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DUBAI / WAM The Mohammed bin Rashid Space Centre (MBRSC) announced that Hazzaa Al Mansoori, the UAE’s first astronaut to travel to the International Space Station (ISS) on September 25, will host a traditional Emirati food night at the station. Al Mansoori will be dressed in the traditional Emirati clothes, and will offer his fellow astronauts three Emirati foods — ...

Bloomberg It was caged and only hovered for about a minute, but it flew: a new flying car. Made by NEC Corp., the vehicle is essentially a large drone with four propellers that’s capable of carrying people. The Japanese electronics maker demonstrated the machine, flying without a passenger, at a Tokyo suburb on Monday. Powered by a battery, it rose ...

Bloomberg Gold imports by India in July tumbled to the lowest monthly inflow in more than three years as demand paused following record high prices in the domestic market. Overseas purchases fell 69% to 20.4 tons in July from 65.6 tons a year earlier, according to a person familiar with the data, who asked not to be identified as the ...

Bloomberg Samsung Electronics Co., the world’s largest memory chipmaker, is already reeling from Japan’s export curbs on three key materials needed to make semiconductors. An expanded list that includes machine technology could make it even harder for Samsung and South Korean carmakers to make their chips and cars (CNCs). The list of products being exported to Korea that could meet ...

Bloomberg Malaysia is confident it can reach an agreement with China to settle tensions in the South China Sea after its neighbors warned that incidents in the disputed waters had “eroded trust.” The country is “very hopeful” that a code of conduct for the area will be completed within the three-year deadline or earlier, Malaysia’s Foreign Minister Saifuddin Abdullah said ...

Bloomberg China responded to Donald Trump’s tariff threat with another escalation of the trade war on Monday, letting the yuan tumble to the weakest level in more than a decade and asking state-owned companies to suspend imports of US agricultural products. The moves are likely to further antagonise Trump, who has criticised Beijing for managing its currency unfairly and failing ...

Bloomberg Top Japanese companies including Sony Corp., Ricoh Co. and Asics Corp. are orchestrating shifts in production away from China, joining manufacturers from other countries seeking to sidestep US tariffs. Sony said last week that trade-war levies may cause it to raise prices or move production of PlayStation consoles, cameras and projectors outside of China, steps that could affect profit ...

Bloomberg UK government bonds rallied, driving benchmark yields to a record low, as global risk sentiment worsened and speculation swirled that the nation’s new Prime Minister is preparing for a general election. Ten-year gilt yields slipped below 0.5% for the first time on a potential increase in UK political uncertainty, with Premier Boris Johnson’s spending plans fueling speculation about a ...

Bloomberg Facebook Inc. plans to attach its name to Instagram and WhatsApp, branding them “Instagram from Facebook” and “WhatsApp from Facebook.” The move is controversial because both of the apps were born outside of Facebook, have very different corporate cultures and have thrived, in part, by having their own identities with consumers. Founders of the photo-sharing app and the messaging ...

Bloomberg Russia is acting on a pledge by President Vladimir Putin to shrink the role of dollar in international trade as tensions sour between Washington and Moscow. The shift is part of a strategy to “de-dollarize” the Russian economy and lower its vulnerability to the ongoing threat of US sanctions. But while the central bank was able to quickly dump ...