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Bloomberg The head of the European Union’s executive arm said the bloc should pass a new law to fast-track investments in clean tech and boost funding for the energy transition in response to a US climate law it fears unfairly subsidizes American companies. “To keep European industry attractive, there is a need to be competitive with offers and incentives that ...

Bloomberg Boston-based startup Sublime Systems has raised $40 million to develop a new technology to produce low-carbon cement. The cement industry contributes as much as 8% to global emissions of planet-warming carbon dioxide. Meeting global climate goals under the Paris Agreement would require reducing that to zero within decades. However, cement has proven to be one of the more difficult ...

  Bloomberg Investors’ sentiment for the German economy jumps to the highest level in almost a year, the latest evidence that confidence is building as a squeeze from soaring energy prices eases. The ZEW institute’s gauge of expectations rose to 16.9 in January from -23.3 in the previous month — better than any estimate in a Bloomberg survey of 27 ...

  Bloomberg The UK has become the third-most important country in the world for chief executives trying to expand their businesses, according to a prominent survey, the first time it has broken into the top three. The 26th annual poll of business leaders conducted by PricewaterhouseCoopers LLP found that the UK was behind only the US and China, and equal ...

Bloomberg The Pentagon is struggling to get China to resume military-to-military talks, according to a senior US defense official, underscoring continuing tensions between the two sides despite last year’s meeting between Presidents Joe Biden and Xi Jinping. China cut off talks with the US on military, climate change and other issues after then-House Speaker Nancy Pelosi’s visit to Taiwan in ...

  Bloomberg Indians view the US as the biggest military threat after China and place greater blame on Nato and Washington than on Vladimir Putin for his war in Ukraine, according to a new survey. Some 43% of the 1,000 respondents perceived China — with whom India has a long-lingering border dispute and has seen tensions flare again since 2020 ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Yoon Suk Yeol, President of the Republic of Korea, visited the Barakah Nuclear Energy Plant on Monday to celebrate the completion of Unit 3 and witness the continued progress of the plant, located in the Al Dhafra region of Abu Dhabi, UAE. The Presidential visit ...

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan presented awards to the 10 winners of the 2023 Zayed Sustainability Prize on Monday. The Prize’s Awards Ceremony coincided with the beginning of the 2023 Abu Dhabi Sustainability Week (ADSW). The ceremony was also attended by HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime ...

  Abu Dhabi / WAM Mubadala Investment Company (Mubadala) has announced its investment in Dental Care Alliance (DCA), a leading US-based dental services organisation with approximately 390 allied practices, alongside funds managed by Harvest Partners, LP (Harvest Partners), an established private equity firm focused on investing in middle-market companies. DCA is one of the largest multi-branded dental support organisations in ...

Dubai / WAM Dubai Culture and Arts Authority (Dubai Culture) signed an MoU with Fiker Institute, an interdisciplinary think-tank which specialises in international relations, public policy and culture, to establish a knowledge partnership, with the aim of supporting Dubai’s cultural scene globally and advancing research on cultural and creative industries through panel discussions, publications, debates, and the exchange of experiences, ...