Admin

Vaccinations must for Barclays staff in New York

Bloomberg Barclays Plc is the latest bank in the United States to keep unvaccinated staff at home for the time being. “As we continue inviting our colleagues back to our offices in New York, we made a decision to focus initially on those already vaccinated,” Barclays said. Banks are bringing more staff back to their premises around the world after ...

Read More »

Apple plans to add satellite features to iPhones

Bloomberg Apple Inc.’s push to bring satellite capabilities to the iPhone will be focused on emergency situations, allowing users to send texts to first responders and report crashes in areas without cellular coverage. The company is developing at least two related emergency features that will rely on satellite networks, aiming to release them in future iPhones, according to a person ...

Read More »

Facebook, Xiaomi eye India’s $1 trillion digital loan market

Bloomberg India’s digital loan market is becoming a battleground for companies from Facebook Inc. to Xiaomi Corp., seeking a foothold in what’s set to be a $1 trillion industry. Facebook said India would be first country where it rolls out its small business loan program offering loans via a partner to firms that advertise on its platform. The loans will ...

Read More »

Nuro to build $40mn robot-car factory in Nevada

Bloomberg Nuro Inc, which has unmanned delivery pods scurrying around Southwestern streets, said that it will build a $40 million facility to assemble and test a new generation of autonomous vehicles in Nevada. The expansion marks an inflection point for the five-year-old robotics startup. After three years refining its autonomous driving system while delivering groceries, prescriptions and pizza, it says ...

Read More »

Twitter plans new privacy-related tools

Bloomberg Twitter Inc is planning to test new privacy-related features aimed at giving users greater control over their follower lists and who can see their posts and likes, an effort to make people more comfortable interacting and sharing on social network. The tools are related to what Twitter executives call “social privacy,” or how users manage their reputations and identities ...

Read More »

Abu Dhabi launches new internet domain name

ABU DHABI / WAM Under the supervision of the Higher Committee of Digital Government in the Emirate of Abu Dhabi, the Department of Government Support (DGS) represented by the Abu Dhabi Digital Authority (ADDA) has announced the official internet top level domain name for the Emirate of Abu Dhabi, “.abudhabi”, which represents the digital identity of the emirate in the ...

Read More »

Oil falls as traders count down moments until Opec+ meeting

Bloomberg Oil slipped ahead of an Opec+ meeting that should see further output added to a market that the group sees as needing extra supply. West Texas Intermediate falls by 1.3% after losing more than 7% in August, the biggest monthly decline this year. The Organisation of Petroleum Exporting Countries (Opec) and its allies including Russia are expected to ratify ...

Read More »

UAE condemns Houthis’ attempt to target Saudi

ABU DHABI / WAM The UAE has strongly condemned the terrorist Houthi militias’ attempts to attack civilians and civilian objects in Najran, Saudi Arabia on Wednesday with a ballistic missile, which was intercepted by Coalition Forces. In a statement by the Ministry of Foreign Affairs and International Cooperation, the UAE reiterated that these systematic terror attacks by the Houthis reflect ...

Read More »

Taqa to conduct review of its global oil, gas business

ABU DHABI / Emirates Business Abu Dhabi National Energy Company PJSC (Taqa), one of the largest listed integrated utility companies in the region, announced that it has initiated a strategic review of its oil and gas operations. Since 2005, Taqa has built a high-quality portfolio of upstream and midstream operations in the UK North Sea, the Netherlands, Canada and the ...

Read More »

ADX to launch derivatives market

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) announced on Wednesday that it has taken a key step towards launching a derivatives market this year by signing an agreement with Nasdaq (Nasdaq: NDAQ) to deliver marketplace technology solutions, including matching, real-time clearing and settlement technology. ADX is rapidly expanding asset classes and developing new offerings for both regional and ...

Read More »
Send this to a friend