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Abu Dhabi / WAM Films created by participants in Image Nation Abu Dhabi’s flagship training programme Arab Film Studio have now screened over 200 times at prestigious film festivals around the globe, after Ranapakhara by Swapna Kurup was selected to screen at the Mosaic World Film Festival, Illinois this week. The milestone comes following the completion of the third edition ...

Bloomberg China’s expressed regret over Qualcomm Inc.’s decision to scrap a $44 billion takeover of NXP Semiconductors NV, an apparent attempt to avoid blame after regulators failed to rule on what would have been the largest chip acquisition in history. The takeover fell apart as tensions between China and the US escalated and local regulators held off on clearing the ...

Bloomberg As foreign funds continue to dump Indonesian stocks and bonds, President Joko Widodo is chasing dollars from tourism and exports to help contain a widening current-account deficit. Widodo, known as Jokowi, ordered ministers, officials and central bankers to step up efforts to lure more foreign visitors into the pristine sand beaches dotting hundreds of islands across the archipelago. He ...

Bloomberg President Donald Trump faces potential legal and political danger if it’s proven he knew in advance about a meeting his son and campaign aides had with Russians said to be promising dirt on Hillary Clinton, according to former federal prosecutors. The allegation reportedly made by Trump’s former personal attorney Michael Cohen adds an explosive twist to the famous June ...

Bloomberg Google, Twitter Inc. and Facebook Inc. have taken significant steps to expunge IS propaganda and other terrorist content from their platforms. But taking no chances, the European Union (EU) is set to propose a tough new law anyway — threatening internet platforms, big and small, with fines if they fail to take down terrorist material, according to people familiar ...

Bloomberg Harley-Davidson Inc. cut its forecast for profit margin this year, adding to its predictions of damage done by President Donald Trump’s trade war. Operating margin will drop to between 9 percent and 10 percent this year due to the expected impact of tariffs, the Milwaukee-based manufacturer said in a statement. The company had been projecting a margin of as ...

Bloomberg Robots could destroy about 7 million existing UK jobs but create at least that many more over the next two decades, according to analysis by PricewaterhouseCoopers. There will still be winners and losers. Worst hit will be manufacturing, which could see 25 percent of current staff cut by 2037 because of artificial intelligence and related technologies, the report said. ...

SHARJAH / WAM In observing its premier status as Sao Paulo International Book Fair’s first-ever guest of honour, at its 25th edition, which runs from August 3-12, Sharjah will be putting its best foot forward in showcasing the gems of Emirati culture, with a special focus on their achievements in the past four decades. Sharjah’s pavilion at the book biennial ...

ABU DHABI / WAM More than 28,000 people visited The Founder’s Memorial in Abu Dhabi, since its public opening on April 22, becoming one of the major landmarks of the emirate. The Memorial is a permanent national tribute to the Founding Father, late Sheikh Zayed bin Sultan Al Nahyan, and represents a window for the visitors to learn about life ...

Dubai / WAM The Federal Competitiveness and Statistics Authority (FCSA), signed a Memorandum of Understanding (MoU), with the Dubai Electricity and Water Authority, (Dewa) to build a strategic relationship to support the United Nations 2018 World Data Forum, to be hosted by the United Arab Emirates in October. More than 1,500 leaders, decision makers, experts and specialists in the field ...