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Bloomberg After US sanctions crippled an entire Russian industry and air strikes in Syria threatened the first direct clash between nuclear superpowers since the Cold War, Vladimir Putin is seeking to dial down the tension. Russia’s leader wants to give President Donald Trump another chance to make good on pledges to improve ties and avoid escalation, according to four people ...

Bloomberg Salil Parekh didn’t get much time to settle in after taking over the helm of Infosys Ltd. Since becoming chief executive officer in January, the 53-year-old has crisscrossed three continents to meet with customers and employees to get his hands around the challenges facing India’s iconic tech-services giant. He talked with 48 clients in his first three months — ...

Bloomberg China has extended visa-free access to Hainan for another 33 — mostly European and South American — countries, as President Xi Jinping seeks to boost the tropical province’s popularity among foreign tourists. New regulations expanding the travel privileges to 59 nations come into effect in May, the official Xinhua News Agency said, citing the State Immigration Administration. Tourists from ...

Bloomberg IBM’s one-quarter growth streak is already in doubt. Shares of the technology company fell in early trading after it reported narrower profit margins and no revenue growth, excluding help from a weak US dollar. That cast a shadow over an effort to sell more-profitable cloud-based software to revive growth after five years of revenue declines. Though heading in the ...

Bloomberg Facebook Inc. is starting to comply with new privacy rules in Europe. And then, to get ahead of scrutiny everywhere else, the company said it will provide the same protections to the rest of its 2 billion users. Users in Europe this week will get notifications about some of the information they’re sharing, like their religion and political views, ...

Bloomberg US Supreme Court justices signalled they are divided about whether to let states start collecting billions of dollars in sales taxes from internet retailers that don’t currently charge tax to their customers. Hearing arguments in Washington in a South Dakota case, the justices considered overturning their 1992 ruling that made much of the inte-rnet a tax-free zone by exempting ...

ABU DHABI / WAM | Emirates Business Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, on Tuesday launched the 12th Cityscape Abu Dhabi 2018 exhibition, which is ...

BUCHAREST / WAM The UAE-Romania Joint Committee on Tuesday held its first ministerial meeting in the Romanian capital, Bucharest. The meeting was chaired by Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, and by Teodor Melescanu, Minister of Foreign Affairs of Romania. The meeting featured the presence of several high officials from the Government of Romania including Danut ...

Dubai / Emirates Business The automotive and spare parts companies operating in DP World’s flagship Jebel Ali Free Zone (Jafza) recorded business worth AED 39.5 billion in 2017. DP World, UAE region held a forum for automotive companies to celebrate the close ties with the industry and to highlight the sector’s position as a cornerstone of business growth in Jafza. ...

Abu Dhabi / WAM The Zayed Future Energy Prize has been renamed as the ‘Zayed Sustainability Prize’ as part of a strategic move to refocus its mandate. After ten years of successfully promoting renewable energy initiatives across the globe, the Prize will now broaden its focus to affect greater humanitarian impact by supporting a wider range of solutions to the ...