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Bloomberg The UK’s manufacturing slump unexpectedly deepened in August as mounting Brexit uncertainty and weaker global growth pushed a gauge of the sector to its lowest level in seven years. The continued contraction was driven by a drop in new orders, while optimism among firms fell to a record low, IHS Markit said on Monday. Meanwhile, exports were hurt by ...

Bloomberg Porsche is expanding its app-based subscription service to four new cities in the US and Canada, deepening its experiment in flexible car ownership even as other automakers back away. The luxury sports-car brand of Volkswagen AG is adding Las Vegas, San Diego, Phoenix and Toronto to the pilot program it started in Atlanta almost two years ago. The price ...

Bloomberg Taiwan denied interfering in Hong Kong’s affairs to support protesters, rejecting such claims by Beijing as “talking nonsense.” The Taipei-based Mainland Affairs Council said in a statement that unrest in the former British colony stemmed from the Communist Party’s refusal to consider protesters’ democratic demands. The agency was responding to comments by a top mainland representative on Taiwan affairs ...

ABU DHABI / WAM The UAE Cabinet formed a committee, chaired by HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, with several ministers and officials as members, to implement the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to the ministers, government officials ...

DUBAI / WAM Mohammed Abdulla Ahli, Director-General of the Dubai Civil Aviation Authority (DCAA), and CEO of Dubai Air Navigation Services (dans), stressed that the aviation sector, which accounts for some 30 percent of Dubai’s GDP, will play a significant role in the success of Expo 2020 by providing superior facilities and logistics services to exhibitors and visitors. He noted ...

ABU DHABI / WAM The Make-A-Wish Foundation on Sunday launched a childhood cancer awareness campaign that will also help realise the wishes of children with the disease by raising donations through SMS. The 30-day awareness campaign titled, ‘Cancer Steals Childhood and A Wish Returns it’, was fulfilled as per the directives of Shaikha Shaikha bint Saif Bin Mohammad Al Nahyan, Honorary ...

DUBAI / WAM Construction on the Warsan residential project is well underway for a timely delivery for Expo 2020 Dubai, the project’s developer wasl properties announced on Sunday. The Warsan project will comprise 35 buildings in a community-style layout that when completed will provide – 3,866 residential units, 3,380 shared units, 360 studio units, and 126 one-bedroom apartments – spread ...

Bloomberg UK Prime Minister Boris Johnson pledged billions of pounds for education, social care and transportation, and warned Conservative lawmakers to get behind his Brexit plan or face losing their party affiliation. Prime minister tells Sunday Times: “The fundamental choice is this: are you going to side with Jeremy Corbyn and those who want to cancel the referendum?” Michael Gove, ...

Bloomberg The US and Poland are poised to sign an agreement on 5G security as President Donald Trump’s administration seeks to persuade European nations to block Huawei Technologies Co and other China telecommunications firms from their networks. A joint declaration on the technology could be signed as Vice President Mike Pence travels to Warsaw, according to a senior administration official ...

Bloomberg Volkswagen AG will revise fuel economy labels on several gasoline-powered models and pay $96.5 million to drivers after an investigation discovered software that could optimise efficiency during government tests but not during real-world driving. A joint investigation between the US Environmental Protection Agency and the California Air Resources Board discovered the automaker had equipped roughly 1 million vehicles with ...