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Bloomberg Grilled by reporters at the United Nations General Assembly about what comes next in Russia’s invasion of Ukraine, Foreign Minister Sergei Lavrov had simple advice. “You should read Putin more often and carefully,” he told a journalist who asked about Moscow’s endgame for the seven-month-old conflict, directing the questioner to Putin’s speeches for guidance. The Russian president’s public comments ...

  ABU DHABI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the start-up of Unit 3 of Barakah Nuclear Energy Plant contributes to achieving one of the most important objectives of the UAE vision and strategy for the energy sector by playing a key role in promoting the transition to safe and environmentally friendly ...

  ABU DHABI / WAM Borouge petrochemical company on Friday announced the General Assembly approval for its 2022 interim dividend payment of $325 million (AED1.2 billion) equivalent to 3.97 fils per share. The interim dividend will be paid to shareholders of record on October 03 and is the first payment of the expected total FY 2022 dividend of $975 million ...

  ABU DHABI / WAM The UAE, through its humanitarian bodies and in cooperation with the Somali Disaster Management Authority (SoDMA) and other authorities, continues to distribute aid to the local population and displaced people in areas most affected by the drought, including Mahas and Mataban regions in Hiran Governorate, Hirshabelle State. This aid is part of efforts to distribute ...

  ABU DHABI / WAM The Abu Dhabi Quality and Conformity Council (QCC) has launched an updated version of the Abu Dhabi Guide for Infrastructure Services at the “Partners Forum” 2022 with modifications and adding 30 sub-directories bringing the total number of technical documents in the Guide to 160. The Partners Forum 2022 was organised in Abu Dhabi, with the ...

  DUBAI / WAM The UAE affirmed that developing new strategies to upskill workers and enhancing business environments for employers are necessary to prepare for the digital future of work. This came during a speech by Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation and head of the UAE delegation, at the 48th Arab Labour Conference, held from ...

Bloomberg Natural gas prices in Europe headed for a fourth weekly loss, as ample supplies of liquefied natural gas (LNG) help countries fill reservoirs days ahead of the start of the heating season. Dutch front-month gas, the European benchmark, declined as much as 6%, and are on pace for a drop of about 5% this week. While prices have eased ...

Bloomberg Russia on Friday began staging UN-condemned “votes” on annexing the roughly fifth of neighboring Ukraine it occupies in a step that marks a new escalation in the spiraling conflict between President Vladimir Putin and the US and its allies. Russian state media reported overwhelming support for accession to Russia in the four regions that its troops partially control, according ...

Bloomberg Liz Truss’s new UK government delivered the most sweeping tax cuts since 1972, slashing levies on rich households and companies in a bid to boost economic growth in a move that triggered a massive market selloff of the currency and bonds. Chancellor of the Exchequer Kwasi Kwarteng announced a series of tax cuts and regulatory reforms that will cost ...

Bloomberg Germany is stepping up preparations for a gas emergency that would require rationing for the country’s biggest companies this winter as Russia’s squeezes flows to Europe. In a sign of growing urgency, the regulator will next Wednesday present to lawmakers a digital security platform to identify the “non-protected” consumers that will bear the brunt of rationing. That includes Germany’s ...