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Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec), held a special ceremony at the Barakah Nuclear Energy Plant to celebrate the achievement of 50 million safe work hours. The accomplishment reflects Enec’s commitment to the highest standards of safety and quality and is the result of its continuous workplace safety improvement programmes. Mohamed Al Hammadi, Chief Executive Officer ...

Bloomberg New York’s plan to put the state’s last coal-fired power plants out of business hasn’t even been approved yet and electricity is already trading like they’re shut. The price of power in 2021 in New York City and other regions surged more than 30 percent beginning in May. The only major difference between then and now: a pending state ...

Bloomberg Carlos Ghosn’s arrest is triggering a reckoning at the Japanese carmaker he once saved from near bankruptcy, with Nissan Motor Co reviewing its global operations and relationships with key dealers as part of an expanding investigation into the auto titan’s alleged misdeeds, people familiar with the matter said. Hundreds of people — including regional and legal compliance teams as ...

Bloomberg Vodafone Idea Ltd plans to raise as much as $3.5 billion via a rights offering to help India’s largest mobile-phone carrier fend off Asia’s richest man, who continues to roil the industry by providing 4G Internet at prices that would drive most carriers bankrupt in other countries. Vodafone Group Plc will contribute as much as 110 billion rupees, while ...

Bloomberg Tata Power Co is seeking to set up electric vehicle chargers in the Indian capital, a company official said, as one of the most polluted cities on earth plans an ambitious push towards cleaner vehicles. Tata Power Delhi Distribution Ltd, which supplies electricity to 1.64 million consumers in Delhi, has written to the local government saying it wants to ...

Bloomberg China is stepping up its efforts to rein in the country’s internet, singling out Tencent Holdings Ltd’s popular news app for spreading vulgar information while shutting down more than 700 websites and thousands of apps in the span of three weeks. The Cyberspace Administration of China has scrubbed the web of more than 7 million items since January 3, ...

Bloomberg General Oyster Inc, Japan’s largest oyster restaurant operator, has been approached by several Chinese companies interested in buying a stake or perhaps acquiring the business, according to people familiar with the matter. Three Chinese firms, including a large internet company, have expressed interest in separate deals with General Oyster, said the people, asking not to be identified because the ...

Bloomberg Thailand will hold a general election on March 24 for the first time since a coup in May 2014. The date was set by the Election Commission in Bangkok on Wednesday, a few hours after a royal decree was issued authorising the poll. Voting will take place under a military-backed charter, ending one of the longest periods of rule ...

Bloomberg Russia showed foreign envoys a missile that’s at the centre of a dispute with the US over a landmark nuclear treaty, as Moscow mounted a diplomatic offensive against Washington’s plans to withdraw from the pact. US demands for the elimination of the 9M729 missile are “unacceptable,” Russian Deputy Foreign Minister Sergei Ryabkov said in a televised briefing for foreign ...

Bloomberg Writer and former Chinese diplomat Yang Hengjun, who is now an Australian citizen, has been detained by the Chinese government, according to one of his friends. Yang boarded a flight from New York to the southeastern Chinese city of Guangzhou and was scheduled to arrive on Saturday, Feng Chongyi, an associate professor in China studies at the University of ...