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Bloomberg Hong Kong’s market for initial public offerings is heading for its worst year since 2012 as a combined $20 billion of megadeals are being pushed to next year. State-owned China Tower Corp. was slated to be one of this year’s biggest deals, with a fundraising goal of as much as $10 billion, according to people with knowledge of the ...

Bloomberg Indonesia will turn to private investors for the hundreds of billions of dollars in investment needed to develop the archipelago’s infrastructure and natural resources, President Joko Widodo said, brushing off claims he was increasingly becoming an economic nationalist. All major projects will be offered to the private sector, Widodo, also known as Jokowi, told Bloomberg Television’s Haslinda Amin in ...

­­­­­­­­­­­Bloomberg The US Supreme Court agreed to decide whether law enforcement officials conducting a criminal investigation can demand data held overseas by Microsoft Corp. and other tech companies in a high-stakes clash over digital privacy. The justices will review a federal appeals ruling that the Trump administration says has become a major obstacle in criminal probes. Already, Google and Yahoo, ...

Bloomberg UK inflation climbed to its highest rate in more than five years in September, boosted by the cost of food and transport. Consumer prices rose 3 percent from a year earlier, the fastest pace since April 2012 and up from 2.9 percent in August, the Office for National Statistics said on Tuesday in London. The increase intensifies the squeeze ...

Bloomberg Daimler AG is firming up plans for its biggest corporate overhaul in a decade, granting its car and truck operations more independence in a move that could pave the way for spinoffs and other deals as the automaker confronts the disruptive shift to self-driving electric vehicles. Under the plan, the German automotive giant would break up its conglomerate structure ...

Bloomberg North Korea warned that a nuclear war “may break out any moment” as the US and South Korea began one of the largest joint naval drills off both the east and west coasts of the peninsula. Kim In Ryong, North Korea’s deputy ambassador to the United Nations, said that his nation had become a “full-fledged nuclear power which possesses ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, announced the UAE Strategy for Artificial Intelligence (AI), a major initiative within the UAE Centennial 2070 objectives. This is the first such strategy of its kind in the region and the entire world to promote government performance and ...

DUBAI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued Federal Law No. 09 of 2017 regulating the handling, trading, marketing and circulation of veterinary products considering its direct impact on animal and public health, as well as the environment at large. The move emphasises the critical role of veterinary medicines and related products in animal ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) said that health and safety are on top of its priorities, highlighting the importance of safety culture, which comes as part of ENEC’s role as official Safety Partner and National Gold Partner for the event. This commitment is demonstrated by ENEC’s team of ‘Health and Safety Ambassadors’ at WorldSkills Abu ...

Umm Al Quwain / Emirates Business It has been a year of celebrations at Dreamland Aqua Park as it completed 20 successful years welcoming and taking over ten million visitors to the edge of thrill and excitement. Mega surprises were lined up for families and individuals as part of the anniversary celebrations. Starting with special discounted prices on the entry ...