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Bloomberg President Donald Trump’s equivocation on US intelligence agencies during a news conference with Russian leader Vladimir Putin triggered the most intense backlash from Republicans of anything he’s done since winning election in 2016. Republicans who looked past the release of his recorded his refusal to denounce neo-Nazi protesters, or complained but took no substantive action when he imposed tariffs ...

Bloomberg The Trump administration is hitting back at what it considers unjustified retaliatory tariffs that were imposed in response to US steel and aluminum duties. The US Trade Representative said it launched formal challenges at the World Trade Organization (WTO) against China, the European Union, Canada, Mexico and Turkey for retaliating against steel and aluminum tariffs. The Trump administration earlier ...

Bloomberg Jeff Bezos is the richest person in modern history. The Amazon.com Inc. founder’s net worth cracked $150 billion in New York, according to the Bloomberg Billionaires Index. That’s about $55 billion more than Microsoft Corp. co-founder Bill Gates, the world’s second-richest person. Bezos, 54, also has topped Gates in inflation-adjusted terms. The $100 billion mark that Gates hit briefly ...

Bloomberg Looking out over his parched fields south of Berlin, dairy and grains farmer Thomas Gaebert is wishing for rains to save his crops after relentless hot weather. He is one of many farmers battling for survival after a heatwave and drought swept across northern parts of the continent, damaging crops from wheat to barley. Many German growers could go ...

ABU DHABI / WAM The UAE, led by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, with the aid of Allah Almighty and its highly qualified, educated and determined citizens will pursue its drive towards further development, progress and prosperity, stated His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of ...

ABU DHABI / WAM Huang Jang Zhang, the President of the Chinese Business Council in the UAE has said that the upcoming visit of President Xi Jinping of China to the UAE will help boost the political and economic ties between the two countries and will also create additional commercial links, to achieve the mutual goals of the business communities ...

Dubai / WAM Norway will promote its innovations, technologies and further development of the country’s ocean industries to a global audience of millions, after confirming its participation at Expo 2020 Dubai. The country’s participation was confirmed in a letter from Norway’s Prime Minister, Erna Solberg, delivered by Jens Eikaas, Norway’s Ambassador to the UAE, to Reem bint Ibrahim Al Hashemy, ...

Sharjah / WAM Sharjah Media Corporation (SMC), donated AED3 million to The Big Heart Foundation (TBHF), to build a hospital in the Cox’s Bazar district of Bangladesh for Rohingya refugees. Within the first year, the hospital is expected to receive 7,200 inpatients and provide access to quality healthcare for thousands of the district, which is populated by 140,000 Rohingya refugees ...

Bloomberg Central Group, one of Thailand’s biggest conglomerates, is studying options including a potential initial public offering of retail assets, people with knowledge of the matter said. The group is working on a restructuring of its retail operations ahead of a possible IPO as soon as next year, the people said, asking not to be identified because the information is ...

Bloomberg The ink had barely dried on the first joint statement between China and the European Union in three years before the complaints began. Following a rare decision to allow reporters inside a session with business leaders in Beijing on Monday, Chinese Premier Li Keqiang heard unfiltered comments from senior EU officials about the everyday reality for Europeans of conducting ...