Bloomberg Facebook Inc. will open a startup incubator at Paris’s soon-to-debut entrepreneur campus created by billionaire Xavier Niel, as Chief Operating Officer Sheryl Sandberg vows to keep investing in France. The company will have engineers on the ground at incubator-campus Station F and offer workshops to entrepreneurs, Sandberg said at an event in Paris, alongside Niel, site director Roxanne ...

  Relaxnews Kaminario Inc., a flash-storage company that develops its products in Israel, closed a fundraising round of $75 million — nearly double the expected amount — and will use the money to expand in Asia and Europe and boost technology development to gain market share. The Needham, Massachusetts-based company competes with multinational giants such as Dell Technologies Inc. and ...

  ABU DHABI / WAM The Abu Dhabi National Oil Company (ADNOC) said on Tuesday it would implement a host of measures to increase energy efficiency by 10 percent by 2020. The energy efficiency strategy will reduce ADNOC’s gas consumption by 156 million cu. ft a day, thus saving a total of US$1 billion by that time. The initiatives to ...