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  Bloomberg The prospect of a trade war between China and the US elicits frequent warnings of the risk to the global economy. India sees it somewhat differently. Senior officials in Prime Minister Narendra Modi’s party say India stands to benefit from the tensions. President Xi Jinping will need India’s huge market as President Donald Trump threatens punitive measures against ...

  Bloomberg Toshiba Corp. has narrowed the number of bidders for its semiconductor business from about 10 interested parties to a smaller group that includes Taiwan’s Hon Hai Precision Industry Co. and Korea’s SK Hynix Inc., according to people familiar with the matter. The other remaining contenders include private equity firm Silver Lake Management and chipmaker Broadcom, which are collaborating ...

  Bloomberg The US dairy industry is appealing to President Donald Trump for help after Canadian companies halted some imports, exacerbating a glut of milk on the American side of the border and forcing one of the country’s biggest butter producers to scrap supply contracts with farmers. Some US dairy companies say that in the past week, they’ve lost all ...

  Bloomberg Twitter Inc. is dropping its free-speech lawsuit against the Trump administration over the government’s effort to unmask users critical of the president’s policies. Twitter said in a court filing, a day after it filed the case, that the US had withdrawn its summons to learn the identity of one of the so-called ALT handles purported to be the ...

  Dubai / WAM The Middle East Film and Comic Con (MEFCC) officially opened its doors at the Dubai World Trade Centre (DWTC) on Thursday. Director General of the Government of Dubai Media Office (GDMO) Mona Al Marri officially opened the event at a ribbon-cutting ceremony, in the presence of CEO of Dubai World Trade Centre and Director General of Dubai’s ...

  Kuwait / WAM As part of its commitment to strengthen cooperation and exchange expertise on innovation, the UAE Ministry of Finance (MoF) signed an MoU with Sabah Al-Ahmad Centre for Giftedness and Creativity (SACGC). The signing took place at SACGC’s premises. The MoU was signed by Fatima Yousef Al Naqbi, the Chief Executive Officer of Innovation at MoF, and Dr. ...

  Dubai /Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, hosted an event to celebrate Arab Manuscript Day at the Dubai Public Library Al Twar branch, in collaboration with Juma Al Majid Centre for Culture and Heritage. Visitors attended an ‘Arabic Manuscript in Risk’ lecture, which saw the participation of ...

  Abu Dhabi / Emirates Business Many of the world’s best chefs and culinary media have experienced Etihad Airways’ award-winning hospitality on their way to Australia for this week’s announcement of The World’s 50 Best Restaurants. As the Official Airline Partner of the 2017 event, Etihad Airways has had the honour of flying some of the biggest names in global ...

  Bloomberg China’s evolving means of selling government debt is masking the true extent of the government’s planned borrowing levels. The official budget deficit target is 3 percent of economic output, but that doesn’t include all government debt. One category falling outside of the forecast is off-book bonds — or special bonds as they’re known in China — whose sales ...

  Bloomberg Australian millennials have the second-lowest level of home ownership for their peer group, an HSBC Holdings Plc survey found, just ahead of an oil-rich absolute monarchy. Only 28 percent of Australians aged between 19 and 36 own a home, the survey of more than 9,000 people in nine countries showed. That was well below France on 41 percent ...