Stocks in China have plummeted to an eight-month low, dashing hopes that the country’s economy was on its way to a strong recovery. After markets slumped nearly 3 percent on Friday, today saw China's blue-chip CSI300 index fall 2.1% to 3,065.62, while the Shanghai Composite Index lost 2.8%, dropping down to 2,832.11 points. China’s April trade data, which was released yesterday, further dampened the outlook with both exports and imports dropping more than expected.

Abu Dhabi Crown Prince arrives in India for AI Impact Summit
Bill Gates a no-show at India AI summit, event marred by organisational chaos
UAE President appoints new Federal Tax Authority chief
Uber expands into 7 new European markets in food-delivery push, FT reports
