BLOOMBERG Hong Kong’s exports in August posted their longest streak of monthly declines on record, as weak demand and China’s slow recovery continue to pose challenges for the financial hub’s economic growth.  Overseas shipments fell 3.7% from a year earlier to HK$358.3 billion ($45.8 billion), the Census and Statistics Department said. That was better than the median estimate of a ...

NEW DELHI / WAM India’s first green hydrogen fuel cell bus was put on the national capital’s roads and flagged off by the Minister of Petroleum and Natural Gas, Hardeep Singh Puri. Fifteen more such buses will be deployed in Delhi, Haryana and Uttar Pradesh states after operational trials of those vehicles are completed, the Ministry of Petroleum and Natural ...

BLOOMBERG A selloff in bonds paused and the dollar steadied, while shares in Europe retreated for a fourth day. The Stoxx 600 benchmark slipped 0.3% on Tuesday and US equity futures declined, putting the MSCI All Country World Index, one of the broadest measures of global equities, on track to match its longest losing streak in the past decade. Yields ...

BLOOMBERG Emerging-market stocks fell to the lowest level since March as a strengthening dollar and elevated US yields damped investor appetite for riskier assets. Traders are wary of taking on riskier bets in emerging markets amid rising expectations rates will stay higher for longer in the US, or even increase. The flight to safety sent MSCI Inc’s gauge of developing-nation ...

VIENNA/ WAM The United Arab Emirates is participating in the 67th General Conference of the International Atomic Energy Agency (IAEA) in Vienna, Austria, from 25th to 29th September. The week-long conference is being held under the theme “Global Cooperation in the Nuclear Field”. The UAE delegation, led by Ambassador Hamad Al Kaabi, UAE Permanent Representative to the IAEA, includes various ...

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan issued Federal Decree-Law No.26 of 2023, amending some provisions of Federal Decree-Law No.4 of 2004 regarding the establishment and organisation of the Presidential Court. The Decree-Law stipulates that the term ‘Chairman of the Court’ shall be replaced with the word ‘Minister’ and the term ‘Chairman of the Presidential Court’ ...

ABU DHABI/ WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, attended today a mass wedding reception at Erth Hotel. Sheikh Mansour congratulated the newly-weds, wishing them a lifetime of happiness. The reception featured traditional Emirati performances.

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received a phone call from Santiago Peña, President of the Republic of Paraguay. During the call, the two leaders discussed relations between the two countries and opportunities for further cooperation, especially in the fields of investment, renewable energy, food security, technology, climate action and the economy. The two ...

ABU DHABI/ WAM H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended a group wedding reception, which was held at the Erth Hotel in Abu Dhabi. His Highness congratulated the newlyweds, and their families, wishing them a happy married life. Senior officials and family members ...

BLOOMBERG Instacart named former chief financial and operating officer Ravi Gupta to its board of directors, formalising a move after the grocery technology company went public earlier this week. “There are new growth areas — Connected Stores, Instacart Health, AI — entire plethora of ways that the company’s going to innovate,” Gupta said in an interview ahead of the announcement. ...