Bloomberg Some of China’s biggest manufacturers that supply US multinationals from Walmart Inc. to Nike Inc. find themselves in President Donald Trump’s crosshairs as his administration discusses new import tariffs. The US is considering taxing imports from shoes and clothing to consumer electronics, putting on the hook companies including Yue Yuen Industrial Holdings Ltd. and Li & Fung Ltd. that ...

ABU DHABI / WAM The UAE Central Bank has announced that the money supply aggregate M1 increased 1.1%, from AED492.4 billion at the end of December 2017 to AED498 billion at the end of January 2018. In a statement, the bank said, “The money supply aggregate M2 increased by 0.1%, from AED1276.2 billion at the end of December 2017 to ...

Abu DHABI / Agencies Etisalat, the biggest telecommunications company in the United Arab Emirates, is seeking to buy back stock valued at as much as $2 billion. The shares climbed. The board of Emirates Telecommunications Group, also known as Etisalat, recommended purchasing up to five percent of the phone operator’s paid-up capital, or 434.8 million shares, the Abu Dhabi-based company ...