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Bloomberg In the race to vaccinate citizens against Covid-19, Japan should be a front-runner. It has nearly universal healthcare coverage and pharmaceutical prowess, not to mention a pending national election, a large elderly population and the looming Olympics to motivate political leaders to move fast. Yet it has the dubious distinction of being among the worst performers when it comes ...

Bloomberg Maruti Suzuki India Ltd’s profit narrowed and earnings trailed estimates as a resurgent Covid-19 outbreak hit consumer demand in Asia’s third-largest economy. Net income fell 9.3% to 11.7 billion rupees ($157 million) in the three months ended on March 31, the unit of Japan’s Suzuki Motor Corp said in a statement. That’s less than the average analyst estimate of ...

DAMASCUS / WAM A third Emirates Red Crescent (ERC) aid plane arrived in Damascus on Tuesday loaded with Covid-19 vaccine doses to help Syria fight the coronavirus (Covid-19) pandemic. The shipment, arranged in coordination with the Syrian Red Crescent Organisation, is part of the UAE’s global response to combat the spread of the virus and strengthen prevention measures. It aims ...

Bloomberg The Organisation of Petroleum Exporting Countries (Opec) and its allies recommended proceeding with plans to gently revive oil production as global demand recovers from the pandemic, despite surging infections in India. A committee led by Saudi Arabia and Russia agreed the coalition can skip a full-scale ministerial meeting originally scheduled for Wednesday, and press on with its road-map for ...

Bloomberg Prime Minister Mario Draghi has just days to perfect and finalise what he’s calling a “historic” project to rescue Italy’s economy from the pandemic and fix its structural weaknesses, using $315 billion of mostly European Union (EU) funds. A lot is riding on the plan. If it works, it would overturn the fortunes of an economy long regarded as ...

KHARTOUM / WAM Dr Abdalla Hamdok, Prime Minister of Sudan, has commended the UAE’s stances in support of his country in international fora as well the UAE’s continuous efforts to make the transitional period a success. During his meeting with Hamad Muhammad Hamid Al Junaibi, UAE Ambassador to Sudan, Dr Hamdok praised the outstanding ties between the two brotherly countries. ...

ABU DHABI / WAM Etihad Airways, the national airline of the UAE, launched a sale on fares to Greece, as travellers from the UAE are not required to quarantine on arrival. Fly from Abu Dhabi to Athens in Economy for just AED 995 return or AED 9,995 in Business. Fares are valid until May 3 for travel until November 20. ...

Abu Dhabi / WAM A new project launched in Tuesday will showcase Abu Dhabi in a new and unique way, with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) officially announcing a partnership with TikTok, the social networking service. A newly launched channel – Visit Abu Dhabi – aims to engage content creators to showcase the ...

Dubai / WAM Emirates Global Aluminium (EGA) on Tuesday announced the start-up of the first section of an expansion to the company’s Al Taweelah smelter. The 26 new reduction cells at potline 1 at Al Taweelah will now ramp-up to produce some 30,000 tonnes of aluminium per year, the company said in a statement on Tuesday. In total, EGA is ...

Abu Dhabi / WAM The UAE on Tuesday sent an aid plane containing 43 metric tons of food to Union of the Comoros as part of its humanitarian initiatives during the Holy Month of Ramadan to meet the needs of thousands of families with limited income. This comes against the backdrop of ongoing efforts to assist those affected by the ...