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  Bloomberg North Korea appears to have launched its first ballistic missile in about two months, after leader Kim Jong-un indicated he was more interested in bolstering his arsenal than returning to stalled nuclear talks with the US. North Korea fired what appeared to be a ballistic missile from land into waters off its east coast Wednesday, South Korea’s military ...

  Bloomberg President Joe Biden promised to “fight for fairer prices” for farmers and consumers as he announced plans to combat the market power of the giant conglomerates that dominate meat and poultry processing. “Capitalism without competition isn’t capitalism, it’s exploitation,” Biden said. “That’s what we’re seeing in meat and poultry.” Biden joined Agriculture Secretary Tom Vilsack and Attorney General ...

  Bloomberg German joblessness continued to fall in December before the country tightened restrictions to ward off a wave of infections sparked by the omicron variant. Unemployment in Europe’s largest economy falls by 23,000, beating economists’ forecast for a drop of 15,000. The jobless rate slid to 5.2%. “The labour market developed well towards the end of the year,” said ...

  Bloomberg The surge in euro-area inflation that surprised policy makers in recent months is close to its peak, according to European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau. A report on French consumer prices in December shows the first signs of stabilisation and the ECB expects upward pressures to fade through 2022, the French central bank ...

  Bloomberg The shift to remote work for high-paying jobs will accelerate this year, according to a new report, defying city officials who are desperate to bring workers back and reinvigorate their economies. More than a quarter of all professional positions in North America, largely concentrated in the US, will be fully remote by the end of this year, up ...

  Dubai / WAM Dubai Internet City, the region’s largest hub for technology companies and talent, has announced a deal with Khazna Data Centers, one of the largest wholesale data centre providers in the Middle East and North Africa, to establish two state-of-the-art facilities to further support enterprises of all sizes by enabling the integration of technology across all business ...

  DUBAI / WAM Expo 2020 Dubai has recorded 8,958,132 visits during its first three months, boosted by a slate of spectacular events across the December festive season and with more world-class sport, music and cultural performances expected in the second half of its six-month run. From October to December 2021, Expo hosted a total of 8,902 government leaders, including ...

  ABU DHABI / WAM The Reach Campaign announced that it has signed a memorandum of understanding (MoU) with the UAE’s leading health insurer, the National Health Insurance Company – Daman. As a founding partner, Daman pledged support over a three-year period, joining Reach’s strategic partner, the Emirates Red Crescent (ERC), in an effort to eliminate neglected tropical diseases (NTDs), ...

  Bloomberg The US was the world’s biggest exporter of liquefied natural gas last month for the first time ever, as projects ramped up production and deliveries surged to energy-starved Europe. Output from American facilities edged above Qatar in December due largely to a jump in exports from the Sabine Pass and Freeport facilities, according to ship-tracking data compiled by ...

  Bloomberg Beijing is calling on the world’s nuclear powers to expand discussions on global security to include emerging threats, following a rare multilateral pledge to temper the risks of nuclear war. Fu Cong, director-general of the Chinese Foreign Ministry’s Arms Control Department, told reporters in Beijing on Tuesday that the so-called P5 nations — China, France, Russia, the US ...