Blog List Layout

Bloomberg The venture capitalists of China are starting to get nervous. Venture investments have driven a boom in technology startups over the past five years, but funding has started to slow in recent months. Now the government is floating new tax policies that could hammer investors, persuading some to pull back on cutting deals until they get more clarity. The ...

Bloomberg President Donald Trump’s trade war with China is turning the global soybean market into a merry-go-round. With Brazilian exports drying up at this time of the year, traders are having to get creative to supply the world’s largest buyer. One strategy is to bring US soy to Argentina and ship the South American nation’s output to China, thereby avoiding ...

Bloomberg The White House has drafted an executive order for President Donald Trump’s signature that would instruct federal antitrust and law enforcement agencies to open investigations into the business practices of Alphabet Inc.’s Google, Facebook Inc. and other social media companies. The order is in its preliminary stages and hasn’t yet been run past other government agencies, according to a ...

Bloomberg Uber Technologies Inc. is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans. A bid for London-based Deliveroo, last valued at more than $2 billion, would mark a major attempt by Uber to dominate the food-delivery business in Europe. An acquisition price is unknown. Any offer would need to ...

Bloomberg Arnold Kamler has experienced the trade dispute between President Donald Trump and China first hand, and is trying to respond as quickly as possible. His company, Kent International Inc., assembles about 400,0 00 bikes annually at its factory in Manning, South Carolina. But this is no shield from the latest round of tariffs, since — in an effort to ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said the historic Jeddah Peace Agreement, signed recently by Eritrea and Ethiopia, has crowned a series of positive steps that have ended the conflict between the two neighbouring African countries. Eritrean President Isaias Afwerki ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired on Wednesday at his office in Emirates Towers the annual brainstorming session with his team. The meeting agenda detailed new ideas and future plans. During the meeting, His Highness said the UAE has become a model for ...

Sharjah / WAM The Sharjah Investment and Development Authority (Shurooq), and Injazat Services have announced the establishment of the Sharjah Investors Services Centre, which will operate as the emirate’s first ‘one-stop-shop’ high-end facility providing fully-integrated and streamlined services to investors looking to set up businesses in Sharjah. The new centre, to be headquartered in Al Qasba, Sharjah, will be a ...

Dubai / WAM Visitors from around the world will be wowed by the German Pavilion that will take them on a unique and exciting educational journey through a ‘world of sustainability’ at Expo 2020 Dubai. The design of the pavilion and its theme, ‘Campus Germany’, were revealed on Wednesday at an event in Dubai, attended by Ernst Peter Fischer, Ambassador ...

Bloomberg Kim Jong-un looks like he did just enough on Wednesday to get stalled talks with US President Donald Trump back on track, without coming close to giving up North Korea’s nuclear weapons. During a second day of meetings with Moon Jae-in, the first South Korean leader to visit Pyongyang in 11 years, Kim agreed to dismantle a key missile ...