Dubai / WAM The Dubai Electricity and Water Authority (DEWA), signed a MoU with Dubai Airports, as part of efforts to expand co-operation and joint partnerships to promote Smart Dubai, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. The goal is to achieve the Dubai Plan 2021, ...
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Trump scorns Kim after threat of H-bomb test
Bloomberg  North Korea struck back at US President Donald Trump’s threats to destroy it, with Kim Jong Un warning of the “highest level of hard-line countermeasure in history†and his foreign minister suggesting that could include testing a hydrogen bomb in the Pacific Ocean. Foreign Minister Ri Yong Ho spoke to reporters in New York, where he is attending ...
Read More »Spain tightens control over police in Catalonia
Bloomberg The Spanish government is tightening its control over the regional police in Catalonia after evidence emerged that the Catalans’ 17,000-strong force may not be fully committed to helping quash an illegal independence referendum planned for October 1. Prosecutors on Saturday ordered a unit of the central government’s Interior Ministry to coordinate the operations of the Civil Guard, the National ...
Read More »UK concerned by reports of Iran missile test: Johnson
Bloomberg UK Foreign Secretary Boris Johnson said he is “extremely concerned†by reports that Iran tested a missile, saying the action was inconsistent with United Nations resolutions. He urged the nation to halt “such provocative acts.†Johnson made comments on his Twitter account, after Press TV reported that Iran had successfully test-fired a new ballistic missile. The missile was unveiled ...
Read More »US mulls replacing travel ban with new restrictions
Bloomberg President Donald Trump is weighing replacing his ban on travellers entering the US from six predominantly Muslim nations with a set of more specific and tailored restrictions based, in part, on how much information countries share with the US. The Department of Homeland Security has sent Trump recommendations for entry restrictions and additional visa requirements based on shortcomings in ...
Read More »PM May ends impasse in Brexit speech
Bloomberg Britain and the European Union are set to resume Brexit negotiations next week after UK Prime Minister Theresa May broke the stalemate in the hope that the real arguments can now begin. In a major speech that drew guarded praise from Brussels, May signalled for the first time that she’ll be ready to discuss the amount of money the ...
Read More »Boeing lands $11bn 787 deal from resurgent Turkish Air
Bloomberg Turkish Airlines said it intends to purchase 40 of Boeing Co.’s 787-9 Dreamliners, a long-awaited deal that signals the carrier’s rebound following a terrorist attack on its Istanbul hub last year. When finalised, the order would be valued at almost $11 billion before the customary discounts for large aircraft purchases. The pact, unveiled during a brief signing ceremony in ...
Read More »Lufthansa, EasyJet to buy Air Berlin assets
Bloomberg Deutsche Lufthansa AG and EasyJet Plc were selected as the preferred bidders for the main assets of insolvent Air Berlin Plc, handing both airlines a rare chance to rapidly expand in Europe’s biggest economy. The creditors’ committee will continue talks with the two carriers until October 12 with the aim of selling Air Berlin’s transport assets, the company said ...
Read More »UK retail sales rise more than forecast
Bloomberg UK retail sales rose in August at their fastest pace in four months, providing further evidence of a tentative pickup in consumer spending. The quantity of goods sold in stores and online increased 1 percent from July, as did sales excluding auto fuel, the Office for National Statistics said. The increase far exceeded the median forecast of economists and ...
Read More »Inside Jeff Bezos’ $5 billion bet that Amazon.com can win India
Bloomberg It’s mere weeks to the festival of Diwali, the season of lavish, reckless consumption, and in a cavernous warehouse minutes from the Hyderabad airport, hundreds of workers are furiously sorting mountains of everyday items. There are sunglasses and shaving creams, sewing machines, vegetable slicers and microwave ovens, all lined up by Amazon.com Inc. to sate the shopping frenzy that’s ...
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