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ABU DHABI The United Arab Emirates is celebrating two cherished and revered occasions, the latest elections for members of the Federal National Council (FNC), and the scientific achievement of the UAE’s first astronaut, Hazza Al Mansoori, who has just completed a visit to the International Space Station (ISS). The term “progressive empowerment” can be applied to both of these events, ...

Bloomberg Hyundai Motor launched India’s first electric SUV this summer with a quirky TV commercial urging millennials to “Drive Into the Future.” A few months later, the automaker finds itself on a lonesome road. In a nation of about 150 million drivers, only 130 Kona SUVs were sold to dealers through August. That slow pace is emblematic of the difficulties ...

Bloomberg Indian Foreign Minister Subrahmanyam Jaishankar said that a trade deal with the US is “not that easy,” but trade ministers from both sides were trying to iron out their differences. “It’s a fairly complicated set of issues because you are really looking at trying to clear up issues.” Jaishankar said, speaking at the India Economic Summit organised by the ...

Bloomberg Vietnam’s exports this year may rise between 7% and 7.5% from 2018, a steep decline from the previous two years mainly because of rising global trade tensions, Hai Quan newspaper reported, citing the Ministry of Industry and Trade Ministry. Trade tensions between the US and China, Japan and South Korea, and slower economic growth in some countries reduce demand ...

Bloomberg Apple Inc’s App Store reversed a recent decision to reject a Hong Kong app that shows police activity in the midst of increasingly violent pro-democracy protests in the city. The app, known as HKmap.live, is a mobile version of a website that helps users avoid potentially dangerous areas, according to the developer, who uses the alias Kuma to remain ...

Bloomberg China’s foreign-currency holdings dipped in September, as valuation effects from a stronger dollar weighed on the otherwise stable stockpile. Reserves fell to $3.092 trillion in the month from $3.107 trillion in August, the People’s Bank of China said on Sunday. The reading compares with a median estimate of $3.106 trillion in a Bloomberg survey. The supply and demand largely ...

Bloomberg Apple Inc has told suppliers to increase production of its latest iPhone 11 range by as much as 10% to meet stronger-than-expected sales of the new handsets, the Nikkei Asian Review reported, affirming resilient demand for the company’s most important gadget. The boost would add 7 million to 8 million units to what the Cupertino, Calif-based company had initially ...

Bloomberg General Motors Co and the United Auto Workers (UAW) moved closer to a deal that would end the strike that’s divided them for almost three weeks. The automaker and union have agreed on most of the key issues, but two main sticking points remain. They are boosting employee pension plans and shortening the length of time required for entry-level ...

Bloomberg President Donald Trump lauded a tight labour market as the unemployment rate hit a 50-year low. He didn’t mention job losses appearing in manufacturing, a key industry for his base of supporters. Total payrolls at factories contracted by about 2,000 in September, when economists had expected a 3,000 gain. The data was released as part of the monthly jobs ...

Bloomberg Google Chief Executive Officer Sundar Pichai announced that the internet-search giant is signing on to presidential daughter and senior adviser Ivanka Trump’s pledge to train American workers. At an event in Dallas, Pichai said Google planned to provide training for 250,000 workers over the next year and provide a $3.5 million education grant. The Alphabet Inc unit will offer ...