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Coal ash, sewage spill over in the Carolinas

Bloomberg A Duke Energy Corp. landfill near Wilmington, North Carolina, failed under the assault of Tropical Storm Florence, spilling about 2,000 cubic yards of coal ash that can carry toxic mercury, arsenic and lead. Authorities said they would investigate whether the pollutant had reached the Cape Fear River, but said it was not yet safe to inspect the site. As ...

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Aston Martin says ‘Brexit risk to industry’

Bloomberg Aston Martin Chief Executive Officer Andy Palmer said that Brexit is “a disaster for the industry on both sides of the Channel if there is no negotiated exit.” Palmer, a former executive at Japan’s Nissan Motor Co., spoke in an interview with the Mail on Sunday. He joins Jaguar Land Rover CEO Ralf Speth in calling out the risks ...

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Estonian startup undercuts billion-dollar ‘gaming stores’

Bloomberg The world’s biggest app stores are facing increasing pushback by developers over the high costs they charge for connecting their games with users — and new gaming platforms are looking to swoop in. Tallinn-based Ultra will take 15 percent from sales it generates through its digital store, in a bid to challenge companies such as Alphabet Inc.’s Google, Apple ...

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Sharjah, China discuss mutual investments, business prospects

Sharjah / WAM In line with Sharjah’s development and strategic objectives to enhance economic diversification, the Sharjah FDI Office (Invest in Sharjah) concluded its participation in three leading global investment events which were held in Xiamen and Shanghai, China. The three exhibitions set the stage for discussions on common investment and business interests between both parties and presented “Invest in ...

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UN official lauds UAE’s counter-terrorism efforts

Abu Dhabi / WAM The Under-Secretary-General of the United Nations Counter-Terrorism Office has hailed the significant efforts made by the UAE to counter terrorism and violent extremism as well as the country’s endeavours to promote the values of peaceful co-existence, tolerance and pluralism. Vladimir Ivanovich Voronkov, currently visiting the country, made the statements when he was received along with his ...

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Over 1,400 Yemenis benefit from ERC aid in Fujair, Hadramaut

HADRAMAUT / WAM Up to 1,400 people from Al Fujair area in Trim district, Hadramaut, benefited from urgent relief aid distributed by the Emirates Red Crescent (ERC), as part of the UAE surge plan to ease the suffering of the Yemeni people. The UAE’s premier humanitarian aid provider distributed the aid among the eligible households in the district who have ...

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UAE launches student competition on nuclear development

VIENNA / WAM The Permanent Mission of the United Arab Emirates to the International Atomic Energy Agency (IAEA) in Vienna has launched the first National Nuclear Science for Development Student Competition in cooperation with the UAE Ministry of Education, the Federal Authority for Nuclear Regulation (FANR) and Emirates Nuclear Energy Corporation (Enec). Targeting high-school students from the age of 14 ...

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Florence flooding overwhelms coastal North Carolina; 5 dead

Bloomberg Florence weakened to a tropical storm, trudging through the Carolinas at 5 miles per hour as it unloaded pelting rain and floods that killed at least five people. Its implacable advance threatens as much as $20 billion in damage, a toll that likely will unfold through the weekend. “Florence is still grinding its way across North Carolina,” Governor Roy ...

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Meituan raises $4.2bn in IPO

Bloomberg Meituan Dianping raised about $4.2 billion after the Chinese food review and delivery giant priced its Hong Kong initial public offering near the top of a marketed range, according to people with knowledge of the matter. China’s second largest tech startup priced its sale of 480.27 million new Class B shares at HK$69 apiece, the people said, asking not ...

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Mangkhut unleashes fury on Philippines as it heads to China

Bloomberg Super Typhoon Mangkhut battered the Philippines with gales and torrential rains, leaving at least three people dead and thousands homeless, triggering landslides and damaging an airport before heading towards China. The most powerful storm of the year ripped into Cagayan province in the northern Philippines with winds of up to 269 kilometres (167 miles) per hour. By US standards ...

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