DUBAI / WAM The Federal Youth Authority (FYA) has launched nine national initiatives that seek to prepare Emirati youth and enhance their role in dealing with pandemics and minimising their impact on the community and all aspects of life in the UAE. The nine initiatives come in light of the major transformations taking place across the world, which have underlined ...

ABU DHABI / WAM The National Centre of Meteorology (NCM) is commemorating World Meteorological Day, which is observed on March 23 every year. This year, the day is being celebrated under the slogan, ‘Let us count every drop, because every drop counts’. Dr. Abdulla Al Mandous, Director of NCM and President of the Regional Association II (Asia) of World Meteorological ...

Abu Dhabi / Emirates Business The Japan International Cooperation Center (JICE) Abu Dhabi Office this month successfully concluded a twelve-month series of joint collaborations, projects, activities and studies with various UAE governmental bodies and institutions for the educational and human resource development of young Emirati talent. The collaborations were focused on a number of educational, societal and even sporting areas ...

Bloomberg Coal, the dirtiest and usually the cheapest option for energy, is now the world’s most expensive fossil fuel. Oil’s epic collapse over the past month means the global crude benchmark is now priced below the most widely traded coal contract on an energy-equivalent basis, according to Bloomberg calculations. Australia’s Newcastle coal on ICE Futures Europe settled at $66.85 a ...

Bloomberg The Trump administration doesn’t plan to challenge a federal court ruling that dramatically curbs its ability to exempt oil refineries from biofuel-blending requirements, according to three people familiar with the matter. Under a decision reached late this week by top administration officials, the Environmental Protection Agency will now apply that 10th Circuit Court of Appeals ruling nationwide, so that ...

Bloomberg China’s wireless carriers are reporting drops in users as the coronavirus crisis cuts business activity, with China Mobile Ltd, the world’s largest carrier, reporting its first net decline since starting to report monthly data in 2000. China Mobile subscriptions fell by more than 8 million over January and February, data on the company’s website show. China Telecom Corp has ...

Bloomberg China’s government is talking up the prospects for a rapid economic rebound from the coronavirus, even as the global economy sees further lockdowns to curb the spreading disease. Since March 20, the premier, who leads economic policy making, and a senior central-bank official, have pointed to the control of the outbreak and the resumption of activity as reasons for ...

Bloomberg SoftBank Group Corp unveiled a plan to raise as much as 4.5 trillion yen ($41 billion) over the coming year to buy back stock and slash debt, a dramatic attempt to reassure investors about the stability of its empire amid fallout from the global outbreak of Covid-19. Billionaire Masayoshi Son’s investment giant said it’s authorised the sale or monetisation ...

Bloomberg Baby Devi has already lost 80% of her monthly earnings to the spread of the coronavirus — and the worst in India may be yet to come. The 38-year-old mother of four, who cleans homes for a living, lost jobs with two of her three employers. Like many relatively well-off Indians, they’ve begun social distancing to fight the highly ...

Bloomberg India is facing an economic shock as many parts of the country go into lockdown and the government will have to spend more and abandon fiscal deficit targets to cope, analysts said. Growth may weaken to 3% in the first three months of this year from 4.3% estimated previously, according to Oxford Economics, while Jefferies sees room for the ...