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  Bloomberg German inflation slowed in January to the lowest level in five months thanks to further government aid to ease the burden on households from soaring energy costs. Consumer-price growth eased to 9.2% from 9.6% in December, Germany’s statistics agency said Thursday. Destatis had postponed the data’s scheduled release last week due to processing problems. That delay forced Eurostat ...

  Bloomberg Applications for US unemployment benefits rose for the first time in six weeks but remained historically low, underscoring the resilience of the job market despite mounting economic uncertainty. Initial unemployment claims rose by 13,000 to 196,000 in the week ended Feb. 4, Labor Department data showed Thursday. The median forecast in a Bloomberg survey of economists called for ...

  Bloomberg UK property surveyors said the housing market settled further into hibernation in January as buyer inquiries, agreed sales and new instructions to sell all fell again. The lackluster activity, driven by higher interest rates and the tightest cost-of-living squeeze in generations, translated into a further drop in prices at the start of the year, the Royal Institution of ...

  Bloomberg Joe Biden hosts his counterpart Luiz Inacio Lula da Silva at the White House Friday in a show of support for Brazilian democracy, shaken last month by a right-wing insurrection akin to the invasion of the US Capitol in 2021. Washington and Brasilia organized the meeting with unusual urgency, scheduling it just six weeks after Lula’s inauguration. Yet ...

Bloomberg Romania denied an earlier claim that a Russian missile had crossed into its air space, an incident that risked escalating tensions with Nato as the Kremlin launched a barrage of attacks across Ukraine. Romania’s Defense Ministry said authorities detected an aerial target on Friday, most likely a cruise missile, launched from a Russian warship in the Black Sea near ...

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan accepted condolences from several Sheikhs and citizens over the passing of Sheikha Maryam bint Abdullah bin Sulayem Al Falasi. Accepting condolences along with His Highness Sheikh Mohamed were Sheikh Khalifa bin Hamdan Al Nahyan, Sheikh Hamad bin Hamdan Al Nahyan, Sheikh Sultan bin Hamdan Al Nahyan, Sheikh ...

  Abu Dhabi / WAM Adnoc Distribution on Thursday reported strong earnings for full-year 2022, with year-on-year growth in Ebitda by 15 percent to AED3.52 billion, and net profit by 22 percent to AED2.75 billion for 2022. The company’s total fuel volumes continued to increase during the year, recording an 8 percent year-on-year growth through 2022 – with commercial fuel ...

  Abu Dhabi / WAM Abu Dhabi Airports, the operator of the emirate’s five airports, on Thursday released its passenger traffic results for 2022. From January 1 to December 31, 2022, 15.9 million guests used Abu Dhabi International, Al Ain International, Al Bateen Executive, Delma Island and Sir Bani Yas Island Airports – tripling the 5.26 million achieved in 2021. ...

  Abu Dhabi / WAM The United Arab Emirates has announced that it will allocate AED1.83 million in cooperation with “Nadia Murad’s Initiative”, to implement the second phase of a comprehensive development project to provide water supply and sanitation in the Sinjar district of Iraq. Sultan Al Shamsi, Assistant Minister of Foreign Affairs and International Cooperation for International Development Affairs, ...

Bloomberg A.P. Moller-Maersk A/S, a bellwether for global trade, said “muted” economic growth is set to push the world’s container shipping volumes down by as much as 2.5% this year. The shipping market has normalized after two years of exceptionally high freight rates, when supply snarls and and a shortage of vessels allowed Maersk and its peers to charge higher ...