News

Joint media work between countries fundamental to strategic cooperation

MOSCOW / WAM The Emirates News Agency (WAM) participated in the “Russia – Islamic World: Practical Steps in Media Cooperation” international conference, which was held in the Russian Capital, Moscow. The international conference was co-organised by the Russia-Islamic World Strategic Vision Group, Sputnik International News Agency, and Union of OIC News Agencies (UNA), with broad participation of over 50 representatives ...

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CBUAE issues commemorative coins to mark AUS’ Silver Jubilee

  Abu Dhabi / WAM The central bank of the UAE (CBUAE), in collaboration with American University of Sharjah (AUS), issued 1,000 commemorative silver coins to celebrate AUS’ Silver Jubilee. The issuance of these commemorative coins aims to celebrate twenty-five years since the establishment of AUS in 1997, in fulfilment of the vision of its founder, HH Dr Sheikh Sultan ...

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Dubai Cyber Innovation Park unveils first NFT drop

  DUBAI / WAM Dubai Cyber Innovation Park (DCIP), the Research and Knowledge Arm of Digital Dubai, represented by the Dubai Electronic Security Centre, launched the “CyberMaster Trophy” as the first of its kind NFT drop of DCIP, as part of its efforts in cyber innovations and raising awareness in cybersecurity. The raffle draw date will be on announced on ...

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ALC showcases projects, developments at Jeddah book fair

  Sharjah / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is showcasing some of its major projects, initiatives and publications with its participation at the Jeddah International Book Fair 2022. The fair is organised by Saudi Arabia’s Literature, Publishing, and Translation Commission from 8th to ...

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US lawmakers press Amazon on warehouse-rebuilding plan

  Bloomberg Three US lawmakers questioned Amazon.com Inc’s plans for rebuilding an Illinois warehouse that collapsed in a tornado last year, killing six workers and prompting an investigation by workplace safety regulators. The lawmakers said the e-commerce company should be constructing the warehouse with stronger safety features than existed before the collapse. Amazon is a tenant in the facility owned ...

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Rolls-Royce car factory staff get record pay rise in Britain

  Bloomberg Workers at Rolls-Royce Motor Cars Ltd will receive as much as an 18% pay increase, which the Unite union claimed was a record increase. Around 1,200 staff who put together the luxury brand’s Phantom, Ghost and Cullinan models at its factory in Goodwood voted in favour of a 10% wage increase along with a one-off payment of £2,000 ...

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Tesla says new Texas factory is making 3,000 SUVs a week

  Bloomberg Tesla Inc is building 3,000 Model Y SUVs a week at its new Austin, Texas, factory — a sign that the electric-car maker is making up for lost time at the money-losing plant. Tesla shared the new production figure in a tweet. The milestone comes a week after Bloomberg News reported that Chief Executive Officer Elon Musk had ...

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France faces higher recession risk as downturn in Germany eases

Bloomberg Private-sector activity in the euro area’s top two economies shrank in December, but while France faces a greater risk of falling into recession, the downturn underway in Germany is showing signs of easing as inflation cools. S&P Global’s flash Purchasing Managers Index for France dropped to its lowest level in almost two years, unexpectedly falling to 48 on service-sector ...

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Renault board empowers CEO de Meo

  Bloomberg Renault SA’s board named CEO Luca de Meo as a director and reappointed Chairman Jean-Dominique Senard for another four-year term, a sign of support for their plan to reshape the partnership with Nissan Motor. De Meo, 55, will replace Frederic Mazzella on the French company’s 16-member board, the maker of Austral and Megane E-Tech cars said, confirming a previous ...

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Starbucks staff begin three-day strike as contract talks sour

  Bloomberg Starbucks Corp baristas at 50 locations throughout the US are starting a three-day strike, saying the company isn’t bargaining fairly with recently unionised stores. Organisers say the planned strike will involve more than 1,000 workers, making it the biggest multiday work stoppage ever by Starbucks Workers United, the labour group that’s prevailed in elections at about 270 of ...

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