Abu Dhabi Airports, Healthpoint ink deal

Abu Dhabi / Emirates Business Abu Dhabi Airports signed a Memorandum of Understanding (MoU) with Healthpoint, part of Mubadala’s network of healthcare providers, as its preferred healthcare partner. Healthpoint will provide premium medical services to Abu Dhabi Airports’ staff and their families, and facilitate cooperation between both parties on other areas of potential collaboration. The MoU was signed by Abdul ...

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Etihad Airways organises ‘aviation health conference’

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, hosted the fifth edition of its acclaimed annual Aviation Health Conference, accredited for the first time by the International Academy of Aviation and Space Medicine. Taking place in the UAE’s capital, it was the largest conference of its kind in the region. Once again the conference attracted ...

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Seven Tides to highlight its projects in Moscow, London

Dubai / Emirates Business Dubai Land Department (DLD) has invited Seven Tides as a selected developer to represent the emirate at investor roadshows in Russia and the UK. Dubai-based luxury property developer Seven Tides will be presenting the popular Anantara The Palm Dubai Residences and the recently launched SE7EN Residences, as well as the Anantara Sky Collection – penthouse conversions, ...

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Norway oil bosses insist end not nigh after $35bn shock

Bloomberg Can Norway dump $35 billion in oil and gas investments, and simultaneously convince that same industry to throw money into the country’s own fossil-fuel future? After the initial shock of learning that Norway’s $1 trillion wealth fund wants nothing to do with it, the petroleum industry says both are in fact possible. But the mood is shifting. While the ...

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BHP aims to complete US shale exit in 2 years

Bloomberg BHP Billiton Ltd. is aiming to complete its exit from the US onshore oil and gas sector within two years after settling on asset sales ahead of alternatives such as an initial public offering. “We’re determined to divest these businesses,” Chief Executive Officer Andrew Mackenzie said at an annual meeting in Melbourne. “We have concluded with our shareholders that ...

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Mexico steps up fuel opening to boost private investment

Bloomberg Mexico is speeding up a countrywide liberalization of fuel prices by a month in a bid to kick-start lagging private investment. Mexico’s energy regulatory commission, CRE, approved bringing forward an end to government-set pump prices in the southeastern zone comprised of Campeche, Quintana Roo and the Yucatan, known as region five, to November 30 from December 30. Mexico will ...

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A shale gas bear market doesn’t scare this Asian investor

Bloomberg A relentless flow of natural gas from America’s shale basins is drawing bears to the market — and that’s music to the ears of at least one Asia-backed investor. Kalnin Ventures LLC — an investment company with funding from Thailand’s largest coal miner, Banpu Public Company Ltd. — has spent about $417 million over the past two years snapping ...

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Toyota to re-enter electric vehicles in China, India

Bloomberg Toyota Motor Corp. will introduce electric vehicles in China and India from 2020 as it accelerates a push into battery-powered autos amid rapidly tightening environmental regulations. Japan’s biggest automaker will design its own EV for the Chinese market, and is also considering selling EVs developed by its local partners under its marque, the company’s head of China operations, Hiroji ...

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Toshiba seeks $5.4bn to avoid delisting

Bloomberg Toshiba Corp. plans to sell shares to raise $5.4 billion and will explore a divestment of its Westinghouse-related assets in a bid to avoid being removed from the Tokyo Stock Exchange. Selling its holding in and its claims against nuclear-power business Westinghouse will let Toshiba “significantly reduce” resources required to rehabilitate that unit, funds that can be focused on ...

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Honda recalls 800,000 Odyssey minivans in US

Bloomberg Honda Motor Co. is recalling about 800,000 of its Odyssey minivans in the US after receiving 46 reports of injuries over faulty passenger seats. The company will repair the seats free of charge for owners of 2011-2017 models, it said. “If a second row seat is not properly latched after adjusting it side-to-side or reinstalling a removed seat, the ...

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