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Bloomberg Ports operating in the US’s biggest gateway for trade with Asia will extend night hours and work weekends to clear port delays amid record volumes. The port of Los Angeles will expand weekend operating gate hours while neighbouring Long Beach will extend the hours during which trucks can pick up and return containers, they said in a joint statement. ...

Bloomberg Italy’s government will spend around 3.5 billion euros ($4.1 billion) to protect consumers from a surge in energy prices that’s hit countries across Europe, according to people familiar with the matter. The disbursement could be approved as soon as next week, the people said, asking not to be named discussing confidential plans. Prime Minister Mario Draghi’s administration is also ...

Bloomberg Used car prices, one of the biggest drivers of US inflation this year, rise again in early September on a monthly basis after idling over the summer. The Manheim US Used Vehicle Value Index, a measure of pricing trends, increased 3.6% in the first half of September compared with a month earlier. That puts it on track for the ...

Bloomberg UK inflation surged more than expected to the strongest pace in more than nine years, prompting investors to anticipate a sharper increase in interest rates in 2022. Consumer prices jumped 3.2% in August from a year ago, the most since March 2012, Office for National Statistics said. The reading was up from 2% in July and above the highest ...

ABU DHABI / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee for the Covid-19 pandemic has approved the cancellation of Covid-19 testing entry requirements, effective Sunday, September 19, as part of the updated procedures to enter Abu Dhabi from within the UAE, announced on Saturday. The decision follows the announcement of a decreased Covid-19 infection rate in the emirate ...

Moscow / WAM The Sharjah Book Authority (SBA) has explored ways to advance cultural partnerships between Sharjah and Russian cities during its participation in Moscow’s 37th International Board on Books for Young People Congress (IBBY World Congress). The authority also organised two creative sessions on the occasion, bringing together an elite group of Emirati and Russian authors and artists to ...

Abu Dhabi / WAM Financial Action Task Force (FATF) accredited Dr Mariam Butti Al Suwaidi, Deputy CEO of Securities and Commodities Authority, as the first UAE woman to be chosen as an accredited assessor expert in evaluating the systems of combating money laundering and terrorism financing and the effectiveness of these systems using the evaluation methodology issued in 2013 by ...

ABU DHABI / WAM Majid Al Futtaim the leading shopping malls, communities, retail and leisure pioneer across the Middle East, Africa and Asia has announced the expansion of its people development programme that is set to create thousands of career opportunities for Emirati talent across multiple industries in the UAE and beyond in response the UAE government’s federal Nafis programme. ...

Bloomberg President Joe Biden came to office promising to restore competency to US foreign policy after four years of Donald Trump’s diplomatic bomb-throwing. But eight months later, a series of missteps have angered allies, drawn criticism even from supporters and raised concern that Biden isn’t as sure-footed in international affairs as advertised. France even recalled its ambassador, a dramatic escalation ...

Paris / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, discussed, with Emmanuel Macron, President of France, the friendship and strategic partnership between the UAE and France, as well as promising opportunities for developing them, in addition to several issues of mutual concern. The discussion ...