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  Bloomberg Electric vehicle startups Polestar Automative Holding and Rivian Automotive Inc. are known for doggedly tracking their individual corporate emissions, detailing the environmental toll of everything from the lights in their factories to the rubber in their cars’ tires. On Wednesday, the EV rivals paired up with consulting giant Kearney to raise a flag on the industry more broadly: ...

Bloomberg Philippine President Ferdinand Marcos Jr. and Japanese Prime Minister Fumio Kishida oversaw agreements bolstering military and infrastructure ties between the two US allies amid China’s growing power in the region. During the first visit by Marcos to Tokyo since taking office, the two governments signed seven deals, including one aimed at making easier for Japan’s Self-Defense Forces to take ...

Bloomberg President Joe Biden denied that relations with Beijing have suffered a serious blow after the US downed an alleged Chinese spy balloon that flew across the continental US. Biden said that the US is currently recovering “major pieces” of the aircraft to analyze the equipment. But he maintained that the incident hasn’t further exacerbated tensions with the country. “No. ...

  Abu Dhabi / WAM The Ministry of Industry and Advanced Technology (MoIAT) issued its annual achievements report on Wednesday, outlining its key outcomes and milestones in 2022. The report has highlighted the ministry’s successful efforts in developing the industrial sector, increasing its contribution to national GDP, creating an attractive business environment for local and foreign industrial investments, and stimulating innovation ...

  Sharjah / WAM Dana Gas on Wednesday announced its preliminary financial results for the year 2022. The company reported an increase in revenues by 17 percent to AED1.94 billion ($529 million) in 2022 compared to AED1.66 billion ($452 million) in 2021. The increase in revenues is due to higher realised prices and production output in the Kurdistan Region of ...

  Dubai / WAM The Tawasul System of the Ministry of Human Resources and Emiratisation (MoHRE) conducted over 30 million interactions with customers in 2022 and achieved 91% customer satisfaction and complaint resolution. The system includes 12 digital and online channels, such as a call center, WhatsApp chat, live chat, email, video and voice calls, Customer Voice system, Customer First ...

Bloomberg Ukrainian President Volodymyr Zelenskiy made a surprise visit to the UK, only his second confirmed trip outside the country since the war began, as Prime Minister Rishi Sunak announced more training for Ukrainian troops and new help for fighter jet pilots. Zelenskiy arrived on a Royal Air Force plane before heading into London to meet Sunak in Downing Street ...

Bloomberg Chinese leader Xi Jinping appears to be recalibrating his hardline approach to Taiwan in the year before the island holds a presidential election that his government’s preferred negotiating partner has a shot at winning. Kuomintang Vice Chairman Andrew Hsia is expected to visit China on Wednesday, the latest in a series of friendly gestures between the one-time foes in ...

  Abu Dhabi / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ordered the provision of $100 million for the relief of those affected by the earthquakes in the sisterly Syrian Arab Republic and the friendly Republic of Turkiye. His Highness’s initiative includes providing $50 million to the brotherly Syrian people affected by earthquakes, in addition to ...

Abu Dhabi / WAM Mohamed Al Ahmedi, CEO of Ducab Metals Business, has said that the company aims to promote products that bear the “Made in the UAE” brand by exporting 95 percent of its products to more than 55 markets around the world. In a statement to the Emirates News Agency (WAM), Al Ahmedi highlighted the company’s ambition through ...