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  Beijing / Bloomberg German Chancellor Angela Merkel and Chinese Prime Minister Li Keqiang sought to limit conflict over trade during talks overshadowed by angst in Germany about a Chinese company’s 4.6 billion-euro ($5.2 billion) bid for robot maker Kuka AG. “We don’t want a trade war,” Li told reporters in Beijing on Monday after the two leaders presided over ...

  Bloomberg As the U.K. agonizes over its relationship with Europe, the Bank of England is readying for turmoil. With just 10 days before a referendum that could see Britain withdraw from the European Union, central bankers are putting the defenses in place to shore up market confidence and the financial system if that happens. Tuesday will see the first ...

  Bloomberg Jean-Claude Juncker and Vladimir Putin may offer clues about the way forward for a controversial project to expand Russia’s gas interconnections with Europe this week. The European Commission president meets the Russian leader at a conference in St. Petersburg and may discuss ways a Gazprom PJSC-led consortium could be allowed to double the capacity of the Nord Stream ...

  Brussels / AFP Britain leaving the European Union would strip the bloc of a nuclear-armed global player and prove “disastrous” for its presence on the world stage, analysts say. The timing could hardly be worse, as the EU struggles with its biggest migration crisis since World War II and the continent facing a growing threat from terrorism fuelled by conflict ...

  Tokyo / Tribune News Service Japan’s Land, Infrastructure, Transport and Tourism Ministry has decided on a plan to relax the floor area ratio of buildings by 1.5 times, or up to an additional 300 percent, depending on respective conditions. The move is so that hotels can be rebuilt as bigger hotels on the same land area, The Yomiuri Shimbun ...

  Dubai / WAM Dubai Chamber of Commerce and Industry, in its continued quest to harness a robust and competitive business environment, has now commenced the evaluation of applications for both the Mohammed bin Rashid Al Maktoum Business Award and the newly launched 1st edition of the Mohammed bin Rashid Al Maktoum Business Innovation Award. The Mohammed bin Rashid Al Maktoum ...

  Abu Dhabi / Emirates Business Etihad Airways is celebrating 10 years of flying to Qatar this summer by launching nine additional weekly flights on the Abu Dhabi — Doha route reinforcing its commitment to one of the airline’s key markets in the Gulf. Effective August 1, the national airline of the United Arab Emirates will increase weekly frequency to ...

  ALKESH SHARMA / Emirates Business Social media has evolved much beyond its literal meaning. It is now not only limited to adding numbers in the friends-list or gaining likes on posts. Eventually, it has emerged as a potent tool for recruiting right talent for the 21st century corporate world. Among the GCC nations, UAE is leading the bandwagon with ...

  Bloomberg Al-Qaeda chief Ayman al-Zawahiri endorsed the Afghan Taliban guerrillas, a move that may boost the group’s insurgency in Afghanistan after President Barack Obama approved the expansion of the US military’s role in the war-plagued nation. Al-Zawahiri announced that he would “extend my pledge of allegiance” in a 14-minute online audio recording, Reuters reported on Saturday. “We’re still waiting ...

  Dubai / Emirates Business The summer travelling season has kicked off with a bang and, with Dubai Airports reporting ever-increasing numbers of travellers month on month, drawing in an impressive 7.24 million passengers in March of this year, travel insurance providers are preparing themselves for the surge in claims. A recent survey found that as many as 80 per ...