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Bloomberg YouTube plans to introduce a paid music service in March, according to people familiar with the matter, a third attempt by parent company Alphabet Inc. to catch up with rivals Spotify and Apple Inc. The new service could help appease record-industry executives who have pushed for more revenue from YouTube. Warner Music Group, one of the world’s three major ...

Bloomberg China expressed pessimism about bringing the North Korean standoff to a peaceful resolution, even as Kim Jong Un’s regime touted new United Nations support for “regular” talks. Chinese Foreign Minster Wang Yi said on Saturday “the outlook is not optimistic” on the Korean Peninsula and urged all sides to end what he said was a “vicious cycle” of confrontation. ...

Sharjah / Emirates Business His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member Ruler of Sharjah and Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of His Highness the Ruler of Sharjah, and Patron of the Global NCDA Forum, on Saturday opened the most influential gathering of experts and decision makers in the field of Non-Communicable Diseases ...

Abu Dhabi / WAM Under the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the orders of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Executive Council, the Abu Dhabi City Municipality (ADM) has started the allocation of 2310 ...

Abu Dhabi / Emirates Business Emirates Global Aluminium (EGA), the largest industrial company outside oil and gas signed a long-term port facility agreement with Abu Dhabi Ports to use some of the world’s largest bulk cargo vessels to import raw materials through Khalifa Port. With this agreement, Abu Dhabi Ports will be able to develop the port to become the ...

DUBAI / WAM Dubai achieved a new milestone in its efforts to reduce carbon emissions, getting certified by the C40 Cities Climate Leadership Group. C40 is a leading global network of cities committed to tackling climate change and protecting the planet. The network was established in 2005, and includes 75 major cities that have worked to reduce Greenhouse Gas (GHG), ...

Bloomberg The 1.5 million Brits living in Europe face being “landlocked” after Brexit because Friday’s deal doesn’t clarify whether they can move freely between European Union countries after the UK’s departure from the bloc. The UK and the EU struck a deal to unlock divorce negotiations overnight after months of stalemate. The agreements include a 45 billion-euro ($53 billion) divorce ...

Bloomberg Uber Technologies Inc. has had its operating license suspended in Sheffield, the fourth-largest city in England. The local council said the suspension followed a failure by the ride-hailing company to respond to requests about the firm’s management, and that it can’t provide services in the city after December 18. “If it chooses to appeal this suspension it can continue ...

Bloomberg Ford Motor Co. is changing gears again in Mexico, shifting planned production of a small electric-powered sport utility vehicle to a plant south of the border instead of a Michigan factory. Sending the electric vehicle to Mexico, where labour costs are lower, will help the business case for the costly model. It also risks raising the ire of President ...

Bloomberg Alibaba Group Holding Ltd., China’s e-commerce giant, plans to invest about $200 million in India’s largest online supermarket, Bigbasket, leading a $280 million funding round in the startup, according to people familiar with the negotiations. Alibaba is taking a stake of about 25 percent in Bigbasket after months of negotiations, said the people, asking not to be identified because ...