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Rival retailers try to catch a ride on Amazon Prime’s tailwinds

Bloomberg Three years ago, Amazon.com Inc. created a summer shopping holiday out of thin air for its most loyal customers. That airspace is considerably more crowded today as its rivals jockey to grab deal-hungry online shoppers. Retailers Target Corp., Best Buy Co., Macy’s Inc. and Walmart Inc. all have special promotions planned to coincide with Amazon’s Prime Day, which begins ...

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ADFD’s total spend reaches AED84bn

ABU DHABI / WAM In a report celebrating its 47th anniversary, Abu Dhabi Fund for Development (ADFD) announced that it has expended a total of AED84 billion to finance approximately 550 projects in 88 beneficiary countries. Since its inception on July 15, 1971, ADFD has disbursed AED37 billion in concessionary loans, AED44 billion in UAE government grants and AED3 billion ...

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France win 2018 FIFA World Cup

MOSCOW / WAM France won the World Cup Russia in a thrilling final with Croatia at Moscow’s Luzhniki stadiumon on Sunday. France overwhelmed Croatia 4-2 to be FIFA World Cup 2018 champion for second time, after winning in 1998. Croatia was playing in its first World Cup final. For France, it was a first World Cup crown since winning on ...

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