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Bloomberg China is ratcheting up the risk of military confrontation in the Taiwan Strait, as Beijing seeks to deter Taipei from continuing to deepen ties with the US and other like-minded democracies. People’s Liberation Army (PLA) aircraft repeatedly breached the median line between Taiwan and the Chinese mainland last week, in the latest of a series of military exercises in ...

Bloomberg The European Union (EU) will unleash as many green bonds as the world issued last year, testing the level of investor interest in financing a shift towards cleaner economies. The bloc plans to create up to 225 billion euros ($266 billion) of green debt, which will propel it from a debut issuer to the largest player in the nascent ...

Bloomberg ByteDance Ltd. emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict President Donald Trump’s statements about how the new entity will be directed by Americans and pay an unusual $5 billion fee to the US government. The world’s most valuable startup sought to play down speculation it’s giving up control of valuable Chinese ...

Bloomberg Tesla Inc. Chief Executive Officer (CEO) Elon Musk is rallying the troops as the end of the third quarter nears, urging employees in an email to make and sell as many electric cars as possible before September 30. “We have a shot at a record quarter for vehicle deliveries, but will have to rally hard to achieve it,” said ...

Bloomberg The US government is falling behind global rivals when it comes to protecting meatpacking workers from Covid-19 infections, even though the nation’s plants were among the first to confront rampant cases across factories. In Germany, the government is ready to upend a labour contracting system that left poorly paid immigrant workers vulnerable. In Brazil, the federal government has set ...

Dubai / WAM Dubai Future Foundation(DFF) announced its hosting of Founder Institute global startup accelerator programme for the first time at the regional level in AREA 2071, the innovation ecosystem in Dubai. The initiative, within DFF’s framework for strengthening global partnerships, is aimed at providing opportunities for startups specialised in various technology sectors to develop their innovative projects and ideas ...

HADRAMAUT / WAM The UAE continues to provide free medical services to residents in the Hadramaut Governorate, via mobile clinics operated by the Emirates Red Crescent (ERC) throughout the year. An Emirati medical team have been performing medical check-ups on patients in rural and remote areas that lack health facilities, providing treatment to locals suffering from various ailments. The team ...

Al Ain / WAM In line with its ongoing commitment to contribute to global wildlife conservation efforts, Al Ain Zoo has announced that it exchanged knowledge and expertise with Lewa Wildlife Conservancy, located in the Republic of Kenya. The visit came as part of Al Ain Zoo’s efforts to conserve number of endangered species and to become part of international ...

Bloomberg Hong Kong’s government is drawing fresh criticism from economists and business advocates who say a third round of virus relief stimulus doesn’t go far enough. While Chief Executive Carrie Lam’s latest spending plan will draw from the city’s fiscal reserve of HK$976.6 billion ($126 billion) in July, that cash pile is still seen by economists as large enough to ...

Bloomberg Apple Inc will this month begin direct sales online in India, more than 20 years after the world’s most valuable tech company first began operating in the South Asian country that’s one of world’s fastest-growing smartphone markets. Cupertino, California-based Apple said it will launch its online store in India on September 23, confirming a Bloomberg News report last month. ...