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US warns of Russian strikes against civilians in Ukraine

Bloomberg Russia is preparing to launch intensified strikes against civilian infrastructure as well as government facilities in Ukraine in the coming days, the US embassy in Kyiv said in a statement. It also urged American citizens to leave the country using private ground transportation if possible. Ukrainian President Volodymyr Zelenskiy has warned that Russia “may try to do something particularly ...

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Imran Khan to face court for remarks at public rally in Pakistan

Bloomberg A Pakistan court has asked Imran Khan to appear before it next week as it reviews whether remarks he made about the judiciary merit a contempt of court case, the latest in a string of legal troubles for the former premier. Separately, the government has said it is seeking legal advice on whether to pursue action on a police ...

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London’s empty office space hits highest level in 15 years

Bloomberg Office availability in central London is at its highest level in more than 15 years, the latest sign of how the pandemic-driven shift to remote working is upending demand for the commercial property. Availability was close to 31 million square feet in August 2022, according to real-estate data and information company CoStar. That’s the equivalent of about 60 Gherkin ...

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Americans’ pay floor for accepting a new job rises to $73,000

  Bloomberg The average reservation wage, or the lowest pay level that Americans would be willing to accept for a new job, rose by 5.7% from a year earlier to $72,873 in July, according to the latest labour-market survey by the Federal Reserve Bank of New York, as soaring prices change the calculus for workers. The self-reported reservation wage has ...

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Swedish construction activity drops amid sharpest fall in housing prices

  Bloomberg Swedish home construction is falling amid what may be the sharpest drop in house prices since the global financial crisis. In the first six months of this year, the number of housing starts dropped by 11% compared with the year-ago period, data from Statistics Sweden showed. The data comes as Sweden’s broader housing market is showing clear signs ...

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Abu Dhabi Chamber showcases incentives of ‘Nafis’ programme

  Abu Dhabi / WAM The Abu Dhabi Chamber of Commerce and Industry (ADCCI), in cooperation with the Abu Dhabi Department of Economic Development (Added), the Emirati Talent Competitiveness Council (Nafis), and the Ministry of Human Resources and Emiratisation (MoHRE) have organised a second session for raising awareness about the incentives of the Emirati competitiveness programme “Nafis”. The session also ...

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Dubai Cares receives AED5 million donation from Car Fare group

  Dubai / WAM Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI), has announced that it received an AED5 million donation from Car Fare group, a vehicle rental and leasing organisation, to empower children and youth in developing countries with access to quality education. Car Fare group’s financial support will be directed to Dubai Cares’ programmes ...

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Etihad Airways boosts flights to New York-JFK this winter

  Abu Dhabi / WAM Etihad Airways has increased flights to New York, United States. From November 15, Etihad will add four weekly flights on the Abu Dhabi – New York route, providing a total of 11 weekly nonstop services to John F. Kennedy International Airport (JFK). The new flights will be operated with a Boeing 787-9 Dreamliner, while existing ...

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Al Bateen Executive Airport reopens after major upgrade

  ABU DHABI / WAM Al Bateen Executive Airport has reopened following the successful completion of a major refurbishment project which will allow the airport to cater to increased operational demand while meeting the highest levels of safety, compliance, and accreditation. Close cooperation between the General Civil Aviation Authority (GCAA) and Abu Dhabi Airports (AD Airports) during the project followed ...

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European buyers snapping up most Russian crude since April

­­­Bloomberg Russia’s crude shipments surged last week, recovering almost all of the previous slump. Seaborne exports to European buyers rose to the highest level since April, as some refiners continue to process barrels, even after Moscow’s invasion of Ukraine. Total flows rise to 3.41 million barrels a day in the period to August 19, vessel-tracking data monitored by Bloomberg show. ...

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