Uncategorized

Bloomberg Japan is sticking to its view that the US won’t apply higher tariffs on imports of Japanese cars and auto parts so long as negotiations toward a trade deal continue, according to Tokyo’s lead negotiator with Washington. The comments from economy minister Toshimitsu Motegi come as policy makers in Japan and Europe fret about the findings of a US ...

Bloomberg China unveiled a sweeping plan to link Hong Kong and Macau with cities in southern China to create a so-called Greater Bay Area, aiming to transform the coastal region into a high-tech megalopolis to rival California’s Silicon Valley. The outline plan, published in Chinese by Xinhua News Agency, said the government will seek to turn the area into a ...

Bloomberg Honda Motor Co. said it plans to close its factory in the UK in the biggest blow yet to the British auto industry already buckling under thousands of job cuts and the loss of key models in the run-up to Brexit. The site in Swindon, about 80 miles west of London, is the nation’s fourth-largest auto plant and employs ...

Bloomberg Investor confidence in Germany’s economic outlook improved for a fourth straight month, hinting at a modest pickup in momentum in the coming months. A gauge measuring prospects for the next half year rose to minus 13.4 in February, beating an estimate for a gain to minus 13.6. While the index recorded its longest streak of improvements since early 2015, ...

Bloomberg Twitter Inc. plans to introduce extra checks and publish more information around political ads in Europe, stepping up efforts to combat disinformation online amid worries Russia or other actors could try to meddle with European Union elections in May. The EU in late January warned tech companies to intensify efforts to combat disinformation on their platforms ahead of European ...

Bloomberg Pakistan’s Prime Minister Imran Khan said his nation would retaliate if attacked by India, following New Delhi’s strongest accusations yet that its nuclear-armed neighbour was responsible for a major terrorist attack in Kashmir. “Pakistan will not think of retaliation, Pakistan will retaliate,” Khan said in a televised speech on Tuesday. “There will be no other option than retaliation.” Tensions ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, inspected on Monday Russian’s Aurus armoured limousine displayed at Tawazun Economic Council stands, at ...

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, toured the International Defence Exhibition and Conference (Idex 2019), held at the Abu Dhabi National Exhibition Centre (Adnec) on Monday. On the second day’s proceedings, His Highness visited various international companies’ pavilions showcasing the latest innovative ...

Abu Dhabi / WAM The Advanced Military Maintenance Repair and Overhaul Centre, LLC., (AMMROC) and BAE Systems’ Electronic Systems signed a Memorandum of Understanding to provide repairs and upgrades to aircraft at a facility in Al Ain under AMMROC. Speaking to the Emirates News Agency (WAM), after the signing on the second day of the International Defence Exhibition and Conference, IDEX ...

Dubai / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, inaugurated the ‘DMCC Coffee Centre’ on Monday, during Gulfood 2019. The state-of-the-art 7,500 square metre temperature-controlled facility is the first of its kind in the Middle East. From crop to cup, the Centre offers cost-effective logistical support and services that connect ...