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Trudeau notches big win with negotiated end to rail strike

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Bloomberg Justin Trudeau scored a major political victory with the negotiated end to a damaging Canadian rail strike that will only cement his government’s growing ties with organised labour. The prime minister’s reluctance to force an end to the strike of about 3,200 conductors and railyard operators at Canadian National Railway Co (CN) won him accolades from the union and ...

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UK carmakers warn of flimsy EU trade deal

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Bloomberg British automakers warned that the next UK government needs to deliver a “world-beating Brexit trade deal” to bolster their competitiveness and safeguard jobs following a split from the European Union. Carmakers need a frictionless border free of tariffs and customs, regulatory alignment and access to talent, the Society of Motor Manufacturers and Traders lobby group said ahead of the ...

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Merkel demands European 5G agency

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Bloomberg Angela Merkel said Europe should set up an agency that certifies components for the region’s fifth-generation wireless networks, in a bid to address safety concerns over equipment from Chinese suppliers including Huawei Technologies Co. The agency could set standards for components built into Europe’s 5G networks and be modelled on the European Medicines Agency (MDA), which evaluates pharmaceutical drugs ...

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China’s economy continues to slow for seventh month

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Bloomberg The earliest-available indicators of China’s economic performance point to a continued slowdown in November. Economic growth was already the slowest in almost three decades in the third quarter, and Bloomberg Economics’ gauge aggregating the earliest data from financial markets and businesses shows that continuing, with a worsening picture for trade, sales manager sentiment, and factory prices. While tensions with ...

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Thailand backs down on plan to ban 3 pesticides

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Bloomberg Thailand backed down on a plan to prohibit three pesticides from December 1 after coming under pressure from farmers, the US government and lobbyists for chemicals companies. The ban on paraquat and chlorpyrifos will be delayed until June 1 next year, industry minister Suriya Juangroongruangkit said in a briefing. Glyphosate — commonly sold as weedkiller Roundup — won’t be ...

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Kim bolsters nuclear threat to US as Trump talks stall

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Bloomberg It’s been about two years since Kim Jong-un launched a missile capable of hitting the entire US, declared his nuclear weapons programme “complete” and halted all ICBM tests. In that time, the North Korean leader has also become an even bigger threat to America. Kim’s testing freeze ushered in unprecedented diplomacy with US President Donald Trump, leading to historic ...

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UAE launches Smart Corporate Social Responsibility Platform

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended the launch of the Smart Corporate Social Responsibility Platform at the ongoing 3rd UAE Government Annual Meetings, which started in Abu Dhabi Monday. The platform, overseen by the National Corporate Social Responsibility Fund, is aimed at ...

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Fees of visa-on-arrival to six airports in India for Emiratis revealed

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Abu Dhabi / WAM Emiratis visiting India for a period not exceeding 60 days for business, tourism, conferences and medical purposes under the Indian government’s new visa-on-arrival scheme will be required to fill a form and present it along with their disembarkation card at immigration counters, the Ministry of Foreign Affairs and International Cooperation has said. It is advisable to ...

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GAC opens new branch at Hamriyah Free Zone

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Sharjah / WAM To further enhance its presence in the region’s market, GAC Group, one of the largest Swedish shipping and logistics companies, which offers complete logistics, freight forwarding and marine services with a globally known, world-class fleet, has opened a new full-fledged branch at the Hamriyah Free Zone. The move is part of GAC’s expansion plans and in conjunction ...

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Dubai issues 4,763 new licenses in October

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Dubai / WAM The Department of Economic Development (DED), in Dubai issued 4,763 new licenses for various professional, commercial, industrial and tourism activities in October. This comes in line with the continuing investor confidence in Dubai and new opportunities arising across diverse economic sectors. According to the Business Registration and Licensing (BRL), sector in DED 68.1 percent of the new ...

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