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Bloomberg President Donald Trump’s move to slap tariffs on at least $50 billion in Chinese imports is likely to be bad news for many of China’s exporters—as well as Americans who like Guess jeans or Nike sneakers. A vast amount of items used by US consumers—from Under Armour leggings to Bath & Body Works shower gel and Samsonite luggage—are sourced ...

Bloomberg After hitting pay dirt with investments in Alibaba Group Holding Ltd. and Xiaomi Corp., Singapore sovereign wealth fund GIC Pte is giving China as much attention as it does Silicon Valley in the search for the next big thing in tech. Valuations for some tech companies globally may be too high, and what differentiates a good investor from an ...

Bloomberg Apple Inc. is preparing to introduce new low-cost iPads and education software next week in a bid to win back students and teachers from Google and Microsoft Corp. In its first major product event of the year, Apple will return to its roots in the education market. The event on Tuesday at Lane Technical College Prep High School in ...

Bloomberg The UK government will direct Facebook Inc., Alphabet Inc.’s Google, Twitter Inc. and other tech companies to simplify their data management policies for consumers after disclosures about recent breaches, the Sunday Times reported. Matt Hancock, the UK digital, culture and media secretary, told the newspaper that the digital powerhouses were failing to provide users with clear and concise terms ...

Bloomberg Move over Russia, Ukraine and Saudi Arabia. The US looks set to join the group of countries embroiled in disputes at the World Trade Organization involving curbs imposed on national-security grounds. China said it would complain to the WTO about US President Donald Trump’s import tariffs on steel and aluminum after failing to win an exclusion, which Washington gave ...

Bloomberg President Donald Trump is poised to take his most aggressive actions yet against Russia on Monday, when he’s likely to announce the expulsion of dozens of diplomats in response to the nerve-gas attack on a former Russian spy living in the UK. The move, all but certain to provoke retaliation by President Vladimir Putin’s government, comes as Trump has ...

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, and President Nursultan Nazarbayev of Kazakhstan met in Abu Dhabi on Saturday and discussed ways of enhancing ties of friendship and co-operation between the UAE and Kazakhstan and took stock of the latest regional ...

Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), in Dubai, has launched the ‘Smart Training and Testing Yard’ for testing drivers at the Dubai Driving Centre in Al Quoz. The Yard is fitted with smart driver-testing vehicles capable of detecting areas of testing manoeuvres and driver’s ...

DUBAI / Emirates Business Abu Dhabi Ports inked a new agreement with the China Council for the Promotion of International Trade to explore new commercial opportunities between Chinese companies interested in investing in Khalifa Industrial Zone Abu Dhabi (KIZAD) and Khalifa Port Free Trade Zone (KPFTZ), which is considered the largest free trade zone in the region. The Memorandum of ...

DUBAI / Emirates Business During the Global Alliance for Building and Construction (GABC) Assembly, Dubai Land Department (DLD) was awarded membership to assembly’s executive committee along with prestigious international organisations from five other countries. The GABC Assembly was hosted by DLD and inaugurated by  Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, in presence of Sultan ...