activities that are being held during UAE Innovation Week from November 20–26. Dubai Tourism has set up an exhibition stand at BOXPARK, the offbeat ...

  Havana / WAM The UAE is keen to strengthen co-operation with the Republic of Cuba in areas such as trade and economy, investment and tourism, as the bilateral economic support will significantly benefit the people of both countries, said Sultan bin Saeed Al Mansouri, the UAE Minister of Economy. “We had the pleasure of exploring Havana and seeing the rich ...

  Dubai / Emirates Business Norton by Symantec (NASDAQ: SYMC), on Tuesday released findings from its annual Norton Cyber Security Insights Report, revealing 2.53 million consumers in the UAE have been victims of online crime in the past year as hackers take advantage of consumer complacency. The report shows that despite spending more than AED 5.2 billion (US $1.4 billion) ...

  Bloomberg South Africa delayed plans to build nuclear power plants as economic growth stalls, easing spending concerns as the country faces the risk of being cut to junk by credit-rating companies. The rand strengthened the most of major currencies against the dollar. The new timeline sees the first additional nuclear power plant coming on stream in 2037, compared with ...

  Bloomberg Edcon Holdings Ltd. returned to profit in the second quarter after debt repayment costs eased following the exit of US private equity firm Bain Capital, while South Africa’s biggest clothing retailer cleared unwanted stock to boost sales during the busy festive period. Net income for the three months through September was 163 million rand ($11.5 million), the Johannesburg-based ...

  Dubai / Emirates Business The Arab-Brazilian Chamber of Commerce (ABCC) has recently noted the significant growth in construction material exports to the Arab World. The strong numbers indicate that the UAE is a leading country for Brazilian exports in 2016 with US$15.69 million recorded for the year alone so far. This reflects the strong trade relations between Brazil and ...