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ABU DHABI / WAM The UAE’s Federal Authority for Nuclear Regulation (FANR), welcomed to its staff seven Emirati engineers, who have recently graduated from UAE universities to join its flagship Developee Engineers Programme, as part of its strategy to build long-term sustainability by developing Emirati talent in the nuclear sector. The engineers will commence a year-long nuclear regulatory development programme. ...

Bloomberg India’s move to slash levies on more than 50 goods will lower revenue by as much as $2.2 billion each year and is raising the prospect of the country missing budget goals again this year. A panel of federal and state finance ministers cut the goods and services tax on items from washing machines and lithium ion batteries to ...

Bloomberg A deadly heat wave across Asia is stretching electricity grids from southern China up to Tokyo and Seoul, sending prices to multiyear highs and sparking warnings of more power stress to come. Japan breached records above 41 degrees Celsius (106 Fahrenheit) as the heat that’s been blamed for at least 15 deaths this month pushed electricity rates to the ...

Bloomberg US President Donald Trump launched a new broadside against Iran, warning of unspecified “consequences” if Hassan Rouhani continues threatening America. In a Twitter post, Trump said, “To Iranian President Rouhani: Never, ever threaten the United States again or you will suffer consequences the likes of which few throughout history have ever suffered before. We are no longer a country ...

Bloomberg Finance chiefs from the world’s leading economies met in Buenos Aires at the weekend as trade tensions threaten to undermine the fastest growth in seven years. Finance ministers and central bank chiefs met after US President Donald Trump accused Beijing and the European Union of gaming their currencies to boost exports. He also attacked the US Federal Reserve for ...

Bloomberg Atos SE agreed to buy Syntel Inc. for about $3.4 billion in a cash deal that would give the French computer-services company access to large US financial customers including American Express Co. and State Street Corp. Bezons, France-based Atos will pay $41 a share for the US information technology firm, the companies said in a joint statement. The per-share ...

Bloomberg American manufacturers remain competitive and lower goods exports aren’t solely to blame for a widening US trade deficit and fewer manufacturing jobs, according to analysis by Goldman Sachs Group Inc. It sees three key factors explaining the burgeoning trade gap and fall in production jobs: Unit labor costs in manufacturing have grown slowly, reflecting a surge in productivity growth ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Sunday carried out an inspection at Dubai International Airport to review the flow of passenger traffic and examine the passenger facilities. His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and His Highness ...

Abu Dhabi / WAM Building on its role as a pillar of the Emirati community, the Abu Dhabi National Oil Company (Adnoc), is showcasing its sustainable cultivation of dates at the Liwa Date Festival, which will be held until July 28. Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential ...

ABU DHABI / WAM The Ministry of Infrastructure Development and the Abu Dhabi Future Energy Company (Masdar), have signed a cooperation agreement to support the application of sustainability best practices. The agreement was signed by Hassan Mohammed Jumaa Al Mansouri, Under-Secretary of the Ministry of Infrastructure Development, and Mohamed Jameel Al Ramahi, CEO of Masdar, in the presence of Abdullah ...