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Bloomberg A bipartisan group of senators is planning to introduce legislation that would expand US sanctions against Gazprom PJSC’s Nord Stream 2 pipeline between Russia and Germany by taking aim at insurance companies that work with Russian vessels on completion of the project. Senator Ted Cruz, one of the lead sponsors of the legislation, said the pipeline poses “a critical ...

Bloomberg Ex-defense secretary Jim Mattis condemned his former boss, President Donald Trump, over his aggressive rhetoric and strategy to quell protests that erupted after the death of an unarmed black man in police custody. “Donald Trump is the first president in my lifetime who does not try to unite the American people — does not even pretend to try. Instead, ...

Abu Dhabi / WAM As part of its strategy to facilitate growing trade demands within the Gulf region, Abu Dhabi Ports announced the establishment of a new feeder services company, “Safeen Feeders”. With long- term growth trends of regional manufacturing and trade volumes, Safeen Feeders will serve the group’s mainliner shipping clients and support the region through increased connectivity and ...

ABU DHABI / WAM The United Arab Emirates on Wednesday sent an aid plane containing nine metric tons of medical supplies to Madagascar to bolster the country’s efforts to curb the spread of Covid-19. The aid will assist approximately 9,000 medical professionals as they work to contain the virus. Commenting on the aid delivery, Khalid Khalifa AlMualla, UAE Ambassador to ...

ABU DHABI / WAM The number of trademarks renewed in the UAE in May exceeded 500, highlighting the significant confidence in the country as a leading regional centre for major international companies. Figures issued by relevant authorities, including the Ministry of Economy, show that the trademarks renewed in May include those from major companies from around the world. The previous ...

FUJAIRAH / WAM Oil product stockpiles rebounded to a record high at the UAE’s East Coast Port of Fujairah as of June 1, led by gains in heavy fuels used in marine and power industries. The total stockpiles climbed 6.5 percent in the week ended June 1 to 30.71 million barrels, according to data released June 3 by the Fujairah ...

Sharjah / WAM The Expo Centre Sharjah on Wednesday posted on its social media platforms a video highlighting the importance of conferences and exhibitions as a vital method for humanitarian and cultural communication, on the occasion of the Global Exhibitions Day 2020, which is observed on June 3 every year. The video also highlighted the key role of conferences and ...

Bloomberg China probably won’t hit its nuclear energy target this year, but that’s unlikely to derail a broader ambition to become the planet’s chief proponent of the climate-friendly fuel by the end of the decade. In an energy mix that’ll still heavily feature coal and other fossil fuels, government researchers have said that nuclear capacity could more than double to ...

Bloomberg Donald Trump faced a dwindling set of options to address nationwide unrest, after a backlash erupted over the government’s violent dispersal of peaceful protests outside the White House, plunging the president into more election-year turmoil. For Trump and his conservative backers, his photo op in front of historic St John’s Episcopal Church with Bible in hand was a show ...

Bloomberg The European Union (EU) is pressing for a global deal to eliminate tariffs on pharmaceuticals and medical supplies in an effort to guard against the kind of supply-chain shock triggered by the coronavirus pandemic. The European Commission, the EU’s executive arm, outlined options for encouraging worldwide commerce in health-care goods in a policy paper due to be discussed by ...