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‘SpaceX, Google are best companies to work for’

Bloomberg Space Exploration Technologies Corp., Alphabet Inc.’s Google, Shopify Inc. and Tesla Inc. are the most appealing companies for technology workers, according to a survey by online jobs marketplace Hired. While big tech names topped the list, geographical breakdowns showed more diversity. Startups like SendGrid Inc., which does marketing email, had the highest ranking in Denver, while financial services like ...

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Apple Inc asks to exclude proposal tying diversity to pay

Bloomberg Apple Inc. asked US securities regulators if it can exclude a shareholder proposal that pushes the iPhone maker to explore linking executive pay to performance on diversity and sustainability. In an October 9 letter made public this week by the Securities and Exchange Commission, Apple attorneys asked if it could exclude the proposal, from Zevin Asset Management, because similar ...

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Uber hires legal chief from Pepsi amid mounting pressure

Bloomberg Uber Technologies Inc. appointed Tony West as chief legal officer, the first major hire for the new chief executive officer since taking over last month. West, the outgoing general counsel at PepsiCo Inc. and a former senior official at the US Justice Department, will join the ride-hailing company next month as it faces at least five federal criminal probes ...

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Toys ‘R’ Us bankruptcy hangs over toymakers as holidays approach

Bloomberg When Toys “R” Us Inc. filed for bankruptcy last month, it vowed to keep operating stores, boosting investor optimism that the impact on the biggest toymakers this holiday season would be limited. But with Hasbro Inc.’s weaker-than-expected sales forecast and Mattel Inc.’s revenue trailing projections— and both companies citing Toys “R” Us as a key reason—the retailer’s struggles are ...

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Nakheel posts AED4bn nine-month net profit

DUBAI / Agencies Nakheel on Wednesday announced a net profit of AED4 billion for the first nine months of 2017, a 2.5 percent increase on the same period last year. Nakheel has handed over almost 1,200 units to customers so far this year. The company’s core business of residential development combined with its growing hospitality, retail and leasing businesses all ...

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Mubadala weighs first Saudi investment

Bloomberg Abu Dhabi’s Mubadala Investment Co. is weighing its first investment in Saudi Arabia together with the kingdom’s sovereign fund and started talks to invest in US technology companies. The sovereign fund is considering investing in technology, real estate and industrial sectors in Saudi Arabia, CEO Khaldoon Al Mubarak said. The kingdom is ‘a tremendous market’ and Mubadala is exploring ...

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Abu Dhabi to host Agriscape from November 14

ABU DHABI / WAM Abu Dhabi is gearing up to showcase Agriscape 2017, an international exhibition dedicated to agricultural investments abroad and organised by the Abu Dhabi Food Security Alliance (ADFSA), in collaboration with the Food Security Centre – Abu Dhabi (FSCAD). The event is held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister ...

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Etihad ESCO-DXB pact to boost energy efficiency at airport

Dubai / WAM Etihad Energy Services Company (Etihad ESCO), a company owned by Dubai Electricity and Water Authority (DEWA), signed an agreement with Dubai Airports for the retrofitting of Terminals 1, 2 and 3 of Dubai International Airport (DXB), and the Dubai International Airport Hotel at Concourse B. According to the agreement, Etihad ESCO will offer the best practices that ...

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VP honours graduates of ‘Masar Godolphin’

DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Wednesday honoured the first batch of Masar Godolphin programme at Madinat Jumeirah in Dubai. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council was also present on ...

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