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Uber ‘alibi’ ruled too confusing for Waymo

Bloomberg Uber Technologies Inc. lost one of its best alibis for why its former self-driving engineer downloaded files that Waymo claims are stolen trade secrets. But the company did get a pair of earrings to use in a trial against the Alphabet Inc. unit next month. As the two companies formulate arguments for a trial starting October 10, US District ...

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Amazon’s first NFL game draws 372,000

Bloomberg Amazon.com Inc.’s first National Football League broadcast drew 372,000 viewers who watched the game an average of 55 minutes on the internet giant’s Prime Video service—a small part of the overall audience for Thursday’s game. About 1.6 million viewers at least initiated a stream of the Green Bay Packers’ 35-14 victory over the Chicago Bears, the NFL’s oldest rivalry. ...

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Big Ben tower repair costs doubled to $82 mn

Bloomberg The cost of repairing Big Ben, the iconic clock tower of Britain’s Parliament, doubled following a detailed analysis by surveyors. Repairs to the Elizabeth Tower, as the tower is properly known, will cost $82 million, up from an original estimate of 29 million pounds, the House of Commons said on Friday in an emailed statement. The name “Big Ben” ...

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Top UAE firms hailed for GCC infrastructure growth

DUBAI / Emirates Business The unprecedented growth of the infrastructure sector across the GCC over the past six decades has been one of the most significant achievements of the region as top Emirati firms have been selected for outstanding contributions to GCC’s infrastructure growth. Guided by the ambitious national visions set by the leadership of each GCC state, the world ...

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Ministry issues executive ruling on excise tax

DUBAI / WAM The Ministry of Finance (MoF) published Cabinet Decision No. (37) of 2017 on the Executive Regulation of the Federal Decree-Law No. (7) of 2017 on Excise Tax, as well as Cabinet Decision No. (38) of 2017 on Excise Goods, Excise Tax Rates and the Method of Calculating the Excise Price, the latter of which will add 50 ...

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ADGM recognised as aircraft financing and leasing hub

ABU DHABI / Emirates Business The strength and role of Abu Dhabi Global Market (ADGM) as a strategic hub for aircraft financing and leasing has been endorsed and corroborated by PwC in the newly published Aviation Comparative Jurisdiction Report (the ‘Aviation Report’). ADGM, the International Financial Centre in Abu Dhabi, worked with PwC to analyse the wide and expanding Double ...

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Masdar achieves milestone in field of sustainable aviation biofuels

ABU DHABI / WAM The Masdar Institute of Science and Technology’s Sustainable Bioenergy Research Consortium (SBRC), a non-profit entity supported by Etihad Airways, Boeing, Takreer, Safran and General Electric on Saturday announced that its flagship project, the Seawater Energy and Agriculture System (SEAS), has reached a critical milestone in the development of sustainable aviation biofuels through the first harvest of ...

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Sacrifices of martyrs draw the way for hope, wishes

Fujairah / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has offered his condolences to the family of Emirati martyr Captain Pilot Khalid Mohammad Al Shehi, whose aircraft crashed due to technical failure while he was performing his national duties as part of the Saudi-led ...

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UAE pledges $100,000 to UN fund to fight human trafficking

NEW YORK / WAM In a statement delivered at the High-Level Meeting of the General Assembly on the Appraisal of the United Nations Global Plan of Action to Combat Trafficking in Persons on September 28, the United Arab Emirates pledged $100,000 in financial support to the United Nations Voluntary Trust Fund for Victims of Trafficking in Persons, Especially Women and ...

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DP World chairman discusses infra projects with president of Senegal

Dakar / Emirates Business DP World Group Chairman and CEO Sultan Ahmed bin Sulayem met Senegalese President Macky Sall as part of his tour of West and North Africa to confirm the development of infrastructure projects in the country. The discussions, attended by Prime Minister Mohammed Dionne and senior government officials, confirmed the plan for Port Du Futur. An agreement ...

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