Abu Dhabi / Emirates Business In line with its priority to raise awareness about the importance of sustainable development funding, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, hosted a lecture at Al Ain University (AAU). Drawing the participation of AAU students and faculty, the lecture outlined the Fund’s role in promoting sustainable development ...

Bloomberg Donald Trump will try to turn the corner this week after one of the most calamitous stretches of his presidency but heads into that next phase weakened by self-inflicted missteps that have left him on the defensive. Trump had aimed to use a partial trade deal with China and a US-brokered ceasefire in northern Syria to change the subject ...

Bloomberg The man at the centre of a Taiwan murder case that sparked months of violent protests in Hong Kong wants to turn himself in. But first Hong Kong and Taiwan must stop feuding over how that happens. Officials in Taipei have accused Hong Kong of playing politics by trying to get rid of a man accused of murdering his ...

Bloomberg Asked if the European Union hadn’t exposed its impotence during Turkey’s recent military offensive inside Syria, French President Emmanuel Macron was blunt in his response: “I share your outrage.” More than any other recent foreign policy challenge, the way that Turkey’s “Operation Peace Spring” against the Kurds unfolded has exposed the potential reality of a post-transatlantic world: The EU’s ...

Bloomberg Japan should rethink its rejection of offensive weapons, a senior US military officer said in Tokyo, while the US Coast Guard chief warned of China’s “antagonistic” behaviour in disputed waters. There needs to be a discussion between the government of Japan and the public about the threats that are out there, said the US military officer, who spoke to ...

Bloomberg Canadian Prime Minister Justin Trudeau was all set to retain power in a close election on Monday but lose his parliamentary majority, forcing him to rely on a left-leaning party to survive a second term. A Trudeau victory would avert an historic collapse for the Liberal leader who was elected four years ago on a wave of optimism and ...

Bloomberg Berlin’s governing parties struck a deal to freeze rents for five years, marking one of the most radical plans to tackle spiraling housing costs in a major city and hitting the shares of major apartment owners. The German capital’s aggressive efforts to clamp down on rent increases have sparked interest in cities from Amsterdam to New York. While renters’ ...

Bloomberg A group led by luxury property developer Nicholas Candy is considering making an offer for Capital & Counties (CapCo) Properties Plc, whose stock has cratered amid London prime real estate’s longest slump in decades. Capco’s shares rose 8% in London on Monday, valuing the firm at $2.8 billion. The stock had lost nearly half its value from its 2015 ...

Bloomberg Almost two weeks after 2.3 million people in California suffered through forced blackouts, the state’s utilities are warning they may have to cut power again with dry, gusting winds raising the threat of wildfires. At risk is supply to thousands who live and work in the mountains and valleys north of Los Angeles. A handful have already lost power, ...

Bloomberg The US minted more than than half the world’s new millionaires last year as investments in equities and tech stocks propelled assets higher. The world’s wealthiest country accounted for 675,000 new millionaires, according to Credit Suisse Group AG’s Global Wealth Report. Japan and China contributed the second- and third-most, according to calculations based on US dollars. A significant portion ...