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Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has opened on Saturday a main bridge at the intersection of Expo Road and Al Asayel Street. The bridge is a part of Phase 5 of the roads network leading to Expo site. The completion rate of this phase has exceeded 50 percent, and construction will complete this June. “RTA has ...

Dubai / Emirates Business Dubai Airport Freezone Authority (Dafza) announced its participation in the 24th edition of Gulfood, which is taking place at Dubai World Trade Center between February 17-21, under the theme “The World of Good, The World of Food”. Dafza is one of the UAE’s biggest supporters of the Halal food industry, and will highlight its efforts to ...

Bloomberg President Donald Trump hailed progress made in trade talks with China this week, saying he may extend a tariff truce and take steps to sell a potential deal with opposition lawmakers. Trump’s comments signal the two sides may be approaching a deal after two days of high-level talks in Beijing. The two countries said they are working towards an ...

Bloomberg Go-Jek, Indonesia’s most valuable startup, is choosing an adviser to help with fundraising as it expands rapidly in the competitive Southeast Asian ride-hailing industry, people with knowledge of the matter said. The firm recently asked investment banks to pitch for a role working on its ongoing financing round,. Go-Jek could seek to bring in as much as $2 billion ...

Bloomberg India’s shorter-maturity bonds are set to outperform as traders boost the odds the central bank may cut interest rates again as soon as its April meeting. That’s one of the reasons asset managers such as DHFL Pramerica Asset Managers Pvt. and HDFC Standard Life Insurance Co. favor the front-end of the yield curve. At the same time, escalating concern ...

Bloomberg Australia aims to plant a billion trees by 2050 as part of a new forestry plan the government says will help the country meet its Paris Agreement climate targets. A sod-turning spree on that scale would contribute to the removal of 18 million tons of greenhouse gas per year by 2030 in a country currently producing in excess of ...

Bloomberg Singapore’s economy grew at a slower pace in the fourth quarter than previously estimated, a sign that US-China trade tensions and weaker global demand are starting to bite. Gross domestic product (GDP) increased an annualized 1.4 percent from the prior quarter, lower than the government’s earlier projection of 1.6 percent and the median forecast of 1.5% in a Bloomberg ...

Bloomberg Garment worker Rabeya started protesting on the streets of Dhaka in early January to pressure her employer — one of Bangladesh’s major suppliers to European clothing giant H&M — to pay a new minimum wage for its workers. On February 9, she said two company officials from Moon Readywears Ltd. told her not to bother returning to her job ...

Bloomberg Just as New Yorkers were absorbing Amazon.com Inc.’s decision to abandon a new office hub after tangling over $3 billion in tax breaks, General Electric Co. was beating a retreat in Boston, canceling plans to build an office tower and promising to return $87 million in government incentives. In Wisconsin, Taiwanese manufacturer Foxconn was backing away from promises it ...

Bloomberg Apollo Global Management LLC agreed to buy the majority stake in Cox Enterprises Inc.’s television broadcasters, transforming the private equity giant into a key player in local TV with 13 stations from Florida to Seattle. Cox will keep a minority stake and help operate the stations via a new business based in Atlanta, the companies said. The deal also ...