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Bloomberg North Korea fired what appeared to be a ballistic missile designed for submarines, testing President Donald Trump’s tolerance for weapons tests just hours after agreeing to restart stalled nuclear talks with the US. The South Korean military said the missile was fired near North Korea’s eastern Wonsan area just after 7 am on Wednesday and flew 910 kilometers (570 ...

Bloomberg Secretary of State Michael Pompeo kicked off a visit to Europe with talks that focussed on Italian concerns at the prospect of new US tariffs, just as the top American diplomat was drawn deeper into an impeachment inquiry into President Donald Trump. Pompeo met with Italian Prime Minister Giuseppe Conte at his official residence in Rome, on the first ...

Bloomberg BMW AG’s namesake brand was neck-and-neck with its German rival in the US last month, edging Daimler AG’s Mercedes-Benz by a mere 34 cars and keeping the race for sales bragging rights close into the final stretch. BMW posted a 6 percent gain in September, delivering to 27,467 cars and sport utility vehicles. The 3 Series sedan was up ...

Bloomberg A UK lawsuit filed against Google by millions of iPhone users over data-collection claims was given the go-ahead by London appeals judges who overturned an earlier ruling that had thrown out the case. The group, known as Google You Owe Us, were seeking as much as $3.9 billion, according to documents filed with the court last year. The organisation, ...

Bloomberg Ford Motor Co agreed to move most of its assets in India into a joint venture with a local partner after struggling for more than two decades to win over buyers in the world’s fourth-largest auto market. The deal effectively ends Ford’s independent operations in a country it wanted to become one of its top three markets by 2020. ...

Bloomberg WeWork named a new head of its Japanese operations, replacing a company veteran with close ties to former Chief Executive Officer Adam Neumann. Kazuyuki Sasaki, the former managing director of WeWork Japan, has been named its new CEO, the company said in a statement on Wednesday. Sasaki replaces Chris Hill, who has headed Japan operations since their start in ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the new vision of Dubai Culture, which outlines a comprehensive roadmap to consolidate Dubai’s stature as a global destination for culture, innovation and talent. His Highness Sheikh Mohammed approved the new vision during a visit to ...

Dubai / WAM The Abu Dhabi Department of Transport (DoT) on Tuesday announced that Etihad Rail has become the Premier sponsor of the 2019 World Road Congress. Taking place at the Abu Dhabi National Exhibition Centre (Adnec) between October 6-10, the prestigious global event is held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince ...

Dubai / WAM Bilateral trade between the Emirate of Dubai and the United States of America has risen 76 percent in a decade, said the Director-General of Dubai Customs, Ahmed Mahboob Musabih. Musabih’s remarks were made during a meeting between Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation, PCFC, and ...

Dubai / Emirates Business Often called the city of the future, Dubai has become synonymous with innovation and future-proofing its tourism linked economy. Dubai continues to spearhead sustainability initiatives, cultivating a key pillar within its tourism infrastructure by positioning Dubai as a world leading sustainable tourism destination and commercial hub. Such measures and initiatives remain at the forefront of the ...