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  Bloomberg Samsung Electronics Co. will push out a software update for South Korea that caps the capacity of Galaxy Note 7 smartphone batteries at 60 percent, a stop-gap measure to prevent overheating as the device’s global recall proceeds. The unusual move, announced on the first day of a major national holiday, reinforces the urgency with which Samsung’s trying to ...

  Bloomberg Japan’s government plans to privatize Kyushu Railway Co. through a share sale that may fetch about 500 billion yen ($5 billion), according to people with direct knowledge of the matter, in what would be the rail industry’s biggest initial public offering in more than two decades. The Japan Railway Construction, Transport and Technology Agency, which fully owns the ...

  Strasbourg / AFP European Commission head Jean-Claude Juncker on Wednesday issued a rallying cry for unity after Brexit, saying the EU is not in danger of splitting up but must fight back against “galloping populism”. In his annual State of the Union speech, Juncker unveiled a raft of economic and security proposals to find common ground after a year ...

  Brasília / AFP Brazil announced a series of auctions and tenders aimed at privatizing infrastructure — part of new President Michel Temer’s plans to revive the moribund economy. Under the new program, four airports will be put on the auction block this year, along with two port terminals. Tenders in the transport and mining sectors will also be up ...

    Dubai / Emirates Business Dubai Carbon has launched a new version of Sustainability Self-Assessment specifically focused on measuring the risk and exposure towards socio-environmental impacts thus allowing both public and private organisations to benchmark their resource efficiency amongst industries and peers. The launch was met with an overwhelming participation by the finance industry during an event at the ...

DUBAI / Emirates Business The third installment of the Global Islamic Economy Summit (GIES) is set to take place on October 11 and 12 at Madinat Jumeirah to discuss the developments occurring on the Islamic Economy front. Bearing the theme “Inspiring Change” and endorsed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the ...

  Emirates Business Coface, the worldwide leader in credit insurance, has obtained a new company licence from the Dubai Financial Services Authority (DFSA) to offer insurance management and intermediation services in the Dubai International Financial Centre (DIFC), strengthening its presence in the UAE through insurance services. For nearly 70 years, Coface has been helping companies sustain wealth creation worldwide. The ...

  Sharjah / Emirates Business Organisers of the forthcoming Sharjah FDI Forum 2016, held under the generous patronage of His Highness Sheikh Dr. Sultan bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, and hosted by the Sharjah Investment and Development Authority (Shurooq) in collaboration with Financial Times and fDi magazine, have highlighted the importance of ...

  Aleppo / AFP A ceasefire billed as the “last chance” for peace in Syria appeared to be holding on its first full day Tuesday, with residents nationwide reporting a rare respite from years of violence. The truce brokered by Russia and the United States saw guns fall silent at sundown on Monday, in the latest bid to end a ...

  Bloomberg European Union President Donald Tusk lashed out at his Polish compatriots, telling them to stop attacking the bloc as a spat between Luxembourg and Hungary underlined the east-west tension he’s struggling to defuse ahead of this week’s summit of European leaders. In untypically blunt remarks, Tusk told reporters after meeting Prime Minister Beata Szydlo in Warsaw that the ...