ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 527,913 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...
Read More »Blog Layout
Expo 2020: Dewa provides 88,000 KWh of electricity to EVs
DUBAI / WAM Dubai Electricity and Water Authority’s (Dewa’s) EV Green Charger stations at Expo 2020 Dubai have provided 87,772 kilowatt-hours (KWh) of electricity for the electric vehicles (EV) of visitors to the exhibition during its first three months, with 3,681 charging transactions. This helped visitors travel approximately 415,000 kilometres in eco-friendly vehicles. Dewa provided Expo 2020 visitors with ...
Read More »A renewables bubble is hit by the perfect storm
Good luck finding an industry hit as hard by the inflation and supply-chain upheaval as wind-turbine makers. Manufacturers like Vestas Wind Systems have been blown off course by a perfect storm of transport snarl-ups and surging freight and raw material costs. Instead of raking in profits on soaring demand for clean energy, the Danish firm is struggling just to ...
Read More »What if technology turns against us?
How to respond to climate change is often postulated as the central question of our time, and while that’s undeniably important, I have another nomination: How will we stop our new and often splendid technologies from being weaponised against us? I use the term weaponisation quite literally — drone attacks, cyberattacks, hostile uses of artificial intelligence, and attacks from space, ...
Read More »What happens in Ottawa may not stay in Ottawa
The nationwide truckers’ protest in Canada, known as the “Freedom Convoy†and centered in Ottawa, reflects so many global trends that it’s hard to say what it means. But the movement may well end up as the most consequential story of the year. Under one plausible reading, many Canadians are exhausted by their government’s pandemic restrictions. The protests started ...
Read More »Populism may lose its influence over markets
A popular tenet of investing wisdom is to focus on the long-term. This is usually applied to quantitative methods of investing, such as considering historical 10- and 20-year returns of global asset classes rather that looking at what specific sectors or companies did last year, and what analysts guess they will do next year. A new report from the ...
Read More »Pilots in US detect possible interference post 5G rollout
Bloomberg US safety regulators have received more than 100 pilot reports of possible inteference from 5G wireless signals —including three near Chicago O’Hare International Airport — since the new mobile phone service began. The reports of anomalies on aircraft devices known as radar altimeters are being reviewed by the Federal Aviation Administration, said three people familiar with the matter ...
Read More »Japan’s ANA calls for relaxed ‘border rules’
Bloomberg The head of Japan’s biggest airline has urged the government to ease its strict border controls, which have effectively shut the nation to foreigners, saying they are hurting the economy and the aviation industry. “There are various problems happening with the situation that foreigners can’t enter Japan,†Yuji Hirako, the president of All Nippon Airways Co. said in ...
Read More »Starbucks illegally fired seven activists
Bloomberg The union organizing Starbucks Corp. employees filed a federal complaint accusing it of illegally firing activist employees, marking a new and more contentious chapter in the efforts to expand labor representation among the company’s workers. In a filing with the National Labor Relations Board, the union, Workers United, said Starbucks violated federal law by firing seven employees at ...
Read More »Billionaire’s startup Indian airline will use stock options to lure staff
Bloomberg Akasa, a new Indian airline backed by billionaire Rakesh Jhunjhunwala, plans to offer stock options to attract staff, using a lure more often deployed by technology startups in its bid to gain a foothold in one of the world’s most competitive air-travel markets. The carrier, which is preparing to start flying in late May, is taking the unusual ...
Read More »