DUBAI / WAM Austria laid foundation stone for its pavilion in Expo 2020 Dubai, in the presence of Beatrix Karl, Commissioner-General, and Najeeb Mohammed Al-Ali, Executive Director, Dubai Expo 2020 Bureau. As part of Austria’s participation in Expo 2020’s Opportunity District, extensive activities are planned to further deepen the bilateral relations between Austria and UAE, as well as the whole ...

Bloomberg Chancellor Angela Merkel’s government is prepared to make a key concession to security hawks by tightening barriers aimed at Chinese equipment supplier Huawei Technologies Co, according to people familiar with the plans. A draft of security measures being rolled out by the German government aims to block Huawei components from entering the core network of the country’s ultra high-speed ...

Bloomberg President Donald Trump said China is “dying” to make a trade deal with the US and the first step of a broader agreement is close to being completed, but he’ll only sign it if it’s good for American companies and workers. “We’re close — a significant phase one deal could happen, could happen soon,” he said in a speech ...

Bloomberg Dutch prime minister Mark Rutte’s coalition government plans to lower daytime speed limits on Dutch highways in response to a court ruling on nitrogen pollution that halted construction projects and led to protests from farmers and builders. Under the plan, the maximum speed will be lowered to 100 kilometres per hour (62 miles per hour) during the day, said ...

Bloomberg Cheaper gas and electricity pushed UK inflation to its lowest rate in almost three years last month, bringing respite for Prime Minister Boris Johnson after two days of disappointing data. Consumer prices rose 1.5% from a year earlier, the smallest increase since November 2016, after a new energy price cap came into force, the Office for National Statistics said ...

Bloomberg Google’s top health and cloud executives said the company isn’t misusing health data from one of the biggest US health-care providers, pushing back against news reports that have triggered criticism from politicians of the search giant. Google employees only have access to patient information in order to build a new internal search tool for the Ascension hospital network, said ...

Bloomberg Elon Musk picked a glitzy event in Germany, a few hours’ drive from the birthplace of the internal combustion engine, to drop the news before some of the world’s biggest car bosses: Tesla Inc plans to set up shop in their backyard. The billionaire chief executive officer announced that Tesla will round out its global manufacturing network with a ...

Bloomberg India is considering changes to its dividend distribution tax, according to people with knowledge of the matter, in a bid to goad companies to boost spending and revive foreign fund inflows. The budget statement due in February may include a proposal to tax dividends once they are paid to shareholders, rather than the current system where the company pays ...

Bloomberg India’s headline inflation probably breached the central bank’s 4% medium-term threshold last month, but that surge — driven by high onion prices — is unlikely to distract monetary policy makers from their focus on growth. Economists pegged the gains in consumer prices at 4.35% in October, according to the median of 33 economists surveyed by Bloomberg. That would be ...

Bloomberg Nita Ambani, philanthropist and wife of Asia’s richest person, was named to the board of the largest US art museum after years of supporting exhibitions at the New York City institution. Ambani’s backing “has had an enormous impact on the museum’s ability to study and display art from every corner of the world,” Daniel Brodsky, the Metropolitan Museum of ...