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Bloomberg United Auto Workers (UAW) President Gary Jones, who led negotiations that ended an almost six-week strike at General Motors Co was expected to take a leave of absence Sunday amid reports he is involved in a years-long corruption scandal. Those allegations clouded contract talks with US automakers. “I do not want anything to distract from the mission,” Jones said ...

Sharjah / Emirates Business His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has said that Unesco’s selection of Sharjah as a ‘crafts and folk art’ city for the Creative Cities Network is a global endorsement of the emirate’s decades-long emphasis on bringing generations closer to their heritage and national identity, and carefully ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have launched a national project to create and design the UAE nation brand. His ...

ABU DHABI / WAM As part of the Ministry of Finance’s efforts to strengthen relations and develop financial and economic cooperation frameworks with other countries, Obaid Humaid Al Tayer, Minister of State for Financial Affairs, met Steven Mnuchin, US Treasury Secretary, in Abu Dhabi. Mubarak Rashed Al Mansoori, Governor of the Central Bank of the UAE, and a number of ...

SOFIA / WAM A high-level United Arab Emirates delegation has concluded a successful trip to Bulgaria, with both nations agreeing to further advance bilateral relations. UAE Minister of State Ahmed Ali Al Sayegh led the high-level delegation to the Bulgarian capital Sofia in a bid to further develop bilateral cooperation in a number of fields. In meetings with Bulgarian counterparts, ...

Bloomberg President Donald Trump renewed his attacks on Democrats’ impeachment efforts at his first campaign rally since the House voted to kick off the public phase of the accelerating inquiry. “The Democrat party has gone completely insane,” Trump told a cheering audience at a rally in Tupelo, Mississippi. He said the party is trying to overturn the 2016 election results ...

Bloomberg Hong Kong’s economy contracted sharply in the third quarter as it entered a recession, exceeding economists’ worst estimates of the damage from nearly five months of protests. Third-quarter gross domestic product retreated 3.2% from the previous three months, after a 0.4% contraction in the second quarter. That’s the worst slump since 2009, in the aftermath of the global financial ...

Bloomberg Samsung Electronics Co posted better-than-expected earnings and projected a gradual recovery in the memory chip market in 2020 as fifth-generation wireless technology rolls out globally. Shares in South Korea’s largest company climbed as much as 2% after it posted net income of 6.1 trillion won ($5.2 billion) for the September quarter, surpassing the 5.5 trillion won average of projections. ...

Bloomberg United Auto Workers (UAW) leaders endorsed a tentative agreement with Ford Motor Co and sent it to workers for a ratification vote after contract negotiations that lacked the drama surrounding the 40-day strike at General Motors Co. While the deal calls for the closing of an engine plant in Michigan, it also includes $6 billion of product investments in ...

Bloomberg Facebook Inc delivered better-than-projected third-quarter sales and steady user growth, proving that its business can endure increasing regulatory scrutiny and criticism over its immense reach and influence. The social-media giant’s monthly global user base grew by 35 million — including 3 million new users in the lucrative North American market, which had looked like it reached a plateau in ...