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  Bloomberg US Navy warships have entered the Taiwan Strait for the first time since House Speaker Nancy Pelosi’s visit to the self-ruled island tested ties between Washington and Beijing. The Ticonderoga-class guided-missile cruisers USS Antietam and USS Chancellorsville are conducting a routine transit through a corridor of the strait beyond the territorial sea of any state, the 7th Fleet ...

  Bloomberg Greek air defense missile locked onto Turkish F-16 fighter jets flying in international airspace over the Mediterranean, the Turkish Defense Ministry said in a statement. Greece’s Russian-made S300 air defense system on the island of Crete locked onto the Turkish planes on Aug. 23 as they flew over the Mediterranean, according to the statement. Earlier in the week, ...

  Bloomberg It’s starting to look like nothing can stop the British pound from sinking to new lows. With talk about inflation surpassing 18% next year and families across the country likely to be pushed into energy poverty this winter, the UK’s economic woes are getting worse by the day. The consensus among traders is that the Bank of England ...

  Bloomberg French Prime Minister Elisabeth Borne is leaving open the possibility of a new tax on corporate “super profits” after lawmakers rejected the move last month. In an interview published in Le Parisien newspaper, Borne said she’d prefer alternatives to a windfall levy, such as companies lowering prices for consumers and giving bonuses to employees to bolster their spending ...

  Bloomberg Confidence in Germany’s business outlook fell in August as soaring inflation and fears about a possible recession in Europe’s largest economy has intensified. The Ifo Institute’s gauge of business expectations for the next six months inched down to 80.3 from 80.4 in July, though economists had predicted a steeper decline. Current conditions were also assessed more negatively. Still, ...

  Bloomberg Tesla Inc will start charging $15,000 for the driver-assistance system it calls Full Self-Driving, raising the price of the controversial product for the second time this year. The hike for customers in North America will take effect from September 5, Chief Executive Officer Elon Musk tweeted. The current $12,000 price will be honoured for orders made before that ...

  Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), on Friday, expressed her pride in the achievements of Emirati women and their contribution to the UAE’s progress and development, based on knowledge and sincere ...

  Abu Dhabi / WAM Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform on Friday completed its first field-based course in Rwanda to teach young women in rural off-grid communities to harness the potential of clean energy solutions, in line with the United Nations’ Sustainable Development Goal (UN SDG) 7 to ensure access to affordable, reliable, sustainable and ...

  Abu Dhabi / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, has stetted that women’s participation has been part and parcel of the UAE’s sustainability journey. On the occasion of Emirati Women’s Day, which is observed on August 28, Almheiri said, “This year, we mark the day under the theme ‘Inspiring Reality .. Sustainable Future’ ...

Bloomberg European governments have allocated about 280 billion euros ($278 billion) in funding to cushion the impact of the energy crisis on households and businesses. The funding, calculated by Brussels-based Bruegel think tank, measures fresh allocations since September, and covers everything from subsidising tariffs for small businesses in Greece to direct payouts to consumers in Belgium. Some of the money ...