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Bloomberg US Secretary of Defense Lloyd Austin urged China to avoid “destabilizing actions” toward Taiwan in his first face-to-face meeting with Defense Minister Wei Fenghe since House Speaker Nancy Pelosi’s visit to Taipei in August. In talks Tuesday in Siem Reap, Cambodia, the Pentagon chief also called for the two sides to maintain open lines of communication and warned of ...

Bloomberg JD.com Inc. is slashing salaries for about 2,000 managers by 10% to 20% and diverting some of those savings toward a $1.4 billion employee benefits fund, aligning China’s No. 2 online retailer with Xi Jinping’s “common prosperity” campaign to share the wealth. Billionaire JD.com founder Richard Liu will donate 100 million yuan ($14 million) of his own money toward ...

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Serdar Berdimuhamedow of Turkmenistan on Monday discussed the deep-rooted ties between the two nations and explored opportunities for boosting collaboration. His Highness Sheikh Mohamed received President Berdimuhamedow at Qasr Al Watan in Abu Dhabi and expressed his wishes that their meeting would accelerate joint cooperation ...

Abu Dhabi / WAM Masdar Green Reit, the UAE’s first Real Estate Investment Trust to invest solely in sustainable real estate assets, has concluded the acquisition of property worth AED934 million ($254.28 million), taking its portfolio value to AED1.91 billion, with further assets identified for potential future investments. The announcement, made by the fund’s manager Masdar Capital Management Limited (MCML) ...

  Sharjah / WAM Khalid Jasim Al Midfa, Chairman of the Sharjah National Day Celebrations Committee, said that the emirate is preparing to celebrate the annual National Day, which will include UAE citizens, residents and visitors. On the occasion, he congratulated President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

Bloomberg Taiwan Semiconductor Manufacturing Co. founder Morris Chang said the congratulations he offered Chinese President Xi Jinping about the congress that his ruling Communist Party recently held were his own “personal” view. “Taiwan’s Presidential Office told me beforehand that if there was an opportunity, there was no need to avoid meeting or greeting him,” Chang said Monday at a press ...

Bloomberg The US and Chinese defense chiefs are likely to meet for their first talks since Beijing suspended dialog with Washington over House Speaker Nancy Pelosi’s August visit to Taiwan —the latest sign that ties between the two nations are stabilizing. US Defense Secretary Lloyd Austin would welcome a meeting with Chinese Defense Minister Wei Fenghe during a gathering of ...

  ABU DHABI / WAM The Abu Dhabi Department of Economic Development (Added) has announced the launch of the ‘Abu Dhabi Smart Manufacturing Index’, that guides and facilitates private sector players’ transition to Industry 4.0 technologies, applications, and methods as part of its rolling out of the initiatives and objectives set forth by the Abu Dhabi Industrial Strategy. Re-affirming the ...

  Dubai / WAM Dubai Future Academy, the capacity building arm of the Dubai Future Foundation (DFF), announced on Sunday the launch of three new digital courses to help promote future thinking techniques through a world-class educational experience. This falls in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of ...

  Dubai / WAM Hessa bint Essa Buhumaid, Minister of Community Development, inaugurated “Al Sanaa” pavilion for Emirati productive families at Global Village in Dubai, with the participation of 67 such families from October 25 to April 29, 2023, coinciding with the 27th season of Global Village. The opening was attended by Ahmed Aboul Gheit, Secretary-General of the Arab League, ...