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Bloomberg The US, China and the European Union moved a few steps closer to a major clash at the World Trade Organisation (WTO) that risks testing the global trade referee’s neutrality and President Donald Trump’s patience for an institution he already hates. In a volley of filings, the EU, China and the US this week escalated disputes over new US ...

Bloomberg Japan’s exports unexpectedly fell in September — the first drop in almost two years — as natural disasters disrupted economic activity, while higher energy prices continued to feed gains in imports. While one-off events make it difficult to assess the impact of the US-China trade dispute, Japanese export growth has been slowing this year following double-digit expansion in 2017. ...

Bloomberg Google will start charging smartphone makers that want to install its app store and services for devices sold in Europe, changes it says it must make to comply with a European Union antitrust order in July that brought a record 4.3 billion euro ($5 billion) fine. Starting from October 29, new phone models that install the Play store and ...

Bloomberg Swisscom AG is considering options for its Fastweb SpA unit, including a sale or partnership, that would increase the Italian business’s market share in mobile services, people familiar with the matter said. The company has discussed a tie-up with CK Hutchison Holdings Ltd.’s local wireless unit, Wind Tre SpA, though the Hong Kong conglomerate isn’t interested in adding landline ...

Bloomberg Three commodities traders were charged by the US Justice Department with orchestrating a $60 million fraud that involved spoofing and conspiring to manipulate futures contracts, according to prosecutors and court filings in Houston. Yuchun “Bruce” Mao, a 39-year-old Chinese national, is accused of working with two other traders at his firm in a scheme to rig the purchase and ...

Bloomberg President Donald Trump has thrust the issue of illegal immigration back to the fore of his political rallies, gambling that his combative rhetoric can galvanize his Republican base ahead of next month’s pivotal midterm elections. But so far there’s scant evidence the divisive issue that helped carry him to victory in 2016 will do the same for his party ...

Sharjah / Emirates Business Top UAE officials will be sharing their insights and expertise on how to tackle the youth crisis in the Mena region at the two-day Investing in the Future Conference (IIFMENA 2018), that will take place in Sharjah on October 24-25. Organised by the UAE-based global humanitarian organisation, The Big Heart Foundation (TBHF) with key partners, UNHCR, ...

DUBAI / WAM The Business Registration and Licensing (BRL) sector of the Department of Economic Development (DED), Dubai, issued 13,825 new licences in the first nine months of 2018. Among the new licences issued, 61.2% were commercial, 36.4% professional, 1.2% related to tourism and 1.1% were industrial. The ‘Business Map’ digital platform of Dubai DED saw 204,319 business registration and ...

Abu Dhabi / WAM The Abu Dhabi City Municipality has launched a Geospatial Information Management System (GIMS), a sophisticated smart electronic system for soil database that contains all geotechnical, geophysical, hydrological and environmental data, displayed on interactive geological maps. The project has been undertaken in the context of the Abu Dhabi Emirate’s vision, a strategic plan designed particularly for the ...

Dubai / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, inaugurated an ambient air quality monitoring station at the headquarters of the Ministry of Climate Change and Environment in Dubai. The station has been developed in partnership with BDH Middle East, a leading global supplier of the widest range of chemicals, glassware, apparatus, lab instruments, ...