December, 2019

• 4 December

  South Africa runs out of patience with carriers over data prices

  

  Bloomberg South Africa’s two biggest mobile-phone companies have for years been under pressure to lower data prices for their poorest customers, and the country’s antitrust regulator is running out of patience. Vodacom Group Ltd. and MTN Group Ltd. must agree to reduce tariffs by a further 30% to 50% within two months or face sanctions for being too dominant, the ...

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• 4 December

  Starbucks is replicating its too-fast US growth in China

  

  Bloomberg When Starbucks Corp. took its American playbook to China two decades ago, that included a controversial chapter: grow extra fast and cannibalise your own stores’ sales. After snagging enviable 5% growth in the key country in the latest quarter, the coffee giant warned again that its China comparable sales could rise as little as 1% this fiscal year. The ...

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• 3 December

  Trump sees no deadline for trade deal with China

  

  Bloomberg President Donald Trump signaled he would be willing to wait for another year before striking a trade agreement with China, casting doubt on the likelihood of a phase-one accord within weeks between Washington and Beijing. “I have no deadline,” he told reporters on Tuesday on London when asked if he wanted an agreement by year end. Stocks dropped in ...

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• 3 December

  EU to overhaul its entire economy in ‘green push’

  

  Bloomberg The European Union (EU) is gearing up for the world’s most ambitious push against climate change with a radical overhaul of its economy. At a summit in Brussels next week, EU leaders will commit to cutting net greenhouse-gas emissions to zero by 2050, according to a draft of their joint statement for the December 12-13 meeting. To meet this ...

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• 3 December

  Opec+ to debate ‘pledged curbs’ as Russia seeking rule change

  

  Bloomberg Opec+ is poised for a debate about lax implementation of oil-production cuts in Vienna this week, with Russia asking to discuss a rule change that would exclude some of its oil production from the group’s quota. Ministers from some of the world’s largest oil producers are gathering this week, and typically their discussions wouldn’t focus on a niche hydrocarbon ...

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• 3 December

  UAE’s history is a source of ‘pride for our people’

  

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Sheikhs, attended on Tuesday the ‘March of the Union’ as part of the Sheikh Zayed Heritage Festival 2019 in Al Wathba, Abu Dhabi, on the occasion of the 48th National Day. The march, ...

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• 3 December

  Sheikh Theyab joins Abu Dhabi Awards organising committee

  Abu Dhabi / WAM HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Abu Dhabi Crown Prince’s Court, participated in the ‘Darna Amana’ initiative led by the Abu Dhabi Awards organising committee in collaboration with the Emirates Foundation, Tadweer, and Abu Dhabi Police. The initiative which sought to clean up the Family Park at Abu Dhabi Corniche, following ...

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• 3 December

  Ex-US president to lead line-up at 12th Arab Strategy Forum in Dubai

  

  Dubai / Emirates Business Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the 12th edition of the Arab Strategy Forum will begin in Dubai on December 9 at Ritz Carlton DIFC, with former US Vice President Dick Cheney, and former Foreign Minister of ...

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• 3 December

  Dewa supporting partner for ‘future mobility’ event

  

  Dubai / WAM Dubai Electricity and Water Authority (Dewa), is participating in the Fifth International Conference on Future Mobility as a government supporting partner. The Conference is organised by Emirates Authority for Standardisation and Metrology (Esma). This is part of Dewa’s efforts in promoting green and sustainable mobility in Dubai. The annual conference is the largest in the region, bringing together leading ...

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• 3 December

  India issues special Sheikh Zayed, Gandhi postal cover

  

  New Delhi / WAM In a gesture to mark the UAE’s 48th National Day, the Indian government has issued a special postal cover with images of Sheikh Zayed bin Sultan Al Nahyan and Mahatma Gandhi with streaming replicas of the national flags of their respective countries under those images. The postal cover also has a special postmark with the legend ...

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