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Uber, Mumbai Police Introduce 'Uber Breathalyser' to Regulate 'Don't Drink-and-Drive' Policy, Drinkers Book A Ride

Uber Breathalysers or also known as 'Alco Booth' are being installed in Mumbai pubs and clubs. This is a move from the Mumbai police and Uber to lessen the crime and accident rate due to drunk driving. If the drinker reached the allowable limit, Uber will book him a ride home.

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Images From The Philippine Stock Exchange And Manila's Financial District As Nation's Securities Regulator Cracks Down On Market Manipulation

PSE To Formulate Market Friendly Laws Facilitating DDS Transactions

PSE has been seeking comments and suggestions on its proposed law for transactions of DDS. The procured comments and suggestions will be evaluated while drafting the rule, aiming to reflect market demands. Comments and suggestions may be sent up to March 22.

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Day 2: 9th World Islamic Economic Forum, Panel Discussions

World's need of hour is Islamic Finance amid global uncertainty

Islamic Finance is catching up among non-Islamic markets also. Economists and finance experts say that Islamic Finance is the need of the hour for the global economy in the wake of sluggish markets and looming uncertainty. Islamic finance assets globally are expected to be $1.8 trillion by 2020.

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Telecommunication Circuit Board Processing In Israel

Chinese Venture Capital Firm Pando Group is Investing $2 Million in Israeli Fintech Hub The Floor

Israeli fintech hub initiative is receiving $2 million investments from Chinese venture capital firm Pando Group. The partnership is expected to build the bridge between Israel companies and the Asian markets.

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EGYPT-CHINA-DIPLOMACY

Egyptian-China industrial zone may get $5-bln investments

Egyptian-Chinese industrial zone in Ain Sokhna may attract $5 billion investments. About 100 companies are expected to set up their operations in the zone paving the way for creation of employment opportunities for about 30,000 people.

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Indian Finance Minister Arun Jaitley And Reserve Bank Of India Governot Raghuram Rajan Press Conference

FDI surge in services sector propels India's GDP

India's services sector recorded 85.5 percent surge in inflows of foreign direct investments (FDI) during April - December 2015 period. This is 17 percent of the total FDI that India received during the period. The services sector contributed over 60 percent to the country's GDP.

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A Chinese supertanker arriving from Saudi Arabia discharges

Saudi Arabia regains top oil exporter status to China

Surpassing Russia, the Kingdom of Saudi Arabia (KSA) has regained its lost status as top oil exporter to China in January 2016. However, China's oil imports eased during the month, while Russia suffered major drop in its exports. As a result, Saudi's market share rose to 15.9 percent highest since June 2015.

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INDIA-ECONOMY-TECHNOLOGY-BUSINESS-INVESTMENT

Silicon Valley on India: Striking The Iron While It's Hot

There is a saying "Strike while the iron is hot". That is what Silicon Valley is doing - investing big in India where the economy grows faster.

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 UAE-DUBAI-TOURISM

Dubai Parks & Resorts: $2.8 Billion Amusement Project, Where East Meets The West

A model of Dubai Parks & Resorts has been unveiled on Tuesday. The $2.8 billion project is expected to get inaugurated in October. Besides other amenities, 400 performers, who have been described as the bests of the bests, will offer amusement to the visitors.

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Key Speakers At Hong Kong Asian Financial Forum 2016

AMC's $1.1-bln buyout deal widens Chinese control of US theaters

Chinese billionaire Wang Jianlin-controlled AMC Entertainment Holdings Inc has agreed to buy Carmike Cinemas Inc for $1.1 billion deal. After the acquisition, AMC Entertainment will become as the largest move-theater operator in the US.

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Mobile Phone Users And Stores Ahead Of Indian Telco Earnings

Bharti Airtel and Idea Cellular is Predicted to Face Challenge in 2016

Two of India's largest telecom operators Bharti Airtel and Idea Cellular have an increase revenue market share in 2015. However, Morgan Stanley predicted the companies will face substantial challenge in 2016.

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Davos 2016 WEF

Hewlett Packard Enterprises beats forecast in Q1 earnings

Hewlett Packard Enterprises (HPE) has beaten analysts' forecasts for the first quarter earnings. HPE has posted earnings per share (EPS) of 41 cents a share for first quarter as against the 40 cents per share of average forecast made by analysts. Hewlett Packard Enterprises is expected close Tsinghua deal by end of May as soon as it gets Chinese regulatory approval.

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Indian Economy, Finance And Business

Sebi upgrading surveillance for CommExes

India's securities market regulator Sebi is upgrading and strengthening its surveillance system on commodity exchanges (CommExes). Recently, Sebi has barred 16 commodity trading members from trading for manipulating castor seed futures. National Commodity & Derivatives Exchange (NCDEX) is also enhancing and strengthening surveillance system for commodity exchanges in the country.

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FRANCE-GAS-CONFERENCE-LOGO

GazProm Takes $2.17 Billion Loan From China

Russian energy company GazProm signed a loan agreement with Bank of China on Thursday. GazProm borrowed €2 billion ($2.17 billion) on a 5-year term

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Union Budget 2016: Arun Jaitely Presents His Third Budget In Parliament

FIIs extending support to Indian stocks

Indian stock markets recorded gains from continuous buying support from foreign institutional investors (FIIs). Encouraging global cues also led the stocks gain on Indian bourses. The latest institutional support made the best three-session rally since September 2013.

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