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Bloomberg UK Chancellor of the Exchequer Sajid Javid signalled Britain is planning to shift its economy further away from the European Union’s, firing an early salvo in what’s set to be a fractious year to hammer out their future relationship. “There will not be alignment, we will not be a ruletaker, we will not be in the single market and ...

Bloomberg European Union (EU) privacy watchdogs are gearing up to police digital assistants after revelations that Amazon.com Inc workers listened in on people’s conversations with their Alexa digital assistants. Bloomberg first reported in April that Amazon had a team of thousands of workers around the world listening to Alexa audio requests with the goal of improving the software. Similar issues ...

Bloomberg Facebook Inc was sued by four potential competitors who accuse it of anticompetitive behavior and who asked a judge to order Chief Executive Officer Mark Zuckerberg to give up control of the social media behemoth. The companies also said if Facebook isn’t forced to sell its WhatsApp and Instagram assets, it’ll integrate them into the social network, “consolidating its ...

Bloomberg “Read the transcript!” That’s the rallying cry of President Donald Trump and supporters who say he did nothing wrong in the Ukraine impeachment saga. Democrats countered that the White House readout of Trump’s call with Ukraine’s president offers strong evidence of his guilt. The key line they point to is this: “I would like you to do us a ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Abdel Fattah el-Sisi, President of Egypt, along with several representatives of Arab and foreign countries, attended the inauguration of the Barnis Military Base located in Southern Military Area of the Red Sea Governorate. ...

ABU DHABI / WAM Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy and sustainable real estate companies, has announced the launch of a sustainable real estate investment trust (REIT) — the first ‘green’ REIT to be introduced in the UAE. The REIT was launched at Abu Dhabi Sustainability Week (ADSW), by Ahmed Ali ...

ABU DHABI / WAM Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and The Carlyle Group, on Wednesday announced an agreement to establish a joint venture company to develop renewable energy projects in Spain and Portugal. The 50:50 venture was announced ...

Abu Dhabi / WAM Bee’ah, the Middle East’s sustainability pioneer, and Unilever Gulf, one of the region’s leading suppliers of beauty and personal care, home care, and food and refreshment products, announced a Memorandum of Understanding (MoU) at the Abu Dhabi Sustainability Week 2020 to explore collaboration in an end-to-end integrated plastic recycling management system, through ambitious plans for a ...

Bloomberg Western Asset Management Co is reducing its Indian government bond holdings as tensions around a new citizenship law and the Kashmir region cloud the economic outlook. The $453 billion investor, an affiliate of Legg Mason Inc, is diverting some of its funds into longer-dated Malaysian and Chinese debt, according to Desmond Soon, head of investment management for Asia ex-Japan. ...

Bloomberg India is considering a plan to offer subsidised loans to mobile handset manufacturers in a bid to attract Apple Inc and Samsung Electronics Co’s suppliers to open factories in the nation, said a government official. The proposals by the Ministry of Electronics and Information Technology includes offering interest subsidy on local borrowing by manufacturers, may form part of the ...