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Bloomberg PSA Group Chief Executive Officer Carlos Tavares played down concerns about Brexit as he unveiled a plan by the French carmaker to invest in a factory near London in a bid to revive the Vauxhall brand it acquired last year. “We are hearing many remarks from the UK government that make us think that they are negotiating with the ...

Bloomberg Martin Sorrell’s once-undisputed control of the advertising giant he’s assembled over more than 30 years may be slipping away. The firm, WPP Plc, is investigating allegations of personal misconduct by the 73-year-old Sorrell. The company statement—along with a denial by Sorrell—was released after news of the probe was leaked to the Wall Street Journal, which reported that the accusations ...

Bloomberg Chinese companies scrambled to assess the impact of proposed US tariffs on 1,300 products as President Donald Trump took a swipe at companies making televisions to dishwashers but spared levies on other goods that might hurt US consumers. The wide-ranging list of products that may be hit with 25 percent tariffs includes malaria diagnostic test kits, sewing machines and ...

Bloomberg Companies owned by billionaires Mukesh Ambani and Sunil Bharti Mittal may raise as much as 365 billion rupees ($5.6 billion) selling bonds as the telecom titans build a war chest in what investors hope will be the home stretch in India’s bruising tariff war. Mittal-controlled Bharti Airtel Ltd., which sold its first-ever rupee bond of 30 billion rupees in ...

Bloomberg The triple alliance of Russia, Turkey and Iran, now the dominant actors in Syria’s war, is stepping up efforts to impose a peace. It may end up presiding over a partition. Russian President Vladimir Putin is meeting his Turkish and Iranian counterparts in Ankara on Wednesday for their latest summit on Syria’s future. The three leaders have buried their ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Tuesday received Sheikh Khalid bin Ahmed Al Khalifa, Minister of Foreign Affairs of Bahrain, on the sidelines of the Arab Media Forum. The Bahraini Foreign Minister conveyed the greetings of King Hamad bin Isa Al Khalifa of ...

TOKYO / WAM The Japanese Prime Minister, Shinzo Abe, received His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and his accompanying delegation. Sheikh Abdullah conveyed the greetings of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, attended the launch of the Arab Media Forum (AMF), on Tuesday. His Highness was accompanied by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and HH Sheikh Maktoum bin Mohammed ...

Abu Dhabi / WAM ADNOC Distribution on Tuesday announced a new customer-centric approach that provides its clients with a greater choice of services when purchasing fuel. From mid-April, customers at service stations in Abu Dhabi will have the choice of a new premium service, for a small fee, or a self-serve option. The premium and self-serve options will then be ...

Bloomberg An Indonesian cabinet member has threatened to shut down Facebook Inc. if there is any evidence the personal data of citizens is being harvested or the social media giant fails to crack down on “fake news” during upcoming elections. Amid continuing fallout over revelations the data of 50 million Facebook users was obtained by a firm that helped US ...