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Bloomberg Britain’s productivity malaise may find a solution from the unlikeliest of places—Brexit. Poor productivity has long been the bane of the UK, with output per worker far below the Group-of-Seven average and successive predictions for a recovery since the financial crisis failing to materialise. Still, according to UBS Wealth Management economist Dean Turner, Britain’s exit from the European Union ...

Bloomberg Qualcomm Inc. investors want at least $10 more than the $70-a-share Broadcom Ltd. is offering. If history is any guide, they might get partway there. “We would be very interested in evaluating an offer that begins with an 8,” said Daniel O’Keefe, a fund manager of the $3.1 billion Artisan Global Value Fund, which owns Qualcomm stock. The board ...

Bloomberg London’s iconic red double-decker buses will soon run on a biofuel partially made from old coffee grounds. The fuel will be supplied by a demonstration project set up by Bio-bean Ltd., a London-based company that joined with Royal Dutch Shell Plc on the initiative. It will produce 6,000 litres a year of the fuel. “It’s got a high oil ...

Bloomberg German Chancellor Angela Merkel’s bid to form a new government failed, raising the prospect of fresh elections in Europe’s largest economy and casting doubt on the future of its longest-serving leader. A month of coalition talks collapsed in dramatic fashion just before midnight on Sunday as disputes among a grab-bag of disparate parties over migration and other polices led ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended the wedding reception of Sheikh Tahnoon bin Saeed bin Saif bin Mohamed Al Nahyan to the daughter of His Highness Dr Sheikh Sultan bin Khalifa Al Nahyan, Adviser to the UAE President, at ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has stated that achieving the well-being and happiness of the UAE’s people is a top priority. His Highness’ remarks came during a Dubai Executive Council meeting held today, with H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown ...

Ajman / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, inaugurated the third edition of the ‘Smart Life’ exhibition at the Emirates Hospitality Hall in Ajman, in the presence of HH Sheikh Rashid bin Humaid Al Nuaimi, Chairman of the Municipality and Planning Department and Deputy Chairman of the Board of Directors ...

DUBAI / WAM Over 2,500 participants, representing more than 55 nationalities from various food-related entities are participating in the 11th Dubai International Food Safety Conference which opens at the Dubai International Convention and Exhibition Centre on Sunday. Hussain Nasser Lootah, Director-General of Dubai Municipality, inaugurated the conference in the presence of the members of the Board of Directors of UAE ...

Dubai / Emirates Business Dubai Land Department (DLD) has invited Seven Tides as a selected developer to represent the emirate at investor roadshows in Russia and the UK. Dubai-based luxury property developer Seven Tides will be presenting the popular Anantara The Palm Dubai Residences and the recently launched SE7EN Residences, as well as the Anantara Sky Collection – penthouse conversions, ...

Bloomberg Toyota Motor Corp. will introduce electric vehicles in China and India from 2020 as it accelerates a push into battery-powered autos amid rapidly tightening environmental regulations. Japan’s biggest automaker will design its own EV for the Chinese market, and is also considering selling EVs developed by its local partners under its marque, the company’s head of China operations, Hiroji ...