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Bloomberg The head of the United Nations said he believes the US can still pull its weight on climate change, even though President Donald Trump is skipping a UN climate summit on Monday and has worked to roll back restrictions on everything from vehicle to power plant emissions. Cities and businesses are helping fill part of the void left by ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec), signed a Memorandum of Understanding (MoU), with the French National Radioactive Waste Management Agency (Andra), on the sidelines of the 63rd Annual Regular Session of the IAEA General Conference in Vienna, Austria. The MoU was signed by Eng. Mohamed Al Hammadi, Chief Executive Officer of Enec, and Pierre-Marie Abadie, Chief ...

Dubai / WAM Mohammed bin Rashid Space Centre (MBRSC), and Emirates Foundation, announced organising “Zayed’s Ambition” sessions during which school and university students, as well as the public, will get the chance to attend live video and radio sessions with Hazzaa Al Mansoori, the first Emirati astronaut, while onboard the International Space Station (ISS). The sessions will include a live ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, emphasised that Foreign Direct Investment (FDI) lows into Dubai in 2019 continued to grow remarkably, making the emirate one of the top three global FDI locations. This achievement has been made possible by the vision and leadership of ...

Dubai / WAM Dubai International Communication Committee (DICC), on Saturday showcased Dubai’s futuristic projects and major recent economic achievements at a meeting with senior leaders of UK’s Government Communication Service. Mansoor Abulhoul, the UAE’s Ambassador to the United Kingdom, attended the event held in London. At the meeting, DICC members highlighted how Dubai is transforming itself through innovation and is ...

Bloomberg The US will send a “moderate” number of American troops to the Middle East and additional missile defense capabilities to Saudi Arabia in response to last weekend’s attack on oil facilities, top Pentagon officials said. Secretary of Defense Mark Esper said that the decision represented a “first step” in the US response. He reiterated US statements that evidence collected ...

Bloomberg Huawei Technologies Co is making a Hail Mary bid to undo a US law that prohibits federal agencies and contractors from buying or using the Chinese telecom giant’s equipment because of the alleged risk of “cyber exploitation” by China. Lawyers for Huawei were due in federal court to convince a judge that the law is an unconstitutional attempt by ...

Bloomberg Chinese internet giant Alibaba Group Holding Ltd has agreed to invest in augmented-reality (AR) startup Perfect Corp in its biggest bet so far in Taiwan, people with knowledge of the matter said. Alibaba is leading a new round of funding for Perfect Corp, according to the people, who asked not to be identified because the information is private. Chinese ...

Bloomberg The trade war is taking its toll on Apple Inc, a new survey of Chinese consumer attitudes shows. The company tumbled to No. 24 in an annual report on China’s top brands, falling from No. 11 a year ago. In 2017, before the trade war started, Apple was fifth in this ranking. Meanwhile, Apple’s biggest local rival, Huawei Technologies ...

Bloomberg The OECD warned that a no-deal Brexit would push the UK into a recession, send investment and exports plunging and create damaging long-term fallout for the economy. In a report, the Paris-based group said exports would “immediately decline” by 8 percent, and uncertainty would put the brakes on business spending. While part of the trade shock would be absorbed ...