Bloomberg Meta Platforms Inc’s photo-sharing app Instagram is encouraging users to take a break as the company battles accusations that too much time spent on its social networks hurts mental well-being of teenagers. Instagram will let people opt to see pop-up messages when they have spent a lot of time looking at a particular topic, suggesting they explore other subjects. ...

Bloomberg Stellantis NV will lean on partnerships with Foxconn Technology Group, Waymo and BMW AG to generate about 20 billion euros ($23 billion) in extra revenue from software-driven features in its vehicles by the end of the decade. The maker of Jeep, Chrysler and Fiat brands is extending existing tie-ups with Apple Inc.’s assembly partner Foxconn and Alphabet Inc.’s self-driving ...

Bloomberg Toyota Motor Corp will break ground on its first battery factory in the US at a mega-site in North Carolina, joining an industry-wide push as automakers accelerate efforts to electrify their fleets. The Japanese company will invest $1.29 billion in the automotive battery manufacturing facility, which is scheduled to start production in 2025, the company said. It is the ...

Bloomberg Volvo Car AB said it’s confident it can improve sales and profitability this year even as the global shortage in semiconductors continues to weigh on auto production. The manufacturer owned by China’s Zhejiang Geely Holding Group Co lost output of 50,000 cars in third quarter compared to the year-earlier period, it said. It reiterated its full-year outlook despite preliminary ...

DUBAI / WAM Abdulaziz Al Ghurair, Chairman of Dubai Chamber, has said that the number of companies from the Association of Southeast Asian Nations (Asean) registered with Dubai Chamber has increased by 35.5 percent since 2018 to exceed 3,300 members. The announcement was made by Al Ghurair during his opening speech at the first Global Business Forum (GBF) Asean, which ...

ABU DHABI / WAM The UAE Journalists Association (UAEJA) and the Saudi Journalists Association (SJA) signed a cooperation agreement to consolidate ties, being the two authorities representing journalists in the UAE and Saudi Arabia. The signing took place as the UAEJA received a high-level SJA delegation, led by Khalid Al Malik, Chairman of the Board of Directors of the SJA, ...

WAM / Gulf Time The Abu Dhabi Securities Exchange (ADX) is amending its trading week to Monday through Friday, effective January 3, 2022. Trading hours will remain unchanged, opening at 10:00am and closing at 3:00pm. The exchange’s new trading week follows the recent announcement made by the UAE government to adopt a four and a half day working week, with ...

Abu Dhabi / Gulf Time Etihad Airways, the national airline of the United Arab Emirates, and ITA Airways, the national carrier of Italy, have signed a codeshare agreement connecting the networks of the two airlines. This new commercial partnership is designed to boost business travel and tourism between Italy and the United Arab Emirates, and will offer travellers more options ...

ABU DHABI / Gulf Time The Moroccan government celebrated the inauguration of a major university housing project at Mohammed VI University of Health Sciences in Mohammedia City, Morocco, that was developed with the support of the Abu Dhabi Fund for Development (ADFD). The project creates an integrated university district designed to the highest international standards to provide high-quality accommodation for ...

ABU DHABI / Gulf Time Etihad Guest, the award-winning loyalty programme of Etihad Airways, has introduced a series of sustainability-focused initiatives to reward members for making ‘green’ choices and providing options to reduce their own carbon footprint. Conscious Choices, the new range of sustainable initiatives offered by the Etihad Guest programme, has been created to support Etihad’s overarching sustainability ambition ...