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Bloomberg Alibaba Group Holding Ltd. is looking beyond borders to turn its annual Singles’ Day shopping celebration into a global phenomenon. This Sunday, the Chinese internet giant is including sales from Lazada, the online shopping mall it controls. Southeast Asia’ biggest web retailer is becoming a key part of Alibaba’s plan to fuel growth, on top of the company’s efforts ...

Bloomberg Nike Inc. and LVMH, which have long struggled against knockoffs of their famous products, praised China’s efforts to fight intellectual property theft. US President Donald Trump has cited IP violations, including the counterfeiting of major brands, as justification for imposing tariffs on Chinese exports. But executives at the two companies were more charitable at the China International Import Expo ...

Bloomberg DowDuPont Inc. sought to reassure investors that its planned spinoff of one of the world’s biggest plastic makers will be unscathed by a groundswell of global concern about pollution. Jim Fitterling, who will lead the new company as chief executive officer, waved away worries that protests against plastic trash will weigh on the new stand-alone operation’s growth plans. He ...

Bloomberg Global trade tensions, Italy’s fiscal battles and US overheating pose risks to the euro-area economy, the European Commission warned as it lowered its forecast for the coming year. While the list of threats in the commission’s report aren’t a surprise, they come amid mounting signs of a persistent slowdown in the euro area. The European Central Bank has said ...

Bloomberg ASML Holding, Europe’s largest semiconductor equipment ma-ker, expects net sales to grow to 13 billion euros ($14.9 billion) by 2020, up from a previous forecast of 11 billion euros. The company already expected sales to reach the 11-billion euro mark for 2018. In a statement kicking off its investor day, ASML’s management said it expects to continue to return ...

SINGAPORE / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has visited Dubai Electricity and Water Authority’s Data Hub Integrated Solutions (MORO), a data hub that provides state-of-the-art data centre solutions and innovative business services. During the visit, Sheikh Hamdan was accompanied by Abdulla Al Basti, Secretary-General of ...

MURANO / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of Nama Women Advancement Establishment, Royal Patron of Irthi Contemporary Crafts Council, and wife of His Highness the Ruler of Sharjah, was in Murano, Italy, to attend the launch of the ‘Crafts Dialogue’. The Crafts Dialogue is a unique project bringing together the Nama affiliate, Irthi, and Barcelona-based Creative ...

Abu Dhabi / WAM The UAE Peaceful Nuclear Energy Programme has been recognised for its unique achievements and coordinated development during the 23rd Nuclear Inter Jura Congress. Held for the first time in the Middle East and hosted in Abu Dhabi by the Emirates Nuclear Energy Corporation (Enec), the congress was organised by the International Nuclear Law Association (Inla), in ...

ABU DHABI / WAM Twenty-seven of the world’s leading oil industry chief executives will gather, in Abu Dhabi, on November 11, to discuss the impact of digitalisation, technology and the Fourth Industrial Age on the future of the global oil and gas industry. The senior executives, representing many of the world’s major oil, gas and petrochemical companies, have been invited ...

Bloomberg Donald Trump, who spent the past two years wielding the powers of the presidency unbound by party or political convention, is now constrained. The Democratic takeover of the House of Representatives cripples his conservative agenda and opens the way for unfettered investigations into his scandal-plagued administration, his presidential campaign and his family’s business empire. His personal tax returns may ...