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Abu Dhabi / WAM Khalifa University of Science and Technology, the Abu Dhabi Transmission and Dispatch company (Transco) and the Manitoba Hydro International (MHI) of Canada, on Wednesday signed a collaboration agreement for building an industrial-level software to monitor, predict, and interact with network operators in real time and enable renewable energy integration with the UAE power system. The agreement ...

Dubai / Emirates Business Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, on Wednesday celebrated the opening of its new Emirates Skywards Centre in Terminal 3 at Dubai International Airport (DXB). The centre was inaugurated by Dr Nejib Ben Khedher, Senior Vice President, Emirates Skywards and Nick Moore, Senior Vice President, Passenger Services, Emirates. The Emirates Skywards Centre ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec), held a special ceremony at the Barakah Nuclear Energy Plant to celebrate the achievement of 50 million safe work hours. The accomplishment reflects Enec’s commitment to the highest standards of safety and quality and is the result of its continuous workplace safety improvement programmes. Mohamed Al Hammadi, Chief Executive Officer ...

Bloomberg Carlos Ghosn’s arrest is triggering a reckoning at the Japanese carmaker he once saved from near bankruptcy, with Nissan Motor Co reviewing its global operations and relationships with key dealers as part of an expanding investigation into the auto titan’s alleged misdeeds, people familiar with the matter said. Hundreds of people — including regional and legal compliance teams as ...

Bloomberg Vodafone Idea Ltd plans to raise as much as $3.5 billion via a rights offering to help India’s largest mobile-phone carrier fend off Asia’s richest man, who continues to roil the industry by providing 4G Internet at prices that would drive most carriers bankrupt in other countries. Vodafone Group Plc will contribute as much as 110 billion rupees, while ...

Bloomberg Tata Power Co is seeking to set up electric vehicle chargers in the Indian capital, a company official said, as one of the most polluted cities on earth plans an ambitious push towards cleaner vehicles. Tata Power Delhi Distribution Ltd, which supplies electricity to 1.64 million consumers in Delhi, has written to the local government saying it wants to ...

Bloomberg China is stepping up its efforts to rein in the country’s internet, singling out Tencent Holdings Ltd’s popular news app for spreading vulgar information while shutting down more than 700 websites and thousands of apps in the span of three weeks. The Cyberspace Administration of China has scrubbed the web of more than 7 million items since January 3, ...

Bloomberg General Oyster Inc, Japan’s largest oyster restaurant operator, has been approached by several Chinese companies interested in buying a stake or perhaps acquiring the business, according to people familiar with the matter. Three Chinese firms, including a large internet company, have expressed interest in separate deals with General Oyster, said the people, asking not to be identified because the ...

Bloomberg President Donald Trump’s trade war has sparked a surge in lobbying in the fight over his tariffs. American companies and business groups mostly opposing Trump’s tariffs closed out an active year of lobbying on trade issues in 2018. They expect a busy 2019 as the trade conflict continues and action is pending in Congress on a renegotiated deal with ...

Bloomberg International Business Machines Corp (IBM) gave a positive forecast for 2019 and beat analysts’ estimates for quarterly sales and earnings, led by its business that helps companies and governments manage their technology. Revenue was $21.8 billion in the fourth quarter, topping the average analyst forecast of $21.7 billion. Earnings were $4.87 a share, also beating analysts’ forecasts. IBM said ...