Bloomberg Google Chief Executive Officer Sundar Pichai kicked off his first appearance before Congress refuting claims of bias, explaining the company’s privacy approach and stressing its American roots. As the hearing began, the heads of both political parties led with questions about Google’s data collection. Republican Bob Goodlatte asked how much personal information Google absorbs via its Android mobile software. ...
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Dell set to return to public markets
Bloomberg Dell Technologies Inc won a shareholder vote to return to public markets, putting founder Michael Dell on the winning side of a transformative transaction that polarised investors for the second time in five years. Under terms of the deal, Dell will buy out shareholders of the stock that tracks Dell’s stake in software maker VMware Inc, known by its ...
Read More »Theresa May faces confidence vote in UK on her leadership
Bloomberg Theresa May was expected to face a vote of confidence in her leadership of the Conservative Party as the embattled UK prime minister warned the rebels who want her out that they will be putting Brexit at risk. Tory members of Parliament were expected to vote on Wednesday evening on whether they have confidence in May. If she loses, ...
Read More »Adnoc co-loads LPG, propylene onto same vessel in Ruwais
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) on Tuesday announced it has safely completed the first co-loading of liquefied petroleum gas (LPG) and propylene onto the same vessel, which was docked in Ruwais, the UAE. Under normal circumstances, LPG, which is produced by Adnoc Gas Processing, and propylene, which is produced by Adnoc Refining, are transported ...
Read More »Khalifa invited to 30th Arab League Summit in Tunisia
Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has received an invitation from President Beji Caid Essebsi of Tunisia, to attend the 30th Arab League Summit to be held in Tunis in March 2019. The invitation was received by His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, ...
Read More »E2 Dubai South introduces VR venue experience
Dubai / WAM For the first time, E2 Dubai South has introduced a 3D virtual tour of spacious events venue on its website, setting up a fresh and contemporary trend in Dubai’s events industry. The tour displays a 360-degree view of the modern centre’s interior and allows users to enjoy an exciting virtual experience. The 3D graphics transport remote spectators ...
Read More »Dubai’s non-oil private sector growth picks up in November
Dubai / Emirates Business November data signalled a stronger improvement in the health of Dubai’s non-oil private sector, reflecting faster expansions in business activity and new work and a stable trend in employment. The three main sectors monitored all registered stronger performances, with construction seeing the fastest growth. The seasonally adjusted Emirates NBD Dubai Economy Tracker Index – a composite ...
Read More »Huawei arrest sparks Chinese backlash
Bloomberg Calls to boycott Canadian goods, throw away iPhones and load up on Huawei Technologies Co. handsets are among signs of budding public anger in China over the arrest of the Chinese technology giant’s chief financial officer in Vancouver. A number of Chinese companies have posted notices to their social media accounts proclaiming support for Huawei, while offering employees subsidies ...
Read More »Hyundai to spend $6.7bn to boost fuel-cell output
Bloomberg Hyundai Motor Group and its suppliers plan to spend of 7.6 trillion won ($6.7 billion) through 2030 to raise production of fuel cells by more than 200-fold as the South Korean automaker targets to become a key player in the new-energy vehicle technology. The world’s fifth-largest auto group — with Hyundai Motor Co. and Kia Motors Corp. under its ...
Read More »Automakers urge US to push hard to open Japanese market
Bloomberg A trade group representing US automakers urged the Trump administration to hold off further opening the American market to Japanese cars until Tokyo shows it’s committed to returning the favour. “We recommend the administration avoid making any concessions that would further open the US market to Japanese imports unless and until there is evidence that Japan is truly committed ...
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