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Bloomberg The Royal Dutch Shell Plc is looking into developing a production site next to a Swedish nuclear power plant to make synthetic sustainable jet fuel for Scandinavian airline SAS AB. Together with plant operator Vattenfall AB and synthetic fuel maker LanzaTech Inc, the companies agreed to investigate starting a facility that could provide SAS with a quarter of its ...

Bloomberg The first official delegation of European lawmakers landed in Taipei, defying warnings from China that the bloc’s support for the democratically ruled island would have dire consequences. The group from the European Parliament’s special committee on foreign interference is scheduled to meet top political leaders while in Taiwan, including President Tsai Ing-wen and Premier Su Tseng-chang during the three-day ...

GLASGOW / WAM The Agriculture Innovation Mission for Climate (AIM for Climate) — a major new initiative led by the United Arab Emirates (UAE) and United States (US) with the support of over 30 governments — officially launched on Tuesday and announced an “early harvest” of $4 billion of increased investment to accelerate innovation for climate-smart agriculture and food systems ...

WASHINGTON / WAM The UAE Embassy in Washington has launched a new campaign “50 Years | 50 Faces,” honouring the country’s 50th anniversary and telling the story of the UAE’s friendship with the US across five decades. The groundbreaking campaign is part of the UAE’s “Year of the 50th” celebration, which is taking place through March 2022. The celebration will ...

Dubai / WAM In the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, has signed an agreement with Dubai South to build its new ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), and the “Mother of the Nation”, congratulated the UAE leadership and people on the occasion of the UAE Flag Day, which is observed on November 3 ...

Dubai / WAM The Dutch Minister for Foreign Trade and Development Cooperation, Tom de Bruijn, arrived in the UAE on Tuesday, leading a 50 Dutch company representatives. The minister wants to “make new partners for solving global challenges and deepen relations with existing partners in the UAE and broader Gulf region,” a press release by the Consulate General of the ...

Bloomberg President Emmanuel Macron backed away from his imminent threat to punish the UK for restricting the access of French fishing boats to British waters, saying he would give negotiations more time. “The British are going to come back to us tomorrow with further proposals. We’ll see where we are at the end of the day,” Macron told reporters in ...

Bloomberg Almost half of UK companies expect to increase prices, a record high, adding to inflation concerns that will weigh on Bank of England policy makers ahead of their meeting this week. A survey by Lloyds Banking Group Plc showed 45% of businesses expect to raise prices, which will buttress market expectations that the UK central bank will deliver its ...

Bloomberg Mexico’s economy shrank in the third quarter after new legislation banning labour outsourcing hit the services industry and coronavirus cases surged. Gross domestic product declined 0.2% from the previous three-month period, compared to the median estimate in a Bloomberg survey of no growth. It’s the first contraction since the second quarter of 2020, when Mexico imposed its harshest set ...