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Etihad to stream all FIFA World Cup Qatar matches live

  Abu Dhabi / Gulf Time Football fans flying with Etihad Airways during the FIFA World Cup Qatar 2022 can watch every match live onboard while in the air on Etihad’s E-BOX entertainment channels Sport 24 and Sport 24 Extra. The live TV service is available onboard the airline’s fleet of wide-body aircraft connecting destinations in Europe, North America, Australia, ...

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UK searches for Brexit benefits as promised ‘freedoms’ fall away

Bloomberg Rishi Sunak faces another delicate Brexit decision after he was asked by senior civil servants to delay a planned “bonfire” of legislation dating from the UK’s membership of the European Union. The request by officials to shift the current 2023 deadline to remove some 4,000 EU laws from the British statute books by three years is a headache for ...

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UK faces $19.42 billion bill for three months of energy subsidy

  Bloomberg Energy regulator Ofgem will raise its price cap for the average UK home by 21% to £4,279 ($5,173) from January, underscoring the growing gap the government has to plug to maintain its price freeze. The UK has been subsidising Ofgem’s price cap since October in an attempt to shield households from the worst energy crisis in decades. That ...

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China local governments face debt squeeze worth $2 trillion

  Bloomberg Signs are growing in China that local government debt burdens are becoming unsustainable. China’s 31 provincial governments have a stockpile of outstanding bonds that’s close to the Ministry of Finance’s risk threshold of 120% of income. Breaching that line could mean regions will face more regulatory hurdles to borrow, hampering their ability to drive up economic growth. In ...

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India seeking to shrink budget deficit: Minister

  Bloomberg India wants to narrow its budget deficit by at least 50 basis points, according to people familiar with the matter, as authorities balance global investor scrutiny with the need for higher spending as the nation enters an election year. Finance Minister Nirmala Sitharaman will seek to shrink the shortfall to less than 6% of gross domestic product in ...

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South Korea may order striking truck drivers to return to work

Bloomberg A South Korean official said the government is considering issuing an order to disband a strike by truck drivers that has blocked ports and industrial complexes, hampering supplies of key exports. “We are doing our best to minimize supply disruptions and taking emergency steps,” said Transport Minister Won Hee-ryong during a visit to the port of Busan on Thursday. ...

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Baidu posts surprise sales gain as investors eye turnaround

Bloomberg Baidu Inc. posted a surprise gain in revenue after cost cuts helped prop up the bottom line and online advertising held up better than anticipated against China’s economic downturn. Sales rose slightly to 32.5 billion yuan ($4.6 billion) in the September quarter, beating expectations for 31.8 billion yuan. The company posted a net loss of 146 million yuan in ...

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US, UAE find pluralism, diversity as source of national strength

ABU DHABI / WAM In the United States and the UAE, pluralism and diversity are a source of national strength, a senior US diplomat told the Emirates News Agency (WAM). “I believe that in both the United States and in the UAE, as the US National Security Strategy states, ‘pluralism, inclusion, and diversity are a source of national strength in ...

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Added digitally links free zones to create a unified database

  Abu Dhabi / WAM As part of its ongoing initiatives and efforts to improve business environment and develop a single platform for economic licences, the Abu Dhabi Department of Economic Development (Added), has completed the e-link project with four freezones including Kezad group, which consist of 12 economic zones, Abu Dhabi Airports Free Zone, the Media free Zone- Abu ...

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eSafe announces int’l conference on safety of children in digital world

  Abu Dhabi / WAM The Emirates Safer Internet Society (eSafe) has announced the launch of its first international conference to discuss methods for the safety of children online and responsible use of smart devices entitled, “Children’s Well-being in a Digital World”, on February 6, 2023, at the Anantara Eastern Mangroves Abu Dhabi. The event will be organised under the ...

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