September, 2022

• 14 September

  UAE all set to host ISO annual meeting from Sept 19-23

  

  ABU DHABI / WAM The UAE is set to host the Annual Meeting of the International Organisation for Standardisation (ISO) 2022 at the Adnoc Business Centre in Abu Dhabi from 19th to 23rd September, 2022. Organised by the Ministry of Industry and Advanced Technology (MoIAT), the event will take place in the presence of Ulrika Francke, President of the ISO, ...

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• 14 September

  Ukraine’s army is winning but its economy is losing

  

  My first visit to Kyiv since the Russian invasion in February coincided with a major Ukrainian military success in the east of the country, where Kupyansk and Izyum were liberated and Russian troops routed. However, the government of President Volodymyr Zelenskiy is too smart to celebrate one successful battle when there is a war to be won against a still-formidable ...

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• 14 September

  Can Japan love foreign tourists again?

  

  Japan looks like it may finally open its borders and end its splendid isolation. The key question is: Can it learn to love foreign tourists again? After a series of head fake border re-openings this year which promised more than they delivered, a report that Japan would scrap most restrictions on tourists was the big one. If realised, the plans ...

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• 14 September

  Can you make an EV without losing billions?

    New electric models from Rivian Automotive Inc and Lucid Group Inc have won rave reviews, but you’ll have to be patient to drive one. Since commencing production one year ago, the two companies have produced only around 10,000 vehicles altogether as of June 30. Compare that with Volkswagen AG, which manufactures twice that every day. As the startups are ...

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• 14 September

  Hints of Russia’s future in South Africa’s past

    Since Russia’s invasion of Ukraine, allied nations have unleashed a suite of sanctions so rapid and broad in its reach that there are no true precedents. Even, say, curbs on Venezuela — oil producer cut off from global finance — are by necessity imperfect. But there’s another commodity exporter whose experience offers less obvious lessons for sanctioning nations and ...

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• 14 September

  Asda, Iceland bonds climb out of doldrums on bill aid

  

    Bloomberg British supermarket chains Asda Group Ltd and Iceland Foods Ltd have seen their bonds move out of the distressed zone after British Prime Minister Liz Truss’s promised help on energy bills. With Britons expected to have more money in their pockets to spend on essential groceries, the sweeping package of measures to contain spiraling energy bills announced last ...

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• 14 September

  Aldi becomes fourth biggest grocer in UK 

  

    Bloomberg Aldi has become Britain’s fourth largest supermarket for the first time, overtaking Wm Morrison Supermarkets Plc to gain 9.3% of the country’s grocery market. The German discounter’s market share climbed 1.2 percentage points in the 12 weeks to September 4, retail data company Kantar said. Brits have been turning to cheaper outlets and own-brand labels amid the country’s ...

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• 14 September

  China’s C919 to rival Airbus, Boeing set to be certified

  

    Bloomberg China’s homebuilt single-aisle passenger jet, the C919, aimed at rivaling planes made by Airbus SE and Boeing Co, could be certified by Chinese regulators as early as September 19, local media reported, in a nod to the aircraft’s model type. The long-awaited granting of an airworthiness certificate for the jet built by Commercial Aircraft Corp of China, or ...

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• 14 September

  Sainsbury’s hikes pay, offers food to cash-strapped staff

    Bloomberg J Sainsbury Plc has become the latest British retailer to unveil a “cost of living support package” that it says will help staff cope with the steepest inflation in decades. The UK’s second-biggest supermarket will lift pay by 25 pence ($0.34) an hour and offer free food and other discounts for employees, it said. Inflation has already moved ...

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• 14 September

  Xi returns to world stage with Putin to counter US global order

  

    Bloomberg In the almost 1,000 days since Xi Jinping last ventured abroad, China has found itself increasingly isolated within the US-led world order. He’s finally reemerging this week alongside Russia’s Vladimir Putin to showcase his vision for a viable alternative. Xi and Putin this week are expected to hold their first in-person chat since Russia invaded Ukraine, showing that ...

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