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Bloomberg The Philippines has invited Jack Ma and his Alibaba Group to partner with President Rodrigo Duterte in helping to improve technology for governance and to assist in building an inclusive financial system that would aid small businesses, Finance Secretary Carlos Dominguez said. Ma, in a meeting with Philippine government officials in Hangzhou on February 1, said the Philippines had ...

Bloomberg In the global race to use human immune cells to fight cancers, a little-known Chinese firm called GenScript Biotech Corp. is emerging as one of the biggest stock gainers. Among the first Chinese developers of so-called CAR-T cancer therapies, GenScript’s shares have risen more than sixfold since June, when it reported positive results from early studies in 35 patients ...

Bloomberg The man with the final word on design at one of the world’s biggest automakers sees a future dominated by self-driving boxes-on-wheels and souped-up sports cars. For Simon Humphries, who as of this year oversees design globally across Toyota Motor Corp.’s namesake and luxury Lexus brands, mobility will follow two divergent paths. One is the e-Palette, a customizable robo-van ...

Bloomberg Broadcom Ltd.’s bid for Qualcomm Inc. is a good place to start negotiations between the two companies on what would be the biggest deal in the history of technology, according to Institutional Shareholder Services Inc. The influential proxy adviser, though, stopped short of recommending that Qualcomm shareholders vote for the current offer of $82 a share, in a report. ...

Bloomberg Uber Technologies Inc. is launching a range of measures, including 24-hour telephone support hotlines and better contact with local police, in a bid to appease London’s regulator ahead of a court battle over its license to operate in the city. The ride-hailing company will now report “serious incidents” that occur during a passenger’s journey to the police, rather than ...

Bloomberg In his 50 years working in Britain’s car industry, John Cooper has survived plenty of upheavals. None is scarier than the prospect of Brexit. Being split off from their biggest market means the job cuts and production slowdown UK carmakers have imposed the past few months could be just a prelude to wholesale shutdowns. The shock is only beginning ...

Manama / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, praised the impressive development of endurance racing in Bahrain, thanks to the constant support and follow-up of His Majesty King Hamad bin Isa Al Khalifa of Bahrain. His Highness Sheikh Mohammed bin Rashid made these remarks when he attended ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC), implemented the first phase of the relief, medical and logistics aid programme valued at AED 8 million, provided by the UAE to support the humanitarian situation in Angola. The gesture is in implementation of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the Vice President, Prime Minister ...

Bloomberg Donald Trump has insisted for more than a year that Russians didn’t try to get him elected. Special Counsel Robert Mueller put an end to those claims, declaring definitively that they did. A federal grand jury indicted 13 Russian nationals and a so-called “troll farm” in St. Petersburg for a broad campaign to sway the 2016 election in Trump’s ...

Dubai / Emirates Business The food and beverages (F&B) sector operating out of Jebel Ali Free Zone (Jafza), a subsidiary of global trade enabler DP World, grew by 12 percent in 2017. The number of companies in the sector rose to 570 from 507 in 2016, employing 8,600 people and underlining Jafza’s reputation as an attractive destination for companies seeking ...