April, 2022

• 22 April

  Over 3,000 sailors to compete in 5th Dalma Race Festival

  

    Abu Dhabi / WAM Al Dhafra Region will host the fifth edition of the Historic Dalma Sailing Festival’s 60-FT Dhow Race from May 7-20, under the patronage of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region. The 60-foot traditional dhow race, with a prize fund of AED25 million, is the highlight of the ...

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• 22 April

  du donates AED1mn to ‘1 Billion Meals’ initiative

  

    Dubai / WAM du, from Emirates Integrated Telecommunications Company (EITC), has announced a donation of AED1 million to the “1 Billion Meals” initiative, the largest of its kind in the region, which aims to assist and provide sustainable food support to the underprivileged in 50 countries. The initiative has achieved exceptional success since the first days of its launch ...

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• 22 April

  General Motors, Honda in talks to develop solid-state EV batteries

  

    Bloomberg General Motors Co and Honda Motor Co are in talks about expanding their electric-vehicle partnership to include developing solid-state batteries, which automakers are chasing because they have more power, lower cost and reduced risk of fire. The companies have been discussing joint development of future batteries as they expand cooperation, though no decision has been made yet, Shinji ...

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• 22 April

  Europe witnesses weather extremes on climate change

  

  Bloomberg Climate change produced another record-breaking year of extreme weather in Europe in 2021, triggering catastrophic flooding and the hottest summer on record, according to scientists at the Copernicus Climate Change Service. Summer temperatures in Europe last year were one degree Celsius above the average of the previous 20 years, and the rainfall that battered Germany and Belgium broke records, ...

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• 22 April

  Belgian nuclear exit may lead to more emissions: IEA

  

  Bloomberg Belgium isn’t doing enough to curb its greenhouse gas emissions, a challenge highlighted by its plans to phase out nuclear energy, according to the International Energy Agency (IEA). The country, home to many of the European Union’s major institutions, has made limited progress on reducing its reliance on fossil fuels, the IEA said in a report. It called for ...

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• 22 April

  Carney says clean energy investments at third of pace needed

    Bloomberg Mark Carney, head of transition investing at Brookfield Asset Management, said investments in clean energy are running at a third the pace that’s required to meet climate goals. The world isn’t “going far enough or fast enough” to shift to low-carbon fuels, he said in an interview on Bloomberg TV. “We need to up our game.” The Glasgow ...

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• 22 April

  Putin’s Ukraine crisis may embolden Xi on Taiwan

  

  One of the biggest questions of the Ukraine war concerns tensions half a world away: What lessons will China draw from the Russian invasion? Western observers hope that Russian President Vladimir Putin’s faltering invasion of Ukraine will convince China to go slow — that it will discourage President Xi Jinping from undertaking an invasion of Taiwan. Yet there’s a real ...

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• 22 April

  Amazon takes on India’s Ambani again

  

  Their bruising battle for control of a bankrupt Indian retailer isn’t over yet, and two of the world’s richest men are already heading for a second round in their contest — this time on the cricket field. Mukesh Ambani, the petrochemicals and telecommunications tycoon, is expected to vie for broadcast and streaming rights of the Indian Premier League via his ...

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• 22 April

  Elon Musk checks his pockets for Twitter deal

    One problem with Elon Musk’s offer to buy Twitter Inc for about $40 billion is that he does not have $40 billion. Of course he is very rich — the richest person in the world, worth $260 billion by Bloomberg’s estimate — but most of that money is tied up in the stock of Tesla Inc, SpaceX, the Boring ...

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• 22 April

  Cyber nukes could be the path to digital peace

    Two world wars had raged within three decades, costing over 100 million lives, when history’s most destructive weapon was deployed in August 1945. The horrific prospect of nuclear-fuelled, mutually assured destruction has kept superpowers in check since then, and a cyber-equivalent may be just what’s needed as global hostilities turn digital. Russia’s invasion of Ukraine in February has been ...

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