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Bloomberg Daimler halted deliveries of a type of diesel engine for trucks as a precautionary measure, after the company said it found issues that could lead to emissions “slightly” exceeding nitrogen oxide limits under certain conditions. The Stuttgart-based company reported its findings to Germany’s Federal Motor Transport Authority (KBA) at the end of June, and is in a “constructive dialog” ...

ABU DHABI / WAM Abu Dhabi General Services Company (Musanada) has revealed that 66 percent of the AED4.4-billion ($1.2 billion) New Al Ain Hospital, a project with a total built up area of 347 thousand square metres being executed in collaboration with Abu Dhabi Health Services Company (Seha), is now complete. “Musanada is keen on delivering these projects, of which ...

Dubai / Emirates Business The Emirates A380 touched down in Islamabad on Sunday for a historic one-off service to Islamabad International Airport. This was the first time ever that the iconic double-decker aircraft has landed in Pakistan. The landing demonstrated the airport’s readiness to accommodate the A380, the world’s largest commercial passenger jet. The special Emirates A380 flight was operated ...

Abu Dhabi / Emirates Business The Registration Authority of Abu Dhabi Global Market (ADGM) signed a Memorandum of Understanding (MoU) with the Abu Dhabi Monitoring and Control Centre (MCC), to facilitate the exchange of information and co-operation in relation to matters regarding monitoring & control compliance within ADGM’s Free Zone. The MoU was signed by Dhaher Bin Dhaher Al Mheiri, ...

HODEIDAH / WAM A four hour operation carried out by the UAE Advanced Surgical team has saved the life of a three-year old Yemeni girl who was seriously injured by a mortar shell fired by the Houthi militia. The child, Sumaiya, was at her family home in the At Tuhayat District of Hodeidah when it was hit by the shell, ...

Bloomberg The Trump administration is letting ZTE Corp. resume some business activities while the US weighs an end to a seven-year ban on the Chinese telecommunications company. The easing of restrictions didn’t come soon enough for ZTE’s bid to win a contract in Italy to supply wireless equipment to Wind Tre SpA. ZTE lost the deal because it’s barred from ...

Bloomberg India’s shift to electric vehicles has to be “gradual,” a government adviser said, signaling that the country may have further watered down its ambitions of having green vehicles comprise about a third of its fleet by 2030. India needs to push for EVs in a consistent manner over a long period of time and ensure that automobile jobs stay ...

Bloomberg US-North Korea talks hit their first major stumbling block since last month’s landmark summit between President Donald Trump and Kim Jong-un, with Pyongyang dismissing American demands after two days of negotiations as “cancerous” and “gangster-like.” North Korea’s criticism of the talks in Pyongyang fuelled further doubts about whether Trump will ever achieve his goal of “compete denuclearisation,” much less ...

Bloomberg Trump or no Trump, the European Union (EU) is set to spur businesses to do more to meet the Paris climate accord goals. Taking a long view and encouraging companies to front-load actions to cap future costs will be among the thrusts of the climate push for the bloc’s executive suites. In its longer-term strategy to be presented in ...

Bloomberg It’s not just Theresa May who’s worried about being toppled. Pound investors say the threat of Conservative party turmoil is one more reason to avoid the UK currency. Amid reports that the British Prime Minister faces ministerial resignations if she fails to achieve a solution to a Brexit deadlock, strategists warn sterling could fall as low as $1.25 if ...