May, 2018

• 1 May

  Dafza records continued growth in automotive firms

  

  Abu Dhabi / WAM The Dubai Airport Freezone Authority (Dafza), announced continued growth in the number of automotive, car parts and accessories companies within the free zone. The announcement was made during Automechanika Dubai 2018. The event, which specialises in automotive, automobile parts and accessories, is being hosted at the Dubai World Trade Centre from May 1-3. DAFZA’s sponsorship and ...

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• 1 May

  Space missions to help solve critical issues on energy, nutrition and ‘water’

  

  Abu Dhabi / Emirates Business The space sector will help solve critical issues around renewable energy, transportation, nutrition and water conservation according to His Excellency Dr. Ahmad bin Abdullah Humaid Belhoul Al Falasi, Minister of State for Higher Education and Advanced Skills and Chairman of UAE Space Agency, who spoke at the second day of the Global Aerospace Summit 2018. ...

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• 1 May

  Trump floats Kim summit in demilitarised zone, Singapore

  

  Bloomberg President Donald Trump said Monday his administration is considering holding a potential meeting with North Korea’s Kim Jong-un at the demilitarised zone marking the North’s border with South Korea, or in other countries, including Singapore. Trump, speaking at a joint White House press conference with Nigerian President Muhammadu Buhari, also expressed optimism that the summit would take place and ...

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• 1 May

  Trump hits at ‘leaked’ Mueller questions, says collusion ‘phony’

  

  Bloomberg Donald Trump assailed as “disgraceful leaks” the publication by the New York Times of four-dozen questions that Special Counsel Robert Mueller is said to want to ask the president concerning Russian involvement in the 2016 presidential election and his own actions in response to the probe. “So disgraceful that the questions concerning the Russian Witch Hunt were ‘leaked’ to ...

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• 1 May

  Manafort asks judge to probe FBI leaks

  

  Bloomberg Paul Manafort, the former campaign chairman for President Donald Trump, asked a judge to investigate FBI leaks of secret grand-jury information that came before his indictments. Manafort is seeking a hearing about leaks that he says interfere with his right to a fair trial in Alexandria, Virginia, where Special Counsel Robert Mueller signed an indictment accusing him of bank ...

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• 1 May

  Boris Johnson takes time with UK’s reply on Iran

  

  Bloomberg After Israeli PM Benjamin Netanyahu claimed Iran had misled the world over its atomic programme, he might have expected a swift reaction from UK Foreign Secretary Boris Johnson. Britain is, after all, one of the six signatories to Iran’s 2015 nuclear deal with world powers. But it was not until 19 hours after Netanyahu’s presentation that Johnson — among ...

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• 1 May

  UK proposes solutions over Irish border impasse

  

  Bloomberg The UK is proposing a new plan to kick-start stalled Brexit talks and make progress on the vexed issue of the Irish border as negotiations resume in Brussels this week. Brexit Secretary David Davis said he wanted to “move quickly” when talks restart on Wednesday in order to reach a solution to avoid a hard land border with Ireland ...

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• 1 May

  Dominican Republic forges China ties in Taiwan blow

  

  Bloomberg The Dominican Republic established diplomatic relations with China, in a new blow to Taiwan as Beijing seeks to isolate the self-governed island. Chinese Foreign Minister Wang Yi signed the joint communique with his Dominican counterpart to establish ties at ambassadorial level in Beijing on Tuesday, China’s Central Television said in a Weibo post. Taiwan cut its relations with the ...

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• 1 May

  US stocks start may lower, with eyes on Apple; dollar rallies

  

  Bloomberg US stocks opened lower on Tuesday, when much attention will be focused on Apple Inc.’s earnings report after the close. The dollar extended its rally, while UK equities climbed during a lackluster session in which many major markets were closed. The S&P 500 Index fell in morning trading, with industrial and energy stocks leading a broad-based, if shallow, decline ...

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• 1 May

  Plus500 hits record on crypto trades as Barclays mulls entry

  

  Bloomberg Plus500 Ltd., the brokerage for complex derivatives sold to retail investors, soared to the highest on record as demand for cryptocurrencies swelled, while British lender Barclays Plc signalled it may begin to trade in similar products. Shares in Plus500 surged to the highest level since the Haifa-based firm first sold shares to the public in 2013, as revenue more ...

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