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Abu Dhabi / WAM The National Health Insurance Company, Daman, has launched a new service that allows private sponsors to renew health insurance policies of family members and domestic staff online. The service is a significant upgrade over previous iteration, launched in 2016, which limited renewals to sponsored employees in eight professions, mostly domestic staff. During its trial phase, more ...

Bloomberg Donald Trump was still dug in, unwilling to back down a day after siding with Vladimir Putin over US intelligence agencies in accepting the Russian leader’s denial of interfering in the 2016 US presidential election. That changed after a meeting between the president and Vice President Mike Pence and Secretary of State Michael Pompeo, according to a person familiar ...

Bloomberg Reliance Industries Ltd., India’s second-largest company by market value, plans to raise about $5.8 billion in fresh debt this financial year as it expands its consumer businesses, according to people familiar with the matter. The billionaire Mukesh Ambani-led company will raise funds through loans and bonds, mostly in the Indian currency, the people said asking not to be named ...

Bloomberg Swatch Group AG, the maker of Omega and Tissot timepieces, reported the highest first-half profit in three years, fuelled by Asian demand and market share gains across its collection of 18 brands. Operating profit rose 70 percent to $628 million, the Biel, Switzerland-based company said in a statement. Analysts expected 612 million francs. The stock rose as much as ...

Bloomberg The Trump administration plans to open an investigation into whether uranium imports are harming national security, a move that could lead to tariffs on foreign shipments of the metal, said three people familiar with the matter. US uranium producers Energy Fuels Inc. and Ur-Energy Inc. filed a petition in January asking the Commerce Department to investigate the matter under ...

Bloomberg UK inflation unexpectedly held at 2.4 percent last month as cheaper clothing and computer games offset the rising cost of filling up a vehicle. The pound weakened as investors pared bets that the Bank of England will raise interest rates next month. Consumer prices were unchanged from May, the Office for National Statistics said on Wednesday. Annual inflation was ...

Bloomberg The home crowd that cheered on Russia’s run to the quarterfinals of the soccer World Cup may have been too preoccupied to do much shopping. Countries staging the world’s most-watched sporting event have a poor record when it comes to economic benefits off the pitch. In the three past World Cups, South Africa — the only host nation whose ...

ABU DHABI / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the National Media Council (NMC), said that the UAE and China have a long history of economic cooperation, which developed greatly under the Founding Father, late Sheikh Zayed bin Sultan Al Nahyan, who was keen to strengthen these important relations. He was a ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of the Dubai Future Foundation, said that Dubai’s efforts to create a better future as part of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, ...

Abu Dhabi / WAM Chinese President Xi Jinping has said that the UAE and China are geographically far apart and different in national conditions, but “both are proud to have an enterprising and creative people who never give up their dreams.” He said that he is looking forward to working with the UAE leaders to draw up a blueprint for ...