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Bloomberg India plans to return to the negotiating table after President Donald Trump terminated a trade concession, which allowed the country to export almost 2,000 products to the US duty-free, people with knowledge of the matter said. While an option is to raise tariffs on a slew of US goods as retaliation, India may not choose that considering the benefits ...

Bloomberg President Donald Trump said he would drop plans for tariffs on Mexico that he’d been threatening to impose for the past week after the country promised new steps to stem an influx of illegal migration into the US. “I am pleased to inform you that The United States of America has reached a signed agreement with Mexico,” Trump said ...

Bloomberg Wildfire season has barely started, and PG&E Corp is already warning it could cut service in Napa County and elsewhere in Northern California to prevent power lines from sparking a blaze. PG&E may proactively shut off electricity in several counties this weekend after the National Weather Service said fire risk was high, the San Francisco-based utility said. About 1,600 ...

Bloomberg AT&T Inc.’s DirecTV and Dish Network Corp., suffering the steepest subscriber losses in the pay-TV industry, are open to a merger and both companies believe such a deal could pass muster with US regulators, according to people familiar with their thinking. It’s been 17 years since a proposed combination of the two satellite-TV services was deemed bad for consumers ...

Bloomberg The US and Russian navies sniped at each other after a near collision between warships in the Philippine Sea. The US 7th Fleet in a statement called the Russian ship’s actions “unsafe and unprofessional,” while the Russian Pacific Fleet said the US vessel’s moves were “unacceptable,” according to state news agency TASS. The tiff happened on the same day ...

SHARJAH / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member, Ruler of Sharjah, and President of American University of Sharjah (AUS), announced the allocation of AED550 million ($149.73 million) for scientific research at AUS over the next five years. The announcement came during a speech delivered by His Highness in the presence of HH Sheikh ...

MECCA / WAM The UAE condemned as a ”flagrant violation of international law” acts of terrorism on commercial ships in its regional waters and drone attacks on two pump stations in Saudi Arabia, said HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, while delivering the UAE speech at the 14th Summit of ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa), organised an awareness programme during the Holy Month of Ramadan to promote the importance of using electricity and water sensibly and avoiding waste, as well as highlighting steps that can be taken to reduce consumption. The programme, that the authority Dewa provides on its website and smart app, supports Dewa’s strategy ...

NEW YORK / WAM The Sharjah Book Authority (SBA), met American and international publishers at BookExpo America to highlight the diverse investment opportunities in the publishing sector in Sharjah, and the incentives and facilities available in the UAE. The authority, the only Arab representative at the North American event, reviewed Sharjah’s year-long calendar of cultural events, which provides a window ...

Bloomberg China targeted FedEx Corp in its escalating trade war with the US, giving a hint of the kind of foreign companies it may blacklist as “unreliable.” As details of China’s criteria trickled out, the investigation into FedEx’s “wrongful delivery of packages” was framed by the state news agency as a warning by Beijing after the Trump administration imposed a ...