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Pink Caravan conducts AED24mn worth of cancer screenings

  Sharjah / Emirates Business The pan-UAE Pink Caravan Ride, dedicated to raising breast cancer awareness is embarking on its 7th journey across the emirates. Riding on horseback, stopping at the nation’s famous landmarks and parks, accompanied by physicians and nurses at mobile clinics, these humanitarian ambassadors are all unsung heroes. During the 10-day expedition, the Pink Caravan’s riders, volunteers ...

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Trump plans reconsideration of auto-emission mandate

  Bloomberg The Trump administration plans to open the door to a possible reconsideration of greenhouse gas emission standards for cars and light trucks that has been sought by automakers, according to a person familiar with the plans. The Environmental Protection Agency in the final days of the Obama administration decided to lock in the emissions standards through 2025 that ...

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UK leans towards intervening in Fox’s acquisition of Sky

  Bloomberg The UK government said it is leaning toward intervening in 21st Century Fox Inc.’s proposed 11.7 billion-pound ($14.3 billion) takeover of Sky Plc, citing the potential impact on media plurality and broadcasting standards, and will make a final decision within 10 days. “I have concerns that there may be public-interest considerations — as set out in the Enterprise ...

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‘Nafta still has room for improvement’

  Bloomberg Mexico’s top trade negotiator will grant President Donald Trump this: Nafta is in need of updating. He doesn’t agree, however, that the US auto industry has gotten the short end of the stick. The North American Free Trade Agreement has served the US, Canada and Mexico well, Economy Minister Ildefonso Guajardo said on Friday at a luncheon hosted ...

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Peugeot reaches deal to buy Opel brand from General Motors

  Bloomberg PSA Group and General Motors Co. are set to announce on Monday the purchase of the Opel brand by the French company, creating the region’s second-largest automaker and allowing GM to exit the European market, according to people familiar with the matter. The two carmakers, which sent an invitation for a joint press conference in Paris on Monday, ...

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Is Indian GDP data turning a little too Chinese?

  Being the fastest-growing large economy in the world is India’s destiny, and even the most poorly conceived economic policy imaginable can’t stop destiny. At least, that is, if you believe the government’s statisticians, who said on Tuesday that India’s GDP grew at 7% in the very quarter that the government withdrew high-value currency notes from circulation. Is India becoming ...

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Bigger data isn’t always better data

  When making a decision such as whether to hire, insure or lend to someone, is more data better? Actually, when it comes to fairness, the opposite is often true. Consider a recent Harvard Business Review experiment, which involved sending 316 fake applications to the largest U.S. law firms. All the applicants were among the top 1 percent of students ...

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Why are Beijing’s taxi drivers freezing?

  Beijing had the best of intentions when it started to promote all-electric taxis in 2011. Not only would the green cars reduce the city’s choking pollution, but they’d highlight its commitment to becoming a center of innovation. There was just one problem: cold weather. Electric cars lose their charge quickly when temperatures drop, reducing their range, utility and — ...

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