September, 2019

• 23 September

  ADGM launches instant licence renewal service

  

  Abu Dhabi / WAM In a continuous effort to improve business efficiency and ensure ease of doing business, the Abu Dhabi Global Market (ADGM), Registration Authority has launched an instant licence renewal service for entities registered at ADGM. According to a press release issued by ADGM on Monday, the new instant licence renewal service will allow registered entities to efficiently ...

  Read More »
• 23 September

  UK to open $25b contest for offshore wind farms

  

  Bloomberg The UK is set to open the first contest in a decade intended to draw as much as $25 billion of investment in offshore wind farms. The move in a competitive auction for leases where developers can plant large-scale turbines at sea will bring at least 7 gigawatts of new power generation capacity to the UK grid and speed ...

  Read More »
• 23 September

  Apple may get early clues about winning tax case of the century

  

  Bloomberg Apple Inc may only need to wait until Tuesday to get early clues about its chances of success in the biggest tax case in recent history. The iPhonemaker has been arguing its case at the European Union’s General Court to topple a record 13 billion-euro ($14.3 billion) EU tax order. This week the same panel of judges will deliver ...

  Read More »
• 23 September

  Vonovia becomes Swedish top landlord with $1.3 billion deal

  

  Bloomberg Vonovia SE will become the largest landlord in Sweden after buying Stockholm-based apartment owner Hembla AB for about $1.3 billion. Following its 2018 purchase of Victoria Park, the deal is the German company’s second in the Swedish market and will increase its portfolio in the country to more than 38,000 apartments, overtaking Rikshem and Heimstaden, according to Vonovia. Germany’s ...

  Read More »
• 23 September

  Google to listen to users’ audio snippets again, but ask first

  

  Bloomberg Google workers will listen to audio snippets of people speaking to its digital voice assistant to help improve the product’s quality — if users give the company permission to do so. Alphabet Inc’s Google paused all human review of assistant audio in July after a Dutch contractor leaked some clips to a journalist, who was then able to identify ...

  Read More »
• 23 September

  Germany may see no growth as manufacturing slumps

  Bloomberg Germany’s private sector is suffering its worst downturn in almost seven years as a manufacturing slump deepens, raising pressure on the government to add fiscal stimulus. A Purchasing Manager’s Index fell to 49.1 in September from 51.7 a month earlier, according to IHS Markit. The reading was worse than economists predicted and the lowest since October 2012. It’s also ...

  Read More »
• 23 September

  UK launches tourist airlift after Thomas Cook collapse

  

  Bloomberg The UK government deployed the “largest repatriation in peacetime history” to bring home more than 150,000 tourists stranded on overseas beaches and in vacation hotspots by the collapse of tour operator Thomas Cook Group. The massive airlift, using chartered jetliners, follows the collapse of the 178-year-old company after eleventh-hour fundraising talks with investors failed. The move saw all bookings, ...

  Read More »
• 23 September

  Trump sucks Ukraine’s novice leader into his re-election battle

  

  Bloomberg Ukraine’s novice leader may have thought Vladimir Putin would pose his biggest diplomatic challenge. Five months after being elected, it’s Donald Trump who’s giving him a crash course in the perils of international politics. President Volodymyr Zelenskiy is being pulled into the storm surrounding the 2020 US election over a July phone call during which media allege Trump repeatedly ...

  Read More »
• 23 September

  White House working on diplomacy after Iran ‘war’ act: Pompeo

  

  Bloomberg Secretary of State Michael Pompeo said the US is “working diligently” towards a diplomatic resolution with Iran after accusing the Islamic republic of attacks on Saudi Arabian oil fields, but that President Donald Trump is prepared to take other action if necessary. “Make no mistake about it, if we’re unsuccessful in that and Iran continues to strike out in ...

  Read More »
• 23 September

  Trump, Modi hand-in-hand on border security at US rally

  

  Bloomberg President Donald Trump endorsed India’s need for “border security” at a rock concert-like event in Houston with Prime Minister Narendra Modi, whose government seeks to expand its control of the disputed territory of Kashmir. Sharing a stage in Houston and later walking hand-in-hand around a football stadium, Trump received Modi’s endorsement in front of more than 50,000 Indian Americans ...

  Read More »