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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Bloomberg President Donald Trump’s impeachment trial formally opened in the Senate on Tuesday, promising to shape his legacy, deepen the country’s political divisions and influence control of power in the nation’s capital for years to come. While the president faces little risk of removal from office by the Republican-led Senate, the trial may bring to life new details of Trump’s ...
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Bloomberg Uber Technologies Inc will sell Uber Eats in India to local rival Zomato in a $172 million deal, according to a person familiar with the transaction, underscoring the ride-hailing giant’s effort to cut back on loss-making operations. Uber agreed to offload the business in return for 9.99% of the Indian startup, maintaining a foothold in one of the world’s ...
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Bloomberg Huawei Technologies Co founder Ren Zhengfei shrugged off the threat the US will impose even stricter sanctions against his company, saying he was confident China’s largest tech company can survive further attacks from Washington. Tighter restrictions on the sale of American technology to the telecommunications giant — something the White House is considering — will not have very significant ...
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