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Twitter unveils new political ads policies

Bloomberg Twitter Inc. plans to introduce extra checks and publish more information around political ads in Europe, stepping up efforts to combat disinformation online amid worries Russia or other actors could try to meddle with European Union elections in May. The EU in late January warned tech companies to intensify efforts to combat disinformation on their platforms ahead of European ...

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Pakistan vows retaliation if India launches military action

Bloomberg Pakistan’s Prime Minister Imran Khan said his nation would retaliate if attacked by India, following New Delhi’s strongest accusations yet that its nuclear-armed neighbour was responsible for a major terrorist attack in Kashmir. “Pakistan will not think of retaliation, Pakistan will retaliate,” Khan said in a televised speech on Tuesday. “There will be no other option than retaliation.” Tensions ...

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UAE rulers inspect Russia’s Aurus

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, inspected on Monday Russian’s Aurus armoured limousine displayed at Tawazun Economic Council stands, at ...

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Sheikh Mohamed wishes exhibitors at Idex success

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, toured the International Defence Exhibition and Conference (Idex 2019), held at the Abu Dhabi National Exhibition Centre (Adnec) on Monday. On the second day’s proceedings, His Highness visited various international companies’ pavilions showcasing the latest innovative ...

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BAE Systems to open MRO facility in Al Ain

Abu Dhabi / WAM The Advanced Military Maintenance Repair and Overhaul Centre, LLC., (AMMROC) and BAE Systems’ Electronic Systems signed a Memorandum of Understanding to provide repairs and upgrades to aircraft at a facility in Al Ain under AMMROC. Speaking to the Emirates News Agency (WAM), after the signing on the second day of the International Defence Exhibition and Conference, IDEX ...

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DMCC Coffee Centre to drive trade through Dubai

Dubai / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, inaugurated the ‘DMCC Coffee Centre’ on Monday, during Gulfood 2019. The state-of-the-art 7,500 square metre temperature-controlled facility is the first of its kind in the Middle East. From crop to cup, the Centre offers cost-effective logistical support and services that connect ...

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Saudi signs $20bn deals with Pakistan

Bloomberg Crown Prince Mohammed bin Salman said his country plans to invest a whopping $20 billion in Pakistan as he began a swing through Asia at a time when Saudi Arabia’s ties with the west have waned. The two nations signed memorandums of understanding in the energy and agriculture sectors, including one for a $10 billion oil refinery in southwestern ...

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China plans to build first power station in space

Bloomberg China’s space ambitions are shifting into a higher orbit. Following its successful and world-beating trip to the far side of the moon, China is preparing to build a solar power station in space, as the world’s No. 2 economy strives to burnish its superpower credentials. With an $8 billion annual budget for its space program, second only to the ...

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Germany bans Wirecard short sales in unprecedented move

Bloomberg Germany’s financial regulator took the unprecedented step of banning short sales of Wirecard AG shares for two months, saying recent price volatility risks undermining the broader stock market. The shares surged. Investors globally are prohibited with immediate effect from taking new short positions or increasing existing ones through April 18, according to watchdog BaFin. That’s the first time it ...

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UK lawmakers recommend harsher penalties for tech firms

Bloomberg A committee of senior lawmakers in the UK recommended the British government take tougher measures to keep technology companies like Facebook Inc. in check, following a year-long inquiry into fake news and its impact on elections. Damian Collins, the policy maker who spearheaded the inquiry, called for Parliament to create new laws to help a proposed regulator oversee the ...

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