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Clinton, Trump scramble to finish as poll day nears

  Cleveland / AFP Donald Trump and Hillary Clinton packed their schedules with last minute campaign events on Sunday, two days out from an election that has gripped the world. Clinton is banking on star power to lock in her narrow poll lead, hosting back-to-back weekend pop concerts with Beyonce and Katy Perry and booking a date with President Barack Obama. ...

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uae’s food sector sales poised to grow 7.4% every year till 2020

  Dubai / Emirates Business UAE food sales are projected to grow by an annual average of 7.3 percent ($16.7bn) between 2015 and 2020, according to a new BMI report commissioned by Dubai World Trade Centre (DWTC) and released in tandem with the opening of its annual trio of specialist foods shows, which run until November 9. In addition to ...

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DEWA finishes photovoltaic installations on 222 buildings

  Dubai / Emirates Business Dubai Electricity and Water Authority (DEWA) announced the achievements made by the Shams Dubai initiative as of October. DEWA launched the Shams Dubai in adherence with the Smart Dubai initiative, which was launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make ...

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Prosecutors widen ‘dieselgate’ probe net to VW chairman

  Frankfurt / AFP German prosecutors probing whether Volkswagen executives manipulated the markets in the wake of the “dieselgate” scandal have widened their investigation to include the chairman of the group’s supervisory board, the auto giant said on Sunday. “The proceedings refer to the period during which (chairman) Hans Dieter Poetsch served as the group chief financial officer,” VW said ...

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Tight US job market delivers as pay accelerates

  Bloomberg Millions of Americans have gone back to work since the last recession. Now they’re finally getting some decent pay raises. Average hourly earnings of workers climbed 2.8 percent in October from a year earlier, the fastest pace in seven years, Labor Department figures showed Friday in Washington. Rising wages are encouraging people to look for greener pastures: Among ...

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Australia could lose AAA tag as early as Dec

  Bloomberg Australia could be stripped of its top credit score by S&P Global Ratings as early as next month if the government’s interim budget review shows further deterioration, according to BlackRock Inc. The mid-year economic and fiscal outlook, which for the past three years has been delivered in December, could be a “catalyst” for the country to lose its ...

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Hong Kong moves to cool rein in home prices

  Bloomberg Hong Kong Chief Executive Leung Chun-ying is taking additional steps to cool the world’s costliest property market, where prices have rebounded after a short-lived dip. The government raised the stamp duty to 15 percent for all residential purchases except for first-time buyers who are permanent residents. Until now, the highest levy for residents was 8.5 percent, while foreigners ...

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SCTDA eyes WTM for promotion of Sharjah tourism in European nations

  Sharjah / Emirates Business Sharjah Commerce and Tourism Development Authority (SCDTA) will continue to build stronger ties in the European markets through its participation in the World Travel Market (WTM) 2016. Being held in London from November 7-9, the World Travel Market is the leading event for the travel and tourism industry globally. The UK remains a key opportunity for ...

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Dubai summit to focus on evolution of clean mobility

  Dubai / Emirates Business The development of electric, autonomous, and connected vehicles in the Gulf Cooperation Council (GCC) will be in sharp focus at a conference and exhibition in Dubai this month, as the Emirate’s government takes a lead role in the future of regional mobility. The 2nd International Conference on Future Mobility, to be held from November 14-15 ...

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‘Secondhand shisha smoke worse than that of cigarettes’

  Abu Dhabi / Emirates Business A new study by the NYU Abu Dhabi Public Health Research Center revealed that smoking shisha at home exposes children and non-smokers in the home to even more harmful pollutants than secondhand smoke from cigarettes. Air pollution was studied in 33 homes in the United Arab Emirates: 11 where only shisha was smoked, 12 ...

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