Abu Dhabi / Gulf Time The first round of the UAE Remote Control Boat Championship, which was held on Abu Dhabi breakwater, recorded a large number of participants. The championship, organised by Abu Dhabi Marine Sports Club, drew as many as 36 contestants in three categories — 2-Cell, 3-Cell and 4-Cell for juniors, novices and professionals respectively. In 2-Cell ...
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US plans to impose 200% tariff on Russia aluminum
Bloomberg The US is preparing to impose a 200% tariff on Russian-made aluminum as soon as this week to keep pressure on Moscow as the one-year anniversary of the invasion of Ukraine nears. The move has been contemplated for months, said the people, who asked not to be identified discussing internal deliberations. The people added that the US is also ...
Read More »Record UK health strike piles pressure on stretched service
Bloomberg Health care workers are walking out in record numbers this week, crippling the National Health Service and piling pressure on Prime Minister Rishi Sunak to resolve multiple disputes over pay for public-sector workers. Some 100,000 nurses are striking alongside about 10,000 ambulance workers on Monday, with 4,200 physiotherapists walking out on Thursday. Nurses will take action again on Tuesday, ...
Read More »Dell to cut about 6,650 jobs, battered by plunging PC sales
Bloomberg Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go. The company is experiencing market conditions that “continue to erode with an uncertain future,†Co-Chief Operating Officer Jeff Clarke wrote in a memo viewed by Bloomberg. The reductions amount to about ...
Read More »World’s top gold miner Newmont offers $17b for Newcrest:
Bloomberg Newmont Corp. is offering $17 billion to acquire Australia’s Newcrest Mining Ltd. and create a global precious metal behemoth in the largest takeover deal globally this year. The takeover, if completed, would also be one of the biggest in Australian history, according to data compiled by Bloomberg. Newcrest jumped as much as 14% in Sydney, the most since ...
Read More »Ukraine defense chief’s removal put on hold amid security risks
Bloomberg A shakeup involving the replacement of Ukraine’s defense chief may be delayed as President Volodymyr Zelenskiy’s government braces for a Russian offensive. A day after a senior lawmaker in Zelenskiy’s party announced that Defense Minister Oleksii Reznikov will be replaced by Ukraine’s head of military intelligence, a parliamentary official said no decisions on staff changes will be made ...
Read More »Australia, China trade ministers hold talks as relations thaw
Bloomberg China and Australia’s top trade officials have met for the first time since 2019, in the latest sign of warming diplomatic relations between the two countries. Commerce Minister Wang Wentao and Trade Minister Don Farrell held virtual talks on Monday for more than 90 minutes, according to an Australian government statement that confirms a report by Bloomberg News. Both ...
Read More »Sewa implements development projects in Khorfakkan in 2022
Sharjah / WAM Sharjah Electricity, Water and Gas Authority (Sewa) implemented many development projects in Khorfakkan city in 2022, as it implemented 36 sub-distribution stations, in addition to the completion of 80 percent of the main distribution station 11/33 kV (Al Haray Station No. 3) with a total capacity of 60 MVA, which feeds 502 residential plots of land in ...
Read More »Sheikha Bodour Al Qasimi assumes duties as President of AUS
Sharjah / WAM Sheikha Bodour Al Qasimi, the newly appointed President of the American University of Sharjah (AUS), was welcomed for her first official visit earlier this week to the 25-year-old centre of excellence, a leading academic institution in the Gulf region and beyond. Sheikha Bodour’s appointment to the position of President of AUS was announced in an Emiri ...
Read More »Expo Centre Sharjah takes part in 2023 Global CEO Summit
Sharjah / WAM The Expo Centre Sharjah has made a noteworthy appearance at the 2023 Global CEO Summit, hosted by the prestigious Global Association of the Exhibition Industry (UFI). The summit, held in Lisbon, Portugal, brought together more than 100 influential CEOs, executives, and directors from the exhibitions and conferences industry globally. Saif Mohammed Al Midfa, CEO of Expo ...
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