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Bloomberg Figeac-Aero has a problem that says a lot about the French economy: the Airbus supplier can’t find enough qualified people to staff its factories. Even with one in 10 workers out of a job, companies cite difficulty in hiring as one of their biggest problems as a long-awaited economic recovery takes hold. The crunch is particularly acute for Patrice ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Sunday Narendra Modi, Prime Minister of India on the sidelines of the World Government Summit (WGS 2018), Sheikh Mohammed bin Rashid and Prime Minister Modi discussed boosting strategic cooperation between the two nations as well as a ...

Dubai / WAM The final designs of the Hope Probe, the Arab World’s first interplanetary mission were unveiled on Sunday at the World Government Summit in Dubai. Details of the much-discussed Mars 2117 plan, which aims to create the first human settlement on Mars, and UAE’s astronaut programme, which will train Emiratis in space exploration, were also discussed. The Mohammed bin ...

Bloomberg A Russian plane with 71 people on board crashed in the Moscow region on Sunday and prosecutors said there were no survivors. The Saratov Airlines An-148 took off from Moscow’s Domodedovo airport at 2:21 p.m. local time (6:21 a.m. EST) headed for Orsk and disappeared from radar 7 minutes later, Sergey Izvolsky, a spokesman for the Federal Aviation Authority, ...

Abu Dhabi / WAM Khalifa Industrial Zone of Abu Dhabi (KIZAD), and Shaheen Chem Investment LLC announced the signing of an agreement for the land lease of a two-phase chemical complex in the industrial zone with an expected investment of AED4 billion ($1 billion). The plant will support the UAE’s growing chemical manufacturing sector as well as supply major industrial ...

DUBAI / WAM Data for the opening month of 2018 signalled a pick-up in growth in Dubai’s non-oil private sector. The seasonally adjusted Emirates NBD Dubai Economy Tracker Index – a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy – rose to 56.0 in January, from December’s 14-month low of 54.7. ...

Bloomberg Walmart Inc. is in discussions to pay several billion dollars for as much as 20% of India e-commerce leader Flipkart Online Services Pvt, according to a person familiar with the matter. The world’s biggest retailer would invest in Flipkart as part of a proposed deal that would increase the startup’s valuation as high as $20 billion, said the person, ...

Bloomberg Hon Hai Precision Industry Co. Chairman Terry Gou, best known for assembling Apple Inc.’s iPhones, plans to increase its focus on artificial intelligence and big data over the next few years as he seeks to transform the contract manufacturer into a more influential force in the global technology industry. Gou, at an annual gathering in Taipei for employees and ...

Bloomberg Justin Trudeau’s latest mission to bolster Nafta ended on an upbeat note, as the Canadian leader said there’s still a “clear path” to a deal while pushing back against US President Donald Trump. Trudeau capped a US swing in Los Angeles after stops in Chicago and San Francisco. During the trip he rejected the belief that trade deals see ...

Bloomberg The UK is leading the way into an online-shopping future, and that has the country’s traditional brick-and-mortar retailers fighting for their lives. With 18 percent of retail sales taking place online in Britain, the stakes are even higher than in the US, where the comparable figure is 12 percent — and where department-store owner Bon-Ton Stores Inc has just ...