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Bloomberg Voodoo SAS’s backers are exploring the sale of a stake in the French mobile game developer, people with knowledge of the matter said. Shareholders of Voodoo are working with an adviser as they consider selling part or all of their holdings in the company, according to the people, who asked not to be identified because the information is private. ...

Bloomberg Facebook Inc. acquired Giphy, a library of video clips and animated images known as GIFs that can be attached to messages to express emotion, adding features that could encourage users to communicate through its apps. Giphy will join the Instagram group within Facebook, according to a blog post, and the social-media giant has extended offers to more than 100 ...

Bloomberg Fiat Chrysler Automobiles NV is in talks to obtain a state-backed credit line of about 6.3 billion euros ($6.8 billion) to buttress the carmaker’s finances against the steep downturn caused by the coronavirus, according to people familiar with the matter. Fiat’s local unit is discussing the facility with lead lender Intesa Sanpaolo SpA, the people said, asking not to ...

Bloomberg Ubisoft Entertainment SA sued Apple Inc. and Google LLC, accusing the companies of selling a ripoff of its popular video game “Tom Clancy’s Rainbow Six: Siege.” “Area F2,” created by Alibaba Group Holdings Ltd.’s Ejoy.com, is a “near carbon copy” of Rainbow Six: Siege, and that can’t be “seriously be disputed,” Ubisoft said in a complaint filed Friday in ...

Abu Dhabi / WAM Abu Dhabi external foodstuff trade amounted to over AED 4.663 billion during the first quarter of the current year 2020, while the overall weight of the Emirate’s foodstuff trade in the same period reached more than 1.18 million tonnes through 41,430 transactions. Abu Dhabi’s foreign trade distributed from foodstuff to imports at a value of over ...

Bloomberg The outlook for global oil markets has “improved somewhat,” with demand a little stronger than expected and supply reined in by a brutal price crash, the International Energy Agency (IEA) said. World oil production is on track for a “historic decline” this month to the lowest level in nine years, the IEA said in a monthly report. Opec and ...

ABU DHABI / WAM Commercial and Islamic banks operating in Abu Dhabi recorded a total net income of around AED9.6 billion in the first quarter of 2020, according to data issued on Thursday by the Statistics Centre-Abu Dhabi. The net income of traditional banks in Abu Dhabi from interests and investments totalled AED8.5 billion, accounting for 88.5 percent of the ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) distributed 10,000 “Weqaya kits” containing personal protective equipment (PPE) to local communities as part of its support for the UAE Volunteers initiative. The kits, which include masks, gloves and hand sanitisers, were distributed to the elderly, people of determination, and others across 12 locations including 8 community development centres ...

ABU DHABI / WAM Mohammed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development (Added), held a remote meeting through video conferencing with Kamal R Vaswani, Ambassador of the Republic of Singapore to the UAE, to discuss ways to improve bilateral economic relations between the two parties. During the meeting, both parties explored trade and investment cooperation ...

ABU DHABI / Emirates Business Adnoc Distribution, the UAE’s largest fuel and convenience retailer, has launched a home delivery service to bring everyday essentials direct to customers from select Adnoc Oasis convenience stores in Abu Dhabi. Delivered within 30 minutes through the Talabat app and website, customers can now order more than 1,100 products offered across daily groceries, snacks as ...