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  Bloomberg Satisfying the sweet tooth of the world’s biggest sugar-consum- ing country is getting a lot more expensive. At a time when demand in India is the highest ever, domestic output will drop for the fourth year in five, creating the first deficit since 2010 as prices surge. SGS SA, a researcher hired by Bloomberg to survey farmers in ...

  Bloomberg Walt Disney Co. said its new $5.5 billion Shanghai theme park attracted four million visitors in its first four months and will be close to breaking even in its first full year of operation in 2017. About 50 percent of the park’s guests are from outside the Shanghai area, a “big surprise” as the Chinese city had been ...

  Bloomberg The Obama administration’s signature policy on technology was net neutrality. Rules passed by the Federal Communications Commission in 2015 prohibited internet service providers from treating web traffic differently depending on the service being used.To Obama’s FCC, the rules were a way to prevent broadband providers from inappropriately knee-capping companies like Netflix whose services competed with their own. Opponents ...

  Reuters Facebook Inc has said it would no longer allow certain advertisers to exclude racial or ethnic groups when placing ads on its service, following criticism that the practice was discriminatory. The move comes amid growing scrutiny of how the world’s largest online social media network’s policies and algorithms shape what content appears in a user’s news feed. The ...

  CAIRO / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, held talks with Egyptian President Abdel-Fattah Al-Sisi here on Thursday regarding the latest regional and international issues of mutual concern and ways to bolster strategic co-operation. The Abu Dhabi Crown Prince is currently visiting ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received on Thursday the visiting Armenian President Serzh Sargsyan and the delegation accompanying him, at his palace in Zabeel, Dubai. Sheikh Mohammed bin Rashid wished Sargsyan a successful visit that would help serve the joint interests of the ...

  Abu Dhabi / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of the Abu Dhabi Executive Council, on Thursday praised the strategic direction of the Abu Dhabi National Oil Company’s (ADNOC) that will ensure a resilient oil and gas sector, for decades to come, as part of a diversified energy mix, thanks to the support of President His ...

  Dubai / Emirates Business ADNOC, Abu Dhabi’s integrated oil and gas company, in conjunction with the Abu Dhabi Chamber, on Thursday hosted the ADNOC Private Sector Forum, as part of its efforts to strengthen its partnerships with suppliers and local businesses. HE Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO said: “Abu Dhabi’s private ...

  Dubai / Emirates Business The Global Business Forum on Latin America kicked off on November 9 with day one bringing together a number of high-profile speakers and panellists who explored prospects for investment and cooperation between the GCC and the countries of Latin America. In a panel discussion titled “Sector Insight – Energy: The Challenge of Renewables”, Hector Olea, ...

  Dubai / Emirates Business The development of free zones can help resource-reliant countries in Latin America successfully diversify their economies, panellists told the inaugural Global Business Forum on Latin America 2016 which was recently held in Dubai. Speaking during a panel session entitled Accelerating Diversification – The Power of Zones, His Excellency Hamad Buamim, President and CEO of the ...