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US poised for Dutch, Japanese help on China chip crackdown

Bloomberg The Netherlands and Japan, home to key suppliers of semiconductor manufacturing equipment, are close to joining a Biden administration-led effort to restrict exports of the technology to China and hobble its push into the chips industry. The Dutch and Japanese export controls may be agreed to and finalized as soon as the end of January, according to people familiar ...

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UK employers keep hiring despite drop in consumer confidence

  Bloomberg UK employers unleashed a hiring spree at the start of 2023 even as consumer confidence about the economy stalled, two separate surveys showed. There were more than 184,000 new job advertisements in the first week of January, up by a quarter on the same period a year ago, according to the Recruitment & Employment Confederation. The market research ...

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Google to cut 12,000 jobs in 6% slash to global workforce

  Bloomberg Google parent Alphabet Inc. said it will cut about 12,000 jobs, more than 6% of its global workforce, becoming the latest tech giant to retrench after years of abundant growth and hiring. The cuts will affect jobs globally and across the entire company, Chief Executive Officer Sundar Pichai told employees in an email on Friday, writing that he ...

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Germany says tanks would go to Ukraine quickly after any deal

Bloomberg Germany’s new defense minister, Boris Pistorius, said his government hasn’t made a decision yet on supplying its Leopard battle tanks to Ukraine but that it could move quickly if an agreement can be reached with Nato allies. Speaking to reporters after talks at the US airbase in Ramstein, Germany, Friday, Pistorius said that defense ministers and military officials had ...

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France lifts military budget as risk of high intensity war grows

  Bloomberg France will increase its defense budget over six years as President Emmanuel Macron seeks to adjust the nation’s military to new threats posed by the war in Ukraine and technological attacks. In a speech Friday, Macron said he expects the state to spend 400 billion euros ($433 billion) between 2024 and 2030, an increase from the 295 billion ...

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UAE announces date of first Arab long-duration astronaut mission

  Dubai / WAM The Mohammed Bin Rashid Space Centre (MBRSC) has confirmed the launch of the second mission of the UAE Astronaut Programme which is scheduled for no earlier than February 26. Aboard SpaceX Crew Dragon spacecraft, Sultan Al Neyadi along with two astronauts will launch to International Space Station from Launch Complex 39A at Nasa’s Kennedy Space Center ...

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UAE plans to develop first EV battery recycling plant

  Sharjah / WAM Beeah Recycling has signed an agreement with the UAE Ministry of Energy and Infrastructure (MOEI) and the American University of Sharjah (AUS) to collaborate on establishing the nation’s first recycling plant for end-of-life batteries from electric vehicles. The agreement was signed during the 2023 World Future Energy Summit in Abu Dhabi at the Ministry of Energy ...

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UAE one of leading countries globally in combatting terrorism

  Abu Dhabi / WAM For the fourth consecutive year, the United Arab Emirates (UAE) has maintained its position and first place in the Global Terrorism Index (GTI). The UAE is considered one of the safest of several countries that take effective measures to combat terrorist and extremist activities, and one of the safest countries in the world with a “very ...

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Enec showcases success of Barakah plant at WFES

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) has showcased the critical role of nuclear energy as a global climate change solution at the World Future Energy Summit (WFES), in Abu Dhabi. WFES is a key element of the 15th edition of the annual Abu Dhabi Sustainability Week, the leading business event for energy and sustainability that brings ...

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Half a million UK workers set for mass strike for higher pay

Bloomberg Close to half a million workers are ready to strike on a single day as Britain faces an escalation of industrial action across a number of sectors. Unions representing civil servants, teachers, university staff and train drivers have said their members will walk out on Feb. 1 as part of demands for higher pay to cope with the worst ...

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