The UAE welcomes any efforts to defuse tension in the region and looks forward to see a calm, stable, developed and More…

The body of the royal was buried in its final resting place on Sunday.

FUKUOKA, Japan: The United States is open to further negotiations with China on their ongoing trade battle but any potential deal will wait until the two leaders meet at the end of the month, Washington’s top finance official said on Saturday. Speaking to reporters on the sidelines of a meeting of G20 finance ministers and […]

Washington, D.C.: United Technologies Corp and US arms giant Raytheon are in talks over a merger deal that could create one of the world’s biggest aerospace and defence companies, the Wall Street Journal reported on Saturday. According to the newspaper the two companies — which together have a market value of roughly $166 billion (Dh609 […]

Osaka: US Treasury Secretary Steven Mnuchin tweeted that he had a ‘candid’ and ‘constructive’ talk on trade issues with People’s Bank of China Governor Yi Gang. Mnuchin had earlier played down expectations for the meeting with Yi, which took place on the sidelines of a gathering of Group of 20 finance ministers and central bankers […]

London: UK manufacturers slashed output in April as the boost from Brexit stockpiling evaporated and car factories halted work, boding ill for the economy in the second quarter, figures on Monday are expected to show. Production fell by 1.4 per cent from March, the biggest decline since the start of 2017, according to a Bloomberg […]

FUKUOKA, Japan: The world’s top financial policymakers admitted Sunday that “intensifying” trade tensions pose a risk for the global economy, after a G20 meeting that laid bare differences between the United States and other nations. Following 30 hours of wrangling in what one official described as a “tense” atmosphere, the G20 finance minister and central […]

Washington: Uber’s second-in-command and its chief marketing officer will be leaving the company, CEO Dara Khosrowshahi announced Friday, in a major executive shake-up following the company’s initial public offering last month. Khosrowshahi told employees that Barney Harford, chief operating officer, and Rebecca Messina, chief marketing officer, will be departing the company as it consolidates executive roles […]

The International Space Station is a spacecraft that has been orbiting the Earth for nearly two decades.

Sheikh Mohammed chaired the Cabinet meeting on Sunday.