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North Korea cites ‘rumours’ of FBI link to embassy raid

Bloomberg North Korea says it’s monitoring “rumours” the FBI was involved in a recent raid on its embassy in Spain. In Pyongyang’s first public statement on the incident, an unidentified foreign ministry spokesperson said North Korea is tracking rumours that the FBI and an anti-North Korea group were involved in the “grave terrorist attack” on its embassy in Madrid on ...

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UAE reiterates commitment to robust climate action

Dubai / WAM During his participation in the High-Level Meeting on Climate and Sustainable Development for All, convened by Maria Fernanda Espinosa, President of the United Nations General Assembly in New York, Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, reiterated the country’s green commitment and support for ambitious and innovative global climate action. Delivering ...

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GFIA Abu Dhabi to spotlight innovations in agriculture

ABU DHABI / WAM The Global Forum for Innovations in Agriculture (GFIA), the leading exhibition and conference on sustainable agricultural solutions, opens on Monday at Abu Dhabi National Exhibition Centre (Adnec). The sixth edition of GFIA, will focus on how Artificial Intelligence (AI) can drive progress in agriculture towards increasing food production and ensuring food security in the Middle East ...

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UAE calls on UN to hold state-sponsors of terror accountable

NEW YORK / WAM The UAE called on the UN to hold Member States accountable for terrorism financing during a UN Security Council Open Debate on combating terrorism financing presided by France’s Foreign Minister Jean-Yves Le Drian. Earlier in the meeting, the Council unanimously approved Resolution 2462, introduced by France and co-sponsored by the UAE, requiring Member States to take ...

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Global Village world’s first ‘entity’ to get five-star safety rating

DUBAI / WAM Global Village, the world’s leading multicultural festival park and the region’s first family destination for culture, shopping, and entertainment, announced that it had successfully completed the prestigious best practice Five-Star Occupational Health and Safety Audit conducted by the British Safety Council. It is the world’s first entertainment destination to achieve this grading and is setting benchmarks for ...

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Unfair treatment of Huawei could damage Japan ties: China

Bloomberg Japan’s restrictions on Chinese technology could damage bilateral ties, a Chinese Commerce Ministry spokesman said in a warning that comes as the US has been pushing its allies to bar Huawei equipment from telecommunications networks as a security threat. Japan is preparing to announce the allocation of bandwidth for 5G communications next month and the tension over telecommunications with ...

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Australia, Singapore crack down on online media

Bloomberg Governments in the Asia Pacific region are accelerating efforts to fight malicious use of online media, unveiling laws that make it easier to target websites which enable distribution of criminal or fraudulent content. Australia said it will legislate “tough” new laws to prevent social-media platforms from being “weaponised” by terrorists and extremists who may use them to live-stream violent ...

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Lyft IPO’s biggest winner may be startups’ private valuations

Bloomberg Tech unicorns got a bounce in their step with Lyft Inc’s initial public offering valuing it at $22.4 billion after its first day of trading. Ride-hailing’s No. 2 provider in the US first raised its target range and then expanded its offering to raise $2.34 billion. While the shares closed up only 8.7 percent compared with the 21 percent ...

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Mondelez in talks to buy Campbell Soup int’l brands

Bloomberg Mondelez International Inc, the maker of Oreo cookies and Cadbury chocolates, is in advanced talks to acquire international brands being sold by Campbell Soup Co, people familiar with the matter said. Mondelez is negotiating final terms of a purchase of Arnott’s Biscuits, the Australian maker of Tim Tam cookies, and Danish butter-cookie producer Kelsen Group, according to the people. ...

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Trump’s dealmaking prowess tested in oil-farmers fight

Bloomberg If Donald Trump’s administration was looking for signs of easing tensions between two of his vaunted constituencies — blue-collar oil and rural farmers — a hearing in Michigan proves otherwise. The two sides exchanged heated comments at a public hearing over proposed changes by the Environmental Protection Agency (EPA) on ethanol policy. Oil refiners and agricultural proponents, including Iowa ...

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