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Bloomberg Indonesia is foregoing billions of dollars on offer from American companies eager to invest in Southeast Asia’s biggest economy, US Ambassador to Indonesia Joseph Donovan said. As the US tries to arrest a deteriorating trade balance with Indonesia, which in 2017 found itself in President Donald Trump’s cross-hairs, Donovan has also rejected complaints of increasing American protectionism. Indonesia had ...

Bloomberg The UK has warned that its promise to pay the Brexit bill depends on getting good trade terms from the European Union, as Theresa May’s team draws up plans to hold back money if the bloc backslides on a deal. Senior British officials have privately discussed the idea of halting payments to Brussels as a fall-back option that could ...

Bloomberg The UK has sold Royal Navy flagship HMS Ocean to Brazil for about 84 million pounds ($117 million) as new aircraft carrier HMS Queen Elizabeth prepares to take over as leader of the fleet. HMS Ocean will be modified by BAE Systems Plc and Babcock International Group Plc, with the work funded by Brazil, before the 21,500 metric-ton ship ...

Bloomberg A Trump administration plan to replace food-stamp spending with boxes of “100 percent American grown food’’ landed on Congress’s doorstep with a thud. But the public attention heaped on the Agriculture Department’s plan to deliver “Harvest Boxes” to poor families also obscured the administration’s other efforts to cut the number of people eligible for the nation’s biggest food-aid programme. ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have congratulated Sheikh Zayed bin Hamdan bin Zayed Al Nahyan on his safe return 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, on Monday received a delegation from the US Senate headed by Richard Burr, US Senator of North Carolina and Chairman of the US Senate Select Committee on Intelligence, who are currently visiting the country. ...

ABU DHABI / WAM The third editions of Unmanned Systems Exhibition and Conference (UMEX), and Simulation Exhibition and Conference (SimTEX), will run from February 25-27, at the Abu Dhabi National Exhibition Centre (ADNEC), under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Organised ...

Abu Dhabi / WAM The UAE has achieved top rankings across nine economic indices covering economic affairs in a series of recently released global competitiveness reports and indices for 2017 and 2018. The Ministry of Economy revealed that these achievements are part of its continuing efforts to achieve the set goals of the government’s ‘Number One Challenge’ project, which aims ...

Abu Dhabi / WAM Abu Dhabi Media’s ‘Al-Ittihad’ newspaper has entered into a commercial partnership with The Wall Street Journal, (WSJ), to leverage its unparalleled reporting and analysis to expand its readership and strengthen its digital news offering. The agreement signing took place on Monday and was attended by Dr. Ali bin Tamim, Director-General of Abu Dhabi Media; Dr. Obaid ...

Bloomberg India’s dependence on imported components for electric vehicles could make the country vulnerable to cyber-security breaches, according to the government’s chief policy think-tank. India should manufacture the majority of the parts needed for its electric vehicle fleet as equipment shipped from overseas could be compromised, VK Saraswat, a member of the think tank, Niti Aayog, said. All of the ...