April, 2017

• 24 April

  ZonesCorp to showcase industrial projects at German exhibition

    ABU DHABI / WAM ZonesCorp announced its participation in the Hannover Messe exhibition, the world’s leading industrial technology show, being held in Hannover, until April 28. Saeed Eisa Al Khyeli, Director-General of ZonesCorp, said, “ZonesCorp’s participation this year in Hannover Messe is a valuable opportunity to showcase the success of the industrial sector in the Emirate of Abu Dhabi ...

  Read More »
• 24 April

  MoCCaE bans import of vegetables, fruits from selected countries

    DUBAI / Emirates Business The Ministry of Climate Change and Environment (MoCCaE) has banned imports of certain vegetables and fruits from select countries with effect from May 15 as those products have been found to contain pesticide residues in excess of permissible limits. The counties that will be impacted by the ban include Egypt, Oman, Jordan, Lebanon and Yemen. ...

  Read More »
• 24 April

  Xi urges restraint on N Korea in phone call with Trump

  

    Bloomberg Chinese President Xi Jinping called for restraint on North Korea in a phone call with Donald Trump, who also spoke with Japanese Prime Minister Shinzo Abe as the US and Japan began joint naval drills in the region. Xi — in his second confirmed phone conversation with Trump since their summit this month — urged all parties to ...

  Read More »
• 24 April

  Disappointment as Russian favorites lag in French race

    Bloomberg Even as the Kremlin called the French presidential election results a matter for the voters, Russian lawmakers and state-run media didn’t hide their disappointment at Emmanuel Macron’s victory. Macron won Sunday’s elections because voters were under pressure from the European Union and Germany, Konstantin Kosachyov, head of the International Affairs Committee in Russia’s upper house of parliament, wrote ...

  Read More »
• 24 April

  Afghan minister resigns after Taliban massacre of soldiers

    Bloomberg Afghanistan’s defense minister and the chief of army staff resigned on Monday, three days after more than 140 soldiers were killed in the Taliban’s deadliest assault in 16 years. As the government and the U.S. struggled to manage the deteriorating security situation, Abdullah Habibi and Qadam Shah Shahim stepped down with “immediate effect” following the attack at an ...

  Read More »
• 24 April

  For the sake of women

  

    PROVIDENCE, R.I. / AP Every submarine in the US fleet was designed with the height, reach and strength of men in mind, from the way valves are placed to how display screens are angled. That’s going to change. With women now serving aboard submarines, defense contractor Electric Boat is designing what will be the first Navy subs built specifically to ...

  Read More »
• 24 April

  India topples Japan as world’s second largest LPG importer

  

    Bloomberg India toppled Japan as the world’s second-largest importer of liquefied petroleum gas as Prime Minister Narendra Modi’s pledge to provide cooking gas cylinders to the poor and wean them off polluting fuels drove up consumption. Imports of LPG, mostly used as cooking fuel, soared 23 percent during the financial year that ended March 31 to 11 million tons, ...

  Read More »
• 24 April

  Oil halts five-day slide as OPEC backs extended cuts

  

    Bloomberg Oil rose for the first time in six days as an OPEC-led committee was said to back prolonging supply cuts and as other markets rallied after the first round of French presidential elections. Futures climbed as much as 0.9 percent in New York after slumping 6.7 percent last week, the first drop in four weeks. A six-month extension ...

  Read More »
• 24 April

  Australia’s LNG exports face review

  

    Bloomberg Australia’s competition regulator said the possible sale of natural gas intended for the country’s domestic market to overseas customers instead must be reviewed amid high wholesale prices at home. Ahead of a meeting Wednesday between Prime Minister Malcolm Turnbull and energy producers over Australia’s potential gas shortages, the regulator said the ability of the Santos Ltd.-led Gladstone LNG ...

  Read More »
• 24 April

  India gears up to roll out GST

  

    Bloomberg The challenge is daunting: Convert an economy of more than 1 billion consumers, 29 states, 22 official languages, 9 million businesses all operating under a spider’s web of taxes, arcane regulations and competing political ambitions into a unified common market. But that’s the goal as India gets ready to roll out a goods-and-services tax after a 10-year battle ...

  Read More »