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Trump tax reform has states hungry for lower utility bills

Bloomberg It’s been less than a month since Congress approved a sweeping tax overhaul and states are already champing at the bit to get a piece of the action. Regulators from Montana to Kentucky have ordered utilities to act now to ensure ratepayers share in the windfall from the tax bill signed into law by President Donald Trump that slashed ...

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Trump warns democrats: No Mexican border wall, no DACA

Bloomberg President Donald Trump said Congress should enact a measure to provide legal status to young, undocumented immigrants, provided other proposals, including funding for a wall on the US border with Mexico, are also adopted — a compromise Democratic lawmakers have already rejected. “We want the wall,” Trump said at a press conference at Camp David in Maryland. “The wall ...

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Illuminated kerbstone replaces concrete pavements at Al Mina

Abu Dhabi / WAM The Abu Dhabi City Municipality (ADM) has accomplished the illuminated kerbstone trial project at Al Mina, constructed by the Capital of Construction for General Contracting Company at its own expenses, as part of the Year of Giving initiative. ADM avails the opportunity to companies and individuals to take part in these initiatives to boost the principles ...

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Al Zeyoudi discusses threats to fish stock

Dubai / Emirates Business His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, met members of Kalba Fishermen Association and Kalba Creek Fishermen Association. During the meeting in Kalba, he emphasized the importance of preserving the fish stock in the UAE and protecting fishing, one of the oldest professions in the region. His Excellency Dr ...

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ADNEC gears up to organise ADSW 2018 from Jan 13-20

Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (ADNEC) is finalising preparations to host Abu Dhabi Sustainability Week (ADSW) 2018 and its co-located events including World Future Energy Summit (WFES), International Water Summit (IWS), Zayed Future Energy Prize award ceremony, the eighth session of International Renewable Energy Agency (IRENA) Assembly, and the EcoWASTE exhibition. Held under the patronage ...

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Emirates Engineering receives ISO certification

Dubai / Emirates Business The calibration laboratory at Emirates Engineering has received the internationally recognised ISO 17025 accreditation making it one of the first players in aviation indu- -stry in region to achieve thisbenchmark and the first to obtain accreditation in electrical calibration. The certification was delivered by the Dubai Accreditation Department of Dubai Municipality. “Quality and accuracy are of ...

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US delays $125mn payment for Palestinians after Trump tweet

Bloomberg The US has delayed paying about $125 million to the United Nations agency that serves Palestinian refugees, said two people familiar with the matter, after President Donald Trump vented his frustration about getting no “respect” or help in the peace process despite American funding. The US, by far the biggest contributor to the UN Relief and Works Agency (UNRWA) ...

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Google invests in Chinese game-streaming service

Bloomberg Alphabet Inc.’s Google has joined a funding round for a Chinese games-streaming service, making its second direct investment there since largely withdrawing from the country in 2010. The Mountain View, California company is joining a Series D investment round for Chushou, whose name translates into “Tentacle,” a Chinese mobile-centric game live-streaming platform with 90 million registered users. Existing backers ...

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Modi’s worst growth year puts pressure on budget to spur economy

Bloomberg India forecast its economy will expand at the slowest pace since Prime Minister Narendra Modi came to power in 2014, piling pressure on his government to jump start activity before a national vote early next year. Gross domestic product will grow 6.5 percent in the year through March, the Statistics Ministry said, compared with the Bloomberg consensus of 6.6 ...

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US sees ‘much work’ to revise South Korea free-trade pact

Bloomberg Officials from the US and South Korea said further talks were needed to revise their free-trade pact, a negotiation straining ties between the allies as they grapple with Kim Jong Un’s growing nuclear-weapons threat. The US presented proposals to improve auto exports and lift trade barriers during a meeting with South Korea counterparts in Washington, Trade Representative Robert Lighthizer ...

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