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  Bloomberg Joe Biden’s clean technology law has dragged the European Union into a subsidy fight that may trigger a transatlantic trade war, just as the allies are joining forces against Russia’s invasion of Ukraine. The EU has always defended the global rules-based order, even as the US has grown increasingly hostile toward the constraints it adopted as a member ...

  Bloomberg Life sciences company Danaher Corp. has expressed takeover interest in contract manufacturer Catalent Inc., according to people familiar with the matter. The overtures by Danaher in recent months valued Catalent at a significant premium, the people said, asking not to be identified because the matter is private. It’s unclear how Catalent will proceed or whether it’s receptive to ...

Bloomberg The US shot down an alleged Chinese surveillance balloon off the South Carolina coast on Saturday, injecting new tension into relations with Beijing which called the move an overreaction. President Joe Biden said he ordered the Pentagon on Wednesday to down the balloon as soon as possible “without doing damage to anyone on the ground.” The military decided the ...

  Bloomberg India’s main opposition party ramped up the pressure on Prime Minister Narendra Modi over his silence on the Adani turmoil and planned a nationwide protest on Monday to highlight the risk to small investors. “What action has been taken, if ever, to investigate the serious allegations made over the years against the Adani Group?” Jairam Ramesh, general secretary ...

  Dubai / WAM Drydocks World, a DP World company, and Aker Solutions have formed a joint venture (JV) to upgrade a Floating Production Storage and Offloading (FPSO) vessel for the Rosebank oil and gas field in the UK. The new joint venture combines the complementary strengths, resources, and experience of Drydocks World’s leading marine and offshore services with Aker ...

Dubai / WAM The Dubai Health Authority (DHA) on Friday signed a memorandum of understanding with Trends Research and Advisory (Trends) during Arab Health 2023, to collaborate on several research projects, studies and polls relating to the health sector in the emirate. The MoU was signed by Fatima Abbas, CEO of Strategy & Corporate Development Sector at the DHA and ...

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Catherine Colonna, French Minister of Europe and Foreign Affairs. During the meeting, which took place in Abu Dhabi, the two sides discussed their relations and available opportunities for widening their cooperation, under the framework of strategic partnership between the ...

Dubai / WAM The Knowledge and Human Development Authority (KHDA), in collaboration with Dubai Culture and Arts Authority (Dubai Culture), has launched a new book “Al Marmoom” documenting Emirati heritage and life in the largest unfenced nature reserve in the UAE located in Al Marmoom area. The book was written by Emirati writer and researcher Juma Khalifa bin Thalith, was ...

Bloomberg It’s been called a “carbon bomb” and a caribou killer. Now, climate activists have one final, brief window of opportunity to quash ConocoPhillips’s proposed $8 billion oil development in Alaska. In an unexpected twist, some opponents are quietly encouraging President Joe Biden’s administration to actually approve the project, but in such a scaled-back way that it no long makes ...

  Bloomberg Technology bellwethers Apple Inc., Amazon.com Inc. and Alphabet Inc. posted results Thursday that show an economic slowdown is throttling demand for everything from electronics and e-commerce to cloud computing and digital advertising. Apple’s sales fell more than analysts predicted during the holiday quarter, slammed by slack purchases of iPhones and Macs. Amazon’s revenue was trimmed by soft consumer ...