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  Bloomberg Denmark’s unemployment rate plunged to the lowest level in 14 years, adding to concerns of overheating in the Nordic country that’s emerging from the coronavirus pandemic as one of economic winners. The gross rate declined to 2.5% in December from 2.8% a month before, falling for the first time to the level it was before the 2008 financial ...

  Bloomberg Bentley Motors Ltd. will build its first fully electric car in the UK, part of a 2.5-billion pound ($3.4 billion) spending push to overhaul manufacturing and ditch its roaring 12-cylinder combustion engines. The investment over the next decade will modernise Bentley’s factory in Crewe, England, the Volkswagen AG brand said. The decision is a boon to the site’s ...

  Bloomberg British workers will need pay rises of 8% on average this year to offset the living standards squeeze from higher energy bills, tax rises and broader inflation if the government does nothing to help. Analysis by the Tony Blair Institute for Global Change shows that the poorest fifth of UK workers will need a wage increase of more ...

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of Israel, Isaac Herzog, on Sunday deliberated aspects of cooperation under the Abraham Accords Peace Agreement, signed by the two nations in 2020, in addition to a number of regional and ...

  Sharjah / WAM The Sharjah Airport International Free Zone Authority (Saif Zone) has achieved a series of tremendous successes during 2021, strengthening its position as a major hub for trade, industry, and logistics services in the region. The directives and vision of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, the main ...

  Abu Dhabi / WAM A delegation from the Ministry of Culture and Youth is attending the 53rd edition of the Cairo International Book Fair which is running under the theme ‘Egypt’s Identity – Culture & the Question of the Future’. The book fair will run until February 7 in Cairo under the patronage of Abdel Fattah El Sisi, President ...

  Bloomberg NTPC Ltd, India’s largest power producer, posted a 25% jump in quarterly profit as demand for electricity soared in one of the world’s fastest-growing economies. Profits increased to 41.3 billion rupees ($551 million) in the three months through December, compared with 33.2 billion rupees a year ago, the state-run company said in a stock-exchange filing. Profits surpassed an ...

  Bloomberg North Korea appeared to have fired one of its biggest ballistic missiles in almost five years, adding to its largest series of tests since Kim Jong-un took power as he forces his nuclear arsenal back onto the Biden administration’s agenda. North Korea launched a suspected intermediate range missile for the first time since 2017, according to initial assessments ...

  ABU DHABI / WAM The report, titled, “Non-Oil Foreign Merchandise Trade Through the Ports of Abu Dhabi”, published by the Statistics Centre-Abu Dhabi (Scad), confirmed that the value of non-oil foreign trade passing through Abu Dhabi ports over 11 months in 2021 amounted to some AED190.20 billion, an increase of 2.9 percent compared to the same period in 2020, ...

  Dubai / WAM Emirates Telecommunications Group Company PJSC (Etisalat Group) on Friday announced that, further to the announcement on November 18, 2021, it has completed the acquisition of elGrocer DMCC. Founded in 2015, elGrocer is a leading online marketplace for groceries operating in all seven Emirates of the UAE. It brings together major retailers and specialty stores on a ...