Bloomberg US stocks pared losses after a gauge of US manufacturing hit a 14-year high, bolstering confidence in the world’s largest economy. The dollar climbed as trade tensions persisted and emerging markets remained under pressure. The S&P 500 was little changed after falling as much as 0.5 percent. Nike Inc. fell amid a politically controversial ad campaign and Facebook Inc. ...

Bloomberg South Africa’s rand headed for its weakest level in more than two years after data showed the country’s economy had slipped into a recession for the first time since 2009. Government bonds fell the most in 10 months as credit risk jumped and stocks took a hit. The rand slumped as much as 3.2 percent, leading emerging-market currency declines ...

Abu Dhabi / Emirates Business HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF) has stated that the selection of two Emiratis as the first UAE astronauts to travel to the International Space Station (ISS) is an unprecedented historic achievement ...

Abu Dhabi / WAM The UAE spends more on direct emergency humanitarian aid to Yemen in 2018 than any country on earth, according to the Financial Tracking Services. Established in 1992 as a follow-up to UN General Assembly Resolution 46/182, FTS is managed by the UN Office for the Coordination of Humanitarian Affairs (OCHA) to track humanitarian aid flow. The ...

Abu Dhabi / Emirates Business Etihad Airways has offered its heartfelt congratulations to Emiratis, Hazza Al Mansouri and Sultan Al Nayadi, who have been selected as the first Arab Nationals to visit the International Space Station. Hazza and Sultan were chosen ahead of more than 4,000 candidates for the landmark mission to the habitable satellite hovering above earth. The Emirati ...

Dubai / WAM The inaugural Artificial Intelligence (AI) Week Middle East, a first-of-its-kind AI event in the region, got underway on Tuesday in Dubai. Endorsed by the Dubai Municipality and supported by the UAE Ministry of Health and Prevention as healthcare host partner, the event takes place during September 4-5 at the Park Hyatt, and dives deep into the field of ...

Dubai / WAM The importance of gastronomy in ensuring healthy eating was one of the main topics addressed by Mariam Hareb Almheiri, Minister of State for Food Security, at the World Food Summit 2018, which took place in Copenhagen, Denmark. Titled ‘Better Food for More People,’ this year’s summit saw the UAE minister join senior European and global dignitaries in ...

Dubai / WAM Dr Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, on Tuesday officially inaugurated the Middle East region’s premier B2B event for the natural stone, marble and ceramics industry. Welcoming recognised industry brand names from around the world, Dr Thani Al-Zeyoudi toured the exhibition and met many company representatives who have gathered in Dubai for the ...

Bloomberg US President Donald Trump warned Syrian President Bashar al-Assad and his Russian and Iranian allies against “recklessly” attacking the northwestern province of Idlib, the last major holdout of rebels in the country’s seven-year-old civil war. Donald J. Trump @realDonaldTrump President Bashar al-Assad of Syria must not recklessly attack Idlib Province. The Russians and Iranians would be making a grave ...

Bloomberg US Special Counsel Robert Mueller’s investigation should have just gone out of business—or at least into a two-month deep freeze—if you take Rudy Giuliani’s word for it. Giuliani, President Donald Trump’s lawyer, has maintained for weeks that September 1 was a deadline under Justice Department guidelines for Mueller to finish his Russia probe to avoid improperly affecting the midterm ...