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Google, Salesforce invest in UK payments startup GoCardless

Bloomberg The venture capital arms of Alphabet Inc.’s Google and Salesforce.com Inc. are investing in UK payments startup GoCardless, which has raised an additional $75 million to fund expansion. The financing is being led by Adams Street Partners, GV, formerly known as Google Ventures, and Salesforce Ventures, GoCardless said in a statement. Existing investors Accel Partners, Balderton Capital, Notion Capital ...

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Japan frets over ‘nightmare scenario’ as Trump, Kim meet

Bloomberg When US President Donald Trump sits down to talk peace with North Korean leader Kim Jong-un later this month, one of America’s closest allies— Japan — will be looking on with apprehension. Like the first time Trump met Kim in June, Japanese Prime Minister Shinzo Abe has found himself on the outside peering in before their second summit set ...

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VP, Mohamed attend Idex, Navdex opening

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have attended the opening of the 14th International Defence Exhibition and Conference (Idex), and ...

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Mohamed tours Idex 2019

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, inspected the 14th International Defence Exhibition and Conference (Idex 2019), which began on Sunday at the Abu Dhabi National Exhibition Centre (Adnec). During his tour, His Highness Sheikh Mohamed bin Zayed visited the pavilions of ...

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Hazza bin Zayed opens Navdex 2019

Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, inaugurated the 5th Naval Defence and Maritime Security Exhibition, Navdex 2019, at the Abu Dhabi National Exhibition Centre (Adnec). His Highness toured the exhibition, which boasts a record of over 100 companies participating from over 20 countries, of which four countries are ...

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Gulfood 2019 opens in Dubai

Abu Dhabi / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, on Sunday opened Gulfood 2019, the 24th edition of the world’s largest annual food and beverage trade show at Dubai World Trade Centre (DWTC). The five-day exhibition, which runs until 21st February, has once again attracted high-calibre interest including ministers, ...

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China, Russia join for push to split US from Nato allies

Bloomberg If China and the US are in the midst of a divorce, Europeans look increasingly like the children. That was the impression given by a series of back-to-back appearances, from US President Mike Pence, Chinese politburo member Yang Jiechi, Russian Foreign Minister Sergei Lavrov and German Chancellor Angela Merkel. The speeches put growing great power rivalries on display, but ...

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Singapore planning cautious budget with an eye on polls

Bloomberg Singapore Finance Minister Heng Swee Keat will aim to strike a delicate balance in Monday’s budget: preaching fiscal prudence while doling out more social spending ahead of elections that could come as early as this year. While not expected to be as headline-grabbing as last year — when Heng flagged a hike in the goods-and-services tax — the 2019 ...

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Buyback spree alive in India as state firms join tech firms

Bloomberg India Inc. is extending a banner year for share buybacks. Seven weeks into 2019, two dozen companies led by technology major Infosys Ltd. have announced or completed plans to buy 170.5 billion rupees ($2.4 billion) of their own stock, according to data compiled by Bloomberg. This compares with about 545 billion rupees for all of 2018, which was the ...

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Canada seeks Pelosi’s support in push to lift US metal tariffs

Bloomberg Canada is asking US House Speaker Nancy Pelosi to help press the Trump administration to lift tariffs on its steel and aluminum exports. Canadian Foreign Minister Chrystia Freeland has said she met Pelosi and other Democrats on the sidelines of a global security conference in Munich. They discussed President Donald Trump’s tariffs on Canadian steel and aluminum imports, Canada’s ...

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