Bloomberg The United Auto Workers (UAW) let its contract with General Motors Co expire after unsuccessful talks over an extension, setting the stage for a strike by the union’s 46,000 US workers. The UAW said it will work without a contract while it decides on a course of action. It had been bargaining with the largest US automaker before a ...
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Merkel’s drive to slash CO2 output may cost $44bn
Bloomberg Policies being hammered out in Germany to slash carbon emissions may cost 40 billion euros ($44 billion) over the next four years, underscoring the wide scope of Chancellor Angela Merkel’s plans to boost climate protection. Meeting in Berlin, party leaders from Merkel’s alliance progressed in agreeing steps to ensure that Germany meets a 2030 emissions target, according to a ...
Read More »California hit with biggest wildfire, NASA warns on climate
Bloomberg California’s biggest wildfire of the year has already burned more than 50,000 acres of timber and grass as NASA scientists say climate change is making such blazes more likely and harder to stop. It’s a sobering scenario for the US state with the highest wildfire risk, where land damaged or destroyed by fire has expanded fivefold over the last ...
Read More »UAE investors to inject $10b into Bangladesh economy
DUBAI / WAM A number of UAE business groups are set to invest $10 billion (AED36.7 billion) into Bangladesh, according to data compiled by the Bangladesh Economic Forum. The Forum will kick-off in Dubai on September 15, with more than 300 government officials, business leaders, investors and entrepreneurs participating. The one-day conference aims to strengthen the flow of trade and ...
Read More »Every hardworking individual is a star and an example to follow
Dubai / WAM After reviewing the results of comprehensive evaluation report of services in 600 service centers of 29 federal government entities, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reaffirmed that “government services are windows for citizens to their governments. Improving and developing services will remain a major ...
Read More »UAE completes NHRI draft law: Al Jarman
GENEVA / ًْ The UAE has announced the completion of a draft law on the establishment of a national human rights institution (NHRI), following the Paris Principles. The announcement was made by Ahmed Abdul Rahman Al Jarman, Assistant Minister for Human Rights and International Law at the Ministry of Foreign Affairs and International Cooperation, in a speech delivered at the ...
Read More »â€˜Tawazun programme’ attracts more global defence players
Abu Dhabi / WAM More than 40 representatives from international defence manufacturing companies expressed interest in joining the Sustain and Enhance Emiratisation in Defence and Security (Seeds), programme, latest initiative of the UAE defence and security industry enabler Tawazun Economic Council. This came during a gathering hosted by Tawazun in London earlier this week, to acquaint its international defence partners with ...
Read More »India drawing up red lines on pan-Asian free trade pact
Bloomberg India is drawing up a list of ‘must haves’ to enable it to forge ahead with a pan-Asian free trade agreement, as pressure mounts on the South Asian nation to conclude discussions to finalise the pact before end of the year, a senior government official said. Trade ministry officials in New Delhi met late into the night to discuss ...
Read More »Indonesia detects 4,000 haze hotspots
Bloomberg More than 4,000 hotspots were detected in the central and western parts of Indonesia as authorities deployed thousands of personnel to fight the fires that are contributing to a haze blanketing parts of Southeast Asia. Indonesia said it has sealed off dozens of plantations, including concessions owned by foreign companies. In what has become a ritual once the haze ...
Read More »Carcinogen in Zantac, generics triggers FDA, EU investigates
Bloomberg Global health regulators sounded a coordinated alarm about the possibility that a stomach drug taken by millions of people could be tainted with the same cancer-causing agent that has sparked a worldwide recall of blood-pressure pills. Drug-safety officials in the US and Europe said that they were looking into whether Sanofi heartburn medication Zantac and generic versions made by ...
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