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Bloomberg A year ago, South Korean President Moon Jae-in was preparing to host Kim Jong-un on the southern side of their fortified border — a historic high-water mark that fuelled talk of a Nobel Peace Prize. Now, he’s heading back to Washington, hoping a direct appeal to US President Donald Trump can keep all that from slipping away. The South ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Muhammadu Buhari of Nigeria, discussed bilateral ties across multiple sectors, and exchanged views on issues of common interest. In a meeting held on Tuesday in Abu Dhabi, Sheikh Mohamed bin Zayed welcomed ...

BELGRADE / WAM The Serbian capital, Belgrade, on Tuesday hosted the ministerial meeting of the first session of the “UAE-Serbia Joint Committee.” The meeting was headed by Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, and Sinisa Mali, Minister of Finance of Serbia. The UAE delegation included several officials representing various federal and local government authorities and private ...

DUBAI / WAM Evo Morales, President of Bolivia, praised the relations between the UAE and Bolivia while highlighting the fact that the two countries enjoy many factors that encourage growth, especially in light of their promising economic, trade and investment capabilities. He made this statement while meeting Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, on the ...

Dubai / WAM The Business Registration and Licensing (BRL), sector of the Dubai Department of Economic Development, DED, has issued 2,459 new licences in March 2019, a growth of 35.4 percent compared to March 2018 (1,816). According to the department, the new licences have created 9,661 jobs in the labour market. “Among the new licences issued, 58 percent were commercial, 39.3 ...

Bloomberg Carlos Ghosn lashed out at Nissan Motor Co’s top ranks for playing “a very dirty game” by orchestrating his arrests in Japan and his ouster from its global alliance with Renault SA and Mitsubishi Motors Corp. Speaking in a video recorded before he was detained again, the former chairman of the three automakers said some Nissan executives conspired to ...

Bloomberg For decades, there was just one way for China’s car market: up. Once the trend abruptly reversed 10 months ago, the free fall in the world’s largest market has shown no signs of easing. Retail sales of sedans, sport utility vehicles, minivans and multipurpose vehicles continued their plunge in March, dropping 12 percent to 1.78 million units, the China ...

Bloomberg Developers have been trying for six years to build a 124-mile natural gas pipeline from Pennsylvania to New York. Despite winning a federal approval in 2014, the project is still no closer to reality. Enter President Donald Trump, who on Wednesday is poised to issue an executive order to promote projects like the long-stalled Constitution Pipeline, according to people ...

Bloomberg The US is urging allies to ban networking products from countries without independent court systems, an approach intended to block China’s Huawei Technologies Co. and ZTE Corp. from competing for new 5G telecommunications networks in Europe and Asia. Rob Strayer, the State Department’s deputy assistant for cyber policy, said in an interview that some European countries are signaling support ...

Bloomberg Two years after Britain had its first coal-free day since the Industrial Revolution, the nation’s network operator is readying itself for life without any fossil fuels. The grid may start dropping its need for natural gas power for short periods in about 2025, coinciding with coal’s complete phaseout. The system wants to be “zero-carbon capable” by then, said Julian ...