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Bloomberg Russia’s hunt for weapons to fire at Ukraine could provide a lifeline for North Korea, where even a relatively modest arms deal would help lift the country’s cash-starved and stagnant economy into growth. The US made fresh accusations this month that Kim Jong Un is providing arms and ammunition to aid Putin’s war, including sending shells and rockets. While ...

Bloomberg China hit back at a report that the US has confronted it with evidence suggesting some of its state-owned firms may be helping Russia’s war in Ukraine, saying Washington should stop sending weapons if it wants the conflict to end. China “would never add fuel to the fire, still less exploit the crisis,” Foreign Ministry spokesperson Mao Ning said ...

  Abu Dhabi / WAM Attended by HH Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, CEO of Alliances for Global Sustainability, the UAE Circular Economy Council convened its meeting, presided over by Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment to discuss ‘Year of Sustainability’ initiatives and COP28. In her welcoming note, Mariam bint Mohammed Almheiri ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) inaugurated 17 new substations in 2022. These include fifteen 132kV stations with a conversion capacity of 2,280 megavolt amperes (MVA) and two 400kV stations with a conversion capacity of 4,000 MVA, in Al Qusais Industrial Area 5 and Jebel Ali First. Dewa installed five kilometres of 400kV overhead transmission lines and ...

  Dubai / WAM Dubai Cares signed a new partnership with the Ban Ki-moon Centre for Global Citizens (BKMC) to launch the ‘Green Jobs for Youth – Online Training and Mentoring’ programme. With the addition of this new programme, Dubai Cares expanded its programmatic portfolio as a key step to place education at the heart of the global climate and ...

Dubai / WAM The UAE health authorities have launched several innovative health projects in the 48th edition of Arab Health 2023, which began on Sunday at the Dubai World Trade Centre and will conclude on February 2. The Ministry of Health and Prevention (MoHAP), the Department of Health—Abu Dhabi (DoH), and the Dubai Health Authority (DHA) are showcasing a host ...

  Bloomberg For a few hours last week, British consumers were asked to make a choice: keep consuming power as normal or just turn the lights off. Hundreds of thousands of households took part in the effort to reduce electricity demand during a couple of hours when energy supplies were forecast to be particularly tight. There was a financial incentive ...

Bloomberg US regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the world’s second-richest person. The review is part of an ongoing Securities and Exchange Commission probe of the company’s statements about its Autopilot driver-assistance system, according to a person with knowledge of the matter who ...

Bloomberg The Mercosur trade group and the European Union will reach a trade agreement soon, Argentine President Alberto Fernandez said in Buenos Aires, during German Chancellor Olaf Scholz’s visit to the South American nation. The trade bloc, which also consists of Brazil, Paraguay and Uruguay, is keen to finalize the long-negotiated deal, Fernandez said, adding that he has spoken to ...

  Bloomberg The boss of Britain’s largest sandwich-maker says price negotiations with supermarkets have become so strained amid the inflation crisis that sometimes walking away is the only option. “In certain cases we’ve said to people ‘If you’re not prepared to take this price, we’re not prepared to supply you’,” said Dalton Philips, Chief Executive Officer at Greencore Plc, speaking ...