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Bloomberg The UK wants to squeeze in more hours of Brexit negotiation as an October deadline to secure a breakthrough with the European Union looks increasingly unattainable. There are only two more rounds penciled in before an EU summit that will decide if talks can move to trade. But time is not on the side of PM Theresa May, and ...

Bloomberg PayPal Holdings Inc. is turning to its old nemesis, plastic, to help it expand beyond the digital realm. The online payments venture is introducing a credit card that offers customers 2 percent cash back on purchases—one of the industry’s highest rebate rates—with no annual fee. The rewards will appear in users’ online wallets and can be spent immediately on ...

Bloomberg Prime Minister Theresa May said she’s keen for the UK to keep any benefits from a potential trade deal between the European Union and Japan after its scheduled departure from the bloc in March 2019. “There’s obviously a number of trade deals that the EU has with other countries and we are looking at the possibility of those being ...

DUBAI / WAM Dubai Electricity and Water Authority (DEWA) has announced that the adoption rate of its smart services has reached 80 percent, ahead of the deadline set by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to reduce the number of visitors to government offices by 80 ...

Dubai / Emirates Business Emirates NBD’s Pepper has now learnt to speak Arabic! The artificial intelligence (AI) powered humanoid robot, brought to the UAE by Emirates NBD last year, has been widely popular due to his novel proposition and charming personality, and will now also cater to the bank’s Arabic-speaking customers. Adding a fun element to the banking experience, the ...

Bloomberg ­­­­­­­­­­­­­­­ Shortly after the US detected the launch of a North Korean missile that soared over Japan, Secretary of State Rex Tillerson and United Nations Ambassador Nikki Haley joined national security aides on calls to craft an urgent response. Coming less than a week after Trump said Kim Jong Un was “starting to respect” the US, the test-firing was ...

Bloomberg Fresh from winning its biggest defense contract in May, Larsen & Toubro Ltd. is planning to bid for $28 billion of orders including warships and submarines in India as Prime Minister Narendra Modi breaks with tradition to embrace private, local suppliers. India’s new defense purchase policy that allows non-state local firms to compete for orders from the military is ...

Bloomberg China’s State Administration for Industry and Commerce is reviewing an antitrust complaint accusing Apple Inc. of abusing its dominant position in smartphone applications, people familiar with the matter said. The regulator is studying the information following a complaint filed on behalf of developers before deciding if a formal investigation is necessary, said the people, who asked not to be ...

DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum has approved new key projects planned to be executed by the Dubai Roads and Transport Authority over the coming period in the run-up to Expo 2020 Dubai, commending the developments already implemented by the authority as well as ...

Dubai / WAM Dubai Land Department (DLD) announced that over AED 820 million worth of brokerage commissions were made in Dubai’s real estate market between the beginning of January 2017 and the end of June this year. Yousuf Al Hashimi, Deputy Executive Director of RERA, the regulatory arm of DLD, said, “Brokers play an essential role in our sector, representing ...