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Unilever takes over Vegetarian Butcher

Bloomberg Unilever is acquiring The Vegetarian Butcher, a Dutch maker of plant-based meat substitutes, as part of an ambition to expand its foothold in foods that are healthier and have a lower environmental impact. In taking over the business, the maker of Dove soap and Ben & Jerry’s ice cream is “responding to the growing trend among consumers to increasingly ...

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Anti-drone tests failure exposes US airport vulnerability

Bloomberg US airports may be just as vulnerable as London’s Gatwick airport to the kind of illegal drone incursions that shut down the UK’s second-busiest hub last week. Counter-drone technology performed so poorly in US government tests in recent years that the systems couldn’t reliably identify rogue unmanned aircraft, casting doubts on whether there’s a viable short-term solution to the ...

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UAE conventional banks’ assets hit AED2.275trn

ABU DHABI / WAM The assets of UAE conventional banks (CB) amounted to around AED2.275 trillion, accounting for 79.7 percent of total banking assets by the end of November 2018, with Sharia-compliant banks accounting for 20.3 percent of total banking assets, according to statistics released on Monday by the Central Bank of UAE. The total assets of CB increased by ...

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