ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 242,159 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Saturday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out necessary treatment. ...

As Chancellor of the Exchequer, Rishi Sunak has only one more rung to climb on the UK political ladder — to the position so many of his predecessors have coveted and failed to get: prime minister. This week the most powerful man in Westminster after Boris Johnson pitched his future wares in his second budget and set out Britain’s post-pandemic ...

It’s been a year since Covid-19 first shut down much of Europe, and signs of preparation for a post-pandemic world are everywhere. Whether it’s the heated discussion over vaccine passport, the UK starting on its latest path out of lockdown or investors dumping safe-haven assets, there’s faith that the most ambitious vaccination campaign in history is going to deliver a ...

It would have been a blow to London if the UK’s most prominent unicorn decided to list its shares in tech-friendly New York or Amsterdam. Instead, Deliveroo has picked its home stock exchange for an initial public offering. Valued at more than $7 billion in its most recent private funding round, the food delivery app is issuing a vote of ...

In previous US recessions, a familiar fiscal pattern has almost always played out. Deprived of revenue, the state and local governments closest to the American people lay off employees and cut essential services. If and when Congress comes to the rescue, it’s often too late. The economic damage has been done. In some ways, the coronavirus crisis has disrupted this ...

Bloomberg The European Union (EU) and the US agreed to suspend tariffs on billions of dollars of each other’s products, easing a 17-year transatlantic dispute over illegal aid to the world’s biggest aircraft makers. President Joe Biden and European Commission President Ursula von der Leyen agreed to the move on a call, the commission said in a statement. “This suspension ...

Bloomberg Malaysian budget airline AirAsia Group Bhd. said it is seeking to launch a flying-taxi business as soon as next year. “We are working on that right now,” Tony Fernandes, the company’s chief executive officer and co-founder, said. “I think we are about a year and a half away from launching.” Fernandes was speaking in an online discussion as part ...

Bloomberg Airline executives and directors sold $49.9 million of stock in February, the most in three years, as industry shares posted a record rally fuelled by a widening vaccination effort. The top individual sellers were at Allegiant Travel Co. and Southwest Airlines Co., two leisure-focused carriers that are among analyst picks to benefit from a rebound in vacation travel as ...

Bloomberg British Airways, United Airlines Holdings Inc. and Singapore Airlines Ltd. were among carriers affected by a cyberattack that hit the Star and Oneworld alliances, exposing some loyalty-program member information. Sita Passenger Service System Inc.’s processing services were hit by a “highly sophisticated but limited” breach that targeted personal data stored on servers at its data center in Atlanta, the ...

Bloomberg Boeing Co. Chief Executive Officer Dave Calhoun got total compensation of $21 million last year, but his take-home pay was a small fraction of that as the planemaker slogged through a deep crisis caused by the coronavirus pandemic. When Covid-19 sent the aviation industry into the sharpest decline on record last March, Calhoun waived his salary for the rest ...