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Bloomberg Japan’s Ministry of Economy, Trade and Industry plans to set up working-level briefings for their South Korean counterparts to explain export restrictions on some semiconductor and display materials that went into effect on July 4, according to the Nikkei. The goal of the talks is to show that the measures do not amount to an embargo and to preempt ...

Bloomberg Vodafone Group Plc switched on the UK’s second 5G wireless network, kicking off a commercial battle with dominant rival EE that could shape a decade of sales. The technology’s faster download speeds and more reliable connections give the first movers an opportunity to snatch a bigger share of a saturated market. Back in 2012, EE — now owned by ...

Bloomberg Qualcomm Inc, BMW AG, and Deutsche Telekom AG clinched a victory after European Union member states scrapped new rules mandating WiFi technology as the basis for how future connected cars talk to each other. The ruling is victory for 5G technology as countries around the world prepare for the roll-out of ultra-fast 5G wireless networks, which will power everything ...

Bloomberg German factory orders slumped in May in the latest sign that global trade uncertainty is turning Europe’s temporary slowdown into a more serious downturn. The economy ministry reported huge declines in export orders and investment goods in May, just days after a survey showed factory activity shrank for a sixth month in June. The continued gloom is increasing concern ...

Bloomberg Jaguar Land Rover plans to build a new range of electrified cars in the UK, safeguarding thousands of jobs and providing a boost for a British automotive industry that’s been rocked by job cuts and plant closures. The move involves hundreds of millions of pounds in investments. It guarantees the future of the company’s Castle Bromwich plant in central ...

ABU DHABI / WAM Experts at the path-breaking Abu Dhabi Climate Meeting, the precursor to the UN Climate Action Summit set to take place in September 2019 in New York, outlined a series of key recommendations that they believe are non-negotiable if the global community is to meet targeted climate action objectives. The first of these is driving green economy ...

Dubai / WAM DP World, UAE Region has launched ‘The India-UAE Bridge’, a major initiative that will attract Indian trade and investments to its flagship Jebel Ali Port and Jafza by offering end-to-end solutions to companies and entrepreneurs. A joint collaboration of DP World UAE Region, Jafza and the Indian Business and Professional Council (IBPC), the solutions delivered under the ...

Abu Dhabi / WAM The Registration Authority of the Abu Dhabi Global Market (ADGM) signed a cooperation agreement with the Department of Land and Real Estate Regulation in Ajman (ARRA) to foster new business opportunities and strengthen economic integration between the two emirates. Through the agreement, companies registered in the ADGM will be able to own property in freehold areas ...

SINGAPORE / WAM Abu Dhabi Securities Exchange (ADX) represented by Acting Chief Executive Khalifa Salem Al Mansouri, has participated in the 7th edition of the World Islamic Banking Conference (WIBC) Capital Markets Summit Asia that concluded in Singapore. Under the theme ‘stre-ngthening investment outlook through robust capital markets’ the GCC-Asean investment forum was attended by more than 250 professionals. The ...

Bloomberg An attack on a Libyan detention centre that killed at least 44 people may constitute a war crime, a United Nations envoy said, adding to international pressure to end a battle for the capital that’s threatening to tear the North African Opec member apart. Libya’s UN-backed government accused eastern commander Khalifa Haftar of ordering an overnight airstrike that hit ...