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India stocks gain as investors seek safety in consumer companies

  Bloomberg Indian stocks advanced as investors bought companies most-tied to the economy after the U.K.’s decision to leave the European Union left global markets in disarray. Drugmaker Lupin Ltd. surged the most in three months, while Bharti Airtel Ltd. rallied the most in a week. Hindustan Unilever Ltd. had the steepest advance since March 21 and ITC Ltd., the ...

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Inside the growing bull case on megacaps in London stocks

  Bloomberg Following Britain’s unexpected vote to leave the European Union, strategists did something that might seem strange: they turned more bullish on a big swath of the country’s shares. The FTSE 100 Index, which tracks the largest companies trading in London, has been relatively resilient since the referendum, falling less than half as much as the broader FTSE 250 ...

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Towards a smart future

  Lisa Abeyta / TNS I recently had the opportunity to attend the Smart Cities Innovation Summit in Austin, Texas, both as a speaker about our mobile platform for cities as well as to learn about the latest innovations within the smart cities industry which spans a broad range of technologies and initiatives aimed at improving the efficiencies, security and ...

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Come, play with the antique

  Mexico City / DPA Tiny veteran cars, plastic wrestling figures, trains, rag dolls, a horse carousel slot machine and a giant shark are just some on instantly lovable toys found in a one-of-a-kind Mexican museum. Located on the same street where its founder, collector Roberto Yukio Shimizu, grew up, the Mexican Antique Toy Museum collects the little playthings that ...

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Blockchain technology key to Mideast’s digital economy

  Dubai / Emirates Business New and emerging blockchain technologies are integral to supporting and realising a digital economy in the Middle East while ensuring effective protection against rapidly evolving threats of data security and cybercrime, said global consulting and technology firm Booz Allen Hamilton in a new report released on Tuesday. The report, titled ‘Blockchain Technology – Can the ...

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MoE inspects local Spinneys outlet

  Abu Dhabi / Emirates Business The UAE Ministry of Economy has conducted on Tuesday an inspection of Spinney’s Sahara Center outlet in Sharjah in cooperation with the Sharjah Economic Development Department (SEDD) as part of its ongoing market inspection program covering the various emirates during the Holy Month of Ramadan. Dr. Hashim Al Nuaimi, Director of the Ministry’s Consumer ...

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Emircom wins ‘Best Growth of the Year’ award at Fortinet confab

  Dubai / Emirates Business Emircom, one of the UAE’s leading systems integrators, recently won ‘Best Growth of the Year’ during the first Middle East Partner Conference organized by Fortinet in Dubai. Fortinet’s inaugural regional channel conference gathered more than 100 partners from across the GCC and Levant regions. During the event’s special Top Partner Awards ceremony, Emircom – a ...

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India’s Radiant Group to construct $10mn oil distillation plant in HFZ

  Sharjah / Emirates Business India’s Radiant Group will start an oil distillation plant in Hamriyah Free Zone by the middle of next year. “We have leased 107,639 square feet of land in phase-two of Hamriyah Free Zone and the construction of our factory will start soon”, Vibhor Gupta, Managing Director of Radiant Overseas FZC said after signing the lease ...

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Royal Academy, Ajman organises ‘read-a-thon’ campaign

  Ajman / Emirates Business The Royal Academy, Ajman, part of the Lazar group of schools, held a read-a-thon ‘Educators at Heart’ recently. The programme was organised as part of the Reading Nation campaign initiative by Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum to mark 2016 as ...

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UK CEOs seek access to EU trade, workers after historic exit vote

  Bloomberg The vote is over but the campaign continues. With financial markets reeling from the Brexit vote, U.K. companies are stepping up lobbying to maintain access to the EU’s single market and labor, deepening potential rifts with British “Leave” voters who want to curb immigration. Prime Minister David Cameron has called an emergency meeting on Thursday of his Business ...

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