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Bloomberg Australia, India, Japan and the US are discussing a joint infrastructure plan, Australian Foreign Minister Julie Bishop said, as China’s own building initiative deepens its economic clout across Asia. Senior officials from the four Group of 20 nations have discussed “a range of opportunities and challenges,” Bishop told Sky News in an interview that aired on Monday ahead of ...

Bloomberg Siemens AG will press ahead with an initial public offering of its health-care unit as CEO Joe Kaeser unloads another key business at Europe’s largest engineering company. The IPO of “a meaningful minority share” in Siemens Healthineers, as the company is known, will be completed in the first half of the year on the Frankfurt Stock Exchange, subject to ...

Bloomberg Former US Director of National Intelligence James Clapper contradicted a tweet from a Facebook Inc. executive that said swaying the 2016 election wasn’t the main aim of Russian interference outlined in a new indictment. “Clearly the Russians were trying to affect the election,” Clapper, who served under President Barack Obama, said on CNN’s “State of the Union”. He said ...

Bloomberg The income boom enjoyed by people born between 1966 and 1980 has turned to “bust” for the generation that followed them, according to a report published on Monday. In an analysis of eight high-income countries, the Resolution Foundation think tank found that millennials in their early 30s have household incomes 4 percent lower on average than members of so-called ...

Bloomberg President Donald Trump spent much of his weekend hammering the FBI, Democrats, Robert Mue-ller’s investigation and his own national security adviser over Russia’s efforts to sway the 2016 election that he won. Excepted from the criticism — Russia. Trump’s 14 Twitter messages about the Russia investigation within 24 hours focussed on defending the validity of his victory and insisting ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, attended the 12th Forum of the Ministry of Foreign Affairs and International Cooperation (MoFAIC), in the presence of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. His Highness Sheikh Mohammed underlined ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Sunday visited the 23rd Gulfwood Exhibition at the Dubai World Trade Centre, which will be held for five days. His Highness Sheikh Mohammed toured the exhibition, while accompanied by Khalifa Saeed Soliman, Director-General of the Protocols and Hospitality ...

DUBAI / WAM Master developer Nakheel on Sunday officially signed a contract for the construction of Deira Mall, its new shopping, dining and entertainment destination with a total value of AED4.2 billion – and the biggest mall in the Middle East. Nakheel confirmed that United Engineering Construction (UNEC), will build the mall, the UAE’s largest in terms of leasable space, ...

SHARJAH/ WAM Sharjah International Airport (SIA), received 11.63 million passengers and 77,600 flights last year. These figures were released during a senior management meeting in Al Noor Island in Sharjah. Besides the airport’s achievements in total flights and passenger growth, including freight volume, future plans and programmes were also discussed. Passenger traffic increased by 327,000 passengers, as compared to last ...

Bloomberg The Philippines has invited Jack Ma and his Alibaba Group to partner with President Rodrigo Duterte in helping to improve technology for governance and to assist in building an inclusive financial system that would aid small businesses, Finance Secretary Carlos Dominguez said. Ma, in a meeting with Philippine government officials in Hangzhou on February 1, said the Philippines had ...