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Bloomberg Vodafone Group Plc shares jumped 7.1 percent after the mobile phone company’s new chief executive unveiled stro-nger than expected results in a fiercely competitive market and kept the dividend stable while he tries to rein in debt. Investors were already bracing for CEO Nick Read to end Vodafone’s policy of constant dividend growth after the $22 billion takeover over ...

Bloomberg In a world where iPhone demand is on the wane, Apple Inc. has a Plan B. As customers wait longer between upgrades and the smartphone market saturates, Apple can fall back on charging higher prices for each handset and raking in more money from services such as streaming music, digital videos and data storage. But there’s no back-up for ...

Bloomberg Thirteen undeclared North Korean missile operating bases were identified in a new report, undermining the Trump administration’s claims that its outreach to Pyongyang is making progress in getting Kim Jong-un’s regime to give up its nuclear weapons programme. The 13 sites are among an estimated 20 bases, small and dispersed across the country, that are believed to have underground ...

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, and President Barham Ahmed Salih of Iraq discussed bilateral relations between the UAE and Iraq and means of developing them across various sectors. During the meeting, held at the Presidential Palace in Abu Dhabi, ...

ABU DHABI / WAM The global oil and gas will be a critical enabler of economic growth in the 4th Industrial Age, according to Dr Sultan bin Ahmad Al Jaber, Minister of State and Group CEO of the Abu Dhabi National Oil Company (Adnoc). Delivering the opening keynote address, on Monday at the Abu Dhabi International Petroleum Exhibition and Conference ...

Dubai / WAM Finland officially announced the country’s participation at Expo 2020 during a press conference held on Monday. Finland’s participation at Expo 2020 Dubai was confirmed by the Commissioner General of Finland for Dubai Expo Severi Keinala and the Executive Director of Dubai Expo 2020 Bureau Najeeb Mohammed Al-Ali. They were joined at a press conference by the Finnish ...

ABU DHABI / WAM Microsoft on Monday demonstrated the power of digital transformation to the region’s oil and gas industry, as the company participated in the Adipec 2018. Microsoft experts demonstrated Azure IoT Edge capabilities in action allowing energy companies to extend cloud intelligence and analytics, and bring these innovations to edge devices in the field. The platform allows the ...

Bloomberg For US President Donald Trump, attending a French-run ceremony to commemorate World War I, a bloodletting that highlighted the value of allies and dangers of nationalism, was never going to be easy. By the time he flew home on Sunday he appeared isolated and, by some, scorned. Trump arrived fresh off midterm elections where his party lost control of ...

Bloomberg SoftBank Group Corp. founder Masayoshi Son is seeking to raise 2.4 trillion yen ($21.1 billion) in an initial public offering of his Japanese telecom business that could be the country’s largest IPO yet. The Japanese technology giant said in a prospectus it will sell 1.6 billion shares at 1,500 yen apiece in a new entity, SoftBank Corp., that will ...

Bloomberg Netflix Inc. said it will test a lower-priced version of its film and television streaming service in some markets to boost sales. The company hasn’t committed to lowering prices anywhere, but does want to experiment, Chief Executive Officer Reed Hastings said. He didn’t say when or where the test would be conducted. A lower-priced offering would be a departure ...