ABU DHABI / WAM The Department of Economic Development – Abu Dhabi (DED), has issued two decisions to facilitate economic activities in Abu Dhabi as part of the initiatives and incentives provided to the private sector companies and entreprises operating in the Emirate. These decisions will help improve the Emirate’s ranking in the Doing Business and Global Competitiveness Reports. The ...

Bloomberg Kim Jong-un presided over a tempered military parade on Sunday, in the latest sign that he wants to revive stalled nuclear talks with the US as he pushes for North Korea to rejoin the international community. Kim marked the 70th anniversary of his grandfather’s regime without showing off provocative hardware such as long-range ballistic missiles that would likely have ...

Bloomberg A turbulent Swedish election campaign came to an end with little sign of compromise ahead as the establishment parties pleaded with voters to beat back an ascendant nationalist movement. The center-right and center-left blocs were in a virtual tie with voting starting on Sunday as the conservative-led opposition gained ground in recent days. But the blocs will be far ...

Bloomberg Boris Johnson opened a fresh attack on Prime Minister Theresa May, calling her approach to taking the UK out of the European Union “a humiliation” for the nation. The former foreign secretary wrote an article for the Mail on Sunday newspaper to savage her policy of keeping Britain closely tied to EU trade rules after Brexit. “Under the Chequers ...

Bloomberg Italians may feel they’ve seen this story before as the country’s top politician lashes out against magistrates who have put him under investigation and blocked his party’s finances. But this time it isn’t Silvio Berlusconi. Deputy Premier and League leader Matteo Salvini has launched a series of attacks on prosecutors who “haven’t been elected by anyone” after being notified ...

Bloomberg South Africa’s former President Jacob Zuma and other top figures in the ruling African National Congress (ANC) met secretly this week to discuss a strategy to remove his successor Cyril Ramaphosa, the Sunday Times newspaper reported, without citing anyone. Zuma held talks in Durban on Thursday with party allies, including ANC Secretary General Ace Magashule and former premier of ...

Bloomberg Returning from vacation is a drag — in life, in stocks. True to form, September started with the worst S&P 500 retreat since June. Anyone hoping last month’s momentum would persist was disappointed. After hitting a record on August 29, the index has fallen on five of six days, with the twin tech pillars of semiconductors and the FAANGs ...

Bloomberg China’s currency outperformed its Asian emerging market peers this week, as state-owned banks were said to have squeezed short sellers last week before a potential wave of new US tariffs. After five months of declines, the offshore yuan was poised to become the strongest emerging market Asian currency in the first week of September. State-owned banks bought yuan forward ...

Bloomberg India’s efforts to sell a $1.6 billion stake in Oil & Natural Gas Corp. has run into concerns that government policies on fuel pricing would weigh on the state-run explorer’s share price, according to people with knowledge of the situation. Investors and fund managers that met with Indian government officials during a US roadshow last month voiced concern that ...

Bloomberg Duke Energy Corp., one of the largest US utility owners, is giving up on building new nuclear plants. For the first time since 2005, the company didn’t include the prospect of adding more reactors to its fleet in long-term plans filed with state regulators. The move comes about a year after Duke cancelled plans to build a nuclear plant ...