Bloomberg US President Joseph Biden pledged to stand with Ukraine against Russian “aggression” in his first official phone call with his counterpart, Volodymyr Zelenskiy, who raised concerns of troop movement near the border. Biden “affirmed the United States’ unwavering support for Ukraine’s sovereignty and territorial integrity in the face of Russia’s ongoing aggression in the Donbas and Crimea,” the White ...

Bloomberg Liberians rejected a referendum backed by President George Weah which opposition feared could have been used to reset the clock and allow the former soccer star to extend his stay in office. The December 8 plebiscite, which sought to shorten presidential and senatorial term limits and allow dual citizenship, failed to achieve the two-thirds needed for the proposal to ...

Bloomberg West Africa’s Sahel region is headed for its deadliest year of militant violence. Insurgents have killed at least 450 civilians in the region this year, Armed Conflict Location & Event Data Project data shows, compared with 401 last year. The first three months of 2021 have seen more non-combatant deaths blamed on extremist groups than the same period last ...

Bloomberg Xiaomi Corp. unveiled plans to invest about $10 billion over the next decade on manufacturing electric cars, embarking on its biggest-ever overhaul to enter China’s booming EV market. Billionaire co-founder Lei Jun announced his intention to lead a new standalone division and spearhead the smartphone giant’s drive into vast but unfamiliar territory, in what he called his final major ...

Bloomberg Google promised not to silence workers who talk about their pay, part of a settlement resolving one of the first legal complaints filed by a new union representing hundreds of employees and contract workers at the internet giant. “We will not tell you that you cannot discuss policies with other employees,” states the notice to staff, signed by an ...

Bloomberg John Krafcik stepped down as chief executive officer of Alphabet Inc.’s Waymo self-driving vehicle division, making way for two tech industry veterans to jointly take over the business, the company said in a memo. Krafcik, 59, will be replaced by Tekedra Mawakana, Waymo’s chief operating officer, and Dmitri Dolgov, chief technical officer, who will serve as co-CEOs. Mawakana was ...

Bloomberg Toyota Motor Corp’s first-quarter sales surged 22% from a year earlier in North America, signaling a healthy recovery from when Covid-19 shutdowns kept car buyers at home. Sales rise to 603,066 vehicles in the quarter, the Japanese automaker said. March sales jumped a gaudy 87% to almost 254,000, Toyota said in separate release, but that compares with a month ...

Bloomberg Tesla Inc. delivered more cars than expected in the first quarter, a strong start to a year in which Chief Executive Officer Elon Musk will be scaling global operations and building two more factories. The maker of electric vehicles delivered 184,800 cars worldwide in the first three months of the year, up from 180,570 in the fourth quarter, the ...

NEW YORK/ABU DHABI / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, has met with ambassadors from African Member States to the United Nations to provide an overview on the UAE’s objectives for its membership on the UN Security Council for the term 2022-2023. The meeting was an important element in strengthening collaboration between the UAE ...

ABU DHABI / WAM ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, announced on Wednesday that it has entered into a definitive agreement to acquire Amoun Pharmaceutical Company SAE (Amoun), one of Egypt’s leading manufacturers, distributors and exporters of branded pharmaceutical and animal health products, ...