News

Bloomberg The UK wants to squeeze in more hours of Brexit negotiation as an October deadline to secure a breakthrough with the European Union looks increasingly unattainable. There are only two more rounds penciled in before an EU summit that will decide if talks can move to trade. But time is not on the side of PM Theresa May, and ...

Bloomberg PayPal Holdings Inc. is turning to its old nemesis, plastic, to help it expand beyond the digital realm. The online payments venture is introducing a credit card that offers customers 2 percent cash back on purchases—one of the industry’s highest rebate rates—with no annual fee. The rewards will appear in users’ online wallets and can be spent immediately on ...

Bloomberg Prime Minister Theresa May said she’s keen for the UK to keep any benefits from a potential trade deal between the European Union and Japan after its scheduled departure from the bloc in March 2019. “There’s obviously a number of trade deals that the EU has with other countries and we are looking at the possibility of those being ...

Bloomberg Apple Inc. plans to transform the way people use its next high-end iPhone by eliminating the concept of a home button and making other adjustments to a flagship device that’s becoming almost all screen, according to images of the new device viewed by Bloomberg News and people familiar with the gadget. The home button is the key to the ...

Bloomberg As if victims of Hurricane Harvey didn’t have enough to deal with, a Texas law that takes effect September 1 may make it harder for them to sue insurers for payment of claims. Texas House Bill 1774, passed earlier this year, was designed to curb lawsuits against insurers after natural disasters. Politicians and industry groups said litigation is sometimes ...

DUBAI / WAM Dubai Electricity and Water Authority (DEWA) has announced that the adoption rate of its smart services has reached 80 percent, ahead of the deadline set by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to reduce the number of visitors to government offices by 80 ...

Dubai / Emirates Business Emirates NBD’s Pepper has now learnt to speak Arabic! The artificial intelligence (AI) powered humanoid robot, brought to the UAE by Emirates NBD last year, has been widely popular due to his novel proposition and charming personality, and will now also cater to the bank’s Arabic-speaking customers. Adding a fun element to the banking experience, the ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has sent cables of congratulations on the occasion of Eid al-Adha to all Arab and Islamic leaders. President His Highness Sheikh Khalifa wished the Arab and Islamic nations, their leaders and peoples more success and prosperity. Vice President and Prime Minister of UAE and Ruler of Dubai, ...

VANCOUVER / WAM DP World has completed the Phase 2 North expansion project designed to increase container throughput at Prince Rupert’s Fairview Container terminal. DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem, and The Honourable Francois-Philippe Champagne, Minister of International Trade, Government of Canada, marked the occasion with a ribbon cutting ceremony in Prince Rupert, in the presence ...

ABU DHABI / WAM The Emirates Post Group (EPG) discussed cooperation with Universal Postal Union (UPU) in postal field. This came during a meeting between Chairman of EPG, Mohamed Sultan Al-Qadi, and UPU Director-General Bishar Hussein, Regional Coordinator of International Development Programme for African Countries Abdellatif Meskine. The meeting was attended by Chief Support Services Officer at EPG Sami Alkhaja, ...