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  Bloomberg German energy giant Uniper SE is seeking to extend a government credit line to 13 billion euros ($13 billion) in the latest sign of how the energy crisis is getting worse. The utility has requested an additional 4 billion euros ($4.1 bilion) from Germany’s state-owned lender KfW after fully using its existing 9 billion-euro credit line, Uniper said in ...

Bloomberg Ukrainian President Volodymyr Zelenskiy accused Russia of trying to create a global sense of fatigue about its invasion, including by restricing the flow of gas to drive energy prices higher. The European Union is working on “an emergency intervention and a structural reform of the electricity market” to drive down spiking power prices, according to Ursula von der Leyen, ...

  Abu Dhabi / WAM Shaimaa Al Mansoori, Director of Education and Training at the Federal Authority for Nuclear Regulation (FANR), stressed that women account for 44 percent of the authority’s workforce and 43 percent of managerial positions. In her statement to the Emirates News Agency (WAM), Al Mansoori said that the authority is constantly working to advance the skills ...

Dubai / WAM The Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications Office, in cooperation with the National Programme for Artificial Intelligence, has successfully concluded the fourth edition of UAE AI Camp, which help hone the skills of 7,750 people participating in its activities and workshops. Organised in partnership with several local entities and international companies specialised ...

  Dubai / WAM In line with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to reinforce Dubai’s status as a regional hub of media and creativity, HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Media Council, issued Decisions No. (4) and No. ...

  Dubai / WAM Emirates Transport (ET), the largest provider of school transport services in the UAE, announced its full readiness to transport nearly 241,000 male and female school and university students for the academic year 2022-2023 using 7,217 busses equipped with high safety and security systems. As part of its intensive preparations to welcome the new school year, ET ...

  Bloomberg US Navy warships have entered the Taiwan Strait for the first time since House Speaker Nancy Pelosi’s visit to the self-ruled island tested ties between Washington and Beijing. The Ticonderoga-class guided-missile cruisers USS Antietam and USS Chancellorsville are conducting a routine transit through a corridor of the strait beyond the territorial sea of any state, the 7th Fleet ...

  Bloomberg Greek air defense missile locked onto Turkish F-16 fighter jets flying in international airspace over the Mediterranean, the Turkish Defense Ministry said in a statement. Greece’s Russian-made S300 air defense system on the island of Crete locked onto the Turkish planes on Aug. 23 as they flew over the Mediterranean, according to the statement. Earlier in the week, ...

  Bloomberg It’s starting to look like nothing can stop the British pound from sinking to new lows. With talk about inflation surpassing 18% next year and families across the country likely to be pushed into energy poverty this winter, the UK’s economic woes are getting worse by the day. The consensus among traders is that the Bank of England ...

  Bloomberg French Prime Minister Elisabeth Borne is leaving open the possibility of a new tax on corporate “super profits” after lawmakers rejected the move last month. In an interview published in Le Parisien newspaper, Borne said she’d prefer alternatives to a windfall levy, such as companies lowering prices for consumers and giving bonuses to employees to bolster their spending ...