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Bridging The Gap
US lifts steel and aluminium tariffs on Canada US lifts steel and aluminium tariffs on Canada
The US has reached a deal with Canada to lift tariffs on steel and aluminium imports in a move that could lead to approval for a new North American trade deal. In a joint statement, the US and Canada announced that a 25% tariff on steel imports, and of 10% on aluminium, will end in 48 hours. It is widely expected the US and Mexico will make a similar announcement soon. The US implemented ...
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China vows 'necessary countermeasures' on Trump tariffs China vows 'necessary countermeasures' on Trump tariffs
Beijing has said it will respond in kind if President Trump imposes higher tariffs on Chinese goods on Friday. The Chinese Commerce Ministry said that if the US tariff measures are implemented, it would take "necessary countermeasures". The warning comes as US and Chinese officials prepare to meet over the next two days. On Wednesday President Trump tweeted that Vice Premier Liu He "is no...
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Can Georgian wine win over global drinkers? Can Georgian wine win over global drinkers?
The former Soviet state of Georgia is considered to be the birthplace of winemaking. But as it aims to boost exports around the world, will its unique wines be too challenging for most drinkers? I am following two men into a dark cellar that feels more like a tomb than part of a winery. Buried underground are a number of qvevri - large lemon-shaped clay pots full of grape juice slowly fermen...
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Pound rises amid Brexit delay speculation Pound rises amid Brexit delay speculation
The pound has hit a 21-month high against the euro following increasing speculation of a delay to Brexit. At one point, sterling was up by nearly one euro cent at €1.1643, its highest since May 2017. Prime Minister Theresa May said in the Commons that if no deal is agreed and if a no-deal exit is rejected, then there could be a short extension to the date for Britain to leave the EU. The ...
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Finland basic income trial left people 'happier but jobless' Finland basic income trial left people 'happier but jobless'
Giving jobless people in Finland a basic income for two years did not lead them to find work, researchers said. From January 2017 until December 2018, 2,000 unemployed Finns got a monthly flat payment of €560 (£490; $685). The aim was to see if a guaranteed safety net would help people find jobs, and support them if they had to take insecure gig economy work. While employment levels did n...
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Dubai Municipality holds 3rd People of Determination Happiness Forum with the theme, “Easy Access” Dubai Municipality holds 3rd People of Determination Happiness Forum with the theme, “Easy Access”
Dubai Municipality concluded the 3rd People of Determination Happiness Forum organized at Children’s City Theater with the theme, “Easy Access.” Ahmed Al Badwawi, Director of Knowledge Management Department said that the forum supports "My community is a place for all" initiative, aimed at transforming Dubai into a city friendly for the People of Determination as well as the UAE Government dir...
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Sony to move Europe headquarters to avoid Brexit disruption Sony to move Europe headquarters to avoid Brexit disruption
Sony will move its European headquarters from the UK to the Netherlands to avoid disruptions caused by Brexit. The company said the move would help it avoid customs issues tied to Britain's exit from the EU, according to AFP. Despite the move, Sony won't shift personnel and operations from the existing UK operations. It is the latest Japanese company to flag a move to the continent in res...
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US real estate delegation begins its tour in Dubai, reviews most prominent real estate projects US real estate delegation begins its tour in Dubai, reviews most prominent real estate projects
Dubai, United Arab Emirates, 14 January 2019: Dubai Land Department (DLD) welcomed a US real estate delegation yesterday comprising several governmental and private institutions in response to an invitation sent to brokers, developers, licensed real estate agents, and a large number of investors to visit Dubai. The visiting delegation included more than 150 real estate agents and 11 investors who ...
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Apple shares close nearly 10% lower after sales warning Apple shares close nearly 10% lower after sales warning
Apple's shares ended Thursday down nearly 10% after chief executive Tim Cook blamed a slowdown in China sales for falling revenues. On Wednesday, the iPhone maker said it expected revenue of about $84bn (£67bn) for the last three months of 2018, down from a forecast of at least $89bn. Earlier, in Europe, shares in fashion firm Burberry were nearly 6% lower. LVMH and Hermes shares also fell. ...
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Inaugural Better Together Awards recognise efforts to achieve world-class worker welfare standards at Expo 2020 Dubai Inaugural Better Together Awards recognise efforts to achieve world-class worker welfare standards at Expo 2020 Dubai
In line with its commitment to the health, safety, dignity and welfare of all workers, Expo 2020 Dubai recognised its delivery partners’ ongoing efforts to advance worker welfare at the first ever Better Together Awards, which were hosted in Dubai, UAE. Designed to acknowledge world-class health, safety, quality and environment (HSQE) performance, the event saw 200 construction professionals ga...
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