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  HANOI / WAM There remain huge opportunities for Vietnamese enterprises to accelerate exports of agricultural and food products to the United Arab Emirates thanks to its strong demand for these items, experts have said. As the regional trade and logistics centre, the UAE was considered one of the world’s largest re-export markets for goods, including farm produce, said the ...

  Dubai / WAM Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, has visited Spain Pavilion at Expo 2020 Dubai. He was welcomed by José Andrés Torres Mora, Commissioner General of the Pavilion, and Julieta Casanova, Commercial Attaché at the Embassy of Spain in the UAE. During his visit, Dr Al Falasi said that Expo 2020 ...

  Bloomberg Japan’s biggest steelmaker is calling on Tokyo to provide at least 2 trillion yen ($17.3 billion) in subsidies over almost three decades to meet net-zero carbon targets, as it seeks to stay competitive against China and other global rivals. Nippon Steel needs the money to vie on an “equal footing,” according to Hideo Suzuki, the managing executive officer ...

  Bloomberg The UK needs to substantially expand its capacity for storing electricity for longer in order to maintain energy security as it shifts to greener power, according to Aurora Energy Research. As much as 24 gigawatts of long duration electricity storage — about eight times the current installed capacity — may be needed to help integrate intermittent renewable sources ...

  Bloomberg Thailand will slash the excise tax on diesel for three months to lessen the impact of soaring global crude prices as inflation emerges as the latest threat to the economic recovery. The cabinet agreed to cut the levy by 3 baht ($0.09) per liter until May 20, Thanakorn Wangboonkongchana, a government spokesman, said in a statement. The lower ...

  Walmart Inc is defying fears that rising prices will derail the consumer recovery. The world’s biggest retailer announced better-than-expected quarterly profit and delivered an upbeat outlook for US same-store sales this fiscal year. The shares rose as much as 3% in pre-market trading. It’s good news, but it really shouldn’t be a surprise. Although other retailers may be fretting, ...

Even as omicron infection rates plummet, preparations must be made for whatever Covid-19 throws at us next. The best-case scenario is that we live with an endemic virus that causes only mild infections in most people who are vaccinated. But the possibility remains that new variants will arise. A good way to prepare for any eventuality is to develop new ...

  US Securities and Exchange Commission (SEC) Chairman Gary Gensler has repeatedly said the crypto markets are like the “Wild West,” with insufficient protections for investors. A presidential working group has cautioned that some crypto platforms were allowing investors to make risky high-leverage bets. And the Treasury Department has called for legislation requiring some crypto issuers to be insured just ...

  The Electoral Count Act of 1887 is badly written, and its flaws present dangers to the country. The current bipartisan interest in revising the law, which sets forth how Congress handles challenges to electoral votes after a presidential election, is therefore welcome. But there are many ways a reform could go wrong, and legislators will have to be careful ...

  Bloomberg As flying electric taxis and hydrogen fuel take center stage at the Singapore Airshow, Boeing Co’s plan to clean up aviation is far less revolutionary. Rather than banking on new technology and different propulsion systems, the Chicago-based company is pushing a solution that will limit disruption to its mainstay plane-making business: Run the aircraft on sustainable aviation fuel. ...