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Bloomberg President Donald Trump is gearing up another attempt at trade talks with the European Union (EU) and is hopeful the two can reach a “big trade deal,” with the head of the European Commission calling on the sides to draw on their similarities as the process unfolds. “A deal between ourselves and essentially Europe is something we all want ...

Bloomberg UK Chancellor of the Exchequer Sajid Javid presided over the continued easing of austerity last month as departmental spending rose at its fastest pace for any December since 2003 — when Tony Blair was prime minister. The 10.5% increase from a year earlier came as the government pumped money into pay rises in the state-run National Health Service. It ...

Bloomberg Apple Inc suppliers plan to begin assembling a new low-cost iPhone in February, people familiar with the plan said, as the company looks to address a wider swath of the global smartphone market ahead of its 5G handsets later this year. The Cupertino, California-based company is expected to officially unveil the new phone as early as March, one person ...

Bloomberg Chinese vice premier Han Zheng told the World Economic Forum (WEF) that the country’s trade deal with the US won’t hurt rival exporting nations as complaints mount from governments that were left out of the agreement. In the most high-profile remarks on the country’s economic policy since the accord was signed last week, Han said that its commitment to ...

Bloomberg Nissan Motor Co will go bankrupt within two to three years, Carlos Ghosn told a defense attorney during more than 10 hours of interviews before the auto executive skipped bail and left Japan. The former chairman and chief executive officer of Nissan Motor Co and Renault SA made the prediction last year in a series of conversations about his ...

Bloomberg Lebanon unveiled a new cabinet lineup, some three months after mass protests against entrenched corruption brought down the government and shook the economy. The incoming team of 20, led by former education minister Hassan Diab, will have to act fast to address the country’s worst financial and economic crisis in decades. Tens of thousands of people have taken to ...

DUBAI / WAM The Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (Measa), region, on Tuesday announced the final details ahead of the launch of its new DIFC Employee Workplace Savings Plan (DEWS) that will secure the financial future of more than 24,000 employees based at the centre. DEWS is ...

ABU DHABI / WAM During the Abu Dhabi ‘s World Future Energy Summit (WFES), 2020 and Ecowaste Expo, Abu Dhabi Waste Management Centre (Tadweer) signed an Memorandum of Understanding with food delivery service Talabat to collaborate towards the promotion and implementation of a sustainable food service system. The MoU was signed by Dr Salem Khalfan Al Kaabi, General Manager of ...

Abu Dhabi / WAM Abu Dhabi National Exhibitions Company (Adnec) is set to host leading industry events, at both the Abu Dhabi National Exhibition Centre and Al Ain Convention Centre in the first quarter of 2020 in one of their busiest seasons yet. Following on from a successful 2019 season, Adnec aims to ensure a strong start to the new ...

ABU DHABI / WAM The UAE has provided urgent aid to those affected by the eruption of Taal Volcano in the Philippines. This comes following the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the monitoring of HH Sheikh Hamdan bin Zayed Al ...