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Bloomberg India’s economy appears to be shaking off a slump, as activity in the services and manufacturing sectors expanded for a second straight month in December. The needle on a gauge measuring so-called animal spirits signalled the economy may be taking a turn for the better, as five of the eight high-frequency indicators tracked by Bloomberg News came in stronger ...

Bloomberg The European Union’s (EU) chief negotiator for a post-Brexit trade deal said he’ll work “night and day” for an agreement, though the UK‘s departure will have “innumerable and lasting consequences.” There is a risk the two sides will fail to get a trade agreement by the December 31 deadline and the UK crashes out of the bloc, Michel Barnier ...

Bloomberg Having just persuaded France to hold off on a digital tax that would hurt its biggest technology firms, the US is facing a similar threat from another part of Europe. The Czech Republic is debating plans to impose one of the world’s highest levies on global internet companies — albeit as a stop-gap measure — brushing aside possible US ...

Bloomberg Volkswagen AG Chief Executive Officer Herbert Diess is preparing to muscle Elon Musk out of the electric-car lead. While Tesla Inc is paving the way in sustainable mobility, the world’s biggest automaker is buying software companies and ramping up investments in electric vehicles and battery cells, Diess said at World Economic Forum in Davos, Switzerland. “It’s an open race,” ...

NAIROBI / WAM Policy makers, mayors, academics, business people, community leaders, artists and urban planners are among thousands of participants to attend the world’s leading conference on urbanisation, the World Urban Forum, in Abu Dhabi from February 8 – 13. It will be the first time that the World Urban Forum, which is convened by the UN agency focused on ...

ABU DHABI / WAM Abu Dhabi Health Services Company, the UAE’s largest healthcare network, is exhibiting at and hosting Arab Health Conference, as an Official Congress Partner. The company’s representatives will also be speaking on multiple panels to discuss the latest trends within the Mena region’s healthcare sector. Arab Health is the premier medical and healthcare conference in the Middle ...

Abu Dhabi / WAM Etihad Airways’ newest aircraft, a specially themed Boeing 787 Dreamliner, touched down in Abu Dhabi on Saturday after a delivery flight from Boeing’s assembly plant in North Charleston, South Carolina. The aircraft, embellished with a striking faceted colour scheme, is the flagship of the Etihad Greenliner Programme. This is a unique collaboration between the UAE’s national ...

DUBAI / WAM Close to 600 exhibitors featuring some of the world’s leading education-focused brands have confirmed to attend and showcase the latest innovations in education technologies at the 13th edition of GESS Dubai. A leading global education show, part of the GESS portfolio of international education conferences and exhibitions, GESS Dubai will feature the largest gathering of edtech companies ...

Bloomberg YouTube secured the exclusive rights to broadcast some of the biggest esports leagues, giving Google a boost in its efforts to push into the lucrative world of video games. The deal, signed between Alphabet Inc’s Google and video game publisher Activision Blizzard Inc, gives YouTube the rights to broadcast the new Call of Duty League and the already-popular Overwatch ...

Bloomberg Attorneys general from nine states urged a federal judge to toss out Google’s $13 million settlement of a class-action lawsuit blaming its Street View mapping technology for a massive violation of consumer privacy. The proposed accord in a debacle that became known as “Wi-Spy” doesn’t offer compensation for millions of people whose confidential data was captured off their Wi-Fi ...