ABU DHABI / WAM Following a recent announcement from Ghadan 21 that aims to bolster private sector growth in Abu Dhabi, Hub71 announced on Tuesday the strategic decision of four startup pioneers to set up a presence with the majority of their development and engineering capabilities at Hub71 in Abu Dhabi. The startups include UAE-based BitOasis, the largest digital asset ...

Bloomberg Nissan Motor Co pledged to put more focus on mending its troubled two-decade alliance with Renault SA as the Japanese carmaker’s shareholders voted to give the French partner more say over its future. At Nissan’s annual meeting in Yokohama, shareholders approved a governance structure designed to boost oversight and prevent the concentration of corporate power in one individual, seeking ...

Bloomberg China is considering adding FedEx Corp to a list of so-called unreliable entities, said people familiar with the matter, a move that would escalate tensions with the US. Authorities in China have almost completed the preparations that would be needed to blacklist FedEx, the people said, declining to be named because the information hasn’t been made public. A final ...