Bloomberg SoftBank Group Corp.’s talks to merge US unit Sprint Corp. with T-Mobile US Inc. ended after months of negotiations, dashing investors’ hopes for a wireless megamerger and signalling that unlimited data plans and heavy price discounting among US carriers will continue. SoftBank Chief Executive Officer Masayoshi Son and Tim Hoettges, CEO of T-Mobile parent Deutsche Telekom AG, couldn’t resolve ...
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UK Plc wants end to Brexit ‘soap opera’ in bid for certainty
Bloomberg UK business called for an end to the “soap opera†of Brexit and a return to the spirit of national unity last seen in World War II as it pushed for certainty on Britain’s future relationship with the European Union. Confederation of British Industry President Paul Drechsler will appeal for a “single, clear strategy†in an address on Monday ...
Read More »Diabetes devices move from painful fingerpricks to slick tech
Bloomberg Diabetes devices may be having their iPhone moment. For decades, the daily routine of diabetics involved painful needles, finger-pricking lancets and imprecise glucose metres. Now, manufacturers have begun incorporating the slick and consumer-friendly designs of Silicon Valley, linking to phones and other tech devices. “This is a crossroads for diabetes technology,’’ said Raj Denhoy, an analyst at Jefferies in ...
Read More »Trump warns nations against challenging US
Bloomberg President Donald Trump warned nations against challenging the US as he rallied American tro- ops in Japan on the first stop of his 12-day tour of Asia. Speaking to US and Japanese military personnel on Sunday at Yokota Air Base in western Tokyo, Trump said he would push for freedom in the region and fair trade in meetings with ...
Read More »DIEDC awards to celebrate Islamic economy innovators
Dubai / Emirates Business In line with the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, the Dubai Islamic Economy Development Centre (DIEDC) is gearing up to host the fifth Islamic Economy Award on 27 November, 2017 under the patronage of His Highness Sheikh Mohammed ...
Read More »Abu Dhabi to highlight cultural tourism at WTM London
Abu Dhabi / Emirates Business The Department of Culture and Tourism, Abu Dhabi will be participating at the World Travel Market (WTM) in London, UK from November, 6-8 and place cultural tourism high on the exhibition’s agenda. This year’s participation focuses on promoting the Emirate as a destination of distinction for tourists from across UK and neighbouring European countries. WTM ...
Read More »Azizi Developments eyes Dubai real estate’s India connection
Dubai / Emirates Business Following the announcement of its strategic partnership with Dubai Land Department (DLD) earlier this year, Azizi Developments – the fast-growing real estate developer operating in the UAE – is participating in the Dubai Property Show in Mumbai, India from November 3-5. Azizi Developments and DLD are working together jointly in a series of road shows to ...
Read More »Emirates dedicates 100th A380 livery to Sheikh Zayed
DUBAI / Emirates Business Emirates unveiled a special tribute to the late HH Sheikh Zayed bin Sultan Al Nahyan, the founding father of the United Arab Emirates, with a bespoke livery for its 100th A380 carrying one of his most memorable images. The unique livery is the first time Emirates will feature a customised decal of a well-known public figure, ...
Read More »Made in China swamps Indian PM Modi’s plans as backlash escalates
Bloomberg In Mohit Gogia’s stationery and gift store in Noida, near India’s capital, the only decorative lights for sale ahead of last month’s festival of lights were Chinese made. “India-made lights cost twice as much,†said Gogia, as shoppers snapped up supplies for the Diwali celebration. “Customers aren’t willing to pay that.†Two-way trade statistics tell the tale. India’s deficit ...
Read More »â€˜Tesla three years away from starting production in China’
Bloomberg Chinese companies that supply Tesla Inc. fell after Elon Musk indicated his pioneering electric car firm won’t start making vehicles in the world’s largest auto market this decade. Beijing Zhongke Sanhuan High-Tech Co., which said last year that it signed a three-year agreement to supply parts to Tesla, dropped as much as 3.6 percent in Shenzhen, while Ningbo Joyson ...
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