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Russia fires back after UK alleges anti-Ukraine plot

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  Bloomberg Russia hit back on Sunday after the UK alleged that Moscow is plotting to install a pro-Russian leader in Kyiv, with the West continuing to warn that Moscow could yet invade Ukraine. The assertions, offered without a timeline on the intelligence, were contained in a UK Foreign Office statement. The UK claim is “evidence” that Nato countries, not ...

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German navy head quits after favorable Russia remarks cause spat

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  Bloomberg Germany’s top naval officer resigned after comments he made about Russia, including a call to show respect toward President Vladimir Putin, caused a diplomatic incident. Ukraine summoned the German ambassador in Kyiv earlier Saturday to protest the remarks by Navy Inspector Kay-Achim Schoenbach, who also said Crimea would never return to Ukraine after its annexation by Russia in ...

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Sleepy truckers get forgotten in supply crisis choking economy

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  Bloomberg President Joe Biden’s sweeping infrastructure law was supposed to ease problems for the trucking industry and relieve supply chain woes, but the law overlooked a vital necessity for truckers: Parking. Overcrowded truck stops force drivers to often spend hours scavenging for parking wherever they can find it, even in illegal and unsafe spots. The problem has simmered for ...

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Vodafone in talks with Iliad to merge Italy units

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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 ...

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Germany needs immigration of 400,000 workers per year

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  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 ...

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Lotus explores electric-car battery tie-up with Britishvolt

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  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 ...

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Arab Health, Medlab Middle East 2022 to open next week

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  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 ...

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Emirates signs deal to promote tourism to The Bahamas

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  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 ...

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Enec co-hosts 4th edition of E-Fusion at Expo 2020 Dubai

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  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 ...

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China installed record amount of rooftop solar panels in 2021

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  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 ...

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