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Bloomberg The US economy is showing some scattered signs of picking up from an end-of-year slowdown, muddying President Joe Biden’s efforts to win congressional passage of a $1.9 trillion stimulus package. New claims filed for unemployment benefits have fallen for two straight weeks, while January payrolls are forecast to rebound from a December. Managers in charge of buying supplies for ...

Bloomberg The UK is launching a consultation on its post-Brexit subsidies system, which the government has hailed as a “significant milestone” in the country’s future outside the European Union (EU). The new UK-wide “subsidy control system” will replace the EU’s state aid regime, which was a major stumbling block in Brexit talks last year. Prime Minister Boris Johnson’s government believes ...

Bloomberg Regions of the UK powered by a combination of nuclear and wind are already hitting 2030 climate targets, according to an industry report. Britain has pledged the deepest cuts in greenhouse gas emissions in the Group of 20 nations to put the UK at the vanguard of the fight against climate change. The prime minister’s goal to slash pollution ...

ABU DHABI / WAM Khalifa Fund, in collaboration with StartAD, announced the launch of AI Mentor, a ground-breaking platform with a diverse range of digital tools and resources for entrepreneurs during the business planning phase. The digital platform will guide entrepreneurs through the process required to submit a business plan for funding, as well as receive mentorship and training as ...

Abu Dhabi / WAM Zaki Nusseibeh, Minister of State and Chancellor of the United Arab Emirates University (UAEU), discussed, with the Belgian Ambassador Peter Claes, the cultural ties between the UAE and the Belgium. During the videoconference meeting, which took place on Tuesday, Nusseibeh expressed his keenness to strengthen overall bilateral ties between the two countries, most notably in the ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan ordered the disbursement of a grant worth AED24,392,473 to athletes who accomplished sporting achievements in 2019, benefitting 680 athletes from 29 federations. The grant will be distributed to athletes without holding the customary annual ceremony, in line with the precautionary measures adopted by the country to protect ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has made significant achievements in artificial intelligence (AI) and has come a long way in this area since 2017. This is by developing a roadmap for AI and launching a set of services and initiatives that use this promising technology. Dewa’s efforts in AI have consolidated the UAE’s global position and ...

Bloomberg Supporters of Myanmar’s military rallied in the nation’s largest city as it moved to suspend all flights through April, raising fresh concerns about the army’s crackdown a day after it seized power in a coup and detained senior government officials and activists. The rally in the commercial capital Yangon is the first since de facto leader Aung San Suu ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, have reviewed the final preparations of the Emirates Mars Mission team as the Hope Probe is a few ...

ABU DHABI / WAM After successfully establishing air and sea links, Israel is looking into the potential of road traffic with the UAE to further develop the bilateral trade corridor, said the top diplomat at the newly opened Israeli embassy in Abu Dhabi. The air and sea links have already enabled goods traffic on flights within a few hours and ...