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Bloomberg President Donald Trump’s campaign committee paid $50,000 in late June to the law firm now representing Donald Trump Jr. in the matter of a 2016 meeting with a Russian lawyer while seeking damaging information about Democrat Hillary Clinton. The June 27 payment to the Law Offices of Alan S. Futerfas came almost two weeks before news of the meeting—involving ...

Bloomberg Xie Shuijuan, a lifelong textile seller in Shaoxing, eastern China, says a clampdown by zealous officials on pollution caused by the local dyeing industry has boosted prices, squeezed her margins, and bankrupted some of her friends. Yet she’s not opposed. “This river used to smell in the summer and garbage floated on the surface,” Xie said, sitting in her ...

Bloomberg China’s drive to dominate the electric-vehicle market has claimed another overseas target. When Japanese electric-vehicle startup GLM Co. needed more funding to put its high-end sports car into production, domestic backers couldn’t muster the financing. The search for an investor ended this week, when a Hong Kong-based investment company called O Luxe Holdings agreed to purchase the firm for ...

Bloomberg First it was the collapsing oil price. Now it’s Britain’s quest to leave the European Union. There’s little respite for the country’s worst-performing property market. Home prices in Aberdeen, Britain’s oil hub on Scotland’s northeast coast, have fallen more than 10 percent over the past three years as the North Sea energy industry slumped. Now it’s the political backdrop ...

Bloomberg Argentina’s IPO market hasn’t had quite the jolt some investors were expecting. A year and a half after President Mauricio Macri took office, new share sales are slow to take off. Just one company has completed an international initial public offering. The delay comes as private companies wait for their valuations to rise, while taking advantage of their low ...

Bloomberg AT&T Inc. is planning major organizational changes to follow the $85.4 billion acquisition of Time Warner Inc., including a redefined role for Chief Executive Officer Randall Stephenson, as the telecommunications giant morphs into a media company. Stephenson will oversee a pair of CEOs who will independently manage the company’s telecommunications and media businesses, according to people familiar with the ...

DUBAI / WAM The Ministry of Finance (MoF) and the Federal Authority for Government Human Resources have launched the first phase of the ‘e-link’ project between the Financial Planning System, the electronic federal budget, “Hyperion”, and the Human Resources Information Management System in the Federal Government, “Bayanati”. The project has been launched to enhance financial planning and cash forecasts, support ...

DUBAI / WAM A delegation from the Roads and Transport Authority (RTA) headed by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA, visited France to check on the progress of work in the manufacturing of 50 new trains for the Dubai Metro. These trains will be supplied by the French Alstom Company as part ...

DUBAI / WAM Dubai is calling on the world’s most innovative companies to help find solutions to key strategic challenges as registration opens for the third cycle of Dubai Future Accelerators, the world’s fastest growing business accelerators programme, which is run by Dubai Future Foundation. The third cycle, to be held over nine weeks starting in October this year, will ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has announced that a high-level delegation is preparing for a visit to the Republic of Costa Rica, to enhance bilateral economic relations and serve mutual interest to achieve more growth and prosperity between the two countries. The delegation will include officials from a number of government agencies, representatives of ...