ABU DHABI / WAM The UAE’s Minister of State for Foreign Affairs Dr Anwar Gargash on Sunday briefed members of the international diplomatic corps based in Abu Dhabi on the Arab coalition operation to liberate the Yemen port city of Hodeida from Houthi control. Commenting on the latest political, military and humanitarian developments, Dr. Gargash noted that the coalition forces ...

Sharjah / Emirates Business Sharjah’s plans to usher in an economic model built on equitable development will be explored at a panel discussion organised by the global publishing, research and consultancy firm Oxford Business Group (OBG) and set to place on June 24, at the Sheraton Sharjah Beach Resort & Spa. Titled, “Creating the Environment for Sustainable Economic Growth”, the ...

Bloomberg World energy ministers representing about two thirds of the global population tussled over how the world can achieve a cleaner energy future. The compromise answer: Natural gas, at least for now. A consensus statement from G20 energy ministers meeting in Argentina cited the potential of natural gas “to expand significantly over the coming decades.” Meanwhile, the group said that ...

Bloomberg Australia’s energy retailers face further government intervention in the market if they don’t move to lower power prices for consumers after a drop in wholesale charges, according to Energy Minister Josh Frydenberg. Wholesale charges have fallen by about 30 percent from last year and that should start to flow to customers, Frydenberg said on Sky News. While the companies ...

Bloomberg Rosneft PJSC’s said crude at $70 to 80 a barrel was a “comfortable level” and expressed satisfaction with the results of Russia’s joint supply cuts with OPEC, just a week before talks that could phase them out. The producers working together have “restored balance to the market by cutting oil production,” Russia’s biggest oil company said in a statement. ...

Bloomberg Germany’s Christian Social Union party will give Chancellor Angela Merkel a two-week deadline to meet its demands for overhauling asylum policy, the Bild Zeitung reported, in what would mark an unprecedented challenge to her authority that risks plunging the nation into chaos. The executive of the Bavarian party — an ally in Merkel’s government — will pass a resolution ...

Bloomberg President Donald Trump pushed back against criticism that he gave too much ground to North Korea at last week’s summit, saying the US “got so much” out of the meeting, including the return of American citizens. The president also defended his decision to halt military exercises with South Korea in the region, writing that the so-called war games can ...

Bloomberg UK Prime Minister Theresa May has been warned that rebels inside her own party could bring down her government if they don’t like the final Brexit deal she negotiates with the EU. Pro-EU former attorney general Dominic Grieve said he had sleepless nights worrying about the choice facing Parliament when May reaches an agreement with the bloc on terms ...

Bloomberg Colombians are voting in the runoff of the first presidential election since the demobilisation of the nation’s largest guerrilla group, with a market-friendly lawyer facing a leftist who wants to tax the rich. Polls predict a clear win for Ivan Duque, 41, who wants to cut taxes on company profits, over Gustavo Petro, 58, who wants to redistribute land ...

Bloomberg Former FBI Director James Comey was “insubordinate” in handling the probe into Hillary Clinton, damaging the bureau and the Justice Department’s image of impartiality even though he wasn’t motivated by politics, the department’s watchdog found. Although the report by Inspector General Michael Horowitz doesn’t deal directly with Special Counsel Robert Mueller’s inquiry into Russia meddling in the 2016 US ...