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Bloomberg The UK’s main opposition party is backing a plan that could open the door to a second European Union referendum, bringing the possibility of stopping Brexit a step closer. Labour leader Jeremy Corbyn proposed a series of non-binding votes in Parliament on options for how the UK can avoid a no-deal Brexit: One of those options is a new ...

Bloomberg Ever since negotiators from the US and China sat down in Beijing after a Christmas meltdown in global markets, President Donald Trump has sought to calm investors and claim his trade talks are making great strides. But that glosses over a more uncomfortable reality. According to people close to the discussions, the two sides have so far made little ...

Bloomberg The US has indicated it will pursue the extradition of a top Huawei Technologies Co. executive, Canada’s ambassador to Washington said, suggesting the case might not be resolved in trade talks with China. Ambassador David MacNaughton confirmed in an email that US officials have continued to signal an intent to follow through on the case against Huawei Chief Financial ...

Bloomberg Singapore’s finance minister said next month’s budget will focus on infrastructure spending, healthcare for an aging population, and helping businesses transition to a digital economy. “We want to be able to continue to invest in education, the healthcare of our people, and in taking care of the growing number of seniors,” Heng Swee Keat said in an interview with ...

Bloomberg Facebook Inc’s repeated privacy scandals have infuriated users, lawmakers and data-security advocates who are clamouring for a forceful government response. That job mainly falls to Joe Simons, who is under pressure to satisfy doubters or risk sidelining his agency as the nation’s chief privacy watchdog. The chairman of the Federal Trade Commission talked tough when he took over the ...

Bloomberg TomTom NV will sell its Telematics fleet-management business to tire manufacturer Bridgestone Corp for 910 million euros ($1 billion), freeing up resources to battle the likes of Alphabet Inc. for access to mapping technology in car dashboards. The sale is a big step in TomTom’s shift to location technology as customers ditch the personal navigation devices that made the ...

Bloomberg Britons are enjoying the strongest wage growth since the financial crisis a decade ago as the labour market tightens. Average earnings excluding bonuses continued to increase an annual 3.3 percent in the three months through November and unemployment fell to 4 percent, matching the lowest rate since 1975, the Office for National Statistics said on Tuesday. Separate figures showed ...

Hatta / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, ordered concerned government entities to speed up the execution of projects related to Hatta’s comprehensive development plan, that seeks to turn the city into a key touristic and investment hub that offers all requirements for decent life to ...

Dubai / WAM The Commercial Compliance and Consumer Protection sector in the Department of Economic Development (DED), in Dubai, received 32,650 complaints from consumers and 1,657 from businesses in 2018, as DED continues to enhance communication with different customer groups and encourage them to use its diverse complaint resolution channels. On average, the department received 2,720 complaints a month in ...

Mohammed Jalal Alrayssi Executive Director of WAM The global monitoring and evaluation institutions vary in their forecasts for Dubai’s economic growth rates for 2019 to 2023, but all agree that the Emirate of Dubai has a proactive capacity to absorb and neutralise the negative repercussions of the global economic and trade volatility. “The continued economic activity, which is regularly supported ...