Bloomberg Six years ago, India’s biggest share sale was in commodities. Now, as the IPO market heats up again, the key to investors’ hearts lies in finance. ICICI Prudential Life Insurance’s float has attracted strong demand, drawing orders of 10.5 times the amount of stock available to raise as much as 60.6 billion rupees ($909 million). It’s the nation’s ...
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Los Angeles / AFP Police were searching on Saturday for a gunman who killed five people during a shooting at a mall in the US state of Washington, amid a raging national debate over gun control. Four women and one man were killed, police said in an updated toll. The man had been taken to hospital with life-threatening injuries, ...
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Dubai / Emirates Business Trade exhibitions related to technology, real estate, education, healthcare and upcoming themeparks are all set to boost the temporary staff requirements as per Dulsco, a regional leader in human resources and waste management. UAE is one of the most sought after destination in the Middle East for the MICE sector (Meetings, Incentives, Conferences and Exhibitions). ...
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Gordon Haff Special to Emirates Business There lingers the misperception that DevOps is mostly for companies that sport ping-pong tables and have free sushi for lunch. Trendy Web giants out on the technology bleeding edge. Firms that manufacture construction equipment and have large swaths of legacy computer code? Not so much. It’s really not surprising that this misperception exists. ...
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Dubai / WAM The UAE and the Republic of Slovenia are witnessing an evolving economic landscape and have an extraordinary opportunity to take their bilateral relationship to the next level and help each other make a more positive and profound impact on the global economy, Sultan bin Saeed Al Mansouri, Minister of Economy, said on Thursday. “In recognition of Slovenia’s ...
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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai visited the head office of the Dubai Health Authority to inspect the flow of work and vital projects announced as part of Dubai’s strategic plan for 2016-2021. HH Sheikh Mohammed commended the health authority’s ambitious strategy and stressed that ...
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Dubai / Emirates Business Dubai Electricity and Water Authority (DEWA) organised its first Excellence Camp 2016, which took place at the Raffles hotel in Dubai. The camp aims to increase awareness about standards of excellence, based on the objectives set by the fourth-generation government excellence system. This will improve government work based on innovative standards, while enhancing excellence and ...
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Bloomberg Korea Development Bank, the main lender to Hanjin Shipping Co., offered a conditional credit line of 50 billion won ($45 million) to help ease supply-chain disruptions caused by the collapse of the nation’s biggest container mover. The state-owned bank will extend the loan only if the funds pledged by Korean Air Lines Co., the largest shareholder, Chairman Cho Yang ...
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AFP China has removed an almost 13-year-old ban on some US beef products, its quality inspection regulator said Thursday. A ban on imports of “American bone-in beef and boneless beef for cattle under 30 months” has been lifted effective immediately, the General Administration of Quality Supervision, Inspection and Quarantine said, according to a document posted on its official website. ...
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Charlotte / AFP A second night of race-related clashes in Charlotte, North Carolina has left one protester on life support, with the renewed violence prompting the governor to declare a state of emergency. Several hundred people taunted riot police late on Wednesday amid clashes in the city center, a second night of unrest ignited by the fatal police shooting ...
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