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Bloomberg China’s ambassador threatened Germany with retaliation if it excludes Huawei Technologies Co as a supplier of 5G wireless equipment, citing the millions of vehicles German carmakers sell in China. Resistance against Huawei is growing among lawmakers in Chancellor Angela Merkel’s governing coalition, who have challenged her China policy with a bill that would impose a broad ban on “untrustworthy” ...

Bloomberg Japan Post Holdings Co is set to release a final report on missold insurance as early as December 18, and the findings will show more cases than an interim probe uncovered, the Yomiuri Shimbun reported. After speaking to more than 120,000 clients, a special investigation committee composed of external lawyers found 9,000 incidents of insurance sales at post offices ...

Dubai / 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, announced 2020 to be the year of preparations for the next 50 years. Declared ...

Abu Dhabi / WAM The Integrated Transport Centre (ICT), and Abu Dhabi General Services Company, Musanada, announced that work is progressing according to the agreed construction plan and in line with the set delivery schedule in the Sheikh Zayed bin Sultan Road extension project at Umm Lafina and Al Reem Islands at a total cost of approximately AED1.131 billion. Envisaged to ...

Bloomberg The US and China agreed to the first phase of a broader trade agreement that will see the US reduce tariffs, and at least temporarily calm fears of an escalating trade war between the world’s two largest economies. The deal announced hinges on China increasing purchases of American farm goods such as soybeans, and making new commitments on intellectual ...

Bloomberg A new law on Indian citizenship is threatening to pull Prime Minister Narendra Modi’s focus away from a flagging economy as protests and criticism builds against the divisive plan. The government was forced to call in the army to quell protests in some parts of the country after the parliament passed legislation that will prevent undocumented Muslim migrants from ...

Bloomberg Oil settled above $60 a barrel for the first time since missile strikes on Saudi Arabia sparked a record price surge three months ago. Futures closed 1.5% higher in New York, buoyed by a partial truce in the US-China trade war that has imperiled demand all year. “The market has just priced in this outcome to a certain extent ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Wednesday inaugurated the 22nd edition of Sharjah Islamic Arts Festival, under the theme, ‘Prospect’ organised by the Cultural Affairs Department at the Sharjah Department of Culture, at the Sharjah Art Museum. The Ruler of Sharjah toured the 31 exhibitions held in ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended on Wednesday the graduation of the second batch of the Mohammad bin Rashid Centre for Leadership Development’s Impactful Leaders Programme. Sheikh Mohammed bin Rashid said that investing in people will always reap dividends. “Our objective is to ...

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, stated that the diversity and pluralism of the Emirati community represent the true state of its richness that everyone is proud of, noting that the UAE has adopted a tolerant approach in its development drive He explained that tolerance and human fraternity are priorities of the UAE’s ...