News

Bloomberg The $550 billion infrastructure bill cleared a procedural hurdle in the US Senate as members began working through proposed amendments in one last drive to finalise the White House-backed public works plan. The 67-27 vote to end debate on the bipartisan compromise measure puts the legislation on track to pass as soon as this weekend after weeks of negotiations ...

Bloomberg PG&E Corp was ordered by a judge to identify each of the California wildfires its equipment started this year, and to explain in particular what role the utility played in igniting the Fly fire, which has merged with the much larger Dixie blaze. US District Judge William Alsup, who oversees PG&E’s criminal probation, issued the order and asked for ...

Bloomberg With ICU beds down to a single digit, Austin sounded the alarm, using its emergency alert system to let residents in the Texas capital city know that the local state of the pandemic is “dire.” The Austin area — with a population of almost 2.4 million people — has just six intensive-care unit beds left, state health data show. ...

Bloomberg BT Group Plc has picked Adam Crozier, former chief executive of ITV Plc, as its new chairman, according to a person with knowledge of the situation. Crozier, who’s currently chairman of Whitbread Plc, Kantar Group, and Asos Plc, is set to take up the role after the British telecommunications company announced in March that Jan du Plessis would retire, ...

Bloomberg AP Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: there isn’t enough used cooking oil to make the biofuel that powers the vessels. “The biofuel is sourced from used cooking oil, but the problem is that the world doesn’t eat enough french fries,” said Chief Executive Officer Soren Skou. “We can’t keep scaling it. If our ...

ABU DHABI / WAM Emirates Steel, the leading integrated steel plant in the Middle East, strives to maximise its contribution to the UAE’s downstream industries, providing this vital sector with 90 percent of its needs from high-quality and wire rods and heavy sections products. This is part of its effort to support and promote the UAE’s Unified Industrial Brand Identity ...

ABU DHABI / WAM Dumat Al Jandal, the Middle East’s largest wind farm and the first in the Kingdom of Saudi Arabia, is now connected to the grid and has produced its first carbon-free megawatt-hours (MWh) of energy. The 400-megawatt (MW) utility-scale wind power project is being developed by a consortium led by EDF Renewables and Masdar, two of the ...

TEHRAN / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, met with Iran’s President elect, Ebrahim Raisi, during a UAE delegation’s visit to Tehran. Sheikh Nahyan conveyed greetings of President HH Sheikh Khalifa bin Zayed Al Nahyan, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and HH Sheikh Mohamed ...

DUBAI / WAM Dubai showed quick recovery from the repercussions of Covid-19 in different economic sectors thanks to the resilient strategies and plans the emirate followed in the face of the pandemic, and the dynamic and wise initiatives directed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The trade sector continued ...

ABU DHABI / WAM Abu Dhabi Ports on Saturday announced that it has embarked on a wide-ranging network service upgrade across ZonesCorp, part of the Industrial Cities & Free Zone Cluster of Abu Dhabi Ports, to ensure non-stop gas supply to its customers. The system modernisation will take place over the next several months as part of a continuous comprehensive ...