Month : June 2025

Business

EU plans €241bn nuclear boost to hit 2050 climate goals

omandailynews.com
The European Commission has estimated that the European Union will need to invest €241 billion in nuclear energy infrastructure by 2050 to meet its climate neutrality and decarbonisation targets. The figure was outlined in the Commission’s latest nuclear illustrative programme (PINC), released on Tuesday, as part of the EU’s broader strategy to strengthen energy security and......
PR Newswire

United Risk Completes Acquisition of Pinnacle Underwriting Based in Sydney, Australia Expanding and Strengthening Operations in the Asia-Pacific and Middle East Regions in Key Lines of Business

omandailynews.com
Specialty facultative reinsurance MGA bolsters United Risk’s business, among the largest in the world and now unique for its diversified scale and geographic reach NEW YORK, June 18, 2025 /PRNewswire/ — Mr. Hayden Smith, United Risk’s Regional CEO with responsibility for operations in Asia and Australia, has announced that United Risk......
Business

UAE economy grows 4 percent to AED1.776 trillion in 2024

omandailynews.com
The United Arab Emirates’ real gross domestic product (GDP) reached AED1,776 billion in 2024, reflecting a year-on-year growth rate of 4 percent, according to figures released by the Federal Competitiveness and Statistics Centre. This expansion underscores the continued momentum in the country’s national economy, supported by the government’s strategic focus......
Health

Australia reviews approval to grow genetically modified purple tomato

omandailynews.com
Australian regulators are reviewing a proposal to approve the cultivation and sale of a genetically modified purple tomato, potentially expanding the nation’s limited list of approved genetically modified (GM) crops. If successful, the tomato could be commercially available by next year, with initial production planned in greenhouses in south-east Queensland. Developed......
PR Newswire

San Raffaele Hospital: World’s First Case Study Demonstrates the Effectiveness of Spinal Cord Neurostimulation in a Paraplegic Patient with Severe Conus Medullaris Injury

omandailynews.com
The study, published in Med by Cell Press and authored by physicians and researchers from the MINE Lab, documents the recovery of walking ability through epidural electrical stimulation in a paraplegic patient with a spinal cord injury at the T11–T12 level. These types of injuries account for over 50% of......
PR Newswire

Mibro Unveils Three New Smartwatches, Highlighting Sports-Tech Innovation and Brand Transformation

omandailynews.com
SHENZHEN, China, June 16, 2025 /PRNewswire/ — On June 16, Mibro, a brand of ZhenShi Information Technology (Shenzhen) Co., Ltd, proudly announces the launch of three new smartwatches: GS Explorer S, GS Pro2, and GS Active2, marking a milestone in its brand evolution. With a renewed focus on integrating sports and......
Travel

US tourism faces global backlash and $12.5B in losses

omandailynews.com
The United States tourism sector is facing an acute international backlash in 2025, as a combination of foreign government travel warnings, mass civil protests, and a deteriorating global perception converge to produce a projected loss exceeding $12.5 billion in international tourism revenue. Warnings issued by key governments including Canada, the UK, China, and Japan, alongside sharp......
Travel

Airlines cancel 650 Europe flights amid Middle East unrest

omandailynews.com
Global air travel faced major disruption on June 13 as escalating conflict between Israel and Iran led to the cancellation or diversion of hundreds of flights across Europe and the Middle East. According to Eurocontrol, approximately 1,800 flights were affected by mid-morning, including 650 cancellations, significantly impacting passenger movement and airline operations.......