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Bloomberg The biggest battery storage system in the US connected to California’s electricity grid, giving the state more flexibility to bank excess solar power generated during the hottest parts of the day and deploy it later. The California Independent System Operator, which manages a grid that powers powers 80% of California and a small portion of Nevada, added 62.5 megawatts ...

Bloomberg Donald Trump ordered an end to Hong Kong’s special status with the US and signed legislation that would sanction Chinese officials responsible for cracking down on political dissent in the city, drawing a rebuke from China and adding fresh uncertainty for businesses including banks in the financial hub. “No administration has been tougher on China than this administration,” the ...

Abu Dhabi / WAM Air Arabia Abu Dhabi on Tuesday marked the inauguration of its operations with its first flight to Alexandria in Egypt. A second Air Arabia Abu Dhabi flight will operate from the UAE’s capital to the Nile city of Sohag on July 15. The launch ceremony was attended by senior leadership teams of Etihad Aviation Group, Abu ...

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has hosted a virtual awareness session on the recently launched ‘Go Safe’ certification programme for hotels across the UAE capital. Led by Ali Hassan Al Shaiba, Executive Director of Tourism and Marketing at DCT Abu Dhabi, the online session was attended by more than ...

ABU DHABI / WAM The Department of Municipalities and Transport – Abu Dhabi has begun development of 15 mosques at a cost of AED45 million in Abu Dhabi, Al Ain, and Al Dhafra this July, in collaboration with Modon Properties (Modon), a subsidiary of ADQ mandated by the Government of Abu Dhabi to develop integrated tourism destinations and sustainable residential ...

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) revealed signs of progress within the tourism sector as the emirate prepares to gradually open up to international travel. Hotel occupancy rates in Abu Dhabi have risen by 3% year-on-year since July 1 and are expected to rise further with the launch of a ...

Bloomberg South Korea revealed a 42.7 trillion won ($35 billion) plan to ramp up its commitment to renewable energy and environmentally friendly infrastructure, but came short of setting a time frame to phase out carbon emissions. President Moon Jae-in announced a framework on Tuesday to expand energy efficiency, boost low-carbon power sources and foster green industries amid an effort to ...

Bloomberg China’s projection of its military might into Asian waters and North Korea’s modernisation of its ballistic-missile arsenal pose risks to Japanese and regional security, the Japanese Ministry of Defense said. In its annual white paper released on Tuesday, the ministry accused China of “relentlessly’ pushing its way towards uninhabited East China Sea islands claimed by the two countries, saying ...

Bloomberg The UK economy expanded much slower than expected in May, underscoring the struggle to recover from the depth of the coronavirus slump. The expansion of 1.8% fell short of the 5.5% pace expected and still leaves the economy almost 20% smaller in the latest three months. While activity has since picked up as lockdown restrictions eased, the UK, along ...

Bloomberg Cellnex Telecom SA is considering bidding for a stake in CK Hutchison Holdings Ltd.’s European wireless tower business, according to people familiar with the matter, as it scouts for new acquisitions. Europe’s largest wireless tower operator is in early-stage discussions about acquiring a minority holding in the CK Hutchison portfolio, the people said, asking not to be identified as ...