INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Russia to face new US sanctions unless ends Ukraine war in 10 days: Trump

Trump said the US economy would have "no chance of survival or success" if it could not impose duties on goods from foreign countries as a means of protecting itself. (AFP)
  • Trump -- flying back from Britain to Washington -- had already said on Monday that he was reducing a previous ultimatum of 50 days to between 10 and 12 days
  • "We're going to put on tariffs and stuff," he said, but "I don't know if it's going to effect Russia because obviously he wants to keep the war going."

Aboard Air Force One, UndefinedUS President Donald Trump said his deadline for Russia to end the fighting in Ukraine or face new sanctions will be in 10 days from Tuesday.

“Ten days from today,” Trump told reporters when asked what the exact deadline would be.

Trump — flying back from Britain to Washington — had already said on Monday that he was reducing a previous ultimatum of 50 days to between 10 and 12 days, but his latest comments indicated an apparently firm date at the end of next week.

Trump said that he had not heard from Putin on his threat. “I haven’t had any response. It’s a shame,” he said.

And the Republican appeared to play down the effect of his planned actions.

“We’re going to put on tariffs and stuff,” he said, but “I don’t know if it’s going to effect Russia because obviously he wants to keep the war going.”