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UK seeks Brexit momentum with EU as key ministers end dispute

Bloomberg The UK is seeking to regain momentum in so-far sluggish Brexit negotiations by publishing this week the first outline of its positions as two key ministers issued a joint declaration on a the post-European Union transition period, ending their disagreement over the issue. The government plans to issue the first of three discussion papers ahead of the next round ...

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Angela Merkel drags in carmakers as ‘campaign’ enters home stretch

Bloomberg Chancellor Angela Merkel hit the campaign trail with a swipe at German auto executives for a diesel cheating scandal, sounding a pro-labour message she’ll use to counter her Social Democratic Party challenger leading up to the country’s Sept. 24 election. As polls give Merkel’s Christian Democratic Union-led bloc a wide lead over the SPD with six weeks of campaigning ...

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Fired Google employee gives his account

Bloomberg The former Google engineer, whose controversial memo has triggered a nationwide debate on gender differences and diversity efforts in technology, defended his views in an interview Wednesday with Bloomberg Television, saying company executives are smearing him in its wake. James Damore, who until Monday worked as an engineer on video and image search at Alphabet Inc.’s Mountain View, California, ...

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UK consumers get no relief from inflation

Bloomberg UK shoppers are in the “teeth” of a squeeze on their pockets and they’re going to have to ride it out for the rest of the year. That’s the view of Bank of England Governor Mark Carney, who said this month that consumers may have to wait a bit longer to see real wage growth again. Data next week ...

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Silicon Valley wants to help you never pump gasoline again

Bloomberg For Dana Dwyer, an Oracle Corp. employee and mom, a full tank of gasoline at the end of her workday is something she describes with just two words: “It’s happiness.” Dwyer spends an hour each morning fighting through 20 miles of Bay Area traffic to get her child to school and herself to work. At night, “making one more ...

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VP, Mohamed send personal message to Emirati youth

DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, sent a personal message to the Emirati youth on the occasion of International Youth Day, ...

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UAE martyrs laid to rest

Abu Dhabi / WAM The bodies of the four Emirati martyrs, Captain Ahmed Khalifa Al Baloushi, 1st Lieutenant Pilot Jassem Saleh Al Zaabi, Warrant Officer Mohammed Saeed Al Hassani, and Warrant Officer Sameer Mohammed Murad Abu Bakr, arrived at the Al Bateen Airport in Abu Dhabi. The bodies were accompanied by a number of officers from the UAE Armed Forces. ...

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ADGM ties up with UAE Exchange to promote FinTech

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and UAE Exchange have entered into partnership, to support, develop and promote the FinTech ecosystem in Abu Dhabi and the UAE. An MoU was signed by Promoth Manghat, Chief Executive Officer of UAE Exchange Group, and Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority, FSRA, of ADGM. The ...

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DEWA completes 70% of M-Station expansion

DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), has reviewed the progress of the M-Station expansion project, the newest and largest electricity generation and water desalination plant in the UAE. Since 2015, DEWA has been working with Siemens on the Jebel Ali M-Station expansion, with the total cost for its construction ...

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FNC Speaker, Colombian Ambassador discuss ways to develop bilateral ties

Abu Dhabi / WAM Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council, FNC, has received Fayhan Al Fayez Shalhoub, Ambassador of the Republic of Colombia to the UAE. Ahmed Shabib Al Dhaheri, FNC Secretary-General, and a number of officials also attended the meeting. During the meeting, the two sides reviewed the bilateral relations between the UAE and ...

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