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  Bloomberg Former Ukrainian President Petro Poroshenko was released on his own recognizance by a court during a treason investigation that has ratcheted up political tension as the country confronts Russian troops amassing on its eastern border. The decision by the Kyiv court followed Poroshenko’s return from abroad on Monday to face charges over allegations he facilitated coal deals last ...

  Bloomberg Britain’s inflation rate surged unexpectedly to the highest since 1992, sharpening a squeeze on households and adding to pressure on the government and Bank of England to respond. Consumer prices surged 5.4% from a year ago in December, driven by a broad increase in the cost of food, restaurant meals and furniture, the Office for National Statistics said ...

  Bloomberg Apple Inc and Google warned US lawmakers that bipartisan antitrust legislation aimed at curbing the power of big technology companies will threaten the privacy and security of users. Escalating its opposition to the legislation, Apple sent a letter to Senate Judiciary Committee Chair Dick Durbin; panel’s ranking Republican, Chuck Grassley; Antitrust Subcommittee Chair Amy Klobuchar; and the subcommittee’s ...

  Bloomberg Canada, one of the world’s top barley exporters, is importing a rare cargo from Europe after drought decimated its harvest last year. France’s Rouen port is set to load its first-ever barley cargo for Canada, on the bulk carrier Federal Spey, according to a spokesman for the port operator. The North American nation hasn’t imported significant volumes from ...

  Bloomberg New York City is factoring in an 8.2% increase in property values for next fiscal year, bolstered by demand for single-family homes, co-ops and condos. The city set a value of about $1.4 trillion for its more than one million properties for the fiscal year beginning in July, according to a tentative assessment roll released by the Department ...

  Dubai / WAM DP World, the leading global logistics company and provider of smart supply chain solutions, on Tuesday announced the launch of its new digital compliance and revenue platform, Cargoes Customs. The platform facilitates completely paperless trade easing the flow of the customs process using innovative technology solutions, including an Artificial Intelligence driven risk engine and smart valuation. ...

  Dubai / WAM Expo 2020 Dubai visitor numbers continue to rise, reaching 10,188,769 visits as of January 18, while Expo 2020 Dubai’s virtual visitation passed the 65 million mark. The visitors were attracted by the first Global Goals Week to be held outside of New York and a star-studded K-pop concert – all underpinned by confidence in the event’s ...

  Abu Dhabi / WAM As increased carbon emissions caused by destruction of ecosystems will further contribute to climate change, Abu Dhabi’s Blue Carbon Project is a promising initiative to prevent such a situation, according to a top official. “One major programme we have worked on at the Environment Agency – Abu Dhabi (EAD) is the Blue Carbon Project. Blue ...

  Bloomberg In the tropical climate of China’s Yunnan province, scientists are planting a key ingredient to help strengthen the country’s position as the world leader in wind power: balsa trees. Balsa, best known as a craft material for making model airplanes, is a major component of giant blades for wind turbines. China’s $60 billion wind industry sources almost all ...

  Bloomberg Estonia’s prime minister issued a warning that the European Union and the US must avoid falling into a Russian “trap” in negotiations with the Kremlin, whose aim is to weaken security in the EU. Russia’s negotiating tactics amount to “blackmail,” said Kaja Kallas, the Estonian premier, using some of the most hawkish language of an EU member state ...