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Bloomberg US prosecutors in a high-profile case against Huawei Technologies are seeking to disqualify the company’s lead lawyer, saying he has a conflict of interest stemming from his former role as second-in-command at the Justice Department. James M Cole should be excluded from the Chinese smart-phone maker’s defense team because he had access to classified investigations that appear to be ...

Bloomberg After the biggest initial public offering of the year, Uber Technologies Inc. ended its first day of trading below its last private valuation. The deflated debut cast a pall over 2019’s prospects as the hottest year for tech listings this decade — and potentially on the future of the ride-hailing industry. It took more than two ho-urs for the ...

Bloomberg Walt Disney Co. wrote off the rest of its investment in Vice Media, reflecting the ongoing troubles at the onetime media darling. The charge of $353 million marked the second time in the past year that Disney has taken a hit on the investment. Vice, which produces a high-profile news show for HBO and operates the Viceland cable channel, ...

Bloomberg One of Germany’s biggest and oldest companies wants to become carbon neutral by next year, starting a race to tap more green power, ramp up energy savings and offset emissions. Robert Bosch GmbH announced the sweeping plan that will impact 400 sites worldwide. It puts the 133-year-old company at the forefront German blue chips moving to eliminate emissions as ...

Bloomberg US Secretary of State Michael Pompeo leaves for Moscow on Sunday, with President Donald Trump again calling for improved ties now that Special Counsel Robert Mueller has finished his investigation. Pompeo will meet US diplomats at the American Embassy in Moscow on Monday before continuing to Sochi for talks with President Vladimir Putin and other senior officials. The secretary ...

Sharjah / Emirates Business Sharjah Investment and Development Authority (Shurooq), Sharjah Chamber of Commerce and Industry (SCCI) and the Sharjah FDI Office (Invest in Sharjah) will organise the fifth edition of the Sharjah Economic Ramadan Majlis on May 12 at the Al Jawaher Reception and Convention Centre (JRCC) in Sharjah. The Majlis will host discussions on a series of topics ...

Dubai / Emirates Business Dubai welcomed innovative cruise ship, Spectrum of the Seas into Port Rashid, marking its debut into the Arabian Gulf. In celebration of this significant occasion, a traditional ‘Plaques and Keys Exchange’ ceremony was hosted on board in the presence of the ship’s captain and key industry stakeholders from the Dubai Cruise Committee. Reaffirming Dubai’s position as ...

Abu Dhabi / WAM The Federal Youth Foundation launched the ‘Emirati Values Iftar’ initiative to celebrate Ramadan, whereby Emirati families host resident families from all backgrounds in their homes for Iftar meals throughout the Holy Month, introducing them to authentic Emirati customs and values. Organised under the patronage of HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, ...

Abu Dhabi / WAM Founder’s Memorial, a permanent national tribute to the late Sheikh Zayed bin Sultan Al Nahyan, the Founding Father of the UAE, has completed its first year of operations since opening to the public in April 2018. In that time, 198,919 people from a range of ages and cultural background have visited the Memorial, including a number ...

Bloomberg Apple Inc has finalised a short list of locations for its first retail store in India, according to people familiar with the plans, as the company redoubles its efforts in the world’s fastest-growing smartphone market. The iPhone giant has zeroed in on several upscale sites in Mumbai, and plans to make a final decision in the next few weeks, ...