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Biden to tout plan offering free internet to millions of homes

Bloomberg Twenty US internet providers have agreed to offer high-speed connections at essentially no cost to millions of low-income households, as part of a program funded by the infrastructure law passed last year. President Joe Biden and Vice President Kamala Harris will announce that 20 companies, including AT&T Inc., Comcast Corp. and Verizon Communications Inc., have agreed to offer high-speed ...

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Tesla sues engineer over ‘dojo’ supercomputer technology theft

Bloomberg Tesla Inc sued a former engineer claiming he illegally transferred confidential information on its supercomputer technology to his own computer and turned over a “dummy” laptop for inspection to cover up the theft. Tesla is developing an in-house supercomputer, dubbed Project Dojo, to deal with massive amounts of data, including video from Tesla cars, and using it to create ...

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Canada’s jobless rate hits new low

  Bloomberg Canada’s labour market stalled even as the jobless rate falls to a new record low, hampered by a dearth of new workers. The economy added 15,300 jobs in April, Statistics Canada reported in Ottawa, fewer than half the 40,000 gain anticipated by economists. The small increase ended a surge that saw Canada create about 410,000 jobs over the ...

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Europe aims to revive trade deals to secure allies

  Bloomberg The European Union aims to secure at least three stalled trade accords this year as the bloc looks to reinforce strategic alliances amid the turmoil caused by Russia’s invasion of Ukraine. The European Commission expects to conclude negotiations with Chile, New Zealand and Australia by the end of 2022 after progress had been stalled for months. The commission, ...

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Dubai ranks first globally in attracting FDI projects in ’21

  Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, revealed that Dubai has achieved the top ranking globally in attracting foreign direct investment (FDI) in 2021, with a record number of 418 greenfield FDI projects. HH Sheikh Hamdan expressed his gratitude to His Highness Sheikh ...

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UAE is one of world’s key aid donors: Hamdan bin Zayed

  Abu Dhabi / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, and Chairman of Emirates Red Crescent (ERC), stated that UAE is today one of the world’s key donors and supporters of the International Red Cross and Red Crescent Movement. “The UAE has become a regional center for support, supply and logistics ...

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flydubai’s Q1 passenger traffic jumps by 114%

Dubai / Gulf Time flydubai, the Dubai-based airline, has recorded an exceptional performance in the first quarter of 2022, building on the momentum from the tremendous performance in 2021. The carrier’s growing network and added capacity on its existing routes have been supported by new aircraft deliveries since the start of the year. Ghaith Al Ghaith, Chief Executive Officer at ...

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RTA to build dedicated bus, taxi lanes stretching 37 km in 5 years

  DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) has endorsed a plan to construct dedicated bus and taxi lanes extending 37 km during the period 2023-2027. These lanes cover eight main streets mainly Sheikh Khalifa bin Zayed Street, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah Street, 2nd December Street, Amman Street, Al Satwa Road, Al Nahda Street, Omar bin Al-Khattab ...

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DoH to showcase services for medical tourists at ATM

  Abu Dhabi / WAM The Department of Health – Abu Dhabi (DoH), the healthcare sector regulator in the emirate, is set to showcase Abu Dhabi’s most prominent healthcare services available for medical tourists at the Arabian Travel Market (ATM) 2022. Set to be held from May 9-12, the event will see the DoH highlighting key investment opportunities in the ...

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Dewa receives BSI’s certification for sixth year

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has been awarded the BS 13500 ‘Code of Practice for Effective Governance’ certification and a special award for the sixth consecutive year. This is for its efforts in applying the best good-governance standards within the BSI 13500:2013 and its success in maintaining its position as one of the leading entities ...

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