Bloomberg Apple Inc’s 15-year relationship with Intel Corp will officially begin to unwind next week when new Mac computers are revealed. The Cupertino, California-based technology giant said that it will hold an online event dubbed “One more thing†on November 10. That “thing†will be Macs with main processors designed by Apple for the first time, replacing Intel chips that ...
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Germany probes Amazon, Apple over ‘online sales’
Bloomberg Amazon.com and Apple face German antitrust scrutiny over a policy that excludes independent sellers of brand products on the online market place. Germany’s Federal Cartel Office, the country’s antitrust regulator, is probing both companies over a policy at Amazon called “brandgating,†the authority said in an emailed statement. The policy allows makers of branded products such as iPhones to ...
Read More »Waymo begins fully driverless rides for Arizona customers
Bloomberg Waymo said that it is opening its fully driverless ride-hailing service in suburban Phoenix to the public. Alphabet Inc’s self-driving car unit began ferrying a select group of a few hundred customers, known as “early riders,†in vehicles without safety drivers in the summer of 2019. After receiving feedback from those riders, who were bound by non-disclosure agreements not ...
Read More »BMW sees China car sales recovery
Bloomberg BMW ended an upbeat quarter for European automakers by warning that the rapidly resurging coronavirus pandemic could wreck a sales recovery driven by strong demand in China. BMW confirmed its full-year profit forecast on the back of rising sales in China. Still, the German luxury carmaker cautioned that Covid-19 is worsening in Europe’s biggest markets, with fresh lockdowns threatening ...
Read More »Facebook posts sales jump on ad revival
Bloomberg Facebook posted a better-than-projected gain in third-quarter revenue, indicating that a major advertiser boycott had a limited impact against the backdrop of a broader revival of spending on digital marketing. The Menlo Park, California-based company said sales rose 22% to $21.5 billion, compared with the $19.8 billion average analyst estimate in a Bloomberg survey. While Facebook reached 2.74 billion ...
Read More »Stable oil market key to post-pandemic recovery
Vienna / WAM A balanced and stable oil market is a prerequisite for post-pandemic recovery, adequate investments and future prosperity for consumers and producers alike, affirmed seventh high-level meeting of the Opec-Russia Energy Dialogue, hosted by Opec, which took place via videoconference. The meeting was co-chaired by Mohammad Sanusi Barkindo, Secretary General of Opec, and Alexander Novak, Minister of Energy ...
Read More »UAE opens consulate general in Moroccan city of Laayoune
LAAYOUNE / WAM The United Arab Emirates on Wednesday opened its consulate general in Laayoune, southern Morocco. This followed a recent telephone conversation between His Majesty King Mohammed VI of the Kingdom of Morocco and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in which His ...
Read More »UAE, Russia to boost cooperation in trade and investment fields
Abu Dhabi / WAM Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, on Wednesday held a virtual meeting with Anton Siluanov, Russia’s Minister of Finance, as part of the Ministry of Finance’s endeavour to deepen financial and economic cooperation with various countries of the world. The meeting discussed ways to strengthen bilateral relations between both countries in ...
Read More »flydubai to start flights to Israel from November 26
Dubai / WAM flydubai, the Dubai-based carrier, has announced the start of flights between Dubai and Tel Aviv from November 26. The carrier will operate 14 flights a week offering a double daily service between Dubai International (DXB) and Tel Aviv Ben Gurion (TLV) and flights are now available to be booked on flydubai.com. This announcement follows the air transport ...
Read More »UAE, Malta discuss cultural cooperation
Abu Dhabi / WAM Zaki Nusseibeh, Minister of State, on Wednesday hold a video conference with Maria Camilleri, Ambassador of Malta to the UAE. During the meeting, both sides discussed ways of developing cultural cooperation between the UAE and Malta, and stressed the importance of reinforcing their overall bilateral ties while highlighting the necessity of strengthening their diplomatic and cultural ...
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