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  Bloomberg Four countries asked the European Union to reverse a plan to make some natural gas projects eligible for its coveted green label in a last-minute plea, highlighting divisions about how to manage the energy transition. In a letter sent to the European Commission, the Netherlands, Austria, Sweden and Denmark argued there’s a lack of scientific evidence to include ...

  Bloomberg The US issued fresh sanctions against people and entities linked to Myanmar’s military that seized control of the government a year ago, with President Joe Biden warning “further costs” will be imposed as long the junta doesn’t hold elections. Seven people including Myanmar government officials and businessmen as well as a private logistics company and an army-run procurement ...

  Abu Dhabi / WAM Masdar City and the Mohammed Bin Rashid Innovation Fund (MBRIF) on Monday announced a strategic partnership designed to cultivate entrepreneurship and economic development in the UAE and at an international level. The initiative will extend support to innovative SME’s, while also sharing industry knowledge and collaborating to develop the entrepreneurship ecosystem at home and abroad. ...

  ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry has signed a cooperation agreement with the Economic Development Board of Mauritius (EDB) to further deepen the economic and trade relations between Mauritius and the emirate of Abu Dhabi. The agreement also aims at serving the business environment as a world system for positive partnership, share experiences ...

  Abu Dhabi / WAM Mattar Salem Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, said the 50th anniversary of Zayed II Military College coincides with the UAE’s golden jubilee, proving the country has been aware, since its establishment, of the importance of creating a strong army. In his speech on the occasion, he added the Founding Father, late ...

  Dubai / WAM dnata, a leading global air and travel services provider, announced a major, over €200 million ($224.07 million) investment in a fully automated cargo centre, dnata Cargo City Amsterdam, at Amsterdam Airport Schiphol (AMS). dnata Cargo City Amsterdam will significantly enhance cargo capacity in The Netherlands and create new, direct jobs with dnata. It will enable dnata ...

  Bloomberg Billionaire Mukesh Ambani’s ambitious effort to pivot his conglomerate Reliance Industries Ltd. toward green energy could transform India into a clean hydrogen juggernaut. Ambani, Asia’s richest man, announced plans earlier this month to invest $75 billion in renewables infrastructure including generation plants, solar panels and electrolysers. There is growing speculation that the strategy entails transforming all of that ...

  Bloomberg The Taliban have killed dozens of former Afghan officials, security forces and individuals who worked with international troops since the militant group took over the country in mid-August, the Associated Press reported, citing a United Nations report. Of the more than 100 killings identified by the UN Secretary-General Antonio Guterres in a report obtained by the news agency, ...

  Bloomberg American families are feeling the financial squeeze of soaring inflation and a persistent pandemic as fractious Democrats return to Washington this week no closer to a deal on a tax and spending bill party leaders hoped would by now provide relief. Despite gangbusters growth at a 6.9% annual rate during the final quarter of 2021, other economic measures ...

  Bloomberg Denmark’s unemployment rate plunged to the lowest level in 14 years, adding to concerns of overheating in the Nordic country that’s emerging from the coronavirus pandemic as one of economic winners. The gross rate declined to 2.5% in December from 2.8% a month before, falling for the first time to the level it was before the 2008 financial ...