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  Bloomberg Vodafone Group Plc and Iliad SA are discussing a deal that would merge their businesses in Italy, Reuters reported, citing people familiar with the situation that it didn’t identify. The combination would create a business with revenue of almost six billion euros ($6.8 billion). Iliad, which is set to start fixed-line broadband operations in Italy next week, is ...

  Bloomberg Germany needs to attract about 400,000 foreign workers per year to mitigate the economic impact of its aging society, according to the caucus leader of the country’s FDP party. “The shortage of skilled workers is now so serious that it is dramatically slowing down our economy,” Christian Duerr said in an interview with WirtschaftsWoche. “We can only get ...

  Bloomberg Group Lotus Plc and Britishvolt Ltd signed a preliminary agreement to explore teaming up on battery manufacturing, research and development, according to people familiar with the matter. The companies plan to share details of their memorandum of understanding next week, said the people, who asked not to be identified ahead of the announcement. The deal is Britishvolt’s first ...

  Dubai / WAM Healthcare and trade professionals representing nearly 160 countries will participate in Arab Health and Medlab Middle East, as the largest healthcare and laboratory exhibitions in the Mena region return to Dubai next week. Taking place at the Dubai World Trade Centre, from January 24-27, under the show themes of ‘United by business, forging ahead’ and ‘Connect ...

  Dubai / WAM Emirates has signed a memorandum of understanding (MoU) with the Ministry of Foreign Affairs and Public Service of The Bahamas to explore joint initiatives to promote tourism to the island nation. The memorandum of understanding was signed by HH Sheikh Ahmed bin Saeed Al Maktoum, Chief Executive of Emirates Airline and Group, and The Hon Frederick ...

  Dubai / WAM The Emirates Nuclear Energy Corporation (Enec) and the French Nuclear Industry Group (Gifen) co-hosted the 4th edition of E-Fusion (Emirati-French Industrial Supply Chain Initiative for Nuclear), held as part of the French Nuclear Energy Day at the French pavilion at Expo 2020 Dubai. Representatives from local and international nuclear industry companies, government officials and energy experts ...

  Bloomberg China put a record number of solar panels on rooftops last year as growth in residential areas outpaced installations on solar farms. A total of 53 gigawatts of solar capacity was built in 2021, close to the all-time high set in 2017, with more than half coming from rooftop installations, according to the National Energy Administration (NEA). China ...

  Bloomberg President Joe Biden said Russia will “pay a heavy price” if any of its forces move across the border into Ukraine after earlier suggesting Western allies might struggle to react to a small-scale attack. As the top US diplomat meets Russia’s foreign minister in Geneva, Biden said he has issued clear warnings to Russia’s President Vladimir Putin, who ...

  Dubai / WAM Regarding the news on the suspension of some flights to certain US airports due to 5G deployment, the Telecommunications and Digital Government Regulatory Authority (TDRA) has clarified that this issue is exclusively related to the relevant US airports. “There is no disruption or interference in the UAE between 5G networks and air navigation systems,” affirmed a ...

Abu Dhabi / WAM Masdar, one of the world’s leading renewable energy companies, announced on Thursday the formation of a joint venture (JV) with PT Mitrabara Adiperdana Tbk (Mitrabara), a conglomerate focused on the energy sector, to target the fast-growing commercial & industrial (C&I) segment of the renewable energy market in Indonesia. The JV, PT Masdar Mitra Solar Radiance, which ...