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Bloomberg French President Emmanuel Macron offered a way for Ukraine to work more closely with the European Union, hours after Russia’s Vladimir Putin compared his war with Kyiv to the fight against Nazi Germany. “Ukraine, with its fight and courage, is already a member by heart of our Europe, our family, our union,” Macron told members of the European parliament ...

  Bloomberg Russia’s ambassador to Poland, Sergey Andreev, was struck with red paint in Warsaw amid protests opposing the Kremlin’s invasion of Ukraine. Crowds jeered the envoy as he led a Russian delegation to lay flowers at a memorial to Soviet Red Army troops who defeated Nazi Germany in World War II as part of Russia’s May 9 Victory Day ...

Bloomberg The UK housing market is braced for headwinds as rising borrowing costs add to the cost-of-living crisis stretching the affordability for property buyers. Mortgage lenders are following the Bank of England (BOE) by raising interest rates from historic lows. That’s making it more expensive to own a home at a time when prices of everything from energy to clothes ...

Bloomberg Twenty US internet providers have agreed to offer high-speed connections at essentially no cost to millions of low-income households, as part of a program funded by the infrastructure law passed last year. President Joe Biden and Vice President Kamala Harris will announce that 20 companies, including AT&T Inc., Comcast Corp. and Verizon Communications Inc., have agreed to offer high-speed ...

Bloomberg Tesla Inc sued a former engineer claiming he illegally transferred confidential information on its supercomputer technology to his own computer and turned over a “dummy” laptop for inspection to cover up the theft. Tesla is developing an in-house supercomputer, dubbed Project Dojo, to deal with massive amounts of data, including video from Tesla cars, and using it to create ...

  Bloomberg Canada’s labour market stalled even as the jobless rate falls to a new record low, hampered by a dearth of new workers. The economy added 15,300 jobs in April, Statistics Canada reported in Ottawa, fewer than half the 40,000 gain anticipated by economists. The small increase ended a surge that saw Canada create about 410,000 jobs over the ...

  Bloomberg The European Union aims to secure at least three stalled trade accords this year as the bloc looks to reinforce strategic alliances amid the turmoil caused by Russia’s invasion of Ukraine. The European Commission expects to conclude negotiations with Chile, New Zealand and Australia by the end of 2022 after progress had been stalled for months. The commission, ...

  Bloomberg Fed hikes, decades-high inflation and Covid lockdowns in China are only adding to investor bets that Southeast Asia’s stock markets may be one of the best places to park their money right now. Buyers are touting an economic reopening and the region’s attraction as a hedge against higher commodity prices, which is helping the MSCI Asean Index break ...

  Bloomberg Bitcoin is falling towards levels last seen in July 2021, part of a wider retreat in cryptocurrencies amid a global flight from riskier investments. The world’s largest digital token dropped as much as 2.7% on Monday and was trading at $33,568 as of 8:44 am in London. The second biggest, Ether, shed as much 4.6%. Most of the ...

  Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, revealed that Dubai has achieved the top ranking globally in attracting foreign direct investment (FDI) in 2021, with a record number of 418 greenfield FDI projects. HH Sheikh Hamdan expressed his gratitude to His Highness Sheikh ...