Bloomberg Kotak Commodity Services Pvt, one of India’s top cotton exporters, will stop selling new cargoes to China on concern the spread of coronavirus may force the top buyer of the fiber to close ports and banks. The Mumbai-based company will look for new buyers of cotton in countries such as Bangladesh, Indonesia, Taiwan and Vietnam to make up for ...
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Lighthizer to talk trade deal with India before Trump visit
Bloomberg US Trade Representative Robert Lighthizer will be in India in the second week of February to finalise a trade deal ahead of President Donald Trump’s expected visit, according to people with knowledge of the matter. India is keen to sign an agreement during Trump’s visit and trade minister Piyush Goyal has invited Lighthizer to discuss the details of a ...
Read More »Pompeo heads to Ukraine as Bolton book rocks Senate trial
Bloomberg Secretary of State Michael Pompeo travels to Ukraine this week to persuade the country that US support remains undiminished in the wake of the impeachment saga. President Donald Trump’s continued hostility towards Kyiv — and Pompeo’s own recent comments — make that a harder sell. Pompeo will meet with President Volodymyr Zelenskiy and other senior officials during a one-day ...
Read More »UAE has prioritised relations with African nations: Mohamed
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, stated that the UAE has prioritised its relations with African countries based on mutual respect and common interests, to achieve the aspirations of their peoples for development, progress and prosperity. The UAE has made ...
Read More »UAE keen to strengthen bilateral ties with Tunisia, says Abdullah
TUNISIA / WAM Kais Saied, President of Tunisia, received His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. At the start of the meeting, Sheikh Abdullah conveyed, to President Saied, the greetings of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime ...
Read More »UAE, Kazakhstan to work on $11b joint projects: Tokayev
Abu Dhabi / WAM The UAE and Kazakhstan have maintained exemplary relations and cooperation in many respects, said President Kassym-Jomart Tokayev of Kazakhstan. President Tokayev made the remarks during a keynote speech at the UAE-Kazakhstan business meeting in Abu Dhabi, which was organised by the Abu Dhabi Chamber of Commerce and Industry, in collaboration with the Federation of UAE Chambers ...
Read More »People of determination enjoy recreational trips: ZHO
ABU DHABI / WAM The Zayed Higher Organisation for People of Determination (ZHO) organised a series of recreational trips for the members of its care and rehabilitation centres in the Emirate of Abu Dhabi, as part of its rehabilitation programmes to enhance and develop the cognitive, social and behavioural skills of students, and allow them to develop and apply these ...
Read More »Apple supply chain braces for disruption from coronavirus
Bloomberg Apple Inc’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more than 100 deaths. Virtually all of the world’s iPhones are made in China, primarily by Foxconn’s Hon Hai Precision Industry Co at its so-called iPhone City in ...
Read More »Trudeau’s pipeline project loses support, raising political risk
Bloomberg Canadian prime minister Justin Trudeau is losing support for a plan to expand the Trans Mountain oil pipeline, raising the stakes for his government as the project navigates continued legal challenges. About 37% of Canadians oppose the government-owned project, up from 31% in June, according to a poll published on Tuesday by the Angus Reid Institute. Backing for the ...
Read More »Trump unveils Mideast peace plan with two-state solution
Bloomberg President Donald Trump announced what he called a detailed plan for Middle East peace that provides a “win-win†solution to make Israel and the region safer, skirting complaints that Palestinians have already rejected the proposal and didn’t take part in drafting the plan. Trump said on Tuesday his plan presents a “contiguous†territory for a Palestinian state once conditions ...
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