Recent Posts

Amazon gets 238 proposals for second headquarters

Bloomberg Amazon.com Inc.’s second headquarters, dubbed HQ2, has lured 238 proposals extending across 54 states, provinces, districts and territories in North America, the company said. Only seven US states refrained from bidding: Arkansas, Hawaii, Wyoming, North Dakota, South Dakota, Montana and Vermont, according to a map Amazon published on its website. Cities are battling for Amazon’s investment of $5 billion ...

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F-35s hobbled by parts shortages, slow repairs, audit finds

Bloomberg The Pentagon is accelerating production of Lockheed Martin Corp.’s F-35 jet even though the planes already delivered are facing “significantly longer repair times” than planned because maintenance facilities are six years behind schedule, according to a draft audit. The time to repair a part has averaged 172 days—“twice the programme’s objective”—the Government Accountability Office, Congress’s watchdog agency, found. The ...

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Dubai realty transactions hit AED204bn in 9 months

Dubai / Emirates Business Dubai Land Department (DLD) announced that the total value of real estate transactions for the first nine months of this yearreaching AED 204 billion, achieved through 52,170 transactions. According to the report, there were a total of 37,633 transactions for land, residential units and buildings, generating a value of over AED 88 billion. There were also ...

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