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Brexit bounty for carbon farming as market replaces subsidies

Bloomberg Subsidies paid to UK farmers could be replaced after Brexit by cash from selling carbon credits, inducing more landowners to plant trees and protect marshlands that sequester greenhouse gases. Carbon farming has gained traction alongside markets that put a price on pollution. It’s an agricultural technique that stores carbon dioxide emissions by regenerating soil and vegetation. Farmers can potentially ...

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We need extraordinary ideas to develop UAE’s economy

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, emphasised that the UAE today has become an inspiring and a distinguished role model in the region as many countries across the globe are watching its achievements. His Highness Sheikh Mohamed bin Rashid made these remarks while presiding ...

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Sharjah trade licences see 4% growth in H1

Sharjah / WAM The Sharjah Economic Development Department (SEDD), announced that the emirate’s economic development indicators have achieved remarkable growth in the first half of 2019, with 31,190 licences issued or renewed, posting a growth rate of four percent. The SEDD report revealed that business licences issued during this period hit an increment of 15 percent with 2,740 while renewed ...

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Benefits of nuclear energy in focus at WEC

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) will showcase the positive impact that nuclear energy has economically, socially and environmentally at the 24th edition of the World Energy Congress. The four-day event at Adnec is being held under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and Enec will highlight the transformational potential ...

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EWEC named as a host sponsor of 24th World Energy Congress

Abu Dhabi / Emirates Business The 24th World Energy Congress announced Emirates Water and Electricity Company (EWEC) as a Host Sponsor and key exhibitor, at the upcoming Congress. The inclusion of EWEC in the 24th World Energy Congress, taking place from September 9-12 at Abu Dhabi National Exhibition Centre (Adnec), means most of the UAE’s major energy companies will feature ...

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Trump ups ante in feud with California over car emissions

Bloomberg The Trump administration has launched a multipronged legal assault on an agreement California struck with four carmakers in defiance of the president’s plan to ease national standards on tailpipe emissions. Lawyers from the Transportation Department and Environmental Protection Agency sent a letter to California’s top air-pollution regulator, urging the state to abandon its pact with the automakers and warning ...

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Trump’s Dorian brawl leads to dispute within US weather agency

Bloomberg As President Donald Trump dragged the brawl over his forecast for Hurricane Dorian into a sixth day, a US agency released a statement bolstering his account — prompting a scathing response from the leader of an agency union. Trump has repeatedly and defiantly continued to defend his assertion that Alabama was in Dorian’s path. He showed White House reporters ...

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Roku makes Smart TV technology available in Europe

Bloomberg Roku said on Saturday that it will be making its smart TV technology available in Europe. The Los Gatos, US-based company will let manufacturers license reference designs for its TVs and use Roku OS to create smart TVs for sale in Europe, it said in a statement. Roku already has a partnership with Hisense Home Appliances Group Co and ...

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Iran says ‘no longer abiding by uranium enrichment limit’

Bloomberg Iran said it was no longer abiding by limits imposed on its uranium enrichment and centrifuge research by the 2015 nuclear accord, throwing down a new challenge to European leaders struggling to sustain their diplomatic push to calm the Gulf. The Islamic Republic will forge ahead with plans to develop its advanced centrifuges and has started injecting them with ...

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Grab to spend $150m on AI to build regional super app

Bloomberg Southeast Asian ride-hailing startup Grab Holdings Inc intends to invest $150 million in artificial intelligence (AI) and hiring more engineers over the next year, accelerating an expanding business that now includes food delivery, digital payments and digital content. Grab, in hot competition with local rival Gojek to become Southeast Asia’s do-it-all super app, outlined for the first time a ...

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