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­­­­­­­­­­­Bloomberg Electric-car production in the EU got a spur on Wednesday as EU regulators acted to close a technological gap with China by seeking stricter emission curbs on manufacturers such as Volkswagen AG and Fiat Chrysler Automobiles NV. The European Commission, the EU’s regulatory arm, proposed a 30 percent reduction in car discharges of carbon dioxide by 2030 compared with ...

Bloomberg Wal-Mart Stores Inc.’s app is close to surpassing Apple Pay in usage for mobile payments in the US, giving the world’s largest retailer even more clout as a growing number of people shop with smartphones. Available in 4,774 stores, Walmart Pay is enrolling tens of thousands of new users a day, up from thousands four or five months ago, ...

Bloomberg Snap Inc. still isn’t meeting much-lowered projections for growth. Now the company is taking drastic measures to shape its future. While ad prices fell as part of a transition in the company’s sales system, the larger problem, Snap said, is that people complain they don’t know how to use the Snapchat mobile-messaging app. Once part of the app’s allure ...

Bloomberg President Donald Trump toured parts of Beijing on Wednesday after arriving for a high-stakes state visit where he’ll look for wins from Xi Jinping on everything from the US’s massive trade deficit to reining in North Korea. The third leg of Trump’s five-nation Asia tour comes after stops in Tokyo and Seoul. Addressing South Korea’s parliament earlier on Wednesday ...

Abu Dhabi / WAM The much-anticipated Louvre Abu Dhabi will open to the public this Saturday, with a spectacular week-long series of celebrations. It is the first museum of its kind in the Arab region and offers a new perspective on the history of art in a globalised world. An iconic architectural masterpiece designed by French architect Jean Nouvel, it ...

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, received on Tuesday, Saad Al Hariri, Lebanon’s outgoing prime minister. The two sides discussed the brotherly relations between the two countries and means of enhancing them. His Highness Sheikh Mohamed and Al Hariri also ...

Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, said that the UAE and the Maldives were having good economic and commercial ties. He noted that the total non-oil foreign trade exchange between the two countries witnessed a growth during the past five years to reach around AED475 million in 2016 ($129.2 million), increasing from AED422 million ...

Dubai / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, inaugurated the third International Conference on Future Mobility in Dubai on Tuesday. Around 350 representatives of global, regional, Gulf and local governments, as well as experts in environment, energy, technology, communications, research and legislation, are participating in the conference, organised by the Emirates Authority for Standardisation and Metrology (ESMA). ...

Bloomberg Apple Inc.’s primary iPhone assembler in India is scouting for about 100 acres of land in Bangalore to expand its facilities for the world’s most valuable company, according to people familiar with the matter said. Wistron Corp. executives toured the city last week and have shortlisted a few parcels including one plot close to the airport, said the people, ...

Bloomberg Toyota Motor Corp. raised its annual profit forecast for a second time this year, helped by a weaker yen and US sales that outpaced Ford Motor Co. In the three months to September, Toyota took a 15 percent share in the US—its biggest market—for the first time since 2009. Toyota outsold Ford every month in the quarter, with the ...