Bloomberg Time was running out on Sunday for tens of thousands of people still hoping to pay respects to Queen Elizabeth II by joining a miles-long queue to view her coffin at Westminster Hall. The British Department for Digital, Culture, Media and Sport said that a decision will be taken later on when entry to the line will close, as ...
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Fauci warns of anti-vaxxer attitude beyond Covid-19
Bloomberg US President Joe Biden’s top medical adviser warned in an interview with the Financial Times that a broad refusal of vaccines against Covid-19 may undermine efforts to immunise children and contain future illness outbreaks. Anti-vaccine attitudes “might spill over into that kind of a negative attitude towards childhood vaccinations,†Anthony Fauci was quoted as saying. “If you fall back ...
Read More »UK food producers face C02 crunch
Bloomberg One of Britain’s biggest suppliers of carbon dioxide halted output at a plant in England, further reducing local supplies of the gas vital for production of food including fizzy drinks. CF Industries Holdings Inc stopped ammonia production at its Billingham factory in northeast England earlier this week, the company said. It warned in August of the temporary outage, ...
Read More »US-China tech rivalry adds to headaches for stock investors
Bloomberg China’s heated rivalry with the US over tech supremacy is adding fresh pain points to the world’s second-largest stock market, as the Biden administration steps up efforts to reduce economic reliance on the Asian nation. From biotech to electric vehicles, shares of China’s key manufacturers have seen heavy selling recently as US initiatives to secure domestic supply chains ...
Read More »Tesla wants to double its German sales in ’22
Bloomberg Tesla Inc wants to double vehicle sales in Germany to 80,000 this year, German weekly Automobilwoche reported, citing a local manager. The electric car manufacturer sold 39,714 units in Europe’s biggest economy in 2021 and will continue to target an annual doubling of shipments, the publication said. The company has sold 24,734 vehicles in Germany in the year ...
Read More »US rail-union deal showcases labour angst beyond wages
Bloomberg The key issue that almost triggered the first US railroad strike in 30 years and threatened to hobble the economy wasn’t wages, but sick leave, highlighting broadening worker demands in a tight labour market. Union leaders and railway companies agreed on a deal that includes language allowing workers to take time off for doctor appointments, hospitalisation or surgeries, ...
Read More »Super sports enthusiast Anwar Shaikh brings Ultrahuman to UAE
DUBAI / GULF TIME ARUNIMA MISHRA The world’s most advanced metabolic fitness platform, Ultrahuman, is now embarking on a great start in the UAE. Started by Mohit Kumar and Vatsal Singhal in 2019 in India, while super sports enthusiast Anwar Shaikh brought the metabolic platform to the UAE. “The UAE is a great launchpad for international expansion for it is home ...
Read More »Apple counts on upscale buyers to turn latest iPhone 14 into hit
Bloomberg As the latest iPhone hit stores, Apple Inc is counting on well-heeled shoppers to make the device a hit during a year of roaring inflation and shaky technology spending. The iPhone 14 lineup reserves the best features for the high-end Pro models costing at least $1,000. And based on preorder data, the strategy is already working with consumers, who ...
Read More »Musk enters in-flight Wi-Fi market with small satellites
Bloomberg SpaceX wants to show the world its Starlink satellite system can deliver Netflix and YouTube at 30,000 feet. So it recently held a demo for the media aboard a jet operated by its first airline customer, regional carrier JSX. The short jaunt from Burbank to San Jose, California marks the start of Elon Musk’s bid to seize in-flight ...
Read More »GM’s Cruise maps robotaxi expansion
Bloomberg It was a bit surprising when Cruise, the autonomous vehicle startup that’s 80% owned by General Motors, said it planned to expand its robotaxi service to Phoenix and Austin over the next three months. The company had just recalled a previous version of its self-driving software that was in use when a car got in an accident with ...
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