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Covid-19: UAE reports 761 more recoveries

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHaP) announced on Sunday that it conducted 97,251 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. MoHaP also noted an additional 761 individuals had fully recovered from Covid-19, bringing the total number of recoveries to 74,273. As part of its intensified testing campaign, MoHaP announced ...

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Al Ain Zoo contributes to global wildlife conservation efforts

Al Ain / WAM In line with its ongoing commitment to contribute to global wildlife conservation efforts, Al Ain Zoo has announced that it exchanged knowledge and expertise with Lewa Wildlife Conservancy, located in the Republic of Kenya. The visit came as part of Al Ain Zoo’s efforts to conserve number of endangered species and to become part of international ...

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Pemex expects drop in oil exports over next three years

Bloomberg Petroleos Mexicanos expects a drastic drop in oil exports over the next three years as the company faces the twin challenges of declining output and supplying crude to a controversial new $8 billion refinery championed by the country’s President Andres Manuel Lopez Obrador. Pemex, as the state oil company is also called, is forecasting a reduction of almost 70% ...

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No Democrat speaks to Tories quite like Trump

The barbs being traded across the Atlantic, between British Conservatives and American Democrats, are a reminder of how this US presidential race is an awkward one for Boris Johnson’s Tories. Whisper it, but Donald Trump has been almost as influential in reshaping the means and mien of the UK’s Conservative Party as he has the Republican Party. Many Tories quite ...

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Toyota or pakora? India must choose

Narendra Modi says, “Make in India.” Toyota Motor Corp says, stop treating cars as though they were like objectionable items. The Japanese carmaker has a point about the tax structure being unviable for the industry, and Shekar Viswanathan, vice chairman of the India unit, made it forcefully in an interview to Anurag Kotoky of Bloomberg News. However, instead of trying ...

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Is the world giving up on recycling plastic?

Is plastics recycling a lie? That’s the question at the heart of a new investigation into whether Americans have been filling up their blue bins with misplaced hope. The evidence on the side of recycling doesn’t look good. As far back as 1974, industry insiders were doubting whether plastics could ever be recycled economically. More recently, China’s decision to severely ...

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Are we heeding mother nature’s warnings?

Fires that have consumed swathes of Australia, the Arctic and now the western US are lighting only a tiny flame under climate action for the world’s top polluters. It’s hard to imagine how the past two years could have included more environmental alarm bells, from the ancient peatlands ablaze in the thawing north to mercury hitting just over 54 degrees ...

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Japan’s inflation goes negative again in Aug

Bloomberg Japan’s key inflation gauge went negative again last month, underscoring the challenge the Bank of Japan and new Prime Minister Yoshihide Suga face in trying to restore price momentum amid the pandemic. Consumer prices excluding fresh food fell 0.4% in August from a year earlier, going negative again after two months of staying unchanged, the ministry of internal affairs ...

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Hong Kong urged to boost stimulus on fiscal war chest

Bloomberg Hong Kong’s government is drawing fresh criticism from economists and business advocates who say a third round of virus relief stimulus doesn’t go far enough. While Chief Executive Carrie Lam’s latest spending plan will draw from the city’s fiscal reserve of HK$976.6 billion ($126 billion) in July, that cash pile is still seen by economists as large enough to ...

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Chinese HR company gets $5.3b takeover approach

Bloomberg 51job Inc received a takeover approach from DCP Capital Partners that values the Chinese human-resources company at $5.3 billion. DCP, an Asian private-equity firm, made a non-binding cash offer of $79.05 per common share in a letter to the company, 51job said. 51job said it hasn’t yet had a chance to carefully review and evaluate the offer. Founded in ...

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