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‘Tesla vehicle may stream Netflix when not moving’

Bloomberg The ability to stream YouTube and Netflix when a Tesla vehicle is not moving is coming soon, Tesla CEO Elon Musk said on Twitter. The change may come in August but wouldn’t take “more than a few months,” Musk said while responding to a Twitter user. Tesla owners will be able to stream while the car is moving once ...

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Johnson forms ‘war’ cabinet as prospect of no-deal rises

Bloomberg UK Prime Minister Boris Johnson formed a war cabinet of six senior ministers to plan for exiting the European Union by October 31, as a key adviser said leaving without a deal had become a very real prospect, the Sunday Times reported. Johnson’s most senior aide, Dominic Cummings, a key leader in the 2016 Brexit campaign, called advisers to ...

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Mohamed, King Abdullah discuss ways to boost ties

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received in Abu Dhabi on Saturday His Majesty King Abdullah II of Jordan, who is currently visiting the UAE. His Highness Sheikh Mohamed bin Zayed welcomed King Abdullah’s visit, which stems from the keenness ...

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UAE’s support for Ethiopia lauded

ABU DHABI / WAM The UAE is a major contributor to and supporter of the humanitarian and development efforts being made by the government and people of Ethiopia to assist displaced persons and people affected by adverse humanitarian conditions, said Tagesse Chafo, the Speaker of the Ethiopian House of Peoples Representatives. ‘‘The UAE has always been at the forefront in ...

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ADX’s new guidelines to support growth and sustainable trade

ABU DHABI / Emirates Business Abu Dhabi Securities Exchange (ADX) announced on Saturday that it has issued an environmental social & governance (ESG) disclosure guidelines for listed companies. The launch of this set of 31 key performance indicators (KPIs) is aligned with ADX strategy which is designed to support economic growth, while providing a sustainable trading environment and encouraging the ...

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Abu Dhabi’s Imkan expands into Egypt with new acquisition

Abu Dhabi / Emirates business Abu Dhabi-based real estate developer Imkan announced the acquisition of a substantial plot of land in Egypt’s New Cairo district and the appointment of a new CEO for the Egyptian arm of its real estate business, Imkan Misr. Walid El-Hindi, CEO, Imkan, said: “Our latest plot acquisition in New Cairo is a clear indication of ...

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Apple won’t get tariff relief for Mac Pro parts: Trump

Bloomberg President Donald Trump rejected Apple Inc’s bid to avoid tariffs on some computer parts it manufactures in China, saying the company should instead make the components in the US. The Cupertino, California-based technology giant has asked the Trump administration to exclude key components that make up the forthcoming Mac Pro high-end desktop computer from 25 percent import tariffs, weeks ...

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Reliance Jio becomes top telecom services provider in India

Bloomberg Reliance Jio Infocomm Ltd won more subscribers to become India’s biggest telecom operator, as companies prepare for the planned rollout of a 5G network next year. Reliance Jio’s subscriber base grew to 331.3 million in the quarter ended in June, the company reported. That’s higher than nearest rival Vodafone Idea Ltd, which said its users fell to 320 million ...

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T-Mobile’s Sprint agreement faces trial with dubious states

Bloomberg States that sued to block T-Mobile US Inc’s acquisition of Sprint Corp signalled they aren’t giving up, even after the US antitrust regulator blessed the $26.5 billion deal. New York Attorney General Letitia James, who’s co-leading the lawsuit filed in June, cast doubt on the centerpiece of the companies’ settlement with the government: the sale of assets to Dish ...

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Vodafone surges on possible tower IPO

Bloomberg Vodafone Group Plc shares gained the most in more than a decade on the phone carrier’s plan to carve out its towers business and consider an initial public offering or minority stake sale of the new unit. The stock rose as much as 10.4 percent, the biggest intraday jump since November 2008, after the carrier announced plans to separate ...

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