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UAE to conduct 2mn Covid-19 tests in 2 months

Abu Dhabi / WAM The UAE Government will complete more than two million Covid-19 tests during the next two months to continue to curb the spread of the virus. The announcement was made at the UAE Government’s regular media briefing wherein Dr Amna Al Dahak Al Shamsi, official spokesperson of the UAE Government, provided an update on Covid-19 and all ...

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Etihad to resume flights to more destinations

ABU DHABI / WAM Etihad Airways is gradually resuming services to more destinations across its global network. This follows the easing of travel restrictions by UAE regulatory authorities on outbound and inbound travel for citizens and residents. All travel remains subject to the entry and health regulations set by the UAE authorities, and those at the end destination. Throughout July ...

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Singaporean staycations can’t fill $20b tourism gap

Bloomberg In Indonesia, locals can soon fly from Jakarta to the beaches of Bali for a domestic vacation. Tokyo residents can escape the pandemic stress with a hike in the mountains, and New Yorkers can head to the Hamptons on Long Island. Residents of Singapore, a city-state smaller than New York City, have few such options, presenting a massive problem ...

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TikTok pulling out of HK after China law controversy

Bloomberg ByteDance Ltd’s TikTok will pull its viral video app from Hong Kong’s mobile stores in coming days, becoming the first internet service to withdraw after Beijing enacted sweeping powers to crack down on national security threats. That announcement came after internet giants from Facebook Inc to Google and Twitter Inc voiced opposition to national security legislation that grants the ...

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US visa rules threaten to deport thousands of chinese students

Bloomberg Hundreds of thousands of Chinese students enroll at US colleges and universities each year, and right now, a lot of them are concerned. As schools try to figure out how to start the fall semester amid the coronavirus pandemic, some — including Harvard University and the University of Southern California — are opting for online-only instruction. And that means ...

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Europe sees deeper slump in new warning on virus hit

Bloomberg Europe’s economy will suffer more than previously estimated this year and take longer to recover because of a slow easing of coronavirus restrictions, according to the bloc’s executive arm. Officials sent the starkest warning yet about the impact of the pandemic, with the divergences between richer and poorer countries opening up even further than projected two months ago. It ...

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UK’s support for 12.1m jobs adds to pressure on Sunak

Bloomberg The number of jobs supported by the UK government’s pandemic support exceeds 12 million, highlighting the scale of the task facing Chancellor of the Exchequer Rishi Sunak as he prepares to announce his latest economic strategy on Wednesday. While the rate of increase in the use of the furloughing program and the self-employed plan has slowed since the height ...

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France to ‘sideline’ Huawei from its mobile networks

Bloomberg France’s decision to give only temporary security approval for fifth-generation mobile equipment shows the government intends to gradually sideline Huawei Technologies Co., a majority party lawmaker said. The head of the country’s cybersecurity agency Anssi said this week it will grant time-limited waivers on 5G for wireless operators that use the Chinese company’s products. The measure will deter them ...

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Google, Deutsche Bank agree to 10-year cloud partnership

Bloomberg Alphabet Inc.’s Google and Deutsche Bank AG have agreed to form a long-term partnership that will see the US technology company provide cloud computing capabilities to Germany’s largest lender. “The partnership with Google Cloud will be an important driver of our strategic transformation,” Deutsche Bank Chief Executive Officer Christian Sewing said in a joint statement on Tuesday, confirming an ...

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ADGM signs deal with Irena to promote sustainable finance

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) and the International Renewable Energy Agency (Irena) have announced the signing of a Memorandum of Understanding (MoU) to signify their joint commitment to progressing sustainable finance across the UAE and the wider region. Through the MoU, ADGM and Irena solidified their mutual dedication to promoting solutions that facilitate investment in renewable ...

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