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Adnoc Distribution trains Emiratis to take on leadership roles

Abu Dhabi / WAM Adnoc Distribution has trained 254 UAE national employees to take on leadership roles across its network of service stations. ‘Tomooh’ – meaning ambition in Arabic – is a customised frontline leadership programme developed in collaboration with the Higher Colleges of Technology (HCT). Led by the Centre of Excellence for Applied Research and Training (CERT) – the ...

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Octopus aims to lead UK power market

Bloomberg Octopus Energy Ltd, the clean energy provider, plans to add millions of new customers this decade on a pace that could soon make it the UK’s largest energy supplier. Octopus Energy hopes to reach about 5 million households in the UK by 2025, according to Chief Executive Officer Greg Jackson, up from about 1.6 million today. The British energy ...

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Japanese firm to sell bonds with coupons linked to green goals

Bloomberg A Japanese real estate developer is planning to sell a bond whose coupon increases if it misses environmental targets, in the first issuance of its kind in the nation. Hulic Co plans to offer 10 billion yen ($94 million) of 10-year so-called sustainability-linked bonds in October, according to a filing on Tuesday. If the company isn’t able to meet ...

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China likely to skip winter LNG feast

Bloomberg Don’t expect an LNG buying binge ahead of winter from the world’s fastest growing consumer of the fuel. China will likely pull back on spot purchases of liquefied natural gas (LNG) before the peak demand season as a flurry of earlier bargain buying nearly maxed out storage space. “There is a big question about whether demand will recover enough ...

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Trump’s convention will be all about Democrats

President Donald Trump is in much worse political shape as the Republican convention begins than he was at the start of the year. He was unpopular even then. At the end of January, he was about five points behind Joe Biden in national polls, which also showed that a small majority of the country disapproved of his job performance. But ...

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Impact of virus deaths in New York

The Covid-19 pandemic has been traumatic for New York City. How traumatic, by historical standards? Well, city health authorities started keeping more or less consistent track of deaths in 1804. Every year, the city Department of Health and Mental Hygiene publishes a remarkable chart on the cover of its vital statistics report of mortality rates since then, labeled “The Conquest ...

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India’s ‘economy’ can’t be a monopoly board

Two years ago, India rolled out a laudable plan to unlock the capital trapped in some of its smaller airports. But the actual outcome from privatisation was less than reassuring: All six airfields put on the block went to one bidder. If that wasn’t enough, multiple media reports now say that Ahmedabad, Gujarat-based billionaire Gautam Adani, an early and enthusiastic ...

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