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Suqia, Dubai Cares ink deal to support developing countries

DUBAI / WAM In line with the International Day of Education, Suqia, the UAE’s Water Aid Foundation, and Dubai Cares, both operating under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives, signed a Memorandum of Understanding, MoU, to share knowledge and build capacities to support developing countries facing a water scarcity. As part of this partnership, Suqia ...

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EAD showcases its environmental efforts at WUF 2020

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) has announced that it will highlight how it is protecting biodiversity and preserving the quality of life for a sustainable future by participating at this month’s World Urban Forum 2020. Hosted by UN Habitat until February 13 at Abu Dhabi National Exhibition Centre, (Adnec) the event will see EAD ...

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China virus deaths top 810, surpassing global Sars toll

Bloomberg The coronavirus disease spreading around the world has killed more than 810 people, exceeding the toll from the global outbreak of Sars that started in China almost two decades ago. Less than two months after surfacing in late December in Wuhan, China, cases of the coronavirus have topped 37,000. The fast-spreading disease long ago eclipsed the 8,100 total cases ...

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Toyota defies global slowdown

Bloomberg Toyota Motor Corp isn’t letting a global slowdown get in the way of its plans to grow, reporting a higher-than-expected quarterly profitand raising its full-year forecast. Even as a production shutdown in China, the world’s largest car market, has cast a pall over global automakers already struggling to cope with a downshift in demand and rising costs on next-generation ...

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Foxconn says plant restart hinges on China’s guidance

Bloomberg Hon Hai Precision Industry Co, Apple Inc’s main iPhone production partner, said its factories worldwide are coordinating with authorities in carrying out virus protection and are preparing safety measures with the approval of local governments. “Our group hasn’t received any client requests to move production resumption earlier,” the company, also known as Foxconn, said in a statement. Operating schedules ...

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India, Sri Lanka discuss ways to fight terrorism, boost trade

Bloomberg India and Sri Lanka agreed on Saturday to strengthen cooperation to combat terrorism and boost trade and investment. “India has been a trusted partner in Sri Lanka’s development,” Prime Minister Narendra Modi said a joint briefing after meeting Sri Lankan Prime Minister Mahinda Rajapaksa in New Delhi. New lines of credits announced in November will deepen development and cooperation, ...

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VW postpones restart of China production

Bloomberg Volkswagen AG has postponed the resumption of production at its China joint ventures, in the latest sign of the coronavirus’s impact on economic activity. The carmaker cited limited travel options for its employees and said in a statement that its own supply chains were in the early stages of re-starting after production stopped for national holidays at the end ...

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Some US pension funds play into China’s hands: Pompeo

Bloomberg Secretary of State Michael Pompeo delivered a tough warning about China in a speech to US governors, urging caution in business dealings as Beijing looks for ways to exploit US vulnerabilities and expands repression at home. He had a pointed message for certain US state pension funds that may be investing in ways that help China’s government crack down ...

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FB to improve security after hack of 29m users

Bloomberg Facebook Inc pledged to improve security protocols to resolve a lawsuit blaming the company for a 2018 data breach that exposed personal data of 29 million users. The company will check more frequently for suspicious patterns of user activity involving access tokens, the key cards that allow users to access their accounts, among other measures outlined in a proposal ...

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Johnson seeks extra boost in spending on infrastructure

Bloomberg UK Prime Minister Boris Johnson plans to announce a boost in infrastructure spending focused on northern England, seeking to make good on campaign pledges made before he led his Conservatives to a landslide victory in December’s general election. The programme will include 40 million pounds ($52 million) for 5G wireless networks in rural areas and investment in mass transit, ...

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