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Bloomberg SoftBank Group Corp, facing skepticism of its investment strategy, conveyed a message to Wall Street: Now is the time to invest. Masayoshi Son, SoftBank’s founder and chief executive officer, (CEO)told a roomful of fund managers and financial institutions at a private meeting in New York that recent market declines present an opportunity to take stakes in companies at discounted ...

Bloomberg President Donald Trump sought to show his personal engagement in the fight against coronavirus, meeting with drug company executives to elicit promises of new medicines and announcing he’ll visit federal health agencies later in the week. At the White House meeting, executives from Gilead Sciences Inc, Johnson & Johnson, GlaxoSmithKline Plc, Sanofi, Pfizer Inc and other manufacturers told Trump ...

Bloomberg Twitter Inc is “strongly encouraging” its almost 5,000 global employees to work from home due to concerns over the spread of the Covid-19 coronavirus, the company said. The social media company made the suggestion as part of a blog update one day after it suspended all non-critical travel for workers, including pulling out of the South by Southwest conference ...

Bloomberg British farmer Richard Bramley should be about to plant barley and sugar beet on his land near York. Instead, he’s watching the waves roll over his flooded fields. Bramley, like other growers across the UK, had been hoping to catch a break after heavy rains spoiled grain plantings late last year. But the wettest-ever February has submerged fields, making ...

Bloomberg Russia’s military conducted “indiscriminate” bombardments against civilians in Syria last year, and human rights violations in the nine-year-old conflict continue to multiply, according to a United Nations panel investigating the conflict. In one attack last year, Russian airstrikes targeted a compound of displaced civilians in a rural area that was surrounded by agricultural fields in southern Idlib, according to ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched 8-language ‘Mystery Shopper’ application to enhance the role of customers, and measure the performance of government entities and efficiency of the services they provide. His Highness Sheikh Mohammed affirmed, “That every individual in our community in the ...

DUBAI / WAM The United Arab Emirates has facilitated a mission by the World Health Organisation (WHO) to deliver medical supplies and equipment to Iran in a bid to help contain the new coronavirus, Covid19, in the neighbouring country. The UAE Air Force deployed an aircraft that carried 7.5 tonnes of cargo from Dubai to Iran on Monday afternoon. Dubai’s ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has announced the launch of a new “payment as a platform” for merchants, consolidating a full range of payment needs into a single, digital-first package. The platform can converge card payments, new payment methods including domestic and international digital wallets, loyalty programmes, QR solutions, and value-added services such as buy-now-pay-later and ...

DUBAI / WAM As part of the directives of the wise leadership to support charitable and humanitarian causes, the Islamic Affairs and Charitable Activities Department in Dubai (IACAD) on Monday announced that the construction of the Zayed Dialysis Centre is approximately 36 percent complete. The centre, located in the Al-Twar 3 area, is a joint project between the IACAD and ...

Bloomberg North Korea launched two unidentified projectiles off its eastern coast, South Korea’s defense ministry said, a move that comes just after the year anniversary of the failed Hanoi summit between leader Kim Jong-un and US President Donald Trump. The projectiles were launched on Monday from an area near the North Korean coastal city of Wonsan, the South Korean defense ...