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GENEVA / WAM The United Nations Human Rights Council (UN OHCHR) adopted the UAE’s third report on the human rights situation in the country as part of the Universal Periodic Review (UPR) during the 38th Session of the Human Rights Council held in Geneva from June 18 to July 6. The review identified the progress made over the past four ...

Bloomberg US intelligence agencies believe that North Korea has increased its production of fuel for nuclear weapons at multiple secret sites in recent months, NBC reported, citing unidentified American officials. The NBC report quoted US officials who said they believe that North Korean leader Kim Jong-un may try to hide those facilities as he seeks more concessions in nuclear talks ...

Bloomberg Mazda Motor Corp. became the latest auto company to condemn the Trump administration’s plans for potential car import tariffs, saying such duties would hit both the industry as well as US consumers. The Japanese manufacturer said it filed comments on the Commerce Department’s investigation into car-related imports, urging it to “reject the premise that auto imports are a threat ...

Bloomberg ZTE Corp. has appointed a new chairman from a state research outfit that backed its founding decades ago, taking another step toward cleaning house and freeing itself from a ban on American technology purchases. Shareholders voted in Li Zixue, the 54-year-old deputy director of the Xi’an Microelectronics Technology Institute, as chairman, according to a Shenzhen stock exchange filing. The ...

Bloomberg Less than halfway through his first year as chief executive officer of Novartis AG, Vas Narasimhan plans a third major transaction to narrow its focus on developing cutting-edge medicines. The Swiss drugmaker said that it will spin off its Alcon eye-care unit while using proceeds from the $13 billion sale of its stake in a consumer-health joint venture with ...

Bloomberg Canadian business sentiment is running at near-record levels with companies facing the strongest capacity constraints since before the recession, according to a survey by the central bank. The Ottawa-based Bank of Canada’s second-quarter survey of executives — which mostly took place last month before trade tensions escalated with the US — shows an economy in which companies are finding ...

Bloomberg US consumer spending rose less than forecast in May as outlays on services fell and Americans saved more of their incomes. Inflation topped the Federal Reserve’s goal by more than expected. Purchases rose 0.2 percent from April after a 0.5 percent advance that was less than previously estimated, Commerce Department figures showed. The Bloomberg survey median called for a ...

NEW YORK / WAM The UAE called for a zero-tolerance policy towards terrorism in all its forms including those who commit and support terrorism and reiterated its commitment to working with its regional and international partners to confront extremism and terrorism in order to restore stability in the Arab region at the UN General Assembly. Salem Al Zaabi, Head of ...

ABU DHABI / WAM The United Arab Emirates, Saudi Arabia, Bahrain and Egypt have decided to submit the issue of the sovereign airspace of the four Arab countries with Qatar which is being considered at the International Civil Aviation Organisation (ICAO) to the International Court of Justice (ICJ), on the grounds that ICAO was not competent to consider that dispute. ...

SEOUL / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADNOC Group CEO, met on Wednesday with South Korea’s Foreign Minister, Kang Kyung-wha, during a two-day visit to Seoul, aimed at strengthening economic ties with South Korea and exploring market growth opportunities in the energy sector. During the meeting Dr Al Jaber conveyed the greetings of ...