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Bloomberg Hundreds of thousands of Chinese students enroll at US colleges and universities each year, and right now, a lot of them are concerned. As schools try to figure out how to start the fall semester amid the coronavirus pandemic, some — including Harvard University and the University of Southern California — are opting for online-only instruction. And that means ...

Bloomberg Europe’s economy will suffer more than previously estimated this year and take longer to recover because of a slow easing of coronavirus restrictions, according to the bloc’s executive arm. Officials sent the starkest warning yet about the impact of the pandemic, with the divergences between richer and poorer countries opening up even further than projected two months ago. It ...

Bloomberg The number of jobs supported by the UK government’s pandemic support exceeds 12 million, highlighting the scale of the task facing Chancellor of the Exchequer Rishi Sunak as he prepares to announce his latest economic strategy on Wednesday. While the rate of increase in the use of the furloughing program and the self-employed plan has slowed since the height ...

Bloomberg France’s decision to give only temporary security approval for fifth-generation mobile equipment shows the government intends to gradually sideline Huawei Technologies Co., a majority party lawmaker said. The head of the country’s cybersecurity agency Anssi said this week it will grant time-limited waivers on 5G for wireless operators that use the Chinese company’s products. The measure will deter them ...

Bloomberg Alphabet Inc.’s Google and Deutsche Bank AG have agreed to form a long-term partnership that will see the US technology company provide cloud computing capabilities to Germany’s largest lender. “The partnership with Google Cloud will be an important driver of our strategic transformation,” Deutsche Bank Chief Executive Officer Christian Sewing said in a joint statement on Tuesday, confirming an ...

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) and the International Renewable Energy Agency (Irena) have announced the signing of a Memorandum of Understanding (MoU) to signify their joint commitment to progressing sustainable finance across the UAE and the wider region. Through the MoU, ADGM and Irena solidified their mutual dedication to promoting solutions that facilitate investment in renewable ...

Abu Dhabi / WAM Air Arabia Abu Dhabi has announced that will start direct flights connecting Abu Dhabi with Alexandria and Sohag in Egypt. The inaugural flight will take off from Abu Dhabi to Alexandria on July 14 followed by flights to Sohag the next day. Air Arabia Abu Dhabi will start its operations with two Airbus A320 aircraft based ...

Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has welcomed Lumex to the expanding community of laboratory-grown diamond businesses within the Free Zone. Lumex is the latest laboratory-grown diamond business to select Dubai and DMCC as the base of its operations in the region. “Since its inception ...

ABU DHABI / WAM The National Emergency, Crisis and Disasters Management Authority denies the false information circulated on social media sites regarding the closing of shopping mall and commercial centres in the country for a renewable period of two weeks, and obliging restaurants to provide delivery services only. The authority has stressed the importance of obtaining news from the official ...

Bloomberg One of the largest utilities in America is starting to turn its back on natural gas. Dominion Energy Inc, the second-biggest US power company by market value, said it’s selling substantially all of its gas pipeline and storage assets to Berkshire Hathaway Inc for $4 billion. In a separate statement, Dominion and its partner Duke Energy Corp said they’re ...