Bloomberg The European Union (EU) is set to propose all new cars sold from 2035 should have zero emissions, as part of an unprecedented plan to align its economy with more ambitious climate targets. The European Commission, the bloc’s regulatory arm, plans to require emissions from new cars and vans to fall by 65% from 2030 and drop to zero ...

Bloomberg Canada’s transportation authority imposed new rules on its two largest railroad companies operating in wildfire-ravaged British Columbia as it investigates whether a freight train caused a blaze that destroyed a village two weeks ago. Canadian National Railway Co. and Canadian Pacific Railway Co will have to ensure they can respond within 60 minutes to any fire detected along rail ...

Bloomberg Microsoft Corp. has agreed to acquire RiskIQ, a security software maker, as the tech giant tries to expand its products and better protect customers amid a rising tide of global cyberattacks. The deal will be announced as soon as the next few days, said the people, who asked not to be identified speaking about an acquisition that isn’t yet ...

Bloomberg Equity investors in India face the risk of earnings disappointment after a rally that’s propelled the local stock benchmark to successive records this year, according to JPMorgan Chase & Co. As business activity resumes following one of the world’s deadliest coronavirus outbreaks, consensus earnings estimates may end up being overdone, said Sanjay Mookim, head of India equity research at ...

Bloomberg Markets settled into a holding pattern on Tuesday as traders awaited key American inflation data and second-quarter earnings reports from some of the world’s biggest banks. Treasuries and the dollar were steady. Contracts on the S&P 500 and the Nasdaq 100 fluctuated around small gains and losses after the underlying indexes closed at records. JPMorgan Chase & Co and ...

DUBAI / WAM HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has inaugurated a series of road networks and strategic development projects implemented with the aim of shortening the distance and transportation time between various regions and emirates in the country. Completed at a total cost of AED1.95 billion, the projects were implemented ...

ABU DHBAI / WAM The value of Abu Dhabi’s foreign trade of foodstuffs amounted to AED7.51 billion during the first five months of 2021, reflecting emirate’s maintain its commercial activity levels, according to data issued by the General Administration of Customs in Abu Dhabi (Abu Dhabi Customs). In terms of foodstuff trade, the number of customs transactions reached 72,918 (66,389 ...

ABU DHABI / WAM The Ministry of State for Federal National Council (MFNCA) has presented the success of its political engagement process at third Forum of Electoral Management Bodies in Arab States, with its theme ‘Electoral Systems in Arab Countries’. Held over three days, the virtual forum was organised by the League of Arab States’ Electoral Affairs Department, in conjunction ...

ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc), announced on Monday, that it has joined Hydrogen Council — an international organisation that aims to accelerate the global position of hydrogen through its member companies. Hydrogen and its carrier fuels have great potential as new, low carbon fuels, which Adnoc and the UAE are well placed to capitalise upon. ...

DUBAI / WAM World Security, an affiliate of DP World, UAE Region, kickstarted 2021 on a high note with projects in varied crucial sectors, ranging from retail, government institutions and the hospitality sector. Building strong partnerships and collaborations is one of the core values of World Security. Working on this principle, the company has carved a way for itself by ...