Bloomberg Chancellor Angela Merkel’s sweeping moves to cut carbon emissions from transport took a step closer as details emerged over plans to increase tax on air travel. Germany will raise levies on all flight tickets, both domestic and long-haul trips, according to an air transport bill. The move, taking effect from next year, is a key part of plans to ...

ABU DHABI / WAM The UAE is the top regional contributor and the world’s fifth largest donor to the World Food Programme (WFP), with 2019’s contributions amounting to $270 million, a top WFP official said. “However, the major contribution of the UAE is hosting the WFP over the past 15 years. The UAE is contributing efficiently to our operations in ...

Bloomberg The World Trade Organisation (WTO) gave President Donald Trump the go-ahead to impose tariffs on as much as $7.5 billion worth of European exports annually in retaliation for illegal government aid to Airbus SE. The award is the largest in WTO history — nearly twice as large as the previous record of $4.04 billion set in 2002. The ruling ...