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Bloomberg Some of the world’s biggest energy traders are looking to get ahead in Japan’s nascent power market. From Royal Dutch Shell to German utility RWE, companies are hiring, reassigning staff and building relationships with Japanese firms to profit in the $136 billion market. After building markets in Europe and the US, they have their sights on the third-biggest economy, ...

Bloomberg Health and Human Services Secretary Alex Azar arrived in Taiwan on Sunday for the highest-ranking visit by a US official to the island in decades, a trip that stands to further worsen spiralling relations between the US and China. Azar is set to discuss the international response to the coronavirus, along with supplies of medical equipment and technology, according ...

Bloomberg Lebanon’s minister of information resigned a day after deadly protests against the government’s role in last week’s devastating blast in Beirut, and hours before global leaders gathered to discuss aid to the country. Information Minister Manal Abdel Samad submitted her resignation “in response to the public calls for change,” she said in a televised press conference on Sunday. Nehmat ...

Bloomberg President Donald Trump announced four executive actions on Saturday, including continued expanded unemployment benefits and a temporary payroll tax deferral for some workers, as the coronavirus pandemic continues to hobble the US economy. Trump also ordered continued eviction protection and student-loan relief. The moves could jeopardise negotiations with congressional Democrats over an additional coronavirus relief package, with the two ...

Bloomberg Boris Johnson’s government will invest nearly $1.7 billion in building projects and provide two billion pounds in energy efficiency grants in an effort to create jobs and rally the pandemic-hit UK economy. Housing Secretary Robert Jenrick said 300 “shovel-ready” projects will receive a share of a 900 million pound Getting Building Fund, and a further 360 million pounds will ...

Bloomberg The sometimes literal nature of automated translation programs has tripped up plenty of tourists — or in the case of Mexico, its entire tourism board. Operators of the Visitmexico.com website were left red-faced when the English version of the tourism information portal suddenly sprouted a series of comic or literal translations. Confusion escalated to the point where Mexico’s government ...

Bloomberg More economic upheaval is on the horizon in Europe as plans to end the unprecedented support for workers during the coronavirus pandemic threaten to tip millions of households into a debt trap. Organisations that help individuals sort out their financial problems are warning of a sharp increase in the number of families burdened by bills they can’t pay. Even ...

Sharjah / WAM Orient Source Hong Kong Group of Companies (OSHK) the International Commodity Trader and Project Investor, made its foray into UAE by launching its state-of-art 247,570 ft2 Multi-Functional Offshore & Repair Facility at the Port of Hamriyah in Sharjah along with a Trading Platform with Hamriyah Free Zone. The inauguration of the new facility was announced during a ...

Abu Dhabi / WAM The Department of Government Support, which is represented by the Abu Dhabi Digital Authority (ADDA) announced the launch of the new Customer Relationship Management platform for the Abu Dhabi Government. The platform aims to improve customer experience as new services and solutions will now be provided to end users, enabling them to complete their transactions with ...

Dubai / WAM A report by the Business Registration and Licensing (BRL) sector of Dubai Economy shows that the number of operating businesses in Jumeirah reached 3,648 to date. According to a press release issued by Dubai Economy on Saturday, the licences issued according to the activities are: commercial (1,919), professional (1,663), tourism (48) and industrial (18). In terms of ...