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  Yangon / AFP At least eight people have been killed and thousands displaced by clashes in southeast Myanmar, rebels and border forces said on Monday, violence that threatens to undercut the new government’s push for peace. Fighting broke out this month between government troops and an ethnic rebel splinter group known as the DKBA in Karen state, near the border ...

  AFP India’s prime minister, Narendra Modi on Monday summoned top security advisers to thrash out a response to a deadly raid on a Kashmir army base blamed on militants from Pakistan, amid calls for tough action against the nuclear-armed nation. Modi has vowed to punish those behind the attack in which gunmen hurling grenades stormed a base, killing 17 ...

  AFP The spread of superbugs that are resistant to all known drug treatments could spark a global financial crisis on the level of the 2008 meltdown or worse, a World Bank-led study warned on Monday. Antimicrobial resistance is on the rise, and in the future, many infectious diseases will once again be untreatable, forcing more people into poverty and ...

  Bloomberg Rolls-Royce Holdings Plc is eliminating more than 200 positions from its management team as Chief Executive Officer Warren East extends a wide-reaching restructuring of the embattled engine maker. The additional cuts brings the total trimming of management positions under East’s reign to more than 600, a Rolls-Royce spokesman said in a statement in response to a Financial Times ...

  Bloomberg OVS SpA, Italy’s largest children’s clothing retailer, agreed to buy Charles Voegele Holding AG with two other investors for about 56 million francs ($57 million), ensuring the survival of the ailing Swiss chain after years of speculation about its future. The offer price of 6.38 francs per share is 2.1 percent higher than Charles Voegele’s closing price on ...

  Bloomberg Ikea, the world’s biggest furniture retailer, has selected asset manager Pradera as the lead bidder to buy 27 European retail parks surrounding its stores, according to a person with knowledge of the matter. Pradera has offered about 1 billion euros ($1.1 billion) to buy the assets which are being sold through broker Cushman & Wakefield Inc., the person ...

  AP As thousands of commercial drones take to the skies under new Federal Aviation Administration rules, some small operators are pursuing a coveted exemption that would allow them to fly their drones where they can’t be seen by the pilot. The companies who want them say the so-called line-of-sight exemptions are essential to someday use drones for such tasks ...

    Abu Dhabi / Emirates Business Organisations in the oil and gas industry must adapt to an increasingly interconnected energy landscape by taking a streamlined and coordinated approach to security, urge UAE and international experts. The promise of emerging technology brings with it a growing concern of data and infrastructure protection within the industry, which has proven to be ...

  Sharjah / Emirates Business Over 3,100 participants from 137 countries, including the Sharjah Libraries delegation from Sharjah Book Authority (SBA), attended the 82nd IFLA World Library and Information Congress (IFLA WLIC) — the annual flagship conference of the International Federation of Library Associations (IFLA) — held in Columbus, Ohio, USA. Over the course of its visit, the Sharjah Libraries ...

  Sharjah / Emirates Business The judging panel for the 8th edition of the Etisalat Award for Arabic Children’s Literature, which will be announced on November 2, has been approved and appointed by the award’s management. Organised by the UAE Board on Books for Young People (UAEBBY), and sponsored by the Emirates Telecommunication Corporation (Etisalat Group), the jury comprises five ...