Bloomberg The US is encouraged that Japan and South Korea are showing their first signs of a thaw in their yearlong feud. But it’s unclear whether ties between the two American allies will warm fast enough to save a key intelligence-sharing pact. The neighbours have a little more than two weeks to stop the defense pact from becoming a lasting ...
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Macron, Xi pledge to uphold free trade during China visit
Bloomberg China and France vowed to uphold multilateralism and free trade and build an open global economy, as President Xi Jinping nears a phase one trade deal with the US. Xi’s comments came during a three-day visit to China by President Emmanuel Macron. “Together, we sent a strong signal to the world to firmly uphold multilateralism and free trade and ...
Read More »India to set up regulator to end e-commerce disputes
Bloomberg India is examining the feasibility of setting up a regulatory authority to settle disputes related to e-commerce, a top government official said, amid a raging battle between big online retailers and mom-and-pop stores. The proposal being considered comes after small traders approached the government with allegations of predatory pricing and deep discounting by Amazon.com Inc and Walmart Inc. They ...
Read More »Yemen government, separatists sign ‘Riyadh agreement’
RIYADH / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Prince Mohammed bin Salman bin Abdul Aziz, Saudi Crown Prince, Deputy Prime Minister and Minister of Defence, on Tuesday attended the signing of the Riyadh Agreement between the Yemeni Government and the Southern Transitional ...
Read More »Mohamed highlights UAE’s keenness to adopt latest tech
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, highlighted the UAE’s keenness to adopt the latest technologies and the Artificial Intelligence (AI), under the framework of its development approach and its ambitious vision. While participating in the launch of the EDGE advanced technology ...
Read More »Saif bin Zayed briefed on five-year cultural strategy of Abu Dhabi
Abu Dhabi / WAM HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has been briefed by representatives of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), on the Culture achievements to date and planned milestones of Abu Dhabi’s five-year Culture Sector Strategy. HH Sheikh Saif bin Zayed ...
Read More »Gitex generates AED1.6b in economic output for Dubai
Dubai / WAM Gitex Technology Week continues be a strong catalyst that accelerates the region’s growing global status as a pioneering market in technology adoption. The show’s growing contribution to Dubai’s economy is attested by the results published in the Gitex Technology Week Economic Impact Assessment 2019 Report issued on Tuesday by DWTC. With a significant AED1.6 billion in revenue ...
Read More »AFZ sponsors fifth edition of UAE-India economic forum
Ajman / Emirates Business Ajman Free Zone (AFZ) was a main sponsor of the fifth edition of the UAE-India Economic Forum held at the Waldorf Astoria, DIFC. Abdullah Ahmed Al Saleh, Undersecretary for Foreign Trade & Industry, Minister of Economy was guest of honour at the event. The well-attended event brought 500 delegates from India, the UAE and other key ...
Read More »Japan wants to keep India in China-backed Asia trade pact
Bloomberg India’s exit from RCEP regional trade talks appeared to leave China and Japan at odds over whether to press ahead with the remaining members, or to try to find a workaround that includes PM Narendra Modi’s government. India announced it was withdrawing from the China-backed Regional Comprehensive Economic Partnership (RCEP), citing the deal’s potential impact on the livelihoods of ...
Read More »Tourists are avoiding Delhi as air pollution hits record high
Bloomberg Business travellers and tourists are avoiding New Delhi, as air pollution in India’s capital reached record levels, travel agents said. Booking inquiries for hotels and flights to New Delhi have slumped since the Hindu festival of Diwali on October 27, said Sharat Dhall, chief operating officer of the business-to-consumer segment at Yatra Online Inc. Bursting of firecrackers as part ...
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