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Bloomberg Another big battery project has been announced in Australia, as energy storage developers rush to profit from the nation’s abundant sunshine and wind resources. Origin Energy Ltd issued an expression of interest to firms to supply and install a 700-megawatt facility near the Eraring coal plant in New South Wales, with the first phase planned to start by the ...

Bloomberg Vice President Mike Pence signalled he’ll spurn demands to immediately oust Donald Trump over a deadly riot by the president’s supporters as the two met and agreed to work together for the remainder of the term, according to a senior administration official. The discussion adds to indications that Trump has no plans to resign before Joe Biden’s January 20 ...

ABU DHABI / WAM HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of Iraq, Dr Barham Salih, reviewed the prospects of promoting the fraternal relations between the two nations and accelerating cooperation across all fronts. This came in phone call Sheikh Mohamed received on Monday ...

Sharjah / WAM Arada reported a robust sales performance for 2020, as the developer benefited from a raft of project handovers and the stable Sharjah real estate market to overcome the effects of the pandemic. During a challenging year for the UAE property sector as a whole, the total value of real estate sold by Arada rises by 35 percent ...

DUBAI / WAM Emirates Airline has announced it will resume non-stop services to Seattle (from February 1), Dallas and San Francisco (from March 2), offering its customers connectivity through Dubai to and from popular destinations in the Middle East, Africa, and Asia. The addition of these three destinations will take Emirates’ North American network to 10 destinations following the resumption ...

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that, during 2020, the number of electronic transactions performed by its customers surged noticeably to reach approximately 560,000, with an increase of more than 12 percent compared to the year 2019. This reflects the company’s apparent contributions to the ‘Dubai Paperless Strategy’ that ...

Bloomberg Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which alternative technology to switch to. Ammonia, hydrogen, biofuels and electrification are some of the many contenders to power the world’s future merchant fleet, but most are only in the trial stage and won’t be scalable for ...

Bloomberg The Trump administration’s final days are proving as confounding as ever for companies and investors stuck in the middle of an increasingly contentious US-China relationship. After a week of widespread confusion over the scope of a US ban on investments in businesses linked to China’s military, both Washington and Beijing took steps over the weekend that threaten to further ...

Bloomberg Britain is significantly less attractive as an international business location because of Brexit but remains well positioned compared with other major economies, according to a German study. The UK slipped behind the US to second place in the latest ranking published by Germany’s Foundation for Family Businesses, though it remains ahead of the rest of its Group of Seven ...

Bloomberg Apple Inc. and Amazon.com Inc. are removing Parler from their services, part of a growing backlash after the social media network was among those used to organise last week’s riots at the Capitol. Apple dropped Parler from its App Store, while Amazon’s cloud unit decided to stop hosting the social media company. They joined Alphabet Inc.’s Google, which removed ...