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First eddy covariance station in Arabian Peninsula established

ABU DHABI / WAM The Khalifa University of Science and Technology announced that its state-of-the-art Masdar Institute Environmental Monitoring Platform (MIEMP), deployed at the Abu Dhabi Mangrove National Park, has become the first eddy covariance station in the Arabian Peninsula to join the FLUXNET network. Eddy covariance provides an accurate way to measure fluctuations of energy over a variety of ...

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CVS to buy Aetna for $67.5bn, remaking health care sector

Bloomberg CVS Health Corp. will buy Aetna Inc. for about $67.5 billion, creating a health-care giant that will have a hand in everything from insurance to the corner drugstore. CVS will pay $207 a share for Aetna, with $145 a share in cash and the rest in stock, the companies said in a statement. That’s a 29 percent premium to ...

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Volkswagen unveils electric minibus

Bloomberg Volkswagen AG’s Moia division unveiled a six-seater, battery-powered minibus to enter the market of app-based ride hailing and car-pooling, taking on the likes of Uber Technologies. The modified van will begin roaming the streets of Hamburg in the second half of next year, although Moia aims to roll out the service internationally, Ole Harms, chief executive of the division, ...

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