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Bloomberg Royal Dutch Shell Plc, Eni SpA and their partners in the Karachaganak oil and gas venture paid $1.3 billion to settle a long-running dispute with Kazakhstan over revenue sharing. The deal unlocks plans to boost output from the Karachaganak field and funnels additional revenue to the Kazakh economy, which is heading for its first annual contraction in more than ...

Bloomberg Members of the Electoral College were expected to meet on Monday to officially elect Joe Biden, a moment some Republican lawmakers have targeted as the end of President Donald Trump’s attempts to overturn the results as far as they’re concerned. The constitutionally mandated procedure across the 50 states and the District of Columbia usually passes with little notice. But ...

Bloomberg British business groups pleaded with the government to extend the time they have to prepare for the nation’s departure from the European Union after leaders from both sides agreed to continue talks. UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen gave negotiators another shot at reaching a deal on the terms of trade before ...

Bloomberg President Donald Trump and other top US officials will be offered the newly approved coronavirus vaccine within days as part of a plan to ensure continuity in government amid the pandemic, people familiar with the effort said. The vaccinations will be offered to critical personnel in all three branches of government deemed essential, and could start soon. The shots ...

Bloomberg US tech giants are bracing for new laws that could force sweeping changes to how they operate in Europe, with significant fines or, in extreme cases, orders to break up the worst offenders. The new Digital Markets Act, set to be proposed by the European Union on Tuesday, targets so-called gatekeeper companies, platforms with the power to control distribution ...

Bloomberg Hospitals are going into overdrive in the final hours before they receive the first US shipments of Pfizer Inc. and BioNTech SE’s Covid-19 vaccine, ensuring they are ready for the final payoff from months of planning. “It’s very exciting,” Fran Hixson, director of clinical quality at Chesterfield, Missouri-based Mercy Health, said in an interview. “We’ve learned along the way ...

ABU DHABI / WAM UN Women, the United Nations entity dedicated to advancing gender equality and the empowerment of women, has signed a partnership agreement with Etihad Aviation Group, establishing the UN entity’s first-ever airline partnership to promote global efforts to empower women. The Etihad Aviation Group joins UN Women in the Generation Equality campaign, committed to engaging passengers, employees, ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa), for the second time, has won Gold for Government Sector in the Dubai Human Development Award 2020. This new achievement shows Dewa’s commitment to providing a positive and inspiring working environment. It also shows Dewa’s efforts to invest in its human resources to achieve the highest standards of excellence and efficiency. ...

ABU DHABI / WAM Dr Abdulla Al Mandous, Director of the National Centre of Meteorology and President of the Regional Association II (Asia) of WMO, reiterated that the UAE has established itself as a top global destination for prominent international events serving various sectors. As part of its continued commitment to addressing the pressing issues directly impacting the lives of ...

Bloomberg UK energy grids will have 30 billion pounds ($40 billion) to spend on ensuring the nation’s pipes and wires are able to cope with meeting the nation’s net zero emissions target by 2050. The budget is for service, maintenance, upgrades and repairs on gas and power grids for the next five years, and is 20% higher than the spending ...