French police and fraud investigators have raided three Renault sites in search of vehicle technology that was used by Volkswagen to cheat emissions tests. The car maker said authorities found no evidence of the devices but the news of the inspections saw billions wiped off its market value. The company did though recover from a 22% fall in share price. Recent test results revealed that emissions exceeded limits on vehicles made by Renault and by some other car makers.
DoH awards research projects over AED19 million to transform AD healthcare
The Department of Health – Abu Dhabi (DoH), in partnership with the Authority of Social Contribution - Ma’an, has awarded over AED19 million in grants to support advancements in groundbreaking fields such as cell and gene therapies, precision medicine, and advanced cancer treatments.
UAE, Italy sign MoU to combat financial, economic crimes
The UAE General Secretariat of the National Anti-Money Laundering and Combatting Financing of Terrorism and Financing of Illegal Organisations Committee (GS-NAMLCFTC) and the Italian Guardia di Finanza on Friday signed a Memorandum of Understanding for a strategic partnership in the fight against the emerging financial crime threats.
Putin says there is no time to sign new Ukraine gas transit deal this year
President Vladimir Putin said on Thursday there was no time left this year to sign a new Ukrainian gas transit deal, and laid the blame firmly on Ukraine for refusing to extend the agreement that brings gas to Slovakia, the Czech Republic and Austria.
New tax programme for government employees
Dubai Finance (DOF) and PwC Academy, the talent and skills development arm of PwC Middle East, have announced a strategic partnership to introduce a new Tax Professional Certificate aimed at tax professionals working within Dubai’s government entities.
Brazil says workers at BYD construction site victims of human trafficking
Chinese workers found at a construction site for a factory owned by China's electric vehicle producer BYD in Brazil's Bahia state are victims of human trafficking, Brazilian labor authorities said on Thursday.
