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Bloomberg Facebook Inc. suffered a setback in a key challenge to its business model as Germany’s highest civil court said it has “no doubt” that the social network misuses its dominant market position. Judges at a hearing ruled that Facebook must comply with a strict order curbing the network’s leeway in tracking users’ browsing and smartphone apps even as it ...

Bloomberg A Missouri appeals court refused to toss out a $4.7 billion jury verdict against Johnson & Johnson (J&J) over cancer claims linked to talc-based products including baby powder but agreed to cut the total payout to $2.1 billion to the women who sued the company. In a unanimous 83-page opinion, a three-judge panel said 2018 trial testimony by plaintiffs’ experts ...

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has reviewed ways of fostering bilateral relations between the UAE and Turkmenistan with Rashid Meredov, Deputy Prime Minister and Foreign Minister of Turkmenistan. In a video call, His Highness Sheikh Abdullah and Meredov discussed boosting joint cooperation in various fields, including ...

ABU DHABI / WAM Emirates Steel on Tuesday announced its continued efforts to support trade and business in the UAE through purchasing local scrap material for use as feed stock in its production process. In a statement Tuesday, Emirates Steel said it is committed along with other steel producers to purchase all local scrap according to international prices. The company ...

DUBAI / WAM Dubai International Financial Centre (DIFC Academy) and Thomson Reuters Mena announced that they have entered into a strategic partnership that aims to substantially boost the knowledge of legal technologies and legal research tools, and their use in the region. The partnership will see Thomson Reuters Legal provide a series of online sessions to legal professionals across the ...

DUBAI / WAM Dubai Municipality’s Geographic Information Systems, GIS, Centre has launched “Dubai Here”, an electronic system that provides access to geospatial data and maps of the emirate. The new system features 2D and 3D maps of Dubai’s land plots, assets, landmarks, structures and infrastructure facilities, with details ranging from masterplans and interiors of buildings, including commercial and residential units, ...

Bloomberg India is pushing Russia to speed up the delivery of a missile defense system as ties with China deteriorate following the worst military clash between the Asian nations in four decades. The request comes as China and India’s foreign ministers met on Tuesday in their first face-to-face interaction since a fight along their disputed Himalayan border killed 20 Indian ...

Bloomberg President Donald Trump said he told federal officials to arrest anyone who vandalises or destroys monuments or statues on US property after law enforcement near the White House used a pepper spray-like substance to move protesters away from a statue they tried to tear down. Photos from reporters on scene showed ropes slung around part of a statue of ...

Bloomberg Spain is weighing plans to significantly increase the size of its 100 billion-euro ($113 billion) loan-guarantee fund after the program attracted huge demand from businesses struggling to weather the coronavirus pandemic, according to people familiar with the matter. Officials are considering pledging as much as 50 billion euros in additional guarantees, one person said. Others said the ultimate size ...

Bloomberg German private-sector activity pointed to further signs of a turnaround from the virus slump, with output contracting in June by the least in four months. Both manufacturers and service providers saw a gauge for activity improve, even as production remained in decline overall. That suggests both sectors “were seemingly over the worst, but far from firing on all cylinders,” ...