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Bloomberg Hungary’s government is planning to pay out a pension bonus to offset the effects of high inflation for the elderly, Prime Minister Viktor Orban said during a weekly interview on state broadcaster Kossuth radio. “Inflation is higher than we would have presumed in our right mind at the beginning of the year,” Orban said. “We must correct pensions against ...

Bloomberg Tesla Inc delivered a better-than-expected 241,300 cars worldwide in the third quarter, a record for the electric-car maker led by Chief Executive Officer Elon Musk. Quarterly deliveries are one of the most closely watched indicators for Tesla. They are also widely seen as a barometer of consumer demand for electric vehicles amid a transition away from the internal combustion ...

DUBAI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, visited the UAE Pavilion at Expo 2020 Dubai. HH Sheikh Mohamed viewed the areas in the pavilion, which tells the story of the establishment of the UAE and the dreams of its founders, who created ...

Dubai / WAM The economic relations between Brazil and the United Arab Emirates have successfully overcome the negative impacts of the global pandemic, with bilateral trade witnessing a 33 percent increase in the first eight months of 2021, compared to the same period last year, according to a top Brazilian official. In an exclusive interview with Emirates News Agency (WAM), ...

Dubai / WAM Jean-Yves Le Drian, French Minister of Europe and Foreign Affairs, has said that the participation of the world’s countries in Expo 2020 Dubai enhances international cooperation, as the most important cultural event in the world carries a message of hope at the time of the coronavirus pandemic. In his statement marking France’s National Day at Expo 2020 ...

Bloomberg India’s coal power giant NTPC Ltd expects to raise $2 billion through initial public offerings in three units including its renewables business, and the paring of a joint venture stake, according to a company official familiar with the plans. The state-run generator plans to sell shares in NTPC Renewable Energy Ltd within a year, the official said, asking not ...

Bloomberg The US called on China to halt its “provocative” pressure on Taiwan after a record number of daily incursions by Chinese warplanes, saying the military actions are destabilising and risk leading to “miscalculations.” “The US commitment to Taiwan is rock solid and contributes to the maintenance of peace and stability across the Taiwan Strait and within the region,” State ...

Dubai / WAM Saif Abdullah Mohammed Al Shamsi, UAE Ambassador to Thailand, affirmed that Expo 2020 Dubai would create promising opportunities for participating countries and boost efforts being made to stimulate global economy and enhance confidence in sectors hit by the Covid-19 pandemic as well as generate job opportunities. In an interview with the Emirates News Agency (WAM), Saif Al ...

Sharjah / WAM Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, hosted a high-level Guatemalan delegation, headed by Antonio Malouf, Guatemala’s Minister of Economy, at the House of Wisdom in Sharjah to explore and strengthen the framework of economic collaboration and enhance commercial and investment partnerships between the emirate and the Central American country. ...

Sharjah / WAM The Department of Water and Desalination Plants at the Sharjah Electricity, Water and Gas Authority (Sewa) revealed the completion of a project to replace and develop Al Falaj water pumping station with a pumping capacity of 73.9 million gallons per day, contributing to saving 879 megawatts of electricity annually and reducing carbon dioxide emissions to 503 tonnes ...