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Bloomberg President Donald Trump said Apple Inc. Chief Executive Officer Tim Cook voiced concerns about chief competitor Samsung Electronics getting an edge because its products, unlike Apple’s, won’t be subject to tariffs when imported by the US. Cook and Trump had dinner, while the president was at his golf club in Bedminster, New Jersey. Trump described the conversation to reporters ...

Bloomberg Slowing the pace of climate change in line with the Paris Agreement has clear economic benefits as global warming is increasingly seen as a risk to financial stability and the economy. Abiding by the Paris Agreement and limiting annual average temperature increases to 0.01 degree celsius reduces global income by 1.07% by 2100. That compares with a 7.22% hit ...

Bloomberg Support for free trade among Americans is on the rise, as backing for President Donald Trump — the self-described “Tariff Man” — dips to its lowest level in more than a year, an NBC-Wall Street Journal poll showed. Almost two-thirds — 64% — see free trade as good for the US, an all-time high for the survey series. Support ...

Bloomberg If the lament over a shrinking equity market has been momentarily drowned out in US by opening bells rung by red-hot debutantes, it’s only gotten louder on this side of Atlantic. Eighty-four companies have listed in Europe this year, the fewest in a decade by a mile, according to data compiled by Bloomberg. By deal value, it’s the lowest ...

ABU DHABI / WAM The UAE has carried out relief and development initiatives in challenging humanitarian situations in many regions around the world, a top official said on the occasion of World Humanitarian Day. Such humanitarian projects have supported victims of crises, conflicts and wars and contributed to improving their lives, Mohammed Haji Al Khouri, Director-General of Khalifa bin Zayed ...

ABU DHABI / WAM The United Arab Emirates has strongly condemned the terrorist attack that targeted a wedding in the Afghan capital, Kabul. The Ministry of Foreign Affairs and International Cooperation (MoFAIC) said in a statement that it condemns in the “strongest terms” the terrorist attack, and that the UAE reaffirms its support to the Afghan government as it confronts ...

Bloomberg Larry Kudlow pushed back on Sunday on the notion that the US economy is headed towards a recession, and said recent phone calls between US and Chinese trade negotiators had produced more “positive news.” Kudlow, the White House National Economic Council director, and Peter Navarro, President Donald Trump’s trade adviser, made multiple appearances on Sunday talk shows to discuss ...

ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, was the most punctual Middle Eastern carrier in the first seven months of 2019. New figures produced by the aviation data company OAG show that Etihad was the only Middle Eastern carrier whose punctuality averaged more than 80 per cent for flights across this period. The ...

DUBAI / Emirates Business A ten-member delegation headed by HE Abdulla Al Humaidan, Secretary-General of Zayed Higher Organization for People of Determination (ZHO) visited Japan to receive insights on how to create a more inclusive society for people faced with challenges. The eight-day visit was organised by the Japan International Cooperation Center (JICE), and provided opportunities for the ZHO delegation ...

BEIRUT / WAM The UAE Embassy in Beirut organised a panel discussion and workshop, entitled, “Pardon when you are powerful”, targeting 50 students at the Al Othman Mosque, attended by Fahad Al Kaabi, Acting Charge D’Affaires at the UAE Embassy in Lebanon, and a representative of the Grand Mufti of Lebanon, Sheikh Abdulatif Daryan. The students participated with the Emirati ...