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Abu Dhabi / WAM The UAE has continued to promote values of cross-cultural and religious interaction, tolerance, harmony and peaceful coexistence, during the month of May. The country launched various programmes and engaged in numerous activities and events to confirm its status as a global centre of tolerance. The Emirates News Agency (WAM), shed light on the major events during ...

Dubai / Emirates Business The United Arab Emirates’ key business and innovation hubs have strong career appeal for the world’s digital talent pool, according to a new study by Boston Consulting Group (BCG) and The Network. In a report based on BCG’s 2019 study, titled Decoding Digital Talent, Dubai ranked as the sixth most appealing country to relocate to for ...

Bloomberg Acting Defense Secretary Patrick Shanahan said the US and China would eventually resolve their differences, downplaying the significance of escalating trade tensions even as he ripped Beijing’s leaders for behavior that “sows distrust” in Asia. In a speech in Singapore that came hours after he met a top Chinese defense official, Shanahan indirectly blasted Beijing for employing a “toolkit ...

Bloomberg Vedanta Resources Ltd, owned by Indian billionaire Anil Agarwal, said it’s seeking international arbitration to resolve a dispute with the Zambian government about its copper assets in the country. Zambia’s government this month began liquidation proceedings against Vedanta’s Konkola Copper Mines, after accusing Vedanta of lying about expansion plans and paying too little tax. The company says it is ...

Bloomberg The automotive industry is bearing the brunt of trade-war crossfire again as US President Donald Trump threatens to slap tariffs of as much as 25 percent on goods from Mexico, a key production hub for carmakers from Mazda Motor Corp. to General Motors Co. Mexico is the largest source of US vehicle and auto-parts imports, meaning tariffs would increase ...

Bloomberg Even though President Donald Trump held fire earlier this month on auto tariffs that have the potential to further roil Europe’s struggling economy, a succession of domestic dilemmas on both sides of the Atlantic threaten to frustrate efforts at a trade pact before they’ve even begun. Ten months after Trump and European Commission President Jean-Claude Juncker struck a Rose ...

Bloomberg WeWork Cos is in talks with banks about arranging a $2.75 billion credit line ahead of a planned initial public offering, according to people with knowledge of the matter. JPMorgan Chase & Co. is leading the potential financing, said the people, who asked not to be identified because the plans aren’t public. Representatives for the bank and WeWork declined ...

Bloomberg President Donald Trump will continue to seek talks with North Korean leader Kim Jong-un as the US looks to defuse tensions following a failed summit in February, according to his administration’s top nuclear envoy. “The United States is convinced that through continued negotiations, we can continue to close the gaps that separate our two countries and make further progress ...

ABU DHABI / WAM His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, attended a majlis organised by the Ministry of Interior. The majlis, which took place at St. Joseph’s Cathedral in Abu Dhabi, discussed the UAE’s efforts to promote fraternity, coexistence and tolerance, and is part of a series of ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has conferred the Order of Independence, First Class, on Maya Tissafi, Ambassador of Switzerland to the UAE, in recognition of her efforts during her tenure, which contributed to enhancing and boosting friendly ties between the two countries. HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign ...