Blog List Layout

Bloomberg Apple Inc will manufacture its new Mac Pro computer in China, moving production of what had been its only major device assembled in the US, according to a person familiar with the company’s plans. The company will use Quanta Computer to make the $6,000 desktop computer and is ramping up production at a factory near Shanghai, according to the ...

Bloomberg Vietnam is buying more US goods to help it reduce a $39.5 billion surplus, after President Donald Trump called the country a trade abuser. “Vietnam has made great efforts to improve the trade balance between the two countries, increasing imports,” Ministry of Foreign Affairs spokeswoman Le Thi Thu Hang said in a statement. Vietnam is improving investment conditions for ...

Bloomberg Using code rather than concrete, European companies are busy building walls to protect their data, and are being encouraged by local politicians concerned about threats to their sovereignty. France’s biggest supplier of drinking water is one example. Before switching to Google’s cloud-based office software, Veolia Environnement SA first hired cybersecurity company Atos SE to handle the encryption of its ...

Bloomberg Blackstone Group LP is set to close on more than $12 billion for its debut infrastructure fund, anchored by money from the kingdom of Saudi Arabia, according to people with knowledge of the matter. That figure is expected to be finalised in the coming weeks, said the people, who asked not to be identified because the information isn’t public. ...

Bloomberg Just a few weeks into California’s dry summer season, fires linked to PG&E Corp. have already started to break out. More than 2,000 acres burned in Monterey County last week, with power lines blamed as the cause. Earlier this month, a transformer burst into flames in Marin County, north of San Francisco, and ignited a brush fire. In San ...

Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, on Wednesday inaugurated one of the world’s largest offshore oil platforms – the Umm Lulu Gas Treatment Plant (ULGTP), in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, and His ...

Abu Dhabi / WAM The two-day agenda for the upcoming inaugural Abu Dhabi Climate Meeting (ADCM), has been announced, with UN Secretary-General Antonio Guterres set to welcome more than 1,000 of the world’s leading political figures and climate action experts to the UAE capital. Set to run on June 30 and July 1 at Emirates Palace in Abu Dhabi, the ...

NEW DELHI / WAM More than 200 start-ups across New Delhi and Bengaluru expressed their interest in entering the Dubai market during a roadshow organised recently by the Dubai Startup Hub, an initiative of the Dubai Chamber of Commerce and Industry. A total of 10 shortlisted start-ups in both cities were given the opportunity to pitch their businesses to a ...

Abu Dhabi / WAM The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR), reviewed its performance report during Q1 of the year, discussing the various planned activities to be undertaken across the year supporting its mission in regulating the nuclear sector in the UAE. The Board learned about latest updates of the FANR ongoing review of ...

Bloomberg American technology companies have resumed selling certain products to Huawei Technologies Co after concluding there are legal ways to work with the Chinese telecom giant in spite of its inclusion on a Trump Administration blacklist. Micron Technology Inc, the largest US maker of computer memory chips, said that it had started shipping some components to Huawei after its lawyers ...