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Bloomberg The European Union is planning to propose a mandatory phaseout on coal imports from Russia in a direct response to reports that Russian forces committed apparent war crimes in Ukraine, according to people familiar with the matter. The action on coal would be added to a package of steps aimed at strengthening existing measures and correcting loopholes that was ...

Bloomberg A call between top diplomats from China and Ukraine sends a fresh signal that President Xi Jinping could soon speak with Volodymyr Zelenskiy for the first time since Russia’s invasion more than a month ago. Foreign Minster Wang Yi reiterated China’s desire for a ceasefire in talks with Ukraine counterpart Dmytro Kuleba, their first such exchange since March 1, ...

  Dubai / WAM Roads and Transport Authority (RTA) has served 37.3 million users during Expo 2020 Dubai, which constitutes 67 percent to the total usage of transport services at Expo, Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of RTA, revealed. The number of riders carried out by public transport modes (Dubai Metro, public buses), taxis ...

  Dubai / WAM Around 76.5% companies registered growth in their businesses during Expo 2020, while 73.5% managed to build new business relations during the world’s greatest show, according to a report commissioned by Dubai Chamber of Commerce. In terms of services provided by Dubai Chamber during the event, 70.6% of respondents to the survey conducted as part of the ...

Bloomberg The European Union said that work is under way on additional sanctions to penalise Russia for what appear to be war crimes in Ukraine, condemning “in the strongest possible terms” alleged atrocities committed against civilians. In a statement on behalf of the 27-nation bloc, Josep Borrell, the EU’s chief foreign envoy, laid the blame for the “haunting images of ...

  Bloomberg The US added close to half a million jobs in March and the unemployment rate fell by more than expected, highlighting a robust labour market that’s likely to support aggressive Federal Reserve tightening in the coming months. Nonfarm payrolls increased 431,000 last month after an upwardly revised 750,000 gain in February, a Labour Department report showed. The unemployment ...

Bloomberg European regulators are asking Microsoft Corp. partners and rivals for information related to a complaint made against the software maker alleging anti-competitive behavior in the cloud-computing services market. The European Commission in March circulated a questionnaire, seen by Bloomberg News, focusing on how Microsoft licenses its products. The questions may lead to a formal inquiry, and follows an antitrust ...

  DUBAI / WAM His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, chaired on Sunday in Dubai a meeting of the interior ministers of the International Security Alliance states, which includes the UAE, France, Italy, the UK, Morocco, Spain, Israel, Senegal, Singapore, Slovakia. The Netherlands also joined the alliance, which ...

  Abu Dhabi / WAM The UAE and Israel have signed a memorandum of understanding (MoU) on cooperation in the field of maritime transport, exchange of experiences, and strengthening strategic partnership, as part of the Abraham Accords Peace Agreement. The MoU was signed by Suhail bin Mohammed Al Mazrouei, the UAE Minister of Energy and Infrastructure, and Merav Michaeli, the ...

  Abu Dhabi / WAM The United Arab Emirates welcomed the announcement by Hans Grundberg, Special Envoy of the United Nations Secretary-General for Yemen, to commence a truce and halt all forms of military operations in Yemen and on the Saudi-Yemeni borders. In a statement issued by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE welcomed the ...