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Bloomberg President Donald Trump said a date and place have been set for his summit with North Korean leader Kim Jong Un and will be announced soon. “We have a date, we have a location,” Trump told reporters at the White House on his way to board the Marine One presidential helicopter. Trump didn’t reveal either the date or place ...

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, has said that UAE Armed Forces have played a vital role in a turbulent and dangerous regional and international environment in which it was surrounded by threats. His Highness Sheikh Mohamed bin Zayed Al ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, has said that the UAE’s Armed Forces are an example to be emulated when it comes to their efficiency and use of advanced weaponry, for the way they guard the sanctity of the country’s borders — preserving its achievements ...

Bloomberg The board of Flipkart Online Services Pvt has approved an agreement to sell about 75 percent of the company to a Walmart Inc.-led group for approximately $15 billion, according to people familiar with the matter, an enormous bet by the American retailer on international expansion. Under the proposed deal, SoftBank Group Corp. will sell all of the 20-plus percent ...

Bloomberg In the middle of a brand-new four-lane highway cutting through southern Sri Lanka’s jungle, Vijitha Gamage and his family left large piles of freshly harvested rice paddy to dry on the baking asphalt. They didn’t need to dodge traffic. On a recent afternoon, the barely used highway built with Chinese money through a rural stretch of the island nation ...

Bloomberg Two days of US-China trade discussions ended in Beijing with an agreement to keep on talking, and little else. China’s official Xinhua News Agency reported that both sides reached a consensus on some trade issues while acknowledging major disagreements on some matters. It said they would continue discussions, without providing specifics for when they would start again. Neither side ...

Bloomberg The European Union is leaving open the option of a settlement with President Donald Trump over his controversial metal tariffs on the basis of US import quotas, according to officials from the bloc. An EU condition for such a deal would be that any US limits on steel and aluminum from the 28-nation bloc be set at levels no ...

Bloomberg The US unemployment rate dipped below 4 percent for the first time in 17 years, but other details of the April jobs report kept any celebration in check. Despite reports of firms struggling to find skilled workers, average hourly earnings showed a deceleration, rising 0.1 percent from the prior month and 2.6 percent from a year earlier, both less ...

Wellington / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met Winston Peters, New Zealand’s Deputy Prime Minister and Minister of Foreign Affairs. During the meeting, the two sides discussed means to advance relations between the UAE and New Zealand, and to strengthen frameworks of cooperation across various sectors, including the trade ...

Dubai / Emirates Business Future Blockchain Summit, the world’s largest blockchain festival, hosted by Smart Dubai and organised by Dubai World Trade Centre (DWTC), opened its doors on Wednesday. From a world-class line up of speakers to game-changing signings, experts from around the world have come to Dubai – the future blockchain capital of the world. During her keynote speech ...