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US, China leave room open to talk after contentious meeting

Bloomberg The US and China left open the possibility of a summit between their presidents despite a contentious day of talks between officials from both sides in city of Tianjin. Vice Foreign Minister Xie Feng told visiting Deputy Secretary of State Wendy Sherman during a meeting on Monday that the relationship was “in a stalemate and faces serious difficulties.” Xie ...

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Mohamed issues resolution to form new board of Abu Dhabi Chamber

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, has issued a resolution to form a new Board of Directors for the Abu Dhabi Chamber of Commerce and Industry. The new board will be chaired by ...

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Sharjah Chamber, South Korea explore fostering economic ties

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with the Consulate-General of the Republic of South Korea in Dubai means of enhancing economic cooperation and commercial relations between companies and investment institutions operating in Sharjah and South Korea. They also discussed ways of supporting partnerships, along with investment opportunities available in information technology, healthcare, tourism, ...

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UAE, Guinea discuss ways to enhance ties in police, security fields

ABU DHABI / WAM Alpha Condé, President of Guinea, has received Major General Dr Ahmed Nasser Al Raisi, Inspector General of the Ministry of the Interior (MoI), and his accompanying delegation. During the meeting, the sides discussed means to enhance relations between Guinea and the UAE in police and security fields. President Condé stressed the depth of the UAE-Guinea relations, ...

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Khalifa University becomes Global E3 Consortium member

ABU DHABI / WAM Khalifa University (KU) is now a member of the Global Engineering Education Exchange Program (Global E3 Consortium), a consortium-based exchange programme established in 1995 that provides undergraduate engineering students an opportunity to study in leading universities from around the world while being able to pay tuition at their home university. As a top ranked university in ...

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World’s top platinum giants eye solar power

Bloomberg The world’s biggest platinum miners are ramping up plans to build renewable energy plants to free them from power outages that have plagued South Africa for more than a decade and to reduce their carbon footprint. Sibanye Stillwater Ltd, the No. 1 platinum miner, Impala Platinum Holdings Ltd and Anglo American Platinum Ltd said they plan to scale up ...

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Putin touts Russia’s hypersonic nuclear weapons at naval parade

Bloomberg President Vladimir Putin used a Navy Day parade to deliver his latest reminder of Russia’s military muscle, touting the nation’s hypersonic nuclear weapons at a ceremony in his hometown of St Petersburg. “Today the Russian navy has everything it needs to defend our homeland, our national interests,” Putin said in a speech in front of a monument to the ...

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London becomes jobs hot spot as finance and consulting hire

Bloomberg London’s jobs market has sprung back to life, becoming a hot spot for the first time since the pandemic closed vast sections of the economy, two separate surveys showed. The Recruitment & Employment Confederation (REC) said London had six of the top 10 areas in the UK for new job postings in the week ending July 18. Consulting and ...

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Canada retail sales jumped in June with virus cases receding

Bloomberg Canadian retailers started to recover from the third major Covid-19 shutdown, which stunted shopping earlier this year. Receipts fall 2.1% in May, when many provinces had restrictions on businesses to combat the virus, Statistics Canada reported in Ottawa. But retailers bounced back in June with sales rising 4.4% as rules eased, a preliminary estimate from the agency shows. Even ...

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Spain is banking on Apple to invest in AI, video production

Bloomberg Prime Minister Pedro Sanchez said he’s expecting Apple Inc to ramp up investments in his country after meeting with Chief Executive Officer (CEO) Tim Cook at company’s headquarters. Wrapping up a three-day tour of the US on the West Coast, Sanchez said that Apple will be particularly interested in developing artificial intelligence, television production in Spain. “We expect to have ...

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