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  Bloomberg India’s plans to sell the government’s stake in several poorly performing companies have prompted trade union threats of a nationwide strike, laying out a test for Prime Minister Narendra Modi in the lead up to crucial state elections. With thousands of jobs potentially at risk, the government’s decision to offload a number of companies to the private sector ...

  AP Lobster lovers are used to adjusting to high prices, but this winter, they’re shelling out even more for the cherished crustaceans because of a lack of catch off of New England and Canada and heavy exports to China. Winter is typically a slow season for U.S. lobster fishermen and an active one off Atlantic Canada. But catch is ...

  Bloomberg Canada is turning the page on the oil crash. From trade numbers to jobs to the stock market, evidence is beginning to mount the commodity producing nation is emerging from a lingering slump, after struggling through a cocktail of hurt that included collapsing oil prices, slow global growth and an aging population. Data showed the country recorded its ...

  Bloomberg German factory orders fell in November, partially offsetting an investment-driven surge the previous month. Orders, adjusted for seasonal swings and inflation, dropped 2.5 percent from October, when they jumped a revised 5 percent, data from the Economy Ministry in Berlin showed. That compares with a median estimate of a 2.4 percent decline in a Bloomberg survey. Orders gained ...

    Bloomberg AT&T Inc. and Time Warner Inc. said they can avoid having the Federal Communications Commission scrutinize their proposed merger, eliminating a significant hurdle in the path of the $85.4 billion deal that’s attracted criticism from President-elect Donald J. Trump. “While subject to change, it is currently anticipated that Time Warner will not need to transfer any of ...

  Bloomberg The US Energy Department says the electricity system “faces imminent danger” from cyber-attacks, which are growing more frequent and sophisticated, but grid operators say they are already on top of the problem. In the department’s landmark Quadrennial Energy Review, it warned that a widespread power outage caused by a cyber-attack could undermine “critical defense infrastructure” as well as ...

    Abu Dhabi / Emirates Business The cruise sector in Abu Dhabi is celebrating a year of achievement with record numbers of ship calls and passengers arriving in the emirate during the previous season and the successful launch of the Arabian Gulf’s only dedicated cruise beach stopover. During the season, which runs from October until June, Abu Dhabi received ...

  Abu Dhabi / Emirates Business The Emirates Nuclear Energy Corporation (ENEC) has announced a new phase in the construction of Units 3 and 4 at the Barakah Nuclear Energy Plant, with completion of these units now more than 50 percent complete. The recent progress significantly advances ENEC’s goal of delivering safe, clean, efficient and reliable nuclear energy to the ...

  Bloomberg India forecasts its growth will slow to a three-year low even before the effects of Prime Minister Narendra Modi’s cash clampdown start to show. Gross domestic product will grow 7.1 percent in the year through March, the Statistics Ministry said in a statement. However, the numbers don’t consider data from November onward, when Modi shocked the nation by ...

  BEIRUT / AP At least 43 people were killed when a car bomb ripped through the center of a busy commercial district of a rebel-held Syrian town along the Turkish border, damaging buildings and leaving rescue workers searching for survivors amid the wreckage, activists and rescue workers said. The explosion went off early Saturday afternoon outside a local court ...