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Microsoft submits new Activision deal to UK regulator
Microsoft submits new Activision deal to UK regulator
Business and Economy
by  AFP

Microsoft has submitted a new proposal to Britain's competition regulator for the acquisition of video gaming giant Activision Blizzard, the watchdog said Tuesday, after a previous version of the deal was blocked. Britain's Competition and Markets Authority (CMA) said it has "opened a new phase 1 investigation into a new, restructured deal by Microsoft to buy Activision".

UK top bosses earn 118 times pay of workers: study
UK top bosses earn 118 times pay of workers: study
Business and Economy
by  AFP

Bosses running Britain's biggest listed companies enjoyed payrises of 16 percent last year as workers' wages struggled with the worst cost of living crisis in a generation, research published Tuesday found. "While millions of families have seen their budgets shredded by the cost-of-living crisis, city directors have enjoyed bumper pay rises," said Trade Union Congress general secretary Paul Nowak.

Dubai airport traffic jumps 50%, tops pre-pandemic levels
Dubai airport traffic jumps 50%, tops pre-pandemic levels
Business and Economy
by  AFP

Passenger traffic at Dubai international airport leapt 50 percent in the first half of the year, surpassing pre-pandemic levels, its operator said on Tuesday. "As we recover with our (first-half) traffic surpassing pre-pandemic levels, we continue to remain committed to ensuring every guest who travels through our airport leaves with a smile," said Paul Griffiths, CEO of Dubai Airports.