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Bloomberg US antitrust enforcers have started an in-depth review of Google’s $2.6 billion planned acquisition of a data analytics company, a further sign of greater scrutiny on big technology companies, according to people familiar with the situation. The antitrust division of the US Department of Justice (DOJ) is seeking more information from Google and Looker Data Sciences Inc related to ...

Bloomberg The United Auto Workers (UAW) made a counter proposal to General Motors (GM) Co that would end a nearly month-long strike if the automaker agrees, capping a tumultuous day in which the union and company traded barbs and blame. UAW Vice President Terry Dittes offered no specifics on the proposal in a letter sent to members and published on ...

Bloomberg Volkswagen AG is weighing options for its Lamborghini supercar brand, as the German manufacturer moves ahead with an overhaul aimed at more than doubling its market value and getting ahead of an expected industry shakeout, according to people familiar with the matter. The options VW is mulling include a sale or stock listing, said the people, who asked not ...

Abu Dhabi / WAM HH Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council, Chairman of Abu Dhabi Executive Office, has inaugurated on Wednesday the Abu Dhabi Moments initiative, which is part of the Abu Dhabi Government Accelerators Programme (Ghadan 21). Ghadan 21 aims to enhance community spirit and build a strong sense of community ...

Ajman / WAM His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, launched ‘Ajman Pay’, a smart digital payment portal that is designed to keep up with the latest technologies in the areas of payment and government revenue control securely and speedily. Ajman Pay aims to provide multiple payment channels and ...

Dubai / WAM The UAE ranked first in the Arab World and 25th globally in the Global Competitiveness Report, 2019, released by the World Economic Forum, Davos, on Wednesday. According to the report, which assesses the competitiveness landscape of 141 economies, providing unique insight into the drivers of economic growth, the UAE gained two positions since the last edition. Commenting ...

Abu Dhabi / WAM Delegates of the eighteenth session of the General Conference (GC), of the United Nations Industrial Development Organisation (UNIDO), are set to arrive in Abu Dhabi on November 2 for five days of discussions around the future of manufacturing. The General Conference, UNIDO’s supreme policymaking organ convenes every two years to determine the guidelines and policies of ...

Bloomberg President Donald Trump said the US “should never have been” in the Middle East and it was “the worst decision ever made” amid reports that Turkey has begun its operation to force back US wartime allies in Syria. In a series of tweets defending his decision that the US would stand aside and allow a Turkish incursion in an ...

Bloomberg China is still open to reaching a partial trade deal with the US, an official with direct knowledge of the talks said, signalling that Beijing is focussed on limiting the damage to the world’s second-largest economy. Negotiators heading to Washington for talks starting on Thursday aren’t optimistic about securing a broad agreement that would end the trade war between ...

Bloomberg A draft amendment to China’s Statistics Law will make officials and their bosses directly accountable for data accuracy and also increase the ceiling on fines for companies that report false information. The draft amendment was published by the National Bureau of Statistics on its website, with the bureau calling for feedback until November 9, according to a statement. If ...