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US envoy warns Russian attack as ‘springboard’

Bloomberg The US ambassador to the Organization for Security and Co-operation in Europe (OSCE) warned Russia could use any Ukraine territory it holds onto as a “springboard” to capture more terrain. Germany’s chancellor said Russia wants to “bomb us back to a time when war was a common political tool.” Nato Secretary General Jens Stoltenberg told allies the war “may ...

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Singapore’s PM warns against isolating China after Biden visit

Bloomberg Singapore’s Prime Minister Lee Hsien Loong urged that China remain integrated in the region, days after US President Joe Biden visited Asia for a series of summits that excluded the world’s second-largest economy. “If US-China relations continue on this path, it will lead to further bifurcation of technology and splitting of supply chains or even worse unintended consequences,” Lee ...

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Apple to boost pay for US employees

  Bloomberg Apple Inc is raising salaries for workers in the US by 10% or more as it faces a tight labour market and the spread of unionisation efforts across its retail stores. The Cupertino, California-based company is expanding its overall compensation budget this year, it said in a statement. It will hike minimum hourly pay for its staff to ...

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Futures mixed as traders weigh Fed, China outlook

  Bloomberg US equity futures were mixed and bonds gained on Thursday as traders weighed Federal Reserve minutes that struck a less hawkish note with downbeat remarks on China’s economy by Premier Li Keqiang. Contracts on the Nasdaq 100 and S&P 500 fluctuated amid mixed corporate news. Nvidia Corp. fell more than 5% in premarket trading as China’s Covid-19 lockdowns ...

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UAE begins waste-to-energy era

  Abu Dhabi / WAM The UAE began a new era of clean energy production and climate neutrality by producing the first kilowatt (KW) of energy from waste, through the inauguration of the Sharjah Waste-to-Energy Plant. The plant, the first of its kind in the region, will help turn nearly 300,000 tonnes of waste into energy annually, producing 30 megawatts ...

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UAE non-oil foreign trade close to AED500b in Q1 ’22

  Abu Dhabi / WAM The UAE’s non-oil foreign trade in the first quarter (Q1) of 2022 was close to AED500 billion for the first time in the country’s history, totalling AED499.7 billion, a growth of 20.5 percent compared to AED414.6 billion recorded in the same period of 2021, according to the Federal Competitiveness and Statistics Centre. This figure is ...

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Seha launches new mobile visa screening clinic service

Abu Dhabi / WAM Abu Dhabi Health Services Company (Seha) has launched a new Mobile Visa Screening Clinic that can visit employees at workplaces across the UAE capital. The mobile visa screening clinic of Seha features two examination rooms, two x-ray rooms, a blood collection room, and two waiting areas with 12 chairs. The client’s journey, which takes 15 to ...

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