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Bloomberg Asian nations gave up hopes of completing a 16-nation trade bloc this year, with Chinese and Australian officials now looking to finalise the deal in 2019. Singapore, which is chairing the 10-member Association of Southeast Asian Nations this year, had pushed for a substantial conclusion to the agreement this year. Known as the Regional Comprehensive Economic Partnership, or RCEP, ...

Bloomberg India’s first inland voyage by a container ship since it gained independence from Britain 70 years ago ended when the vessel docked in the holy city of Varanasi today, a development officials hope will help shift cargo from the country’s congested road and rail networks. The 1,390 kilometres Ganga watercourse is one of the 111 waterways spanning 20,276 kilometres ...

Bloomberg California utilities are facing the very real possibility that billion-dollar blazes could become an annual occurrence, and they don’t know how to pay for them. Shares of the state’s two largest utilities plummeted after both PG&E Corp. and Edison International released reports suggesting their equipment may have started the deadly fires now burning at both ends of the state. ...

Bloomberg Vodafone Group Plc shares jumped 7.1 percent after the mobile phone company’s new chief executive unveiled stro-nger than expected results in a fiercely competitive market and kept the dividend stable while he tries to rein in debt. Investors were already bracing for CEO Nick Read to end Vodafone’s policy of constant dividend growth after the $22 billion takeover over ...

Bloomberg In a world where iPhone demand is on the wane, Apple Inc. has a Plan B. As customers wait longer between upgrades and the smartphone market saturates, Apple can fall back on charging higher prices for each handset and raking in more money from services such as streaming music, digital videos and data storage. But there’s no back-up for ...

Bloomberg Thirteen undeclared North Korean missile operating bases were identified in a new report, undermining the Trump administration’s claims that its outreach to Pyongyang is making progress in getting Kim Jong-un’s regime to give up its nuclear weapons programme. The 13 sites are among an estimated 20 bases, small and dispersed across the country, that are believed to have underground ...

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, and President Barham Ahmed Salih of Iraq discussed bilateral relations between the UAE and Iraq and means of developing them across various sectors. During the meeting, held at the Presidential Palace in Abu Dhabi, ...

ABU DHABI / WAM The global oil and gas will be a critical enabler of economic growth in the 4th Industrial Age, according to Dr Sultan bin Ahmad Al Jaber, Minister of State and Group CEO of the Abu Dhabi National Oil Company (Adnoc). Delivering the opening keynote address, on Monday at the Abu Dhabi International Petroleum Exhibition and Conference ...

Dubai / WAM Finland officially announced the country’s participation at Expo 2020 during a press conference held on Monday. Finland’s participation at Expo 2020 Dubai was confirmed by the Commissioner General of Finland for Dubai Expo Severi Keinala and the Executive Director of Dubai Expo 2020 Bureau Najeeb Mohammed Al-Ali. They were joined at a press conference by the Finnish ...

ABU DHABI / WAM Microsoft on Monday demonstrated the power of digital transformation to the region’s oil and gas industry, as the company participated in the Adipec 2018. Microsoft experts demonstrated Azure IoT Edge capabilities in action allowing energy companies to extend cloud intelligence and analytics, and bring these innovations to edge devices in the field. The platform allows the ...