NEW YORK / WAM At the 59th Session of the Commission for Social Development at the UN, the UAE underscored the importance of digital technologies, universal accessibility, and affordable connectivity to achieve the Sustainable Development Goals and promote social development at the UN. Hessa Tahlak, Assistant Undersecretary of Social Development, reflected on how the UAE has made new and emerging ...

BRASILIA / WAM Saleh Ahmed Al Suwaidi, UAE Ambassador to Brazil, discussed with Tarcísio Gomes de Freitas, Minister of Infrastructure of Brazil, ways of advancing overall cooperation between the UAE and Brazil, most notably in the infrastructure and investment sectors. They also addressed Brazil’s participation in Expo 2020 Dubai. During the meeting, Al Suwaidi stated that relations between the two ...

Bloomberg UK Chancellor Rishi Sunak plans to introduce new visas for financial technology workers in next month’s budget, part of a package of proposals in a report aimed at boosting the industry in the country, according to newspapers. The fast-track visa program is designed to lure global talent to Britain’s fintech companies and will mirror a similar policy for scientists, ...

Bloomberg Nedbank Group Ltd is leading discussions to restructure South African power utility Eskom Holdings SOC Ltd’s $32 billion debt load, according to people familiar with the talks. The parties met in recent days, and one of the options is to transfer at least 100 billion rand of debt to a special-purpose vehicle that would be overseen by the Public ...

Bloomberg A Nigerian court restricted Royal Dutch Shell Plc’s access to its bank accounts in the West African country amid a legal dispute with a local oil producer over a pipeline deal six years ago. Aiteo Eastern E&P Co Ltd is demanding billions of dollars in damages, claiming Shell misrepresented the condition of the pipeline and under-counted the volume of ...

Bloomberg A Boeing 777-200 operated by United Airlines made an emergency return to Denver International Airport following an engine failure that rained debris on a city suburb. The airline said no-one aboard was injured. United Flight 328 was headed from Denver to Honolulu when the incident occurred around 1:30 pm, Federal Aviation Administration (FAA) spokesman Allen Kenitzer said by email. ...

Bloomberg Malaysia’s high court ordered that struggling budget carrier AirAsia X Bhd’s largest creditor Airbus SE be separated out from other stakeholders in restructuring talks for the airline. By putting Airbus in a category of its own, smaller creditors, who had pushed for a greater say, will likely gain a larger voice against the European planemaker in the debt talks. ...

Bloomberg American Airlines Group Inc and JetBlue Airways Corp kicked off the first phase of a marketing alliance in the northeastern US even though several states are investigating competition concerns and pilots at one of the carriers have objected. Nearly 80 routes sharing American and JetBlue codes go on sale, meaning travelers can book with one carrier for flights on ...

Bloomberg Singapore has started taking applications for a program that will allow people to enter the island for business and official purposes without having to quarantine for 14 days. The catch? They’ll have to stay in a bubble-like facility near Changi Airport, and can’t leave. The first visitors under the so-called Connect@Changi program are expected to arrive next month, Alan ...

Bloomberg Nestle SA, the world’s largest food company, reported its fastest sales growth in five years as stuck-at-home consumers adopted more cats and dogs, boosting demand for pet food. Revenue growth may cross the threshold of 4% and should at least match last year’s 3.6% pace, on an adjusted basis, CEO Mark Schneider said. Analysts have forecast 3.9% growth. Nestle’s ...