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  Bloomberg China questioned whether the US genuinely seeks to repair ties damaged by the dispute over a balloon just as the two nations’ top diplomats head to a security conference in Germany, where they may have an opportunity to meet on the sidelines. The balloon saga “tests the US’s sincerity and capability to properly handle crises and stabilise relations ...

  Abu Dhabi / WAM AD Ports group on Wednesday announced its financial results for the 12 months ended December 31, 2022, reporting strong operational and financial performance, with revenue growth of 41 percent year-on-year (YoY) to AED5.5 billion (+23 percent year-on-year to AED4.8 billion organically). The group’s strong results were driven by the performance of its maritime and ports ...

  Abu Dhabi / WAM Adnoc and RWE Aktiengesellschaft (RWE) announced on Wednesday the successful delivery of the first shipment of liquefied natural gas (LNG) from Abu Dhabi in the UAE to the Elbehafen floating LNG terminal in Brunsbüttel, Germany. Produced by Adnoc Gas at Das Island, Abu Dhabi, the shipment of 137,000 cubic meters of LNG is the commissioning ...

WASHINGTON, DC / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Antony Blinken, US Secretary of State, in Washington. They discussed ways to further broaden and deepen the strong US-UAE partnership, and cooperation in the fields of security, climate, trade exchange and investment. During the talks, the two sides highlighted ...

GAZIANTEP, Türkiye / WAM The Emirates Relief Field hospital continues to receive the injured and those affected by the recent earthquake in Türkiye. At the İslahiye district of Gaziantep, residents flock to the hospital that has a reception desk and various specialised departments for emergency, surgical operations, intensive care, dental care, CT, x-ray; and an outpatient clinic, laboratory and pharmacy. ...

Bloomberg Ford Motor Co is investing $3.5 billion in an electric-vehicle (EV) battery plant in southwest Michigan that it will operate with technology and support from a Chinese battery maker that has stirred political controversy. The factory near Marshall, Michigan, will employ 2,500 workers, Ford said, confirming a Bloomberg report. The facility is set to open in 2026 and will ...

  Bloomberg Aspire Pte, a fintech startup serving businesses, raised $100 million in a round that more than doubled its valuation, defying a market downturn for young tech firms. The Singapore-based company said in a statement it struck a deal for financing led by Lightspeed and Sequoia Capital Southeast Asia. Paypal Ventures, Tencent Holdings Ltd, LGT Capital Partners and previous ...

Bloomberg India is likely to witness more extreme weather events, including intense heat waves, heavy flooding and severe drought that pose challenges to food and energy security for the second-most populous nation. “The extremes are increasing — hot is becoming hotter and cold is becoming colder,” said M Ravichandran, the top bureaucrat at the country’s earth sciences ministry. This trend ...

  Bloomberg Dabur India Ltd, a major consumer goods maker controlled by the billionaire Burman family, is scouting for acquisitions at home and in Southeast Asia as it works to establish its presence in a new overseas market amid heated domestic competition. On the back of its $71 million purchase of spice producer Badshah Masala Pvt Ltd in October, the ...

  Bloomberg The Biden administration suspects that three unidentified objects downed served commercial purposes and weren’t used for spying, a judgment that may help ease anxiety over a Chinese balloon that traversed the US before being shot down. The intelligence community believes the objects — unlike the giant airship shot down on February 4 — “could just be balloons tied ...