Dubai / WAM Reducing food waste is the key to a brighter future for humans and the planet, panellists agreed at the World Majlis: The Value of Food session, held at Terra — The Sustainability Pavilion. Thought-leaders, visionaries, and changemakers came together as part of Expo 2020 Dubai’s Food, Agriculture and Livelihoods Week to exchange ideas on how to ...

  RAS AL KHAIMAH / WAM His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has said that Ras Al Khaimah is taking deliberate steps to enhance its presence as a leading destination for hosting the most important sports competitions. His Highness pointed out that the events witnessed by the emirate during ...

  Bloomberg Australian utility AGL Energy Ltd rejected a multibillion-dollar takeover bid from Brookfield Asset Management Inc and technology billionaire Mike Cannon-Brookes, who plan to accelerate the closure of the company’s polluting coal-fired power plants. Brookfield and Cannon-Brookes’s investment firm Grok Ventures have a $14 billion transition plan to shift AGL to clean energy and “remains optimistic that an agreement ...

Hong Kong’s rapid isolation from the rest of the world has business executives, investors and expatriates asking whether Singapore will overtake the territory as Asia’s main financial center. If that’s the ambition, there’s a lot of ground to cover. A more realistic outcome is that the two locations work as complements, rather than competitors for global talent. The situation in ...

When Mark Zuckerberg described the metaverse last year, he conjured an image of harmonious social connections in an immersive virtual world. But his company’s first iterations of the space have not been very harmonious. Several women have reported incidents of harassment. I had several uncomfortable moments with male strangers on social apps run by both Meta Platforms Inc (formerly known ...

  The surge in mortgage rates we’ve seen this year is making an already dysfunctional housing market even more uncertain. Higher lending costs will make housing less affordable, which should cool demand and at least slow price increases. But the more significant impact in a market struggling with historically-low levels of inventory is what it means for supply. Unfortunately, at ...

  Boris Johnson’s Conservative government, desperate to show the benefits of quitting the European Union, has called for an “investment big bang”: He’ll clear regulatory obstacles so that pension funds and insurers can channel tens of billions of additional pounds into modernising Great Britain and raising living standards. But the upcoming overhaul of capital rules for insurers has little to ...

  Bloomberg Thailand’s economy grew faster than expected last quarter, buoyed by rising exports and tourist arrivals, firming its recovery as it faces risks this year from inflation and Omicron variant. Gross domestic product during October-December rose 1.9% from a year ago, the National Economic and Social Development Council (NESDC) said. That beat the median growth estimate of 0.8% in ...

  Bloomberg South Korea’s early trade figures offered signs that global demand remains robust in February even as the value of shipments rose by the smallest amount in almost a year. Exports advanced 13.1% in the first 20 days of the month from the previous year, led by semiconductors and oil products, the customs office reported. Overall imports rose 12.9%, ...

  Bloomberg India’s monsoon, which irrigates more than half of the country’s farmland and is critical for economic growth, is likely to be normal this year, according to private forecaster Skymet Weather Services Pvt. This could mark a fourth straight year of normal monsoon, and is important because the June-September rainy season delivers as much as 90% of India’s annual ...