News

Bloomberg The US accused China of continuing a state-backed campaign of intellectual property (IP) and technology theft as the World Trade Organization (WTO) said it would establish a dispute panel to rule on the complaint. The new accusations came in a detailed 53-page report released by US Trade Representative Robert Lighthizer’s office just 10 days before President Donald Trump is …

Bloomberg A Southeast Asian nation that was a bit player in the biofuel market is suddenly buying and selling unprecedented supplies. The US-China trade war may have something to do with it. Malaysia has emerged to displace the US as the biggest supplier of ethanol to China in just two months. It’s also the first time the Southeast Asian country …

Bloomberg Libya’s top oil chief expects Opec and allied producers to exempt the strife-torn North African country from any future cuts in crude output. “The Opec community has understood the difficulties we face— Libya has withheld more than any other country from the global market,” National Oil Corp Chairman Mustafa Sanalla wrote in a phone message. “This should be factored …

Amman / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and King Abdullah II of Jordan, on Tuesday attended the signing of a $100 million agreement to finance micro, small and medium-sized enterprises (SMEs) in the Hashemite Kingdom. The agreement, signed at Al Husseiniya Palace …

DUBAI WAM The Sawab Centre, a bilateral Emirati-American initiative to counter online extremist propaganda and promote positive alternatives, and the Organisation of Islamic Cooperation (OIC) announced a new cooperative agreement to mutually enrich each organisation’s capabilities and to share information and best practices. The Memorandum of Understanding (MoU) forma-lises the mutual interaction and strengthens existing relationship between Sawab Centre and …

Bloomberg The Trump administration is considering tighter curbs on technology exports, a step that Deutsche Bank AG says would have a “profound and long lasting adverse impact” on relations between the US and China. A request for public comment, published on the US government’s Federal Register, asks if a list of new technologies that have national security applications — from …

Bloomberg Amid the worst crude-price environment in its history, the Canadian oil industry is being ham- strung by internal divisions that are making it harder to rally around potential solutions. That draws a stark contrast to the US, where a less divided industry wields more clout. Most notable is the split between Canada’s pure producers, who are being devastated by …

Bloomberg Natural gas took a breather after its biggest gain in eight years as forecasts for lingering US cold spurred concern supplies may not be enough to meet winter demand. Gas for December delivery eased 3.1 percent in Asia after surging 18 percent to settle at $4.837 per million British thermal units, the highest since the “polar vortex” of early …

TIRANA / WAM The Albanian Parliament and the International Parliament for Tolerance and Peace (IPTP) honoured the late Sheikh Zayed bin Sultan Al Nahyan in Tirana, Albania. The members of the parliament stood in respect for the UAE Founding Father, in appreciation of his contributions to promoting tolerance and peace around the world, during the second session of the Albanian …

ABU DHABI / WAM The National Programme for Small and Medium-Sized Enterprises, the executive arm of small and medium-sized enterprises (SMEs), operating under the umbrella of the Ministry of Economy, organised an introductory workshop, in cooperation with European Business Network of the European Commission. The workshop, which was attended by over 25 representatives of funding institutions and organisations that support …