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Biggest chocolate market gets taste of ruby with US launch

Bloomberg The world’s largest chocolate market is finally getting a taste of the ruby range, the first new type in more than 80 years. Switzerland’s Barry Callebaut AG, the top maker of bulk chocolates, is rolling out its ruby breakthrough in the US almost two years after announcing the discovery. The new type of chocolate, with its pinkish hue, expanded ...

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Oil rises over drone attacks on Saudi pumping stations

Bloomberg Oil rose as Saudi Arabia reported drone attacks on pumping stations, the latest escalation in Middle East tensions after tankers were hit by sabotage over the weekend. Futures rose 1.2% in New York, reversing the previous day’s drop. Unidentified dro-nes attacked two pumping st-ations belonging to Saudi Ara- mco, forcing the state oil company to suspend operations in the ...

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Aldar Q1 revenue rises 20% to AED1.76 billion

ABU DHABI / WAM Aldar Properties PJSC has reported a 20 percent year-on-year increase in revenue to AED1.76 billion in the first quarter of 2019. Asset management net operating income rose 9 percent to AED 431 million, driven by last year’s asset acquisitions while development sales totalled AED1 billion in the first quarter of 2019, up 49 percent from year ...

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