Masonry Layout

Bloomberg President Joe Biden’s administration is considering whether to send American military advisers to Ukraine as Russian forces on that country’s border pose the threat of invasion, CNN reported. The network, citing unnamed sources, said the US was also looking into providing more weapons to Ukraine’s armed forces, including anti-aircraft stinger missiles. CNN added that some of the equipment, including ...

Bloomberg Prime Minister Boris Johnson will set out plans for a dramatic expansion of the UK’s electric-vehicle charging network by 2030 when the government will ban the sale of new gasoline and diesel cars. The aim is to add up to 145,000 new charging points a year to the system until the end of the decade, building on the 250,000 ...

Bloomberg German inflation may spike even higher than previously forecast this month with a rate just under 6%, according to the Bundesbank. About 1 1/2 percentage points of that will reflect a temporary cut in value-added tax and very low prices for travel-related services in 2020, the Frankfurt-based central bank said in its monthly report. German inflation already hit a ...

Bloomberg The number of Canadians searching for work jumped last month, just as pandemic-related government support programs were wound down, a survey by Indeed Canada showed. The share of people actively looking for employment rose to 30% last month, up from 25% in September, according to a report by the job posting site. The increase was largely driven by unemployed ...

Bloomberg Ericsson has agreed to buy Vonage Holdings Corp in its biggest-ever deal, a takeover that also concludes a brief but successful activism campaign by Jana Partners. Ericsson’s $6.2 billion all-cash offer for Vonage dwarfs its 1.2 billion pound ($1.6 billion) acquisition for Telent Ltd telecom equipment assets in 2005, according to data compiled by Bloomberg. Jana Partners, which owns ...

ABU DHABI / WAM As part of the Ministry’s efforts to expand the National In-Country Value (ICV) Programme across the nation, Emirates Global Aluminum (EGA), the largest industrial company in the UAE outside oil and gas, on Monday joined the Ministry of Industry & Advanced Technology’s (MoIAT) in-country value (ICV) programme as the aluminium company moves towards its goal of ...

Dubai / WAM Dubai Airport Freezone Authority (Dafza) signed a strategic cooperation agreement with Export Bahrain, establishing frameworks for technical collaboration to support their joint efforts in institutional development, facilitating business activities, supporting companies and their plans for growth and expansion and exchanging information and expertise. Amna Lootah, Assistant Director-General of Dafza; and Safa Abdulkhaliq, Acting Chief Executive Officer of ...

Abu Dhabi / WAM The second edition of the Abu Dhabi Smart City Summit is beginning on Tuesday, bringing together more than 25 local and federal government agencies, and 400 specialists, experts, officials, leaders, strategists and policy makers, as well as governmental and private organisations. The summit will discuss the best practices for developing smart cities and addressing challenges, contributing ...

Ras Al Khaimah / WAM Ras Al Khaimah Economic Zone (Rakez) has unveiled the Rakez Mobile App, another key milestone in the economic zone’s ongoing digitisation journey that aims to boost the ease and accessibility it offers to global investors. Available on both Apple Store and Google Play, the app is packed with wide-ranging features that allow clients to submit ...

Bloomberg China fired a missile from a hypersonic weapon as it approached a target during a test in July, the Financial Times reported, adding the Pentagon was surprised because no nation was known to have the capability. A hypersonic glide vehicle launched by China fired the projectile over the South China Sea while moving at five times the speed of ...