Bloomberg Former National Security Advisor John Bolton raised alarm the Trump administration could block his memoir that describes his interaction with the president over Ukraine. “I hope it’s not suppressed,†Bolton said in a talk at Duke University in Durham, North Carolina. “This is an effort to write history, and I did it the best I can. We’ll have to ...
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Etihad Cargo, dnata extend partnership to 15 gateways
ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has bolstered its global handling partnership agreements with dnata, an Emirati airport services provider. The new agreements align the two UAE-based companies until 2023, with dnata providing warehouse and cargo handling services to manage 180,000 tonnes of air cargo carried annually across 15 gateways in ...
Read More »Emirati-designed ‘Expo Live Pavilion’ to inspire millions
DUBAI / WAM The Emirati-designed Expo Live Pavilion in Expo 2020 Dubai’s Opportunity District aims to inspire millions of visitors to become change-makers by showcasing the social innovators, supported by Expo Live, who are having a measurable impact on people’s lives across the world. A human-focused experience, ‘The Good Place’ was designed by Ahmad Abdulrahman Bukhash, founder of Dubai architecture ...
Read More »Deal signed to help UAE firms increase exports across globe
ABU DHABI / WAM The newly established Abu Dhabi Exports Office (Adex), and the Abu Dhabi Chamber of Commerce and Industry (Abu Dhabi Chamber), signed a Memorandum of Understanding (MoU), to cooperate on a series of initiatives. Through the partnership, the two entities aim to leverage the innovative financial products and services offered by the Adex to elevate the international ...
Read More »Solution to Libyan crisis is political, says Gargash
MUNICH / WAM Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, emphasised the UAE’s support for a political solution to the Libyan crisis and highlighted in this regard Germany’s efforts through the Berlin track, considering it the only manner of achieving security and stability in Libya. In his speech before the first meeting of the International Follow-Up ...
Read More »China shutdown ripples across India from drugs to electronics
Bloomberg India, the world’s second-most populous nation, is facing the ripple effects of shutdowns in China with production of medicines to mobile phones being hit as supply chain disruptions prolong. Prices of paracetamol, the most commonly used analgesic, have jumped by 40% in India, while the cost of azithromycin, an antibiotic used for treating a variety of bacterial infections, has ...
Read More »Indonesia’s exports plunge before coronavirus-led supply disruptions
Bloomberg Indonesia’s exports slumped in January just as the coronavirus began spreading, with Finance Minister Sri Mulyani Indrawati warning of a hit to global trade. Exports fell 3.7% from a year ago versus a median estimate for a surplus of 1.2% in a Bloomberg survey of economists, the statistics office said on Monday. Imports declined 4.8%, resulting in a trade ...
Read More »UK’s consumers to face higher prices for EU goods, deal or not
Bloomberg UK consumers will face higher prices on goods coming from the European Union (EU) after Brexit, whether Boris Johnson signs a free trade agreement with the bloc or not, according to a major business group. Products imported from the EU after January 1 2021 will require customs declarations, which cost between 16 pounds ($21) and 56 pounds per product ...
Read More »EU fights for ‘purpose’ in grand plan for AI, technology rules
Bloomberg China might have data and the US might have money, but Europe has purpose. That’s the message European Union tech czar Margrethe Vestager aims to convey on Wednesday when she unveils plans to help the bloc compete with the US and China’s technological might on its own terms, conforming with fundamental EU rights including strict privacy and non-discrimination rules. ...
Read More »Tesla Berlin factory risks legal delay over wildlife
Bloomberg Elon Musk’s first electric car plant in Europe is facing legal delays that could set the project back by several months after a court halted work on clearing a forest for the new Tesla Inc factory near Berlin while it considers a challenge by environmentalists. The Berlin-Brandenburg higher administrative court issued a temporary injunction against further logging, overturning a ...
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