Masonry Layout

Hong Kong eyes new security law after electing loyalists

  Bloomberg Hong Kong’s leader Carrie Lam touted plans to revive a controversial security law that ignited a political firestorm two decades ago, after completing an election to install a new legislature filled with Beijing loyalists. The pro-establishment council elected in a muted vote should present “new proposals” by June on how to enact security legislation, Lam told a news ...

Read More »

Firms brace for extra Brexit red tape amid supply lines squeeze

  Bloomberg Just as firms wrestle with a global supply chain crisis and fresh pandemic restrictions, companies in the UK and European Union face another looming headache: More post-Brexit red tape. From January 1, companies importing goods into Britain from the EU will be required to make full customs declarations. Food products will also have be pre-registered on an IT ...

Read More »

Unemployment rate falls in nearly all US states in November

  Bloomberg The unemployment rate fell in nearly every US state last month, including in eight states where it dropped to a record low. Nebraska, with a jobless rate of 1.8%, had the lowest in the country, followed closely by Utah at 2.1%, according to Labour Department data. Arkansas, Georgia, Montana, Oklahoma, West Virginia and Wisconsin also posted record lows. ...

Read More »

German borrowing to stay close to record to fund pandemic aid

  Bloomberg Germany’s federal government plans to sell the second-highest amount of debt on record next year, as aggressive spending to offset the impact of coronavirus pandemic continues. Debt issuance will shrink to about 410 billion euros ($464 billion) in 2022, compared with a record of around 480 billion euros this year, according to the German finance agency’s issuance plan. ...

Read More »

Argentina limits grain exports in fight against food inflation

  Bloomberg Argentina is putting a ceiling on exports of corn and wheat in a fresh bid by the leftist government to quell food inflation at home. The government will first decide how much of the grains are needed in Argentina, and then proceed to stop exporters from registering shipments that’d jeopardise those domestic supplies, according to a resolution published ...

Read More »

Adaa is first government entity to migrate its data centre to cloud

  Abu Dhabi / WAM The Abu Dhabi Accountability Authority (Adaa) has become the first government entity to move its data centre to the G42 Cloud and expand its artificial intelligence (AI) capabilities across its digital operations. The move is in line with the emirate’s leadership directives to achieve the highest levels of integrity and continuously improve best governance practices. ...

Read More »

UAE condemns Houthi attempt to target Khamis Mushait, Abha Airport

  ABU DHABI / WAM The United Arab Emirates has strongly condemned the Houthi terrorist militias’ attempts to attack civilians and civil objects in Khamis Mushait and Abha International airport in Saudi Arabia, with a bomb-laden drone, which was intercepted by the Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE reiterated ...

Read More »

Emirates makes travel easier to EU countries

  Dubai / WAM Emirates customers travelling from the UAE to EU member countries now have more opportunities to confidently make the most out of their travel journeys. The airline has been working closely with Al Hosn National Health System team to enable the readability and recognition of customers’ health credentials with EU verified QR codes, including Covid-19 vaccine status ...

Read More »

Dewa provides Arabic services on Amazon’s Alexa

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has started providing its smart services on Amazon Alexa in Arabic, becoming the first government utility in the world to do this. Customers can now review their monthly bills in Arabic, check past statements, details of electricity and water consumption, their carbon footprint, as well as connect their Dewa account ...

Read More »

Goldman triples its Asia ESG investments as demand grows

  Bloomberg Goldman Sachs Group Inc has more than tripled environmental, social and governance investments in Asia, stepping up efforts to meet a growing need from clients to limit their greenhouse gas footprints. The New York-based bank has completed nearly 15 investments based on ESG criteria in the past two years, up from just four during the previous period, people ...

Read More »
Send this to a friend