Riyadh / WAM The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, alongside a number of defence leaders and officials from allied countries, on Thursday witnessed the conclusion of the Northern Thunder Exercise, which began on February 14, ...
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Queen & Carney dragged into battle for ‘Brexit’
Bloomberg With just over 100 days to go until Britain’s referendum on leaving the EU, Queen Elizabeth II and Bank of England Governor Mark Carney have both been dragged into the debate, showing that personalities will play a crucial role in the outcome. Supporters of a so-called Brexit called for Carney to resign after he identified a vote to leave ...
Read More »US,Canada limit methane emissions from oil, gas wells
Bloomberg President Barack Obama and Canadian Prime Minister Justin Trudeau announced steps to limit methane emissions from existing oil and natural gas wells, a move intended to underscore their commitment to combat climate change. Canada and the U.S. are agreeing to reduce methane emissions from oil and gas by as much as 45 percent below 2012 amounts by 2025, according ...
Read More »China consumer inflation accelerates to 2.3 percent
Beijing / AFP China’s consumer inflation jumped to 2.3 percent in February, its highest in nearly two years, official data showed on Thursday, in a positive sign for demand in the world’s second-largest economy. Food prices surged during the annual Lunar New Year holiday, with vegetable prices jumping 30.6 percent year-on. The rise in the consumer price index (CPI) released ...
Read More »Bangladesh loses US$100mn to Chinese hackers
DHAKA / AFP The Bangladesh central bank says it is working to recover some $100 million allegedly stolen by Chinese hackers from an account at the Federal Reserve Bank of New York. Authorities have given few details about how the money disappeared. But Finance Minister A.M.A. Muhith says authorities are considering suing the U.S. bank over the money’s apparent transfer ...
Read More »Putin’s ex-PM warns of election crackdown, faces death threats
Bloomberg The Kremlin is putting “unprecedented†pressure on opposition activists as President Vladimir Putin prepares for his toughest electoral test amid Russia’s longest recession in two decades, according to his former prime minister. “The authorities understand that 2016 will be decisive because the economic and political situation is acute,†Mikhail Kasyanov, who was premier from 2000 to 2004 and is ...
Read More »Suu Kyi nominates close aide for Myanmar president
Naypyidaw / AFP Aung San Suu Kyi was on Thursday finally ruled out of the running to become Myanmar’s next president, as her party nominated one of her most loyal aides to rule the formerly junta-run nation as her proxy. Suu Kyi has vowed to rule “above” the president, despite being barred from top office by the army-scripted constitution, as ...
Read More »Etihad airways, taste festivals announce global partnership
Emirates Business UAE’s national airline Etihad Airways will showcases its commitment to providing unmatched culinary experiences in the air and on ground, announcing a multi-year partnership with Taste Festivals Ltd — organisers of the world’s leading restaurant events since 2004. The airline, along with many of its Etihad Airways Partners, will have a presence at 15 Taste festivals scheduled in ...
Read More »Cooling issue: Qatar Airways could halt A320neo deal
Bloomberg Qatar Airways said it could soon give up on Airbus Group SE’s revamped A320neo jetliner if Pratt & Whitney fails to resolve a cooling issue with the plane’s engines, erasing a 2011 order worth a potential $6.4 billion to the manufacturer. Delivery delays requested by Qatar Air because of the hitch, which means planes must sometimes be idled to ...
Read More »Abu Dhabi Municipality braces for rain bounty
ABU DHABI / WAM The Abu Dhabi City Municipality (ADM) has completed its Rain Emergency Response Plan preparations for this year’s rainy season in order to avoid any ponds or blockage of the rainwater drainage network. At the same time, the ADM is responding to public requests during the rainy season and addressing emergency conditions in a specific, systematic and ...
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