Bloomberg Venezuelan opposition leader Juan Guaido said heavily-armed security officers penetrated his apartment building, threatening him with arrest, and detained Freddy Guevara, a top lieutenant, in a separate operation. Surrounded by neighbours who came to support him, Guaido said the men coming for him had set off an explosive. He reported no injury. Those who took Guevara pointed long weapons ...
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Biden to warn US firms of risks of operating in Hong Kong: FT
Bloomberg The US will warn American companies this week of the increasing risks of operating in Hong Kong, the Financial Times (FT) reported, as Washington seeks to ramp up pressure over Beijing’s crackdown on the financial center. The risks include the Chinese government’s ability to gain access to data that foreign companies store in Hong Kong, the FT said on Tuesday, ...
Read More »Google fined $593m in French warning to pay for news
Bloomberg Google was fined $593 million in France after the search giant failed to follow an order to thrash out a fair deal with publishers to use their news content on its platform. The Alphabet Inc unit ignored a 2020 decision to negotiate in good faith for displaying snippets of articles on its Google News service, the Autorité de la ...
Read More »EU set to require cutting new car emissions to zero by 2035
Bloomberg The European Union (EU) is set to propose all new cars sold from 2035 should have zero emissions, as part of an unprecedented plan to align its economy with more ambitious climate targets. The European Commission, the bloc’s regulatory arm, plans to require emissions from new cars and vans to fall by 65% from 2030 and drop to zero ...
Read More »Microsoft to buy cybersecurity company RiskIQ
Bloomberg Microsoft Corp. has agreed to acquire RiskIQ, a security software maker, as the tech giant tries to expand its products and better protect customers amid a rising tide of global cyberattacks. The deal will be announced as soon as the next few days, said the people, who asked not to be identified speaking about an acquisition that isn’t yet ...
Read More »Sheikh Mohammed inaugurates series of new road networks
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, inaugurated a series of road networks and strategic development projects implemented with the aim of shortening the distance and transportation time between various regions and emirates in the country. Completed at a total cost of AED1.95 billion, ...
Read More »100 Million Meals: UAE provides over 6.4m meals to refugees in Bangladesh
DUBAI / WAM The ‘100 Million Meals’ campaign’s food aid distribution has been completed in Bangladesh, providing over 6.4 million meals across refugees camps. As part of the campaign, the United Nations World Food Programme (WFP) distributed e-vouchers to enable around 36,000 refugees to purchase their own food from stores, shops and bakeries in Rohingya refugee camps in Cox’s Bazar, ...
Read More »Dewa completes 79.6% of Lusaily water reservoir
Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed 79.6% of the Lusaily water reservoir, which has a storage capacity of 60 million imperial gallons (MIG). With investments totalling AED 175.4 million, the project is expected to be completed by the end of Q3 2021. ” Dewa works in line with its strategy to consolidate Dubai’s leading position ...
Read More »EPAA launches coral reef cultivation initiative
SHARJAH / WAM The Environment and Protected Areas Authority in Sharjah (EPAA) has started implementing a coral reef cultivation project in the Al Hamriyah region of Sharjah. The project aims to achieve sustainable development of marine life, increase biological cover and biodiversity as well as rehabilitate marine life in the area. The coral reef farming project in the Al Hamriyah ...
Read More »Yellen to press Europe on digital tax plan following G-20 accord
Bloomberg US Treasury Secretary Janet Yellen will press European Union (EU) officials in Brussels to reconsider their plan to propose a digital levy after securing the Group of Twenty’s endorsement for the principles of a global corporate-tax agreement. Yellen is in Brussels following the gathering of G-20 finance ministers and central bankers in Venice, which concluded with the group’s call ...
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