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  Bloomberg Tencent Holdings Ltd entered the club of the world’s 10 most-valuable companies for the first time in six months, reflecting broader investor optimism for Chinese equities as the nation dismantled its stringent Covid Zero policy and refocused on growth. The online gaming firm’s shares have risen more than 80% since a low in October 2022, overtaking oil and ...

  Bloomberg Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd, will be focusing his attention on the Indian conglomerate’s pivot to green energy, according to people familiar with the matter, after putting his children in charge of other businesses. The 65-year-old will oversee strategy, including the building of gigafactories and blue hydrogen facilities, will assess acquisition targets, and is ...

Bloomberg Germany is nearing a decision to send infantry fighting vehicles to help Ukraine fight off Russia’s military invasion as pressure mounts on Chancellor Olaf Scholz to match commitments from France and the US. The government in Berlin is in talks with allies to coordinate an announcement, which could come within days, according to people familiar with the matter. One ...

  Bloomberg Malawi’s worst cholera outbreak in two decades has left 643 people dead after the disease spread to all districts of the southeastern African country. The landlocked nation, prone to tropical storms and cyclones, has been battling a resurgence of the water-borne diarrheal disease since March. The rainy season, which began in November, worsened the situation. Floods have led ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday launched the Dubai Economic Agenda ‘D33’ with the ambitious goals of doubling the size of Dubai’s economy over the next decade, and consolidating its position among the top three global cities. HH Sheikh Mohammed ...

Dubai / WAM The 28th edition of the Dubai International Pharmaceutical Technologies Conference and Exhibition – Duphat 2023, is set to take place next week for three days starting on January 10 at the Dubai World Trade Centre (DWTC). The largest pharmaceutical gathering in the Middle East and Africa will witness its largest event size to date as it expects ...

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, made a phone call to Mevlüt ÇavuÅŸoÄŸlu, Minister of Foreign Affairs of the Republic of Türkiye, during which they discussed the recent developments in Afghanistan and the storming of Al-Aqsa Mosque. HH Sheikh Abdullah and ÇavuÅŸoÄŸlu discussed mutual concerns over ...

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has launched an express bus route to shuttle commuters between Dubai and Hatta to support the public transport services to Hatta. At the same time, it launched another domestic bus route to operate within Hatta, which is experiencing extensive improvements in infrastructure and tourist facilities and services. The area boasts ...

  Bloomberg China is pausing massive investments aimed at building a chip industry to compete with the US, as a nationwide Covid resurgence strains the world’s No. 2 economy and Beijing’s finances. Top officials are discussing ways to move away from costly subsidies that have so far borne little fruit and encouraged both graft and American sanctions, people familiar with ...

Bloomberg Activity in India’s dominant services sector grew at its fastest pace in six months in December, buoyed by fresh business orders and signaling optimism about Asia’s third-largest economy. The S&P Global India Services Purchasing Managers Index rose to 58.5 last month from 56.4 in November 2022, data showed. Helped by a strong performance in the manufacturing sector, the composite ...