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Bloomberg UK Prime Minister Boris Johnson should look beyond large transport projects to ensure the billions of pounds of planned extra spending boosts the whole UK economy, according to the Resolution Foundation. Johnson’s budget next week is expected to raise capital spending by 20 billion pounds ($26 billion) a year, taking investment to levels last sustained in the 1970s. The ...

Bloomberg Amazon.com Inc notified employees of the first confirmed case of coronavirus among its US workforce. The online retailer told workers about the infected employee via email. The employee left work February 25 due to an illness and the company said it was informed that the person had contracted Covid-19. All co-workers in contact with the employee, who were at ...

Bloomberg Google has rejected dozens of ads from Donald Trump’s presidential campaign for violating its ad policies in the week leading up to Super Tuesday, as well as a Bernie Sanders ad and two from a political action committee supporting Joe Biden, according to data released by the company. A spokeswoman for Alphabet Inc’s Google declined to comment on its ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE Cabinet on Tuesday and was briefed on the latest developments and preventive measures taken by all concerned national authorities to protect the community from the new coronavirus (Covid-19). The cabinet reviewed all procedures and ...

DUBAI / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, on Tuesday opened the 45th edition of Middle East Energy, previously known as Middle East Electricity, the global energy platform running until March 5 at Dubai World Trade Centre. Touring the exhibition, HH Sheikh Ahmed explored the latest technology breakthroughs and solutions being ...

DUBAI / WAM The Mohammed bin Rashid Space Centre (MBRSC) announced on Tuesday that over 3,000 Emirati men and women have applied to become the next UAE astronaut on future space missions. Registration figures for the second batch of the UAE Astronaut were revealed during a press conference by Yousuf Hamad Al Shaibani, Director-General, MBRSC, Salem Al Marri, Head of ...

ABU DHABI / WAM The 6th Annual Sustainable Business Leadership Forum 2020 is set to take place on March 18-19 at the Anantara Eastern Mangroves Hotel, Abu Dhabi. To be hosted by Abu Dhabi Sustainability Group (ADSG), the Forum will be held under the theme “Delivering business growth and contributing to societal growth”. It aims to promote and support sustainability ...

Bloomberg Indonesia is working on a second stimulus package to shore up Southeast Asia’s biggest economy, adding to the central bank’s aggressive moves to counter the impact of the coronavirus on financial markets. A new tranche of fiscal measures would be “sizable” and “bigger” than the first one of 10.3 trillion rupiah ($725 million) announced last week, Coordinating Minister for ...

Bloomberg SoftBank Group Corp, facing skepticism of its investment strategy, conveyed a message to Wall Street: Now is the time to invest. Masayoshi Son, SoftBank’s founder and chief executive officer, (CEO)told a roomful of fund managers and financial institutions at a private meeting in New York that recent market declines present an opportunity to take stakes in companies at discounted ...

Bloomberg President Donald Trump sought to show his personal engagement in the fight against coronavirus, meeting with drug company executives to elicit promises of new medicines and announcing he’ll visit federal health agencies later in the week. At the White House meeting, executives from Gilead Sciences Inc, Johnson & Johnson, GlaxoSmithKline Plc, Sanofi, Pfizer Inc and other manufacturers told Trump ...