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Bloomberg Tesla Inc. may nearly double the number of cars it’s selling in Russia after a mobile-phone retailer backed by billionaire Alisher Usmanov unexpectedly added electric vehicles to the line of gadgets it offers. Svyaznoy, co-owned by Usmanov’s wireless carrier MegaFon PJSC, said it received orders for 236 vehicles in June, the first month it started sales jointly with importer ...

Bloomberg It may be starting to sound like a broken record for emerging markets, with the twists and turns of US-China trade tensions likely to dominate investor concerns this week. That’s not to say Federal Reserve Chairman Jerome Powell’s two-day Congressional testimony and even the outcome of Monday’s meeting between Donald Trump and Vladimir Putin in Finland won’t have a ...

Bloomberg President Donald Trump began his meeting with Vladimir Putin in Helsinki on Monday, testing his campaign pledge to revive ties with Russia amid pressure to confront the Kremlin leader over election meddling and growing concern that the US is abandoning the current international order. The highly anticipated event started with a one-on-one session between the former property developer and ...

Abu Dhabi / WAM The UAE and China are keen to reinforce and strengthen their overall ties, including in the tourism sector. The strength of their bilateral ties has contributed to the significant growth of the number of Chinese tourists visiting the UAE, which totalled some one million tourists in 2017, as well as to their growing mutual commercial and ...

Abu Dhabi / WAM The Manarat Al Saadiyat Theatre in Abu Dhabi hosted the launch of the Arabic version of the book by Xi Jinping, President of China, on the sidelines of a cultural literary seminar that featured speakers from the UAE and China. The ceremony was attended by Sheikh Nahyan bin Mubarak Al Nahyan, Minister for Tolerance; Noura bint ...

DUBAI / WAM His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of Dubai International Financial Centre (DIFC) said that DIFC has played a highly positive and impactful role in Dubai’s economic development and diversification. Building on its world-class ecosystem, the centre has constantly strengthened its partnerships with leading financial institutions and attracted ...

ABU DHABI / WAM The Ministry of State for Federal National Council Affairs (MFNCA), held its regular coordination meeting with the FNC’s General Secretariat to discuss several joint projects and future plans that seek to promote political participation among the members of the community. The meeting was attended by the Secretary-General of the FNC, Ahmed Shabib Al Dhaheri, and Dr ...

Bloomberg US and North Korean officials met on Sunday to discuss the return of remains of American soldiers killed almost seven decades ago during the Korean War, with the talks offering a chance to ease tensions between the two sides as they argue over disarmament issues. The meeting began around 10 am Seoul time at the border village of Panmunjom, ...

Bloomberg Fortis Healthcare Ltd.’s board of directors chose IHH Healthcare Bhd. to take control of India’s second-largest hospital chain, ending a months-long takeover battle as the company wrestles with investigations over financial irregularities. Malaysia-based IHH’s offer would see $583 million invested directly in the company through a preferential allotment of shares at 170 rupees a share, according to a statement ...

Bloomberg MCH Group AG, the owner of Art Basel, is launching a new art fair in Singapore starting next year to take advantage of the growing wealth in Asia, which is minting millionaires faster than any other region in the world. The new expo, called ART SG, will hold its inaugural event in November 2019 with about 80 galleries from ...