Bloomberg French President Emmanuel Macron said Europe must work to counter the “troubled times” ahead as it faces a new wave of extremism. “The world is fracturing, new disorders are appearing and Europe is tipping almost everywhere toward extremes and again is giving way to nationalism,” Macron said in a television announcement on Tuesday evening, only his second since he ...

Bloomberg Ivory Coast President Alassane Ouattara’s ruling alliance won a majority in local elections that were contested by its former coalition partner as political divisions in the world’s biggest cocoa grower widen ahead of a 2020 presidential vote. Ouattara’s Rally of Houphouetists for Democracy and Peace took 92 municipalities in the October 13 election, the electoral commission said in a ...

Bloomberg Instgramming tourists may soon get the chance to reenact one of Asia’s most iconic moments in recent memory: April’s embrace between the leaders of the two Koreas. Visitors to the Joint Security Area—where soldiers from the two sides have stood face to face for decades—will be able to freely cross the demarcation line “in the near future,” South Korea’s ...

Abu Dhabi / WAM The Abu Dhabi Department of Urban Planning and Municipalities (DPM), signed an agreement, on Wednesday, with the United Nations Human Settlements Programme, UN-Habitat, for Abu Dhabi to host the 10th World Urban Forum (WUF10), in 2020. This will be the first time an Arab country hosts the landmark forum. The forum will be convened by UN-Habitat, ...

Abu Dhabi / WAM Students from the UAE, Australia and the Netherlands on Wednesday interacted with academia, industry representatives and thought leaders on sustainable agriculture, food production and consumption, as the UAE marked the World Food Day. Titled ‘Our Food, Our Future’, the youth workshop was organised by the Ministry of Climate Change and Environment (MoCCAE), in collaboration with the ...

Abu Dhabi / WAM The 6th edition of the International Franchise Exhibition (IFE), organised by the Abu Dhabi Chamber of Commerce and Industry, kicked off with the participation of key government entities, numerous major international brands, companies, and renowned experts alongside thousands of visitors from 16 countries. The exhibition is being held at the Abu Dhabi National Exhibition Centre (ADNEC), ...

Dubai / Emirates Business The 6th Annual World Aviation Safety Summit (WASS) will provide a focus on approaches for handling dangerous goods, organisers of the event revealed on Wednesday. Hosted by the Dubai Civil Aviation Authority WASS 2018 is set to return for its sixth edition on December 11 and 12 at Roda Al Bustan, Dubai. More than 1.25 million ...

Bloomberg Organisation of Petroleum Exporting Countries (Opec) again sought to reassure markets after one of its biggest customers complained about the pain of high prices. “There is no cause for alarm,” Opec Secretary-General Mohammad Barkindo said, adding that India had sent a letter bemoaning the state of the oil market. While insisting supplies are sufficient, he neglected to specify how ...

Bloomberg Drax Group Plc agreed to buy some of Iberdrola SA’s power plants for 702 million pounds ($923 million), boosting its clean energy assets in a further shift away from burning coal. The acquisition involves pumped storage, renewable hydro and gas-fired power assets and will increase the utility’s generation capacity by more than 60 percent to about 6.6 gigawatts, Chief ...

Bloomberg HSBC Holdings Plc’s pension manager plans to invest 250 million pounds ($329 million) of its pension scheme into renewable energy infrastructure for wind and solar in the UK, joining around 30 other firms making similar climate change pledges. Amazon.com Inc. also committed to installing 20 megawatts of solar power at depots around the country, while EDF Energy Plc said ...