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Bloomberg Donald Trump and Angela Merkel got off to a prickly start at a NATO summit as the US president blasted Germany over its support for a gas pipeline from Russia, prompting a tart response from the chancellor. “It’s very sad when Germany makes a massive oil and gas deal with Russia where we’re supposed to be guarding against Russia ...

Bloomberg US President Donald Trump is pushing his trade conflict with China towards a point where neither side can back down. By August 30, as the US nears mid-term elections vital for Trump’s legislative agenda, the White House will be ready to impose 10 percent tariffs on $200 billion of Chinese-made products, ranging from clothing to television parts to refrigerators. ...

Bloomberg Investors’ confidence in the euro area and Germany took another knock as the escalation of trade tensions between the US and many of the world’s major economies cast a cloud over improving data. The ZEW Center for European Economic Research said its measure of investor expectations for Germany fell to minus 24.7 in July from minus 16.1 in June, ...

Bloomberg Uber Technologies Inc.’s head of human resources has resigned, becoming the latest high-profile executive to depart a ride-hailing giant only just emerging from a year of internal upheaval. Liane Hornsey’s exit came after an anonymous employee, emailing Uber’s whistle-blower account and Chief Legal Officer Tony West, threatened to go public with grievances if the company didn’t take action. The ...

New York / WAM The UAE has reaffirmed its deep commitment to protecting children in armed conflict, both by providing humanitarian aid and ensuring their long-term wellbeing. Lana Nusseibeh, Ambassador and Permanent Representative of UAE to the UN made the remarks while delivering the UAE statement at the United Nations Security Council Open Debate on Children and Armed Conflict, chaired ...

Beijing / WAM The UAE is participating in the China-Arab Cooperation Forum, which kicked-off on Tuesday in Beijing, in the presence of Chinese President Xi Jinping and a number of high-level delegations from Arab states, and Arab League Secretary-General Ahmed Aboul-Gheit. The UAE delegation is headed by Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State, and includes Yacoub ...

ABU DHABI / WAM The UAE remained in good standing at this year’s edition of the Global Innovation Index (GII) as it ranked number one in the Arab World and ranked 38th globally and 24th in the innovation input pillar. In addition, the country also demonstrated an increase in its innovation output pillar from 56th in 2017 to 54th this ...

ADEN / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, praised the humanitarian efforts of the Emirates Red Crescent (ERC), to alleviate the hardships of various vulnerable people and communities, especially the brotherly Yemenis, who are suffering the repercussions of the actions of the Houthi militias. She stated that the ERC’s efforts in Yemen have become ...

Bloomberg Grab is opening its app to external developers and fellow startups, as the company that bought out Uber Technologies Inc. in Southeast Asia tries to build a WeChat-like super-app that encompasses everything from maps and payments to food delivery. The move underscores the Singapore-based company’s newfound ambition to become an “everyday super-app” that helps millions of users carry out ...

Bloomberg Vodafone Group Plc said it received approval from the Indian government to combine with Idea Cellular Ltd., a deal first announced 16 months ago. India’s Department of Telecommunication has approved the merger provided arrears amounting to as much as $1.1 billion are paid to the government, according to the department’s order seen by Bloomberg. The outstanding amount is for ...