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Abu Dhabi to scatter1m native wild plant seeds

ABU DHABI / WAM More than one million seeds of native wild plant species will be scattered across Abu Dhabi by the Environment Agency – Abu Dhabi (EAD) across four different locations. The move comes as part of the EAD’s aim to rehabilitate natural habitats, support seed stock in different types of soils and enhance the plant cover of selected ...

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First coronavirus death outside China reported in Philippines

Bloomberg A 44-year-old Chinese male from Wuhan died in the Philippines on February 1 from the novel coronavirus, the first death recorded outside of China, the World Health Organization (WHO) said on Sunday. The man arrived in the Philippines on January 21 accompanying the country’s first confirmed case, a 38-year-old woman, after they had travelled from Wuhan via Hong Kong, ...

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Modi’s budget falls short amid growth worries in India

Bloomberg Indian PM Narendra Modi’s second budget in seven months disappointed investors who were hoping for big-bang stimulus to revive growth in Asia’s third-largest economy. The fiscal plan — delivered by finance minister Nirmala Sitharaman — proposed tax cuts for individuals and wider deficit targets, but failed to provide specific steps to fix a struggling financial sector, improve infrastructure and ...

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Japan prosecutors issue arrest warrant to Ghosn

Bloomberg Prosecutors in Tokyo issued a fresh warrant for the arrest of ex-Nissan Motor Co Chairman Carlos Ghosn, who jumped bail and fled the country last month to escape trial for alleged financial crimes. The Tokyo District Public Prosecutors Office issued the warrant on Ghosn for illegally departing Japan, where the former auto executive was charged with failing to fully ...

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Huawei scouts Europe for tech startups

Bloomberg Huawei Technologies Co is in talks about investing in European tech startups and contributing to research in a bid to secure its supply chain as tensions with the US escalate, people familiar with the matter said. In the final weeks of 2019, Huawei executives visited startups and venture capital firms in countries including Germany and France, they said. The ...

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Samsung profit slides 38% with memory-chip slump

Bloomberg Samsung Electronics Co reported a 38% decline in profit due to falling memory chip prices, a warning sign for the global technology industry as it navigates trade tensions and the coronavirus outbreak. Net income tumbled to 5.23 trillion won ($4.4 billion) for the three months ended in December, compared with the 5.31 trillion won average of projections. The miss ...

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Uber suspends 240 Mexican accounts to prevent virus spread

Bloomberg Uber Technologies Inc has suspended 240 user accounts in Mexico to contain the potential spread of coronavirus. The users suspended had ridden with two drivers who came into contact with a possible coronavirus case, according to a statement posted to the company’s Mexican Twitter account. To date, there have been no confirmed cases of the virus in the country. ...

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Brexit hangover kicks in for EU leaders debating budget gap

Bloomberg Twelve hours after the UK formally left the European Union, the bloc’s poorer members gathered in an old Franciscan convent in southern Portugal to rally against a looming budgetary shortfall that’s partly due to the loss of British contributions. Brexit is deepening the rift between richer and poorer EU states as they clash on the bloc’s trillion-euro ($1.1 trillion) ...

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Twitter suspends Zero Hedge permanently

Bloomberg The libertarian financial website Zero Hedge was permanently suspended from Twitter after it published an article questioning the involvement of a Chinese scientist in the outbreak of the deadly novel coronavirus. On its website, Zero Hedge’s pseudonymous author “Tyler Durden” said he received a notification from Twitter that he had violated “our rules against abuse and harassment.” Earlier, BuzzFeed ...

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Musk adds $2.3b to his fortune in 60 minutes

Bloomberg Elon Musk’s fortune swelled by $2.3 billion in the span of an hour after shares of Tesla Inc soared in extended trading on stronger-than-expected fourth-quarter earnings and an accelerated timetable for the new Model Y crossover SUV. The electric-vehicle maker’s stock, which closed at $580.99, surged 12% to $649 at New York, boosting the chief executive officer’s net worth ...

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