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Dewa adds new digital services on Apple watch

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has provided new services and benefits on its smart app through Apple Watch to enhance smart adoption and make Dubai the best place to work and live. These include utility bill details and tariff slabs, accessing the Smart Living dashboard, as well as daily, weekly, and monthly consumption reports with comparison ...

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DMCA issues 800 marine driving licences in H1 2021

DUBAI / WAM The Dubai Maritime City Authority (DMCA) at the Ports, Customs and Free Zone Corporation has granted 800 marine driving licences and issued about 700 marine craft permits during the first half of this year. The authority works on regulating and developing the maritime sector in Dubai, through a set of issued legislative regulations following the highest standards ...

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How Xi’s regulation will reshape China’s Big Tech

From the US to the European Union, governments are clearly uneasy with the pervasive power of Big Tech: The influence of their social media platforms on elections, the security of the vast amount of consumer data they store, and the exploitation of gig economy workers who don’t enjoy health insurance or receive overtime pay. In the US, Congressional hearings have ...

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Tesla earnings calls still need Musk

Tesla finally notched a billion-dollar quarter where it counts: the bottom line. Net income for the second quarter was $1.1 billion, stretching to 10 figures for the first time ever. Is it enough that Elon Musk can, as he hinted on call, step back from future earnings calls? Musk dropped that mini bombshell as an aside, as he is wont ...

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Two IPOs reveal Gen Z’s vision of banking

India’s biggest-ever initial public offering can’t be chalked up solely to the zeitgeist. Like most markets, irrational exuberance and easy money will no doubt play a part in Paytm’s upcoming $2.2 billion share sale. But above all, investors will be placing bets on what a 12-year-old, unprofitable fintech firm backed by SoftBank Group Corp and Ant Group Co could yet ...

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How Trump hijacked his party’s resources

How is Donald Trump, six months out of office, able to wield so much influence within the Republican Party? A man who was solidly defeated for re-election; who was unpopular throughout his four years in office and ended those years at a low point; who subsequently, in his second impeachment trial, was condemned by numerous senators from his own party; ...

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Ryanair flexes muscles to build post-pandemic lead over rivals

Bloomberg Ryanair Holdings Plc intends to pump more capacity into European markets in the coming months, keeping ticket prices low so it can overpower weaker rivals as travel rebounds in Europe. The region’s biggest low-cost carrier said that it expects to post a profit this quarter, even as it prioritises filling planes until demand fully rebounds. The summer high season ...

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Mango Airlines to seek bankruptcy protection

Bloomberg South Africa’s Mango Airlines will enter a local form of bankruptcy protection, according to the head of its parent, South African Airways (SAA). There’s agreement between shareholders and the board on the matter, and Mango is consulting with labour groups, SAA interim Chief Executive Officer Thomas Kgokolo told eNCA television. Mango employees were seeking to force the low-cost carrier ...

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American Airlines, Southwest warn of jet fuel delivery delay

Bloomberg American Airlines Group Inc and Southwest Airlines Co are carrying extra jet fuel on some flights and considering adding stops to other routes to pick up fuel as snarls in US trucking and supply chains delay deliveries to small and mid-sized airports across the country. The delays are expected to continue through mid-August, American told its pilots in a ...

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