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Bloomberg Tesla Inc. has fired an undetermined number of employees following a series of performance evaluations after the company significantly boosted its workforce with the purchase of solar panel maker SolarCity Corp. The departures are part of an annual review, the Palo Alto, California-based company said in an email, without providing a number of people affected. The maker of the ...

Bloomberg South Korean military officials are readying for another possible missile launch by Pyongyang as they prepare for a joint military drill with the US on the disputed peninsula this week. Multiple South Korean media reports citing unidentified military officials on Saturday and Sunday said North Korean missile vehicles “kept appearing and disappearing” from the map and “transporter erector launchers” ...

Dubai / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum approved the new Board for the Emirates Youth Council with Shamma bint Sohail Faris AlMazrui, Minister of State for Youth Affairs, as Chairperson. The Board will also include seven members representing the seven emirates of the country. Highlighting ...

ABU DHABI / Emirates Business The Department of Culture and Tourism – Abu Dhabi has awarded to Zublin Construction LLC the AED 500 million contract for the refurbishment and conservation of the Cultural Foundation Building at Qasr Al Hosn, the symbolic birthplace of the capital of the UAE. The Cultural Foundation Building at the site has come to symbolize Abu ...

ABU DHABI / Emirates Business The Higher Organising Committee of the Unmanned Systems Exhibition and Conference (UMEX 2018) and the Simulation and Training Exhibition and Conference (SimTEX 2018), held its first coordination meeting at the Abu Dhabi National Exhibition Centre (ADNEC) to discuss initial preparations and coordinate efforts with various national institutions. Jointly organised by the Abu Dhabi National Exhibitions ...

Bloomberg Billionaire Kumar Mangalam Birla, whose Idea Cellular Ltd. is poised to become India’s top carrier, sees only a handful of businesses surviving a price war roiling the world’s second largest telecom market. The chairman of the Aditya Birla Group also won’t hazard a guess on when the industry shakeout will end in a country where calls already cost less ...

Bloomberg BMW AG is in early talks with China’s biggest maker of sport utility vehicles about the possible production of Mini cars in the country, potentially marking the brand’s first manufacturing project outside of Europe. Great Wall Motor Co. and BMW agreed in February to discuss cooperating on Mini, though the discussions are still preliminary and the companies haven’t entered ...

Bloomberg States regulators and health insurers are rushing to react to the latest move by the Trump administration to dismantle parts of the Affordable Care Act, less than three weeks before their citizens and customers start signing up for coverage. President Donald Trump’s administration said it wouldn’t pay subsidies to insurers that are used to help lower-income people with medical ...

Bloomberg Uber Technologies Inc., the world’s largest startup, appealed a London regulator’s decision to revoke the car service’s license as it seeks more settlement talks. Uber, which can continue to operate during the legal process, was banned by Transport for London over safety concerns and the company’s attempts to avoid regulation. The appeal, which could drag on for months, was ...

Bloomberg Facebook Inc. “absolutely” supports the public release of all ads bought on its platform by Russian government-linked accounts but maintains that it’s up to Congress to decide when to do so, Chief Operating Officer Sheryl Sandberg said. The company is giving lawmakers whatever they ask for and will “stand by them” when they’re ready to release the ads, she ...