ABU DHABI / WAM Annual charity initiative ‘Ataya’ announced that its new online shopping destination will be launched on Thursday. Organised by Emirates Red Crescent, Ataya has become a pillar of the Abu Dhabi’s cultural calendar and a hallmark in the field of social and humanitarian work in the UAE and across the world, according to a press release issued ...

Bloomberg China says the United Nations and other international bodies should talk over Japan’s decision to dump wastewater from the Fukushima nuclear power plant into the ocean, further ramping up its criticism of Tokyo’s plans. “Japan is obliged to hold a full consultation with all stakeholders, especially neighbouring countries,” Foreign Ministry spokesman Wang Wenbin said at a regular press briefing ...

Bloomberg The European Union was poised to agree its first criteria for green investments on Wednesday, in a move that could set a benchmark for the world to follow. The stakes are high: the EU wants to raise up to 250 billion euros ($301 billion) using its first green bonds, and private funding is likely to follow into the approved ...

Bloomberg Achieving net-zero carbon emissions by 2050 is one of the greatest challenges of our time. But apparently not the greatest challenge. On current trends, the UK will have mostly given up fossil fuels before its North Sea oil and gas industry achieves gender parity, according to the sector’s trade body. “It will be well into the 2050s before the ...

India’s healthcare system is buckling under the weight of the Covid-19 pandemic: The country registered more than 1,500 deaths and nearly 300,000 infections on April 19 alone. Videos of crowded mortuaries and funeral sites, and grief-stricken relatives outside packed hospitals, are circulating among middle-class Indians. The Lancet says India could suffer more than 2,300 deaths every day by June. As ...

Get ready to pay more for some of the most utilitarian items on your shopping list. Consumer-products giant Procter & Gamble Co, maker of Pampers diapers and Tampax tampons, said that it would hike prices on items in its babycare, feminine-care and adult-incontinence divisions to cushion the blow of rising costs for raw materials such as pulp. The announcement comes ...

Already suffering from the world’s worst surge in coronavirus deaths, Brazil is now verging on political meltdown. Since late March, six members of President Jair Bolsonaro’s cabinet and the heads of all three armed services have left office, raising fears that Bolsonaro, facing re-election next year, will exploit the crisis to tighten his grip on power. The possible unraveling of ...

In recent years, Wall Street banks have dominated their European counterparts in most areas of global finance. But there’s one hot corner of the capital markets where European firms are staying ahead of their US rivals: the soaring market for green bonds. Overall, Europe’s banks have been laggards, even in their own backyard. In European mergers and acquisitions, for example, ...

Bloomberg President Vladimir Putin warned rival nations not to cross Russia’s “red line” in their actions or face a tough reaction. “Russia’s response will be asymmetric, quick and harsh,” Putin said in his annual state-of-the-nation speech on Wednesday. “They will regret it more than ever before.” Putin didn’t single out any rivals for criticism, saying Russia would decide where its ...

Bloomberg President Joe Biden said the conviction of former Minneapolis police officer Derek Chauvin was “a giant step forward in the march towards justice in America,” and called on lawmakers to ensure the legacy of George Floyd wasn’t his murder, but lasting law-enforcement reform. “No one should be above the law and today’s verdict sends that message, but it’s not ...