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Bloomberg Russia expects nothing good in relations with a “deeply hostile” US under the incoming administration of Joe Biden and has no plans to make unilateral concessions to improve ties, Deputy Foreign Minister Sergei Ryabkov said. “We are heading from bad to worse,” Ryabkov said in an interview with the Interfax news service published on Wednesday, which he later confirmed ...

Bloomberg Vital trade and travel links between the UK and continental Europe slowly reopened after France lifted a blockade at Britain’s busiest port that heightened a sense of economic isolation as the pandemic worsened and a high-stakes political drama unfolded over Brexit. European Union citizens and residents able to show negative Covid-19 tests will be able to travel from the ...

Bloomberg President Donald Trump injected confusion into the outlook for Covid-19 relief, demanding changes to the bipartisan legislation approved by Congress. In a surprise video announcement posted on his Twitter account, Trump called the bill a “disgrace” and said it was full of “wasteful and unnecessary” items. He demanded that lawmakers increase stimulus checks due to go out to most ...

Bloomberg Apple Inc. Chief Executive Officer (CEO) Tim Cook refused to take a meeting years ago to discuss acquiring Tesla Inc., Elon Musk said. Tesla CEO Musk said in a tweet that he reached out to Apple during the “darkest days” of development of his company’s Model 3 to talk about a possible deal. Musk said he planned to discuss ...

Bloomberg American shoppers shunned stores and extended their online binge during the last weekend before Christmas, adding to a package-delivery logjam that’s now reaching a crescendo. There’s “a lot of stuff all hitting at once,” said Craig Johnson, president of Customer Growth Partners. “I think it’s past the time for creative. They have to charge people extra to get it ...

JAKARTA / WAM Emirates Global Aluminium has signed a series of agreements with PT Indonesia Asahan Aluminium (Inalum) to provide technological know-how to upgrade the Indonesian company’s aluminium smelter in North Sumatra. The signing was part of Indonesia UAE Week, organised by the two countries’ Embassies to further deepen economic ties between the UAE and Indonesia. EGA will provide expertise ...

ABU DHABI / WAM The UAE Embassy in Beirut, in cooperation with the Zayed Charitable and Humanitarian Foundation, launched an initiative aimed at distributing 10,000 food parcels and 60 wheelchairs in Lebanon. The initiative is in cooperation with civil society organisations registered with the Lebanese Ministry of Interior, municipalities, and care homes for elderly people. The gesture is part of ...

Abu Dhabi / WAM Abu Dhabi’s Technology Innovation Institute (TII), the applied research pillar of the Advanced Technology Research Council (ATRC), announced on Tuesday that its Cryptography Research Centre (CRC) has built the UAE’s first national and sovereign crypto library. The milestone is set to enable the country to safeguard vital and confidential sources of information. The development follows a ...

Dubai / WAM Dubai Economy is strengthening its initiative launched earlier this year to bring together key industry sectors and stakeholders in an all-encompassing journey towards transitioning Dubai into a circular economy in line with the vision of the leadership and strategic plans of government. The move has gained fresh momentum with HH Sheikh Hamdan bin Mohammed bin Rashid Al ...

Bloomberg Norway’s top court dismissed an attempt by climate activists to halt Arctic oil exploration by Western Europe’s biggest petroleum-producing nation. The Nordic government beat back a lawsuit by environmental groups in the country’s Supreme Court, which ruled on Tuesday the authorities had acted lawfully by awarding exploration licenses in the Barents Sea to companies including Equinor ASA, Aker BP ...