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Bloomberg The longest government shutdown in US history could cause tens of thousands of businesses to make a tough choice about whether to claim one of the biggest perks in the Republican tax overhaul. Owners of so-called pass-through entities such as partnerships and limited liability companies have to file their businesses’ returns by March 15 — and still don’t have ...

Bloomberg Germany’s economy narrowly avoided a recession at the end of 2018 after a slump in industry raised concerns over Europe’s growth engine. There was a “slight” increase in gross domestic product in the three months through December, according to the Federal Statistics Office, which will publish official figures next month. But the quarter rounded out a year in which ...

Bloomberg Four years ago, General Electric Co made a commitment to win France’s approval to buy Alstom SA’s energy business: it would create jobs or pay a hefty fine. The Boston-based company pledged it would add 1,000 positions in France by end-2018, failing which it would pay the French government a fine of 50,000 euros ($57,000) for every job not ...

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, alongside leaders and representatives from the winners’ countries, presented awards to the 10 winners ...

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 a verbal message from President of China, Xi Jinping, regarding the strategic relations between the two countries. This occurred when he received Chinese President’s Special Representative, Member of the Political Bureau of the ...

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), said that the Foundation has managed to present a successful model to the world in term of innovation, through launching and supporting innovative and creative ideas. During a visit to ...

Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Ban Ki-moon, President and Chair of the Global Green Growth Institute (GGGI). During the meeting, which was held on the sidelines of the ADSW, the two sides explored the joint cooperation between the UAE and the World Green Growth Institute ...

Bloomberg Kim Jong-un told the world this month that North Korea took steps to stop making nuclear weapons in 2018, a shift from his earlier public statements. The evidence shows production has continued, and expanded. Satellite-imagery analysis and leaked American intelligence suggest North Korea has churned out rockets and warheads as quickly as ever in the year since Kim halted ...

Bloomberg China’s exports slumped in December as a rush of orders to beat expected tariffs showed signs of fading and as domestic buyers succumbed to a worsening economic outlook. The worse than expected figures, with exports falling 4.4 percent in December from a year earlier, set a grim domestic backdrop for China’s negotiators as they seek a deal to end ...

Bloomberg Samsung Electronics Co unveiled a new range of inexpensive smartphones for India, seeking to win back customers in the world’s fastest-growing smartphone market and regain ground lost to Xiaomi Corp and other Chinese rivals. The three M series devices, all priced below 20,000 rupees ($283) apiece, will launch on February 5 on the Samsung India online store as well ...