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  Bloomberg America’s service industries expanded in January at about the same pace as in the previous month, indicating resilience in the biggest part of the economy. The Institute for Supply Management’s non-manufacturing index was 56.5 last month after December’s 56.6 that matched the highest level since October 2015, the Tempe, Arizona-based group’s data showed Friday. Readings above 50 signal ...

  Bloomberg BMW AG is recalling about 230,000 vehicles in the US after discovering that some may have been fitted with defective Takata Corp. air-bag inflators during repairs, such as after a crash in which the devices deployed. The affected vehicles used air bags manufactured by Petri AG, a German partsmaker bought by Takata in 2000. If those vehicles needed ...

  Bloomberg As Donald Trump’s administration prepares to renegotiate Nafta, the head of Mexico’s largest movie theater chain is warning that an end to free trade could convince him to buy his popcorn from Argentina instead of the US. Cinepolis de Mexico SA, the world’s fourth-largest cinema chain, buys about $10 million a year of American kernels from farmers in ...

  Bloomberg The largest US cattle trade group said it’s “very concerned” about President Donald Trump’s pledge to renegotiate the North American Free Trade Agreement, which calls into question whether the industry will continue to enjoy its current level of market access in Mexico and Canada. A shakeup of Nafta now would come as US beef output is forecast to ...

  Bloomberg Every year at its annual I/O conference, Google gives away stuff. Last May, the trinkets included a tiny pamphlet with a code that let attendees follow the company on Snapchat. At one point earlier that year, a much bigger alliance was in the works. The companies discussed a feature that would have let a Snapchat user point the ...

  Bloomberg The timeline of the Apple universe can be measured as BC and AC: That is, before its popular MacBook and MacBook Pro laptops had only USB-C ports, and after, when it became your only choice. The decision to ditch the traditional USB port was announced October 27, and the Apple congregation quickly split into two camps. Some fantasized ...

  TOKYO / AP Nintendo Co. President Tatsumi Kimishima said the company is committed to delivering more content for smartphones, noting that the success of “Pokemon Go,” a smartphone augmented-reality game, boosted sales of other Pokemon games and of 3DS machines. That helped Kyoto-based Nintendo, which creates Super Mario games, report a better-than-expected October-December profit of 64.7 billion yen ($569 ...

  DUBAI / WAM The Dubai Gold and Commodities Exchange (DGCX) traded an aggregate 1.37 million contracts in January, valued at $33 billion. The exchange recorded its highest daily trading volume for 2017 on January 25 with 117,637 contracts, valued at $2.9 billion. The British Pound and Yen futures witnessed a substantial year-on-year growth in volumes, up 87 percent and ...

  DUBAI / WAM The UAE is the first country to issue a law that criminalises the hate speech and prevent threats to peace and stability as experienced by other Arab and Islamic countries, according to Dr Hanif Hassan Al Qassim, Chairman of the Geneva Centre for Human Rights Advancement and Global Dialogue. He made the statement during a seminar ...

  GENEVA / WAM The global rise of cities has been unprecedented. Every week, nearly 1.5 million people become urban dwellers. By 2050, the urban population will account for more than two-thirds of the world’s population. “Cities are evolving faster than ever and encountering unprecedented demographic, environmental, economic and social challenges. Sustainable urban development is the current global priority; however, ...