Bloomberg President Donald Trump, who derided the United Nations as a “club for people to get together, talk and have a good time†after his election, is surprising veterans of the global body by leaning on it to help carry out his foreign policy agenda. From pushing the Security Council to tighten sanctions on North Korea to forging a partnership ...
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Google joins mobile payments race in cash-reliant India
Bloomberg Alphabet Inc.’s Google introduced a digital payments service specifically designed for India as competition heats up for the country’s billion-plus potential users. Tez, the Hindi word for fast, debuted on Monday for download on iPhones and Android devices and joins an increasingly crowded field. The service is compatible with the Indian government-backed Unified Payments Interface, which simplifies financial transactions ...
Read More »CBS’s Ten acquisition overcomes legal hurdles
Bloomberg CBS Corp. overcame a last-ditch attempt to derail its planned takeover of ailing Australian broadcaster Ten Network Holdings Ltd. after a Sydney court dismissed a challenge by local media mogul Bruce Gordon. CBS is free to vote on its proposed acquisition at Tuesday’s meeting of Ten creditors, Justice Ashley Black said in a ruling on Monday at the New ...
Read More »World’s best youth centre opens in Dubai
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday inaugurated a youth centre in Dubai deemed as the best in the world, with ...
Read More »50 Tesla electric vehicles deployed to fleet of Dubai Taxi Corporation
Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Emirates Group, and Chairman of Dubai Supreme Council of Energy, has launched the operation of 50 Tesla electric vehicles to the limo fleet of the Dubai Taxi Corporation. Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of ...
Read More »ADFD offered AED55 million for Tajikistan road’s development
Abu Dhabi / Emirates Business A high-level delegation from the UAE led by His Excellency Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy, comprising representatives from Abu Dhabi Fund for Development (ADFD), participated in the official launch ceremony of the Kulyab – Kalaikhumb Road in Tajikistan. His Excellency President Emam Ali Rahman of the Republic of Tajikistan ...
Read More »First edition of ‘MBRSC science event’ on October 21
Dubai / Emirates Business Mohammed bin Rashid Space Centre (MBRSC) has launched the first edition of Mohammed bin Rashid Space Centre Science Event (MBRSC Science Event), that will be held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on October 21, at Etihad Museum under ...
Read More »Facebook, Google limit robo systems that allowed racist ads
ÂÂÂÂÂÂÂÂÂÂÂBloomberg The world’s largest digital advertising companies reined in their automated money-making machines after the systems were shown to spit out ads based on racist and other offensive information. Facebook Inc. shut off a key self-service ad tool, while Google stopped its main Search ad system automatically from suggesting offensive phrases for targeting. The moves are the latest sign of ...
Read More »Portugal could attract new investors after S&P rating upgrade
Bloomberg Portuguese Finance Minister Mario Centeno expects greater demand for his nation’s debt from a broader array of investors to spur lower borrowing costs both for the government and corporations, after the country’s credit rating was restored to investment grade status by S&P Global Ratings. “This has a very significant impact,†Centeno said in a telephone interview. “It allows a ...
Read More »Welsh company IQE up 300% on Apple speculation
Bloomberg Could a Cardiff, Wales-based wafer company be the next big thing for UK technology investors? Investors trying to sniff out hidden Apple Inc. suppliers are betting on it, sending the shares of IQE Plc up more than 300 percent this year. The company is the second-best performer in the FTSE AIM 100 Index year-to-date and has also beaten every ...
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