December, 2018

• 3 December

  Sial Middle East 2018 to draw strong participation from GCC

  

  Abu Dhabi / Emirates Business The ninth edition of Sial Middle East is set to feature country pavilions of Kuwait, Bahrain and Saudi Arabia, indicating a growing interest from the GCC countries to benefit from the sizeable opportunities created by the fastest-growing food, beverage and hospitality event in the region. Held in strategic partnership with Abu Dhabi Food Control Authority ...

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• 3 December

  DLD to host real estate shows in India, China

  Dubai / Emirates Business Dubai Land Department (DLD) will organise Dubai Property Show (DPS) – Mumbai and Luxury Property Show (LPS) – Shanghai, where the former will be held from December 7-10 in Bandra Kurla Complex in Mumbai, India, and the latter on December 7 – 9 in the Shanghai Exhibition Centre in Shanghai, China. HE Majida Ali Rashid, CEO ...

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• 3 December

  UAE highlights its clean, renewable energy targets at COP24

  

  KATOWICE / WAM The UAE delegation to the 24th Conference of the Parties, COP24, to the United Nations Framework Convention on Climate Change (UNFCCC), in Katowice, Poland, attended the official opening ceremony of the event and the High-level Segment for Heads of State and Government. The delegation joined attendees from more than 190 countries and territories at the meeting, aimed ...

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• 3 December

  Canada joins oil cut drive as Alberta seeks to ease glut

  

  Bloomberg Canada’s largest oil producing province ordered an unprecedented output cut, an effort to ease a crisis in the nation’s energy industry and adding to global actions to combat a recent price crash. The plan will reduce production of raw crude and bitumen from Alberta by 325,000 barrels a day, or 8.7 percent, from January until excess oil in storage ...

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• 3 December

  Australian govt may be targeting wrong culprit for power price jump

  

  Bloomberg The Australian government hounding the gas sector to get power bills down is overlooking the surge in the price of coal, which fuels the bulk of the country’s generation. The cost of coal power in Australia has doubled from 2016 levels, in line with seaborne spot prices of the fuel, Bloomberg NEF said in a report on Monday. That’s ...

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• 3 December

  Vivint Solar drops most in over two years

  

  Bloomberg Vivint Solar Inc dropped the most in more than two years after saying a fund managed by Blackstone Group LP, its biggest owner, is selling 8 million of the rooftop solar company’s shares at a 21 percent discount. Vivint fell 21 percent to $5.51 at 11:33 am in New York, after earlier sliding as much as 22 percent. That’s ...

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• 3 December

  French govt meets on riot response as clean-up begins

  

  Bloomberg Clean-up crews were at work across Paris after Saturday’s riots as President Emmanuel Macron returned from Argentina and held an emergency cabinet meeting. Last week’s “Yellow Vests” protests saw 412 arrests and 133 wounded, including 23 among the security forces, according to the Paris police. There was also violence in Toulouse, Nantes, near Lyon, and in the Ardennes. Rioters ...

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• 3 December

  Trump sees meeting with N Korea’s Kim as soon as January

  

  Bloomberg US President Donald Trump said he expects to hold a second summit with North Korea Leader Kim Jong-un as soon as next month and that three locations are being considered. “I think we’re going to do one, fairly, into January, February,” Trump told reporters aboard Air Force One as he returned from the Group of 20 summit in Argentina. ...

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• 3 December

  Spain reels as Vox storms into Andalusia

  

  Bloomberg Spain’s political establishment suffered another significant crack on Sunday as the far-right group Vox won its first ever representation in a regional election in Andalusia, carving off voters who were targeted by the center-right People’s Party. Vox won 12 seats in the 109-seat regional assembly, a stronghold for Prime Minister Pedro Sanchez’s Socialists for the past 36 years. The ...

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• 3 December

  Lankan court issues order to prevent Rajapaksa ‘as PM’

  Bloomberg Sri Lanka’s Court of Appeal issued an interim order preventing newly appointed prime minister Mahinda Rajapaksa and his government’s ministers from exercising powers until it hears a petition challenging their authority. The court issued its order on Monday after 122 members of Sri Lanka’s parliament, who are allied with ousted prime minister Ranil Wickremesinghe, filed a legal action on ...

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