News

  Bloomberg Democratic presidential nominee Hillary Clinton and her husband, former president Bill Clinton, earned adjusted gross income of $10.6 million in 2015 and paid $3.6 million in federal income taxes, according to a tax return her campaign released as it sought to draw a contrast with her Republican rival, Donald Trump. Their income would place the Clintons well within ...

  Bloomberg President Nicolas Maduro raised Venezuela’s minimum wage 50 percent and announced that his oil and foreign ministers will visit producer countries to lobby for price increases ahead of an informal OPEC meeting next month. The wage increase becomes effective Sept. 1, Maduro said, and applies to all workers earning minimum wages and all public employees, members of the ...

  New York / AFP Millions of Americans will spend the weekend hot under the collar as soaring East Coast temperatures and stifling humidity slapped excessive weather warnings on New York and Philadelphia. The combination of heat and humidity would make it feel as hot as 110 degrees Fahrenheit (43 degrees Celsius) in the two cities. Temperatures would stay in ...

  London / AFP The British government pledged on Saturday to match European Union funding for farmers, universities and infrastructure projects following Brexit, as it sought to allay fears over key sectors. The commitment, intended to address uncertainty arising from the June 23 vote to quit the bloc, could cost £4.5 billion a year, finance minister Philip Hammond said. The ...

  MINSK / WAM Ahmed Mohammed Al Tenaiji, UAE Ambassador to Belarus, discussed with Alexander Yaroshenko, Deputy Minister of Economy of Belarus, the economic relations between the two countries and ways to strengthen them in all fields. The two sides stressed during the meeting, which was held at the headquarters of the Ministry of Economy in Minsk, the need to ...

  MANILA / WAM The Asian Development Bank (ADB) raised $1.3 billion to help finance climate change mitigation and adaptation projects with the issue of dual-tranche 3-year and 10-year green bonds, following its inaugural green bond issue in 2015. “Scaling up climate financing is essential for the region to keep its commitments to the Paris Agreement, adopted at last year’s ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a cable to Idriss Deby, President of Chad, congratulating him on the occasion of his country’s Independence Day. Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, and His Highness Sheikh Mohamed bin ...

  Sharjah / WAM Air Arabia (PJSC) on Thursday announced strong financial results for the first half of 2016 ending June 30, 2016, reporting a net profit of AED245 million for the first half of 2016 ending June 30, 2016, an increase of 3.5 percent compared to the AED237 million reported for the same period last year. The Middle East and ...

  Dubai / WAM Waha Capital has reported a net profit of AED305.9 million for the first half of 2016. Earnings were driven by solid performance across the business and, in particular, by key investments in Waha Capital’s Principal Investments division and a robust performance from the company’s capital markets portfolio. The company’s asset management division experienced a rise in income, ...

  SHRAJAH / WAM A delegation from the Sharjah Environment and Protected Areas Authority (EPAA) has returned from a week-long visit to The Netherlands and Spain. The visit was part of a research and knowledge-share mission regarding best practices for the conservation of indigenous wildlife and the protection of animals in captivity (zoos). It was also part of the EPAA’s ongoing ...