April, 2018

• 21 April

  ADFSC conducts 200,000 visits to Abu Dhabi farms

  Abu Dhabi / WAM Abu Dhabi Farmers’ Services Center (ADFSC) conducted about 200 thousand extension visits to Abu Dhabi farms during 2017, focusing on providing technical and guidance support to farm owners and workers, raising their awareness of the best agricultural practices, methods of modern agriculture and optimum water use, with the aim to help increase farm productivity and improve the ...

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• 21 April

  UAE participates in 34th space symposium in Colorado

  

  COLORADO / WAM A high level delegation representing the UAE Space Agency participated in the 34th Space Symposium, held this week in Colorado, USA. The Symposium brought together space leaders from different parts of the space sector including government, industry, and military experts from around the world. Led by Dr. Ahmad bin Abdullah Humaid Belhoul Al Falasi, Minister of State ...

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• 21 April

  Trump’s lower oil prices wish wouldn’t be clear boon to US

  

  Bloomberg President Donald Trump may have a problem with oil prices being “very high,” but a decline would be a mixed bag for the US economy, thanks to the boom in American energy production. When prices plunged starting in mid-2014 and stayed low for the next two years, US producers felt the pain, much more and longer than was expected. ...

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• 21 April

  Petrobras gets three bids for natural gas unit

  

  Bloomberg Petrobras has received three bids for a 2,800-mile (4,506 kilometer) natural gas pipeline system being sold as part of a wider push to raise cash through divestments, said people knowledgeable on the matter. Mubadala Development along with EIG Global Energy Partners are leading one group while Sydney-based Macquarie Group Ltd. leads another that submitted bids for Transportadora Associada de ...

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• 21 April

  US to review natural gas pipeline policy

  Bloomberg US energy regulators embarked upon a wide-ranging review of how interstate natural-gas pipelines are approved, amid concerns that current guidelines have become outdated following the shale boom. The Federal Energy Regulatory Commission will examine the use of eminent domain, how the need for a pipeline is assessed and the extent to which greenhouse gas emissions should be taken into ...

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• 21 April

  US, China seek allies as they dig in for ‘trade tussle’

  

  Bloomberg The US and China look to be preparing for a protracted confrontation over trade and investment as they each try to line up allies for their cause. The struggle for support is being waged worldwide, with its locus shifting this week to Washington and the semi-annual meetings of the International Monetary Fund (IMF). Behind the battle: an effort by ...

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• 21 April

  Takeda raises bid for Shire to over $60 billion

  

  Bloomberg Takeda Pharmaceutical Co. sweetened its offer for drugmaker Shire Plc to more than $60 billion after three prior bids were rejected, wooing investors in the US company with a higher cash component. The Japanese company boosted its offer to 47 pounds ($65.84) a share from 46.50 pounds a share, confirming a Bloomberg News report that it was considering a ...

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• 21 April

  Chipmakers’ rout widens after TSMC ignites smartphone fears

  

  Bloomberg Asian technology stocks joined their peers in a global swoon after a disappointing sales outlook from Taiwan Semiconductor Manufacturing Co., Apple Inc.’s main chip supplier, rekindled concerns that the smartphone industry’s best days may be behind it. TSMC fell 6 percent — its biggest loss since July 2013 — after predicting current-quarter sales about a billion dollars less than ...

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• 21 April

  Education boom makes this Chinese teacher a billionaire

  Bloomberg It’s all adding up for Liu Yachao. The chief operating officer of TAL Education Group, a Beijing-based provider of tutoring services for Chinese students in core academic subjects, became the company’s second billionaire as its stock more than doubled in the past year. Chinese parents spend an average of $42,892 on their children’s education, with 93 percent of them ...

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• 21 April

  Google is Indonesia’s new weapon in war on illegal fishing

  

  Bloomberg Indonesia’s Fisheries Minister Susi Pudjiastuti deals with some dangerous men in her role, but they don’t rattle her. She has an equally intimidating weapon on her side: Google. Partnering with the search engine firm, Pudjiastuti is catching illegal fishing activity in real time, after thousands of vessels’ locations were revealed online. In her mission to clean up an industry ...

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