April, 2023

• 23 April

  Russia expected to expel about one-third of German diplomats

  

  BLOOMBERG Russia will cut staff limits for German diplomatic missions and expel about one-third of Berlin’s diplomats currently working in the country, foreign ministry in Moscow said. The ministry said the move was meant to “mirror” the recent expulsion of Russian diplomats from Germany. Relations between the former major trading partners continue to deteriorate as President Vladimir Putin’s war against ...

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• 23 April

  Indian police arrest fugitive Sikh separatist preacher

  

  BLOOMBERG Amritpal Singh, a fugitive Sikh separatist leader, surrendered to the Indian police in the state of Punjab, ending a tense weeks-long chase. The self-styled preacher, who has tried to revive a banned movement to create an independent state of Khalistan, was arrested in Moga, according to a tweet from Punjab police. The search for Singh, 30, prompted police to ...

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• 23 April

  Japan’s ruling party faces tight races in clue to election

  

  BLOOMBERG Prime Minister Fumio Kishida’s ruling party won at least one of five Japanese by-elections but faced close races in the others, public broadcaster NHK said, with the results seen as key to his decision on election timing. The premier’s ruling Liberal Democratic Party (LDP) is fighting to keep the three seats it previously held of the five. Managing to ...

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• 23 April

  Italy rethinks its close China relations

  

  BLOOMBERG Prime Minister Giorgia Meloni is getting dragged into the escalating tensions between Washington and Beijing as she tries to disentangle Italy from its close relationship with China. Meloni, the right-wing leader who came to power less than a year ago, is leaning towards pulling out of an agreement to join China’s controversial Belt and Road Initiative, which has funded ...

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• 23 April

  Greece’s PM confirms general vote on May 21

  

  BLOOMBERG Greek PM Kyriakos Mitsotakis confirmed a general vote on May 21, completing the formal process to call for an election that will take place in the aftermath of a deadly train crash which has shaken the country. The country is today very close to recovering its investment grade, a development that will mean lower borrowing costs for the state, ...

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• 23 April

  BYD’s EV hatchback at $11,450 set to reshape China’s first-car market

  

  BLOOMBERG A new electric hatchback starting from just 78,800 yuan ($11,450) from BYD Co is set to intensify competition in China’s already crowded entry-level car market. Unveiled at the Shanghai auto show, the Seagull drew big crowds with its neon yellow exterior and budget price tag. The 55kW motor provides around 190 miles (300 kilometres) of charge at a top ...

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• 23 April

  Alphabet CEO’s pay soars to $226m on huge stock award

  

  BLOOMBERG The pay package awarded to Alphabet Inc Chief Executive Officer Sundar Pichai soared to $226 million in 2022, boosted by a triennial stock grant, making him one of the world’s highest-paid corporate leaders. The stock award portion of his pay amounted to $218 million, according to a filing from the Google parent company. He received a total of $6.3 ...

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• 23 April

  Tim Cook officially opens India’s first Apple store

  

  BLOOMBERG Chief Executive Officer Tim Cook officially opened Apple Inc’s first company-owned store in India, betting the iPhonemaker’s retail outlets will help accelerate sales growth. Cook, dressed in gray pants, blue half-sleeve shirt and sneakers, hugged the first customers and posed for selfies with them at the shop’s launch in the financial hub of Mumbai. Dozens of staff dressed in ...

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• 23 April

  Ending deforestation likely to cost $130 billion a year

  

  BLOOMBERG It would likely cost more than $130 billion a year to end deforestation by the end of this decade, according to a report from a group of financiers, energy industry executives and academics. The Energy Transitions Commission (ETC), which counts senior BP Plc and BlackRock Inc employees among its members, said the analysis is a first-of-its-kind estimate of how ...

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• 20 April

  Qasr Al Watan to welcome visitors during Eid Al Fitr

  

  ABU DHABI / WAM With the close of Ramadan around the corner, Qasr Al Watan, also known as the Palace of the Nation, in Abu Dhabi is set to welcome visitors during Eid Al Fitr. Visitors will have unique cultural experience steeped in Arabian heritage and artistry at Qasr Al Watan, with its truly stunning architecture and interiors, engaging exhibitions ...

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