SHANGHAI / WAM Saudi Arabia’s ACWA Power and China’s Shanghai Electric have signed an Engineering, Procurement, and Construction (EPC) contract for the 700MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), said, “I am pleased to be here today (Saturday) in Shanghai …

Bloomberg The phone companies spent decades extending internet access across the US, first to homes and then to mobile devices, only to be stuck collecting relatively small service fees while Google and Amazon built lucrative online empires. Now that a surge of American cars are getting their own internet connections, Verizon Communications Inc. and AT&T Inc. don’t want to be …

Bloomberg Google is releasing an app in Africa that will help internet users overcome obstacles such as the lack of high-speed connectivity and the cost of data on the continent. The release of Google Go is the US technology giant’s latest attempt to extend its reach into emerging markets such as sub-Saharan Africa, where Facebook Inc. is also making inroads. …