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  Bloomberg Confidence in Germany’s business outlook fell in August as soaring inflation and fears about a possible recession in Europe’s largest economy has intensified. The Ifo Institute’s gauge of business expectations for the next six months inched down to 80.3 from 80.4 in July, though economists had predicted a steeper decline. Current conditions were also assessed more negatively. Still, ...

  Bloomberg Tesla Inc will start charging $15,000 for the driver-assistance system it calls Full Self-Driving, raising the price of the controversial product for the second time this year. The hike for customers in North America will take effect from September 5, Chief Executive Officer Elon Musk tweeted. The current $12,000 price will be honoured for orders made before that ...

  Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), on Friday, expressed her pride in the achievements of Emirati women and their contribution to the UAE’s progress and development, based on knowledge and sincere ...

  Abu Dhabi / WAM Masdar’s Women in Sustainability, Environment and Renewable Energy (WiSER) platform on Friday completed its first field-based course in Rwanda to teach young women in rural off-grid communities to harness the potential of clean energy solutions, in line with the United Nations’ Sustainable Development Goal (UN SDG) 7 to ensure access to affordable, reliable, sustainable and ...

  Abu Dhabi / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, has stetted that women’s participation has been part and parcel of the UAE’s sustainability journey. On the occasion of Emirati Women’s Day, which is observed on August 28, Almheiri said, “This year, we mark the day under the theme ‘Inspiring Reality .. Sustainable Future’ ...

Bloomberg European governments have allocated about 280 billion euros ($278 billion) in funding to cushion the impact of the energy crisis on households and businesses. The funding, calculated by Brussels-based Bruegel think tank, measures fresh allocations since September, and covers everything from subsidising tariffs for small businesses in Greece to direct payouts to consumers in Belgium. Some of the money ...

Bloomberg Taiwan welcomed its third US congressional visit this month, as Senator Marsha Blackburn began a three-day trip to the island that’s likely to further test Washington’s tense ties with Beijing. Blackburn, a Republican on the Senate’s Armed Services Committee which oversees defense policy, met Taiwan President Tsai Ing-wen on Friday morning, after landing in Taipei the previous evening. Days ...

ATHENS / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a meeting on Thursday in Athens with Katerina Sakellaropoulou, President of the friendly Republic of Greece. At the beginning of the meeting, that took place at the presidential palace, President Katerina Sakellaropoulou welcomed HH Sheikh Mohamed bin Zayed Al Nahyan, and congratulated him on becoming the ...

Abu Dhabi / WAM The Abu Dhabi Blockchain and Virtual Assets Committee held its first meeting, under the chairmanship of Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development (Added) and Chairman Securities and Commodities Authority (SCA), to discuss strategy for blockchain and virtual assets, which is aligned with the Emirates economic strategy. The committee emphasised ...

  Abu Dhabi / WAM Etihad Airways, the national airline of the UAE, this week celebrated Captain Aisha Al Mansoori who has become the UAE’s first female Emirati Captain in a commercial airline. This is a significant milestone for aviation within the UAE and part of Etihad’s efforts to expand the roles of women in aviation, in particular the pilot ...