MBRF, UAE council of scientists host workshop to explore Moon, Stars

  Dubai / Emirates Business In collaboration with the UAE Council of Scientists, the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) held two workshops as part of the Nobel Museum 2017, which is taking place in the Children’s City, Dubai Creek Park until March 5. The Foundation is organising the Museum for the third consecutive year, this year’s edition ...

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Smart Dubai showcases smart initiative in Spain

  Madrid / Emirates Business Dr Aisha Bint Butti Bin Bishr, Director General of the Smart Dubai Office, recently showcased Smart Dubai’s experience of transforming the emirate into a completely smart city to a number of future city leaders during the key session on the ‘Fourth Industrial Revolution’ at Mobile World Congress 2017 in Barcelona, Spain. During the presentation, Dr ...

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Trump trying to find his footing on vexing foreign problems

  WASHINGTON / AP Despite his promises of a no-holds-barred administration, President Donald Trump is tiptoeing around US military engagements in Afghanistan and Iraq, and dialing back the threats of abandoning allies. It seems Trump is opting for an increasingly risk-averse approach to the world. Although he vowed an aggressive new Iran posture and at one point questioned even basic ...

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China’s Didi weighs raising billions in fresh capital

  Bloomberg Didi Chuxing, the ride-hailing service that acquired Uber Technologies Inc.’s China business last year, has held informal talks with investors about raising billions of dollars to buy more time to build a profitable business model, according to people familiar with the matter. Didi’s investors, numbering more than 100, are divided over whether more capital is needed now, said ...

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India exploring new sites for building nuclear projects

  Bloomberg India is exploring new locations, in addition to those already identified, to build nuclear power plants and meet its generation goal, a government official with direct knowledge of the matter said. The nation has had to back out from a couple of sites in the past because of opposition from the local population and is now looking at ...

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Japan hedge fund sees Trump’s policies boosting Topix by 15%

  Bloomberg Toshihiro Hirao, whose Japan hedge fund posted its biggest decline ever last year, sees relief ahead as he expects President Donald Trump’s policies to boost Japanese equities by the most in three years. Hirao, 52, who runs the Asuka Japanese Equity Long Short Strategy in Tokyo, is predicting that Trump’s pro-business agenda will help strengthen the dollar, stoking ...

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Tesla overcomes China stumbles as sales triple, pass $1 billion

  Bloomberg Tesla Inc.’s revenue from China last year tripled to more than $1 billion, indicating better traction in the market Chief Executive Officer Elon Musk has predicted could eventually become the company’s biggest. hina accounted for more than 15 percent of Tesla’s more than $7 billion of total revenue last year, according to a US regulatory filing. Sales from ...

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Britain faces a Brexit war on four fronts

  March is likely to see at least four key Brexit battles, whose outcome will frame the next two years of negotiations as Britain and the remaining 27 EU members wrangle over their future relationship. Here’s the rundown. THE LORDS Prime Minister Theresa May would undoubtedly prefer Brexit to be under way by March 25, when the remaining members of ...

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Japan’s amusement parks are no joke

  What use would a country with more people over the age of 70 than under 20 have with amusement parks? More than you might think. U.S. cable giant Comcast Corp. certainly seems to think so, judging by its decision to spend $2.3 billion buying full control of Universal Studios Japan. Comcast’s NBCUniversal unit previously paid $1.5 billion for 51 ...

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What’s wrong with Bill Gates’ robot tax

  Microsoft Corp. founder Bill Gates made a splash in a recent interview, when he suggested that robots should be taxed in order to help humans keep their jobs. Right now, the human worker who does, say, $50,000 worth of work in a factory, that income is taxed and you get income tax, social security tax, all those things. If ...

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