September, 2022

• 14 September

  Slovak ruling party rejigs cabinet, clings to power

    Bloomberg Slovakia’s ruling party pushed through a cabinet reshuffle as it seeks to hold on to power without a majority after a rival party abandoned the coalition this month. Prime Minister Eduard Heger’s minority coalition was expected to face a test on Tuesday to muster enough lawmakers to open Slovakia’s parliamentary session. Richard Sulik, who served as economy minister, ...

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• 14 September

  Meta seeks out secrets from over 100 firms to win antitrust suit

  

  Bloomberg To defend itself against the federal government, Meta Platforms Inc says it needs its rivals to divulge some of their most closely held secrets. Facebook’s parent company has so far subpoenaed 132 companies for documents, including Snap Inc., ByteDance Ltd’s TikTok and the audio startup Clubhouse, and has warned that it may seek information from 100 more. The subpoenas ...

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• 14 September

  Oracle reports sales that meet estimates

    Bloomberg Oracle Corp’s quarterly sales jumped 18%, buoyed by the software maker’s transition to cloud computing and the acquisition of health records provider Cerner. Sales were $11.4 billion in the fiscal first quarter, meeting analysts’ average estimate, according to data compiled by Bloomberg. Profit, excluding some items, was $1.03 a share. Oracle said currency fluctuations reduced the earnings by ...

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• 14 September

  Senators press Twitter over ‘Mudge’ claims

  

  Bloomberg The leaders of the Senate Judiciary Committee sent a detailed list of questions to Twitter Inc, before the committee will hear testimony from whistle-blower Peiter Zatko, who has accused the company of failing to adequately protect data on its users. In a letter addressed to Twitter Chief Executive Officer Parag Agrawal, the senators wrote that Zatko’s allegations, if true, ...

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• 13 September

  Futures advance, dollar extends slide before key inflation data

  

    Bloomberg US equity-index futures advanced ahead of key inflation data which was expected on Tuesday. Treasury yields dipped and the dollar extended a decline. Contracts on the S&P 500 and Nasdaq 100 climbed about 0.6% each after the S&P completed its best four-day surge since June following robust pre-order data for Apple Inc’s iPhone 14 Pro Max. The Bloomberg ...

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• 13 September

  Dollar dive fuels debate if currency’s rally coming to end

  

  Bloomberg The dollar’s pullback in recent days is prompting speculation about whether the currency’s relentless march higher is coming to an end. There is nonetheless a reluctance to write it off just yet. After surging by more than 10% this year, the Bloomberg dollar index has tumbled close to 2% from the all-time peak it hit even as expectations for ...

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• 13 September

  IAEA commends operational safety at Barakah nuclear power plant

  

    Abu Dhabi / WAM An International Atomic Energy Agency (IAEA) team of experts said the operator of the UAE’s Barakah Nuclear Power Plant (NPP), the first NPP in the Arab region, had strengthened operational safety by fully addressing the findings of an initial IAEA safety review mission five years ago. The Operational Safety Review Team (OSART) had concluded a ...

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• 13 September

  Fourth auction of UAE’s T-Bonds gets bids worth AED8.6 billion

  

    ABU DHABI / WAM The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, has announced the results of the fourth auction of the Treasury Bonds programme (T-Bonds), which is part of the AED 9 billion T-Bond issuance programme ...

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• 13 September

  UAE President receives letter from Sri Lankan President

    ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a written letter from Ranil Wickremesinghe, President of Sri Lanka, concerning the bilateral ties between the two countries. The letter was received by HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, during his meeting in Abu Dhabi with ...

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• 13 September

  UAE-Costa Rica trade soars 292.3% in 5 years: Minister

  

  ABU DHABI / WAM Arnoldo André, Foreign Minister of Costa Rica, has highlighted the importance of the UAE for his country, highlighting the increase in bilateral trade by 292.3%, since the opening of the Costa Rican embassy in the UAE in 2017. In an article published by the newspaper ‘La Republica’, Andre said that Costa Rica enjoys 12 years of ...

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