April, 2023

• 9 April

  US election in 2024 won’t change Aukus plans: Australia PM

  

  BLOOMBERG Australia is confident its agreement with the US to purchase a fleet of nuclear submarines for delivery in the early 2030s will go ahead no matter who wins the 2024 election, Prime Minister Anthony Albanese said. In an interview broadcast on Sky News on Sunday, Albanese was asked about growing political division in the US following the indictment of ...

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• 9 April

  China holds military exercises around Taiwan

  

  BLOOMBERG China held a second day of military drills around Taiwan, with multiple exercises involving aircraft and ships, after the island’s president, Tsai Ing-wen, returned from a visit to the US. Taiwan’s Defense Ministry said in a statement that it detected 58 aircraft from China’s People’s Liberation Army (PLA) and nine warships near Taiwan as of midday, with 31 of ...

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• 9 April

  Russia formally charges US reporter with spying

  

  BLOOMBERG Russia has formally charged Wall Street Journal (WSJ) correspondent Evan Gershkovich with spying, Russian state media reported, citing people familiar with the case. The reported charges by Russia’s Federal Security Service (FSB), come more than a week after the US citizen was detained during a reporting trip to Ekaterinburg in Russia’s Ural Mountains region. Gershkovich has denied the changes, ...

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• 9 April

  Tesla cuts prices of all models for second time this year

  

  BLOOMBERG Tesla Inc marked down all of its vehicles again in the US after price tweaks throughout the first quarter yielded an incremental sales gain. The company discounted each version of its higher-volume Model 3 and Y electric vehicles by at least $1,000, and versions of its costlier Model S and X vehicles by $5,000. It also introduced a new ...

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• 9 April

  Samsung investors brace for worst profit in over 14 years

  

  BLOOMBERG Samsung Electronics Co is heading for its lowest profit since the global financial crisis, if not longer, due to a sharp slowdown in tech demand that triggered losses at its semiconductor division. The South Korean chipmaker, which reports preliminary results for the March quarter, is expected to say operating profit plummeted about 90% to 1.45 trillion won ($1.1 billion), ...

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• 9 April

  Apple’s $165b cash hoard creates M&A mirages

  

  BLOOMBERG Apple Inc’s slowing growth and cash-rich balance sheet are again fuelling speculation that the world’s most valuable company should make a big acquisition. Entertainment giant Walt Disney Co joined a long list of potential acquisition targets that over the years has grown to include Netflix Inc, Tesla Inc, Peloton Interactive Inc. and Sonos Inc. They all have one thing ...

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• 7 April

  Dubai Airports receives two international safety awards

  

  DUBAI / WAM Dubai Airports, the operator of Dubai International (DXB) and Dubai World Central (DWC), has been awarded two prestigious international safety awards. The operator was granted a “Silver” Royal Society for the Prevention of Accidents, UK (RoSPA) award, and the International Safety Award 2023 with “merit” status by the British Safety Council. The two honours were granted in ...

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• 7 April

  WHO nations map out accord to protect world from future pandemic emergencies

  

  GENEVA / WAM Countries of the World Health Organisation (WHO) have mapped out how negotiations on a global accord on pandemic prevention, preparedness and response will move forward with a view to presenting a draft accord for approval by the World Health Assembly in May 2024. Discussions on the draft pandemic accord took place during the fifth meeting of the ...

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• 7 April

  Ajman, Bulgaria discuss economic cooperation

  

  AJMAN / WAM Abdullah Mohammed Al Muwaiji, Chairman of the Board of Directors of the Ajman Chamber for Commerce and Industry, and Ivan Jordanov, Ambassador of Bulgaria to the UAE, discussed opportunities for trade and investment cooperation between the two countries and ways of strengthening the partnership between Emirati and Bulgarian business owners. Al Muwaiji lauded Jordanov’s visit and stressed ...

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• 7 April

  UAE’s MBZUAI advances global healthcare with new AI research

  

  ABU DHABI / WAM The benefits of AI’s (artificial intelligence) application to healthcare are often described using words such as speed, consistency, and cost, but there is another descriptor that is often overlooked: personalisation. While experts often use statistics to illustrate the enormity of disease burdens on populations, AI is poised to tackle complex healthcare challenges through disruptive technologies that ...

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