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Nissan hits out at Renault, leaving alliance on shaky ground

Bloomberg The decades-old alliance of Renault SA and Nissan Motor Co descended into open enmity as the two sides sparred over governance changes at the Japanese automaker, an apparent tit-for-tat following Nissan’s refusal to endorse a deal with Fiat Chrysler Automobiles NV. Nissan Chief Executive Officer Hiroto Saikawa said it was “most regrettable” that Renault planned to stymie board reforms, ...

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Kazakhs elect former ruler’s ally as president amid protests

Bloomberg Kazakhs elected former leader Nursultan Nazarbayev’s favoured successor as president, signalling political continuity in central Asia’s biggest energy producer even as street protests flared and international observers attacked the conduct of the vote. Kassym-Jomart Tokayev won the ballot with 71 percent, defeating six other candidates, according to a central election commission statement broadcast by state TV, which put turnout ...

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Google to acquire Looker for $2.6b to boost cloud offerings

Bloomberg Alphabet Inc.’s Google agreed to buy Looker Data Sciences Inc. for $2.6 billion, expanding its offerings to help customers manage data in the cloud. The acquisition gives Google a new tool in its campaign to sell more cloud storage and software. So far, the company has struggled to compete with larger rivals Amazon.com Inc. and Microsoft Corp. and late ...

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Worst may be yet to come for US jobs as trade war intensifies

Bloomberg The slowdown in US hiring seen in the jobs report could get even worse, as President Donald Trump’s still-escalating trade war threatens further blows to employers. The May payroll figures — which missed all economist estimates and included steep downward revisions — translated into a four-month average jobs gain of 127,000. That’s the slowest since 2012, and compares with ...

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Fiat teams with Silicon Valley’s Aurora on self-driving vehicles

Bloomberg Fiat Chrysler Automobiles NV is partnering with Silicon Valley startup Aurora Innovation Inc. to develop and deploy a fleet of self-driving commercial vehicles in a bid to catch up with other automakers that have invested heavily in the technology. The two companies signed an agreement to integrate Aurora’s self-driving platform into Fiat Chrysler’s commercial vehicle lines in the US. ...

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Abu Dhabi Airport signs deal to enhance quality of services

ABU DHABI / WAM Abu Dhabi Airport will offer high-quality services to passengers covering various areas including customs declaration, baggage check-in and smart gates, among others after five government entities signed a cooperation agreement. The Memorandum of Cooperation (MoC), was signed between Abu Dhabi Airports, Etihad Airways, General Administration of Customs, the Federal Authority for Identity and Citizenship and Abu ...

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UAE cabinet okays National Strategy for Wellbeing 2031

Abu Dhabi / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, adopted the National Strategy for Wellbeing 2031 during its meeting at the Presidential Palace in Abu Dhabi. The Cabinet meeting was attended by His Highness Lt. General Sheikh Saif bin Zayed Al ...

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Funn all set to organise ‘VGX event’ in Sharjah

SHARJAH / WAM FUNN, a Sharjah-based organisation that supports media arts learning for children and youth in UAE, announced that it will organise VGX Event, from June 19-21, at the Expo Centre, Sharjah. The event will be the first of its kind to be held in the emirate of Sharjah, dedicated to tapping the popularity of video games among children ...

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Emirates SkyCargo strengthens pharma capabilities

Dubai / Emirates Business Reinforcing its position as the global market leader for the air transport of temperature sensitive pharmaceuticals, Emirates SkyCargo has significantly boosted its worldwide pharma handling capabilities and infrastructure. New dedicated pharma facility at Chicago Emirates SkyCargo has commenced handling pharmaceutical cargo at a new purpose-built facility in Chicago. The facility, dedicated solely for pharmaceutical shipments, is ...

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Airbnb Japan listings rebound after home-sharing law freeze

Bloomberg Airbnb Inc says it’s back in business in Japan, a year after stricter home-sharing regulations forced it to freeze a major portion of its listings in the country. There are 50,000 listings available in the country, with another 23,000 rooms in hotels and traditional inns known as ryokan, Airbnb said in a statement. That’s compares with 60,000 total in ...

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