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  DUBAI / WAM The Dubai Chamber of Commerce and Industry (DCCI) recently led a delegation of UAE business leaders to Tashkent, Uzbekistan, to explore trade and investment opportunities within the country’s agricultural sector. Dubai Chamber organised the trade mission in partnership with the UAE Embassy in Uzbekistan, the Embassy of the Republic of Uzbekistan in the UAE, the Chamber ...

  Bloomberg European Union governments threw down the gauntlet to the U.K. ahead of Brexit talks, listing demands Prime Minister Theresa May must satisfy before they will discuss the trade deal she wants and urging her to be more realistic in her expectations. Any doubts about the scale of the task facing Britain in withdrawing from the EU after four ...

  Bloomberg The world’s two biggest shipbuilders reported profit and issued an improved outlook, indicating South Korea’s shipyards may finally be emerging from two years of restructuring. Daewoo Shipbuilding & Marine Engineering Co., which averted a payment crisis this month after bondholders agreed to a debt revamp, said it is set to deliver more than 30 liquefied natural gas carriers ...

  Bloomberg China’s official factory and services gauges pulled back from multi-year highs, dimming the outlook for the sustainability of the past two quarters’ acceleration in economic growth. Manufacturing purchasing managers index fell to 51.2 in April from an almost five-year high of 51.8 in March, missing the median estimate of 51.7 in a Bloomberg survey and falling short of ...

  Bloomberg Want Want China Holdings Ltd., one of China’s largest processed-foods companies, is expanding into the lucrative niche market for soy and other plant-based milk products as Chinese families spend more for healthy options. The Hong Kong-listed company plans to introduce its line of soy and oat milk this year as it forecasts the market for plant-based milk will ...

  Bloomberg India will overtake Germany in 2022 as the world’s fourth-largest economy and push Britain out of the top five, based on analysis of growth projections by the International Monetary Fund. But the challenges the South Asian nation must surmount to get there are many. These include executing a wide-ranging overhaul of the tax system, sorting out the biggest ...

  Bloomberg Puerto Rico bondholders rejected Governor Ricardo Rossello’s debt-restructuring proposal days before a May 1 deadline to craft a deal or face a potential wave of creditor lawsuits. The Caribbean island is offering holders of its general-obligation bonds 77 cents on the dollar while proposing 58 cents on the dollar for its sales-tax debt, according to the commonwealth’s latest ...

  Bloomberg Foxconn Technology Group, the maker of Apple Inc.’s iPhones, said it plans a big increase in investments in the US after billionaire Chairman Terry Gou visited the White House over consecutive days, including a meeting with President Donald Trump. “We are engaged in discussions with officials at various levels of government regarding our ongoing plans to significantly increase ...

  Abu Dhabi / Emirates Business Abu Dhabi benefited from increased industrial investments over the past years as a result of efforts to achieve economic diversification, a strategic objective of the Abu Dhabi Plan and the emirate’s economic vision, with integral facilities and world class logistical and organizational capacities provided. Seeking to support the industrial sector, the Emirate of Abu ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched on Saturday the UAE Soft Power Council, which will define a comprehensive strategy to reinforce the country’s position and consolidate its values of respect and appreciation with governments and citizens across the world. The UAE Soft Power Council ...