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Climate policy missteps have set Australia’s power system adrift

Bloomberg A bungled transition from coal to clean energy has left resource-rich Australia with an unwanted crown: the highest power prices in the world. New Yorkers pay half as much as Sydneysiders to keep the lights on, despite Australia boasting among the world’s largest coal and natural gas reserves, as well as ideal conditions for clean power generation. A decade ...

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Australia asks what if India is the next China!

Bloomberg India has the potential to boost consumption of everything from copper to iron ore as its economy expands over the next two decades and more people flock to its cities, according to projections from the Australian government that try to fathom whether the country will emulate China. “Like China since the start of this century, India is in the ...

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Sprint, T-Mobile all set for merger

Bloomberg Sprint Corp. and T-Mobile US Inc. are putting the finishing touches on a merger that’s likely to be announced when the wireless carriers report quarterly earnings at the end of October, according to people familiar with the matter. Both sides are conducting final due diligence to decide on the exchange ratio that will determine Sprint’s valuation, said the people, ...

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‘Fake news problem is more dangerous to solve’

Bloomberg Facebook Inc.’s chief security officer warned that the fake news problem is more complicated and dangerous to solve than the public thinks. Alex Stamos, who’s handling the company’s investigation into Russia’s use of the social media platform ahead of the 2016 US presidential election, cautioned about hoping for technical solutions that he says could have unintended consequences of ideological ...

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What goes into making an eco-conscious jean!

Bloomberg Denim production is a “dirty business,” says Michael Preysman, chief executive officer of fashion e-tailer Everlane Inc. He’s not wrong. Chances are, those jeans you’re wearing produced 44 pounds of carbon dioxide and took up to 10,000 litres of water to make, much of it ending up in waterways, along with toxic dyes and chemicals deployed in making denim. ...

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Adapt teaching methods to the demands of 21st century

Abu Dhabi / WAM Addressing an audience of more than 900 teachers and experts from 80 countries around the globe, HH Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, emphasised the importance of adapting teaching methods and curriculums to the demands of the 21st century. In his keynote speech at the opening of the ...

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Etihad Museum wins best museum award

Dubai / WAM Dubai Culture and Arts Authority, Dubai Culture, the Emirate’s dedicated entity for culture, arts and heritage, has announced that the Etihad Museum scooped top honours at The Leading Culture Destinations Awards 2017 in London, where it took home the coveted ‘Best New Museum in the Middle East and Africa’ award and also placed first runner-up in the ...

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GITEX Technology Week opens today

Dubai / Emirates Business The worlds’ most global and disruptive technology events, GITEX Technology Week and GITEX Future Stars will bring together a world-class gathering of industry innovators, government leaders, technology creators, and future-forward thinkers from October 8 to October 12 at Dubai World Trade Centre (DWTC). With a spotlight on frontier technology that will transform corporations into global powerhouses, ...

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Cisco-Miral ink MoU to advance digitisation journey on Yas Island

Dubai / Emirates Business Cisco on Saturday announced the signing of a Memorandum of Understanding (MoU) with Miral, Abu Dhabi’s creator of destinations, to further explore opportunities to enhance Miral’s digital offerings across its portfolio of leisure destinations on Yas Island. The MoU establishes a framework for closer collaboration between the two parties by leveraging Cisco’s broad portfolio of technology ...

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Syrian rebels enter Idlib as Turkey looks at ‘risky’ mission

Bloomberg Syrian rebels backed by Turkey are engaged in a “serious operation” in the country’s Idlib province, President Recep Tayyip Erdogan said, part of a joint mission with Russia and Iran to monitor a ceasefire agreement and pacify a rebel stronghold in northwest Syria. Turkey also beefed up troops on the border since the three countries agreed to establish a ...

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