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Retail gain in decade aids Canada oil-shock rebound

  Bloomberg Canada’s consumer is showing no signs of letting up. Retailers are off to the best start of the year since 2005, and consumer price pressures are stronger than anticipated, data show. That adds to evidence that households are leading a rebound in growth that’s on track to be among the fastest in the Group of Seven this year. ...

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Lebara targets niche mkt with cash services

  LONDON / Reuters Lebara, the mobile phone group often seen selling SIM cards to new arrivals at major railway stations in Europe, says its knowledge of a group largely ignored by major brands will help it also sell digital services like online TV to them. The privately owned group targets the thousands of people who arrive in London, Amsterdam ...

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Zodiac Aerospace tackles seat output delays, sees shares going up

  PARIS / Reuters Zodiac Aerospace has announced shortening of average delays in aircraft seat production to days rather than months, sending its shares higher in a respite from factory congestion which disrupted airplane deliveries. The French aircraft interiors and systems manufacturer said it was on track to get its seats business back to normal within 18 months and also ...

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Robots to ensure food security

  Tokyo / Bloomberg As the average age of farmers globally creeps higher and retirement looms, Japan has a solution: Robots and driver-less tractors. The Group-of-Seven agriculture ministers met in Japan’s northern prefecture of Niigata for the first time in seven years to discuss how to meet increasing food demand as aging farmers retire without successors. With the average age ...

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Tourists visit Spaceport, but no space rides yet!

New Mexico / DPA While Spaceport America, which claims to be the world’s first commercial spaceport, hasn’t yet launched any tourists into space, ordinary mortals can already tour the site. The futuristic building designed by rockstar architect Norman Foster is located in the middle of the desert in the US state of New Mexico. Here, it is hoped, rich tourists ...

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Bespoke solutions for Arabic-speaking world

  Sunaina Rana / Emirates Business Kodak Alaris was created on September 3, 2013, by the UK Kodak Pension Plan (KPP) after it had taken over the Kodak Personalised Imaging and Document Imaging businesses from Eastman Kodak Company. Alaris is licenced to use the Kodak brand. Kodak Alaris is driven by the simple belief that ‘we can always find a ...

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Endorsing eco-sustainable and eco-compatible lifestyle

  Our Correspondent / EMIRATES BUSINESS Officine Panerai, although established in Florence, Italy, has its strong base in UAE as well. The watch brand has created designs which are inspired from the skyline of both Abu Dhabi and Dubai. With two new watches retailed exclusively at Panerai boutiques in The Galleria, Sowwah Square and the Dubai Mall, the brand is ...

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‘UAE as guest of honour at SIAM reflects strong ties’

  ABU DHABI / WAM The UAE will be the guest of honour at the Moroccan International Agriculture Fair (SIAM 2016), which will be held in Meknes from April 26 to May 1, under the theme “Resilient and Sustainable Agriculture.” Under the directives of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and ...

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UAE joins 175 nations in signing Paris Accord

  NEW YORK / WAM The UAE joined over 175 countries in signing the Paris Climate Agreement during the high-level signing ceremony, convened by the United Nation’s Secretary General Ban Ki Moon, in New York. The ceremony marked the first step in implementing the Paris Agreement, which was adopted in December 2015. Signing on behalf of the UAE government was ...

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