Uncategorized

  Bloomberg US government incentives to promote investments into nascent technologies such as green hydrogen will have a “healthy” impact, even as they risk distorting the trade in electric cars between Europe and the US, Bill Gates said. Speaking in a podcast interview with the head of Norway’s $1.3 trillion sovereign wealth fund, Nicolai Tangen, Gates extolled government policies for ...

  Bloomberg The biggest challenge to Japanese fashion giant Uniqlo’s plan to take on the US? Getting more Americans to know who they are. The apparel maker, known for its affordable cashmere sweaters and solid basics, wants to go big in one of the world’s toughest consumer markets. Although Uniqlo is a fixture in shopping streets of New York and ...

  Bloomberg US President Joe Biden made a surprise visit to Kyiv and met with his Ukrainian counterpart Volodymyr Zelenskiy, declaring “unwavering support” in a dramatic show of solidarity as Russia’s invasion nears the one-year mark. Biden, who was originally slated to visit neighboring Poland this week, appeared in the Ukrainian capital at 8 a.m. on Monday as police sealed ...

  Bloomberg China laid out a fresh laundry list of problems it has with how the US uses its power, underscoring how tensions between the two nations have worsened over issues from the alleged spy balloon dispute to Russia’s war in Ukraine. The official Xinhua News Agency published a 4,000-word article on Monday titled “US Hegemony and Its Perils” that ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, welcomed the visitors at the 16th edition of the International Defence Exhibition and Conference (Idex), the 7th edition of the Naval Defence and Maritime Security Exhibition (Navdex) 2023, and the International Defence Conference (IDC), which are held ...

  HATAY, TURKIYE / WAM The Sheikh Mohamed bin Zayed Field Hospital in Reyhanlı district of Hatay Province in Turkiye has begun receiving the injured and those affected by the quake that struck the country recently, as part of Operation “Chivalrous Knight / 2’’. Saeed Thani Hareb Al Dhaheri, UAE ambassador to Türkiye, attended the opening the hospital accompanied by ...

  Abu Dhabi / WAM By enhancing its integrated ecosystem and strengthening the food supply chain, Khalifa Economic Zones Abu Dhabi (Kezad group) is working to realise the UAE’s vision of becoming the world’s best on the Global Food Security Index by 2051. Kezad is participating in the 28th edition of Gulfood, one of the largest F&B sourcing events in ...

  Abu Dhabi / WAM The Federal Tax Authority (FTA) announced that the single sign-on feature of the UAE Pass – the first national digital identity– has been introduced to the EmaraTax platform, which tax system registrants can use in all procedures and services on the platform, available through the official FTA website, further advancing the sweeping digital transformation taking ...

Bloomberg The UK Treasury is expected to post the largest budget deficit for any January in at least 25 years, tying the hands of Chancellor Jeremy Hunt as he faces calls to cut taxes and boost public-sector pay. In normal times, January delivers a bumper surplus as workers and companies settle their tax bills. But this year, spending is being ...

  Bloomberg SpaceX is facing a $175,000 fine from the Federal Aviation Administration (FAA) for failing to provide proper advance data about an August 2022 Starlink launch and its potential for collision with debris in orbit. “SpaceX was required to submit the data to the agency at least seven days prior to an attempted launch,” the FAA said in a ...