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Leading defence, security experts to converge in Abu Dhabi for IDEX

  Abu Dhabi / Emirates Business IDEX Conference 2017, part of the International Defence Exhibition & Conference (IDEX 2017) and Naval Defence Exhibition (NAVDEX 2017), is set to draw the participation of several leading security and defence decision makers and experts from across the world. Themed Disrupting Innovation in Defence and Security, the conference will be held ahead of IDEX ...

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Mohammed: 2017 will be a year of abundance, generous giving

  Dubai / WAM 2017 will be a year of abundance and generous giving for the UAE and its citizens, while seeking to make a better future for citizens and government work, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, promised on Sunday, as he chaired the Cabinet’s first meeting of the year ...

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UAE enforces new law regulating ‘possession of dangerous animals’

  Dubai / Emirates Business In line with the directives of UAE President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, the Ministry of Climate Change and Environment (MOCCAE) announced the enforcement of the new Federal Law No. 22 of 2016 to regulate the possession of dangerous animals. The law aims to stop individuals from owning, trading and breeding all ...

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Trump: Only ‘fools’ see good relations with Russia as bad

  Bloomberg Facing calls to strike back at Russia for what US intelligence agencies have termed Moscow’s interference with the 2016 US presidential election campaign, Donald Trump instead suggested warmer relations between the two countries. The president-elect took to Twitter on Saturday to discuss the potential US-Russia relationship under his administration, a day after US spy chiefs briefed him on ...

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India’s strategic sales plan puts jobs at stake

  Bloomberg India’s plans to sell the government’s stake in several poorly performing companies have prompted trade union threats of a nationwide strike, laying out a test for Prime Minister Narendra Modi in the lead up to crucial state elections. With thousands of jobs potentially at risk, the government’s decision to offload a number of companies to the private sector ...

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Lobster prices soar as catch drops and China imports climb

  AP Lobster lovers are used to adjusting to high prices, but this winter, they’re shelling out even more for the cherished crustaceans because of a lack of catch off of New England and Canada and heavy exports to China. Winter is typically a slow season for U.S. lobster fishermen and an active one off Atlantic Canada. But catch is ...

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Serendipitous jobs, trade data help Canada shake off doldrums

  Bloomberg Canada is turning the page on the oil crash. From trade numbers to jobs to the stock market, evidence is beginning to mount the commodity producing nation is emerging from a lingering slump, after struggling through a cocktail of hurt that included collapsing oil prices, slow global growth and an aging population. Data showed the country recorded its ...

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German manufacturing orders weaken after investment-driven surge

  Bloomberg German factory orders fell in November, partially offsetting an investment-driven surge the previous month. Orders, adjusted for seasonal swings and inflation, dropped 2.5 percent from October, when they jumped a revised 5 percent, data from the Economy Ministry in Berlin showed. That compares with a median estimate of a 2.4 percent decline in a Bloomberg survey. Orders gained ...

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AT&T prefers easier route to Time Warner purchase

    Bloomberg AT&T Inc. and Time Warner Inc. said they can avoid having the Federal Communications Commission scrutinize their proposed merger, eliminating a significant hurdle in the path of the $85.4 billion deal that’s attracted criticism from President-elect Donald J. Trump. “While subject to change, it is currently anticipated that Time Warner will not need to transfer any of ...

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US grid in ‘imminent danger’ from cyber-attack: Study

  Bloomberg The US Energy Department says the electricity system “faces imminent danger” from cyber-attacks, which are growing more frequent and sophisticated, but grid operators say they are already on top of the problem. In the department’s landmark Quadrennial Energy Review, it warned that a widespread power outage caused by a cyber-attack could undermine “critical defense infrastructure” as well as ...

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