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  Abu Dhabi / WAM The Global Energy Forum, which is being held for the first time in the region, launched in Abu Dhabi on Thursday in the presence of Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, and Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and CEO of the ADNOC Group. Held under the patronage ...

  Abu Dhabi / WAM The 2017 edition of Abu Dhabi Sustainability Week (ADSW) slated to begin next Monday is expected to attract 38,000 attendees from 175 countries. Hosted by Masdar, this year’s theme is, ‘Practical Steps Towards a Sustainable Future’. The week’s anchor event, the World Future Energy Summit, WFES, will be celebrating its 10-year anniversary with a strong focus ...

  Abu Dhabi / Emirates Business A high-level delegation from the UAE is participating in the 8th eighth Vibrant Gujarat Global Summit which kicked off on January 10 – under the theme of ‘Sustainable Economic & Social Development’ and will conclude today in Gandhinagar, the capital of Gujarat state in Western India. The group is headed by HE Dr Rashid ...

  WASHINGTON / AP Pointing towards possible confrontation, Donald Trump’s selection for secretary of state likened Beijing’s island-building in the South China Sea to a takeover of another country’s territory and spoke of forcing Beijing to fully apply sanctions on North Korea. China will likely be alarmed by former Exxon Mobil CEO Rex Tillerson’s Senate confirmation hearing remarks on Wednesday. ...

  Bloomberg India’s economy is set for a choppy recovery from the world’s most sweeping currency policy change in decades. Inflation continued to slow in December as the cash ban squelched demand while a volatile factory output gauge rose in November, according to Bloomberg surveys before data due at 5:30 pm in New Delhi on Thursday. Companies are bracing for ...

  AP China’s auto market had a bumper year in 2016 as sales grew by 15 percent, with drivers rushing to buy cars before a tax break expired at the end of the year. The data released on Thursday showed that automakers sold 24.4 million cars, minivans and sport-utility vehicles in China. Booming sales, driven by strong demand for SUVs, ...

  Bloomberg The world’s biggest mining companies producing iron ore from Australia aren’t paying their fair share in taxes, according to a lawmaker who wants a 20-fold raise in a state levy that’s been unchanged since the 1960s and the era of imperial pounds, shillings and pence. The proposal has “overwhelming” support and Rio Tinto Group and BHP Billiton Ltd.’s ...

  Bloomberg Blackstone Group LP is considering an offer for Global Logistic Properties Ltd. (GLP), potentially pitting it against Warburg Pincus and a separate Chinese group in the bidding for the $8.6 billion warehouse operator, people with knowledge of the matter said. Warburg Pincus is forming a consortium to bid for the Singapore-based company and has been speaking with banks ...

  Bloomberg Volkswagen AG’s nearly decade-old plot to cheat US emissions tests — all while marketing its diesel cars as environmentally friendly — was quickly unraveling by 2015. A campaign to mislead regulators was failing so badly that top executives signed off on a script for employees to use when questioned. It didn’t work. The next day, August 19, 2015, ...

  Bloomberg UK tech companies raised more capital than any other European country in 2016, while SoftBank Group Corp.’s acquisition of ARM helped Britain achieve a record year for tech deals, according to a survey conducted by the UK capital’s promotional company, London & Partners. The report, which was based on data compiled by research firm PitchBook Data, showed that ...