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Apple-target McLaren is a tech company disguised as a carmaker

  Bloomberg On the face of it, U.K. supercar maker McLaren would seem an odd partner for Apple Inc. as the consumer electronics and software giant seeks to crack the global auto industry. With its racetrack heritage and gas-guzzling models priced from 126,000 pounds ($165,000), Woking, England-based McLaren is a world away from the mainstream auto market, which Apple appears ...

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Saudi Aramco sees oil demand ‘steady’ as supply growth slows

  Dubai / Agencies Slower growth in oil supply is helping the crude market to re-balance, and prices are set to increase over time, according to the head of the world’s biggest producer. As investments in new oil and natural gas capacity have been being canceled or deferred worldwide, supply is rising more slowly, especially production of U.S. shale oil, ...

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UAE to introduce new laws soon to regulate drones

  ABU DHABI / Reuters The United Arab Emirates will finalise laws to more heavily regulate the sale of drones and their operations soon, aiming to minimize risks posed by unmanned aerial vehicles, an official at the aviation regulator said on Monday. Dubai International Airport was closed for more than an hour on June 12 due to unauthorized drone activity ...

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