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NEW YORK / WAM The United Arab Emirates has emphasised the health benefits of addressing climate change including air pollution, and extreme weather events, and called for greater global efforts to address the climate-health nexus. During the UN General Assembly’s High-Level Meeting on Universal Health Coverage, Hessa Essa Buhumaid, Minister of Community Development, noted that there is far too little ...

Bloomberg Google won a European Union court battle against plans to impose a global “right to be forgotten” in the latest landmark ruling over where to draw the line between privacy and freedom of speech. The EU Court of Justice said search engines should remove results on European versions of its websites and weren’t required to scrub links globally. Five ...

Bloomberg Fintech Fundbox Inc has raised $176 million in a new funding round from investors including Allianz SE and General Catalyst. The company was expected to announce the funding on Tuesday, along with a new $150 million credit facility. A Fundbox spokesman said the new round valued the company at between $500 million and $1 billion, but would not disclose ...

Bloomberg Volkswagen AG’s two top leaders, Chief Executive Officer Herbert Diess and Chairman Hans Dieter Poetsch, were charged with market manipulation in Germany over allegations they failed to inform investors early enough about the diesel-emission scandal. Former CEO Martin Winterkorn was also charged in the case, according to the indictment filed by Braunschweig prosecutors. The shares fell as much as ...

Bloomberg President Donald Trump ordered his acting chief of staff to delay sending $400 million in military aid to Ukraine at least a week before he spoke to that country’s president, a person familiar with the matter said. Donald Trump’s July 25 telephone call with the new Ukrainian president, Volodymyr Zelenskiy, is the subject of a congressional investigation and is ...

Bloomberg Alibaba Group Holding Ltd has bought a third of Ant Financial, the online financial services behemoth controlled by billionaire Jack Ma, augmenting a global array of investments now worth $83 billion. The Chinese e-commerce leader has closed the acquisition of 33 percent of newly issued equity in Ant, a long-gestating deal that cements ties between two of the country’s ...

Bloomberg Xiaomi Corp introduced its first phones compatible with the latest, fifth-generation cellular technology in China, as the country’s once-biggest smartphone maker prepares for an uphill battle against domestic rival Huawei Technologies Co. At an event in Beijing, billionaire co-founder Lei Jun introduced the 5G-capable Mi 9 Pro, the latest of Xiaomi’s classic product line, and gave the world a ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday launched the Global Food Technology Challenge. The competition is the largest of its kind that seeks to develop innovative solutions for food production and management in the UAE. The Challenge was launched in the presence of ...

Dubai / WAM The Expo 2020 Dubai Higher Committee has affirmed its commitment to hosting an exceptional World Expo during a meeting led by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee. The high-level task force is entrusted with steering progress on the largest event ever held in the Arab world. Through the ...

Dubai / WAM Dubai has risen up the ranks of the Global Financial Centres Index (GFCI), to number eight position, representing its highest-ever ranking. The city is the only financial centre in the Middle East, Africa and South Asia (Measa) region to appear within the top 10 rankings, placing it alongside other pivotal financial hubs such as London, New York, ...