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Bloomberg The Trump administration said the US president still wants to meet China’s Xi Jinping in an effort to end the trade war, a sign of optimism as negotiators from the world’s two-biggest economies start their latest round of talks this week. “He wants to meet with President Xi very soon,” White House adviser Kellyanne Conway said on Fox News. ...

Bloomberg Sony Corp. promoted a marketing executive to become the new chief of its PlayStation business, the second management shuffle in less than two years at one of the company’s most important divisions. Jim Ryan will take over as president of Sony Interactive Entertainment effective April 1 after previously leading the division’s sales and marketing teams, the Tokyo-based company said ...

Bloomberg Zilingo Pte, a Singapore-based online fashion marketplace, raised $226 million to fund an expansion into the Philippines, Indonesia and Australia. Investors in the series D financing included Sequoia Capital, Temasek Holdings Pte, Burda Principal Investments, Sofina and EDBI, the company said on Tuesday without disclosing a valuation. The startup is valued at $970 million, according to people familiar with ...

Bloomberg T-Mobile US Inc. Chief Executive Officer John Legere heads to Capitol Hill this week to defend his proposed takeover of Sprint Corp., as doubts about the deal grow on Wall Street and opponents say it will raise monthly bills. Legere is set to appear Wednesday and Thursday before two House panels about the $26.5 billion tie-up, which would unite ...

Bloomberg Defending the incentive package to attract Amazon.com Inc.’s HQ2 to New York City, Mayor Bill de Blasio said the prospect of the tech giant bringing tens of thousands of jobs to the area was “mission critical.” “We had a real live choice to make —25,000 to 40,000 jobs, many of them good paying, that New Yorkers really want and ...

Bloomberg President Donald Trump likes to boast about his disruptive foreign policy style—calling North Korea’s leader “Little Rocket Man” or announcing plans to pull troops from Syria without notifying his top generals. But with Venezuela, Trump is playing it uncharacteristically straight, using textbook diplomacy that he usually shuns in seeking the ouster of President Nicolas Maduro. Instead of going it ...

Dubai / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Monday launched the Dubai International Best Practices Centre (DIBPC) on the sidelines of the World Government Summit, being held at Madinat Jumeirah, Dubai. The Crown Prince of Dubai HH Sheikh Hamdan bin Mohammed bin Rashid Al ...

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, received on Monday at Al Bahr Palace, Maria Fernanda Espinosa, President of the United Nations General Assembly (UNGA), at Al Bahr Palace, on Monday. Espinosa is currently visiting the UAE to take part in ...

DUBAI / wam The Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), described the UAE economy as “exemplary for emerging economies.” “I am very impressed by the economic diversification efforts made by the UAE and the new and innovative ways adopted by the country to accelerate new and innovative ideas, as well as increase and diversify foreign ...

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, is supporting the seventh edition of the World Government Summit (WGS 2019), as a strategic partner, and participating in several crucial sessions and meetings. At WGS 2019, the fund was recognised by the Global Council for Sustainable Development Goals for its efforts ...