Bloomberg Intellectual property theft is one of the main points of contention in China’s dispute with Washington, and just days after President Xi Jinping promised to resolve the US’s “reasonable concerns,†China has announced an array of punishments for IP theft. The government set out a total of 38 different punishments to be applied to IP violations, starting this month. ...
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Euro area strikes deal on joint budget plan, new bond rules
Bloomberg Less than a decade after the financial crisis nearly tore the euro area apart, a long-anticipated push to shore up the single currency finally started taking shape at a meeting of the bloc’s finance ministers, though it will likely underwhelm those calling for tighter integration. The compromise struck on Tuesday after almost 16 hours of talks in Brussels paves ...
Read More »Apple reassigns marketing staff to boost iPhone sales
Bloomberg Apple Inc is experimenting with iPhone marketing strategies it rarely uses — such as discount promotions via generous device buyback terms — to help goose sales of its flagship product. Company executives moved some marketing staff from other projects to work on bolstering sales of the latest handsets in October, about a month after the iPhone XS went on ...
Read More »Brexit: Europe drug regulator unplugs from UK
Bloomberg Europe’s medicines watchdog is bracing to make do without one of its most trusted partners. The European Medicines Agency (EMA) stopped assigning work to the UK’s pharmaceutical regulator earlier this year, unsure whether the two organisations will need to stop collaborating after Britain leaves the European Union in March. Preparing for a potential split, the EU body has also ...
Read More »Pompeo to seek NATO aid to pressure Russia on N-treaty
Bloomberg Secretary of State Michael Pompeo was expected to use a gathering of NATO leaders on Tuesday to ramp up pressure on Russia over what the US has long said is Moscow’s failure to comply with a 1987 treaty on nuclear weapons. The US wants to “stay in sync†with American allies over how to address Russia’s non-compliance, according to ...
Read More »March of the Union represents message of love, pride
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, attended the March of the Union, on Monday, as part of the Sheikh Zayed Heritage Festival 2018 in Al Wathba, Abu Dhabi, on the occasion of the 47th National Day. Sheikh Mohamed bin Zayed ...
Read More »Youth should play a key part in Dubai Expo 2020’s mission
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed the importance of the involvement of youth in the Expo 2020 journey. Expo presents opportunities to inspire youth to be active contributors in shaping the future, His Highness said. Sheikh Mohammed’s remarks came during a visit to ...
Read More »UAE announces new extension to visa amnesty initiative
Abu Dhabi / WAM The Federal Authority for Identity and Citizenship announced a deadline extension to the “Protect Yourself by Adjusting Your Status” initiative. The initiative, which is being extended to December 31 upon the directives of the wise leadership and as part of the 47th National Day celebrations, aims to provide new opportunities for those who qualify but have ...
Read More »Sial Middle East 2018 to draw strong participation from GCC
Abu Dhabi / Emirates Business The ninth edition of Sial Middle East is set to feature country pavilions of Kuwait, Bahrain and Saudi Arabia, indicating a growing interest from the GCC countries to benefit from the sizeable opportunities created by the fastest-growing food, beverage and hospitality event in the region. Held in strategic partnership with Abu Dhabi Food Control Authority ...
Read More »UAE highlights its clean, renewable energy targets at COP24
KATOWICE / WAM The UAE delegation to the 24th Conference of the Parties, COP24, to the United Nations Framework Convention on Climate Change (UNFCCC), in Katowice, Poland, attended the official opening ceremony of the event and the High-level Segment for Heads of State and Government. The delegation joined attendees from more than 190 countries and territories at the meeting, aimed ...
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