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 …