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Bloomberg The UK hospitality industry warned it may lose 500,000 jobs when the government’s furlough program to support wages ends. Hotels and restaurants are saddled with back taxes of 93 million ($132 million) that will become an unsustainable burden if the government fails to drop all lockdown rules as planned on June 21, said Kate Nicholls of business lobby group ...

Bloomberg German manufacturers unexpectedly saw demand decline in April, signaling that supply shortages and higher prices are undercutting the country’s economic recovery. Orders fall 0.2%, missing a median estimate for a 0.5% gain. The Economy Ministry said weakness was driven in particular by lower domestic demand. Foreign orders were up 2.7% from the previous month. Manufacturing has been a stronghold ...

Bloomberg Facebook Inc said it will let all employees work remotely even after the pandemic if their jobs can be done out of an office, but may reduce their pay if they move to a less-expensive area. Starting June 15, any Facebook employee can request to work from home, the Menlo Park, California-based company said in a statement. If those ...

Dubai / WAM HH Sheikha Latifa bint Mohammed, Chairperson of the Dubai Culture & Arts Authority (Dubai Culture), expressed her confidence in the ability of committee and executive team members of the Al Quoz Creative Zone to work together effectively to develop the project in accordance with the high standards outlined in its project plan. She emphasised Dubai’s commitment to ...

Athens / WAM Bee’ah, the Middle East’s sustainability pioneer, and Polygreen, the Greek-owned company offering a total circular economy approach worldwide, on Saturday launched Evogreen, a joint venture that offers innovative marine and environmental management solutions, to promote a circular economy and sustainability. The newly established company tackles marine pollution through advanced waste management solutions to keep oceans pristine. By ...

Dubai / WAM Dubai Police’s Al Rashidiya Police Station issued 10,635 fines and warnings against violators of the announced precautionary measures against Covid-19 across the station’s jurisdiction area in 2020. The violations included 3,271 violations for not wearing facemasks in private and public transportation, 2,526 violations for failing to maintain social distancing in vehicles, 1559 violations for exceeding allowed number ...

Abu Dhabi / WAM Abu Dhabi Waste Management Centre (Tadweer) announced its plans to set up a dedicated facility for the treatment of fallen stock collected from the farms and ranches across the Abu Dhabi and its suburbs. The move comes as part of the centre’s continued efforts to develop the required infrastructure and sustainable solutions for the safe and ...

Bloomberg Russian President Vladimir Putin suggested that in spite of heightened tensions with the US over cyberattacks and his treatment of dissidents, he may be able to work with President Joe Biden in part because he’s more predictable than Donald Trump. “That’s a different kind of person and it is my great hope that, yes, there are some advantages, some ...

Dubai / WAM According to Coursera’s Global Skills Report 2021, the UAE ranks first in the Mena region and second globally in overall business skills, only after Luxemburg. This year’s study draws on performance data since the pandemic’s onset from more than 77 million learners on the platform to benchmark skills proficiency across business, technology, and data science for over ...

Abu Dhabi / WAM Abu Dhabi University (ADU) has retained its position in the top 701-750 universities globally in the prestigious Quacquarelli Symonds (QS) World University Rankings for 2022 for the fourth year in a row while continuing to significantly improve its position on various indicators. The university has improved its score in different key indicators. Compared to previous performance, ...