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S’pore consumer prices rise for first time since 2014

  Bloomberg Consumer prices in Singapore rose in December for the first time in more than two years, adding to signs of recovery in the city-state’s economy. CPI rose 0.2 percent from a year earlier, compared with unchanged prices in November. The median estimate of 16 economists in a Bloomberg survey was for a 0.1 percent gain Prices increased 0.2 ...

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May industrial strategy seeks to pick winning areas for UK

  Bloomberg The UK government will pick winning areas in the economy to champion as part of an industrial strategy aimed at boosting Britain’s productivity as the country prepares to leave the European Union. Announcing the long-promised plan on Monday, Prime Minister Theresa May said she wanted to see “sector deals” to identify and address barriers to expansion in different ...

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Microsoft asserts clients’ rights in FBI e-mail searches fight

  Bloomberg Microsoft Corp.’s effort to halt the FBI’s so-called sneak-and-peak searches of e-mails may ride on whether it’s allowed to defend its customers’ constitutional rights. The judge who will decide whether the case can go ahead told the company’s lawyers to be ready in court on Monday to address earlier rulings that undercut their arguments. At stake is half ...

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‘Proper education is a shield against destructive ideas’

  Sharjah / WAM Proper education is a shield against destructive ideas and misguided groups, His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, said. A solid family background contributes effectively to the nation-building, he added. The Sharjah Ruler expressed his views during a television talk show hosted on Sunday noon by Sharjah Satellite ...

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VP directs new judges to remain unbiased and faithful

  Dubai / WAM New judges and a new UAE ambassador have sworn-in before Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, at al Mushrif Palace in Abu Dhabi. Present at the swearing-in ceremony, which was held on Sunday, were HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown ...

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Sharjah team in Italy to boost trade ties with Bergamo

  Sharjah / Emirates Business With the UAE topping the Middle East and North Africa market for Italian products, Sharjah is looking at taking full advantage of the growing trade and business relations with the UAE and Italy. A Sharjah team led by Saif Mohammed Al Midfa, CEO, Expo Centre Sharjah, is in Italy to boost trade ties with Bergamo, ...

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Chinese tourists wildcard for Thailand growth outlook

  Bloomberg Thailand is nursing a slide in Chinese holidaymakers after cracking down on low-budget tours from the world’s most-populous country, muddying the Southeast Asian nation’s economic growth outlook. Arrivals fell 16 percent in December from a year ago, extending a slide that began after Thailand in September clamped down on operators bringing in large groups from China on cut-price ...

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Hong Kong’s Leung warns on housing costs

  Bloomberg Hong Kong Chief Executive Leung Chun-ying hit out at independence advocates and called for developing city parks to cool housing prices in his fifth and final policy address. The speech represented Leung’s last chance to define his legacy and set the agenda for potential successors after his surprise decision last month not to seek a second term. The ...

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May to plow $210mn in UK productivity drive

Bloomberg UK Prime Minister Theresa May will plow 170 million pounds ($210 million) into setting up new technology institutes, placing scientific education at the heart of her drive to boost Britain’s productivity through a new industrial strategy unparalleled since the 1980s. The institutes will specialize in teaching science, technology, engineering and math, providing high-school graduates with the skills demanded by ...

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French billionaire’s e-car venture becomes huge success

  Bloomberg French billionaire Vincent Bollore’s push into electric vehicles has been a huge success, at least in terms of publicity and eye-catching contracts. For investors, it hasn’t worked out so well. Shares of his battery company, Blue Solutions SA, have plunged by more than two thirds since peaking 2 1/2 years ago, wiping out 775 million euros ($823.5 million) ...

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