Bloomberg Facebook Inc. users asked a judge to approve a $550 million settlement in their class-action lawsuit that claimed the social-media giant illegally gathered biometric data through a photo-tagging tool. The class members will get from $150 to $300, or between 15% and 30% of the possible recovery on an individual claim, according to their lawyers. The settlement provides “excellent ...

Bloomberg Automakers won’t have to recall roughly 56 million more air bag inflators made by the now-defunct Takata Corp., the US National Highway Traffic Safety Administration (NHTSA) said, citing industry test data the agency said showed the parts won’t pose danger. The agency and an industry group will monitor safety of those Takata air bag inflators, which contain a moisture-absorbing ...

Bloomberg Honda Motor Co. will resume operations at its vehicle and auto-parts factories in the US and Canada starting on May 11, joining a caravan of other carmakers restarting North American production this month for the first time since mid-March. The Japanese automaker said it will gradually ramp up output and stagger its reopening to allow workers to get used ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Julius Maada Bio of Sierra Leone, have discussed bilateral relations, the global Covid-19 crisis and ways to contain the pandemic’s repercussions at various levels. In a telephone call, the leaders addressed the ...

ABU DHABI / WAM Abu Dhabi’s food and beverage trade value increased to AED2.65 billion in the first two months of 2020, a growth of 2.7 percent compared to AED2.58 billion during the same period in 2019. The growth in the food and beverage trade highlights the fact that the emirate has maintained its commercial activity since the start of ...

ABU DHABI / WAM Khalifa University of Science and Technology has on Thursday announced promising results and findings on its research to develop ‘artificial soil’ with the necessary ingredients and properties required for the growth of plant and vegetation, thus paving the way for the agriculture sector to grow further in the UAE. A provisional patent application has been filed ...

ABU DHABI / WAM Khalifa Industrial Zone Abu Dhabi (Kizad), a subsidiary of Abu Dhabi Ports, has announced new packages with up to 36 percent savings as relief for freezone businesses, and support SMEs challenged by the global economic slowdown. In line with Abu Dhabi Ports and the Government of Abu Dhabi’s efforts to support and safeguard businesses, the relief ...

Bloomberg Top Chinese and US trade negotiators will speak as soon as next week on progress in implementing a phase-one deal after President Donald Trump threatened to “terminate” the agreement if Beijing wasn’t adhering to the terms. Chinese Vice Premier Liu He will be on the call, according to people familiar with the matter. The US will be represented by ...

ABU DHABI / WAM In line with the Ministry of Health and Prevention’s plans to increase Covid-19 testing throughout the country for the early detection of infections, particularly among those who had prior contact with infected individuals, the ministry conducted 33,000 additional tests. Testing resulted in the detection of 502 new cases among various nationalities, bringing the total number of ...

OSLO / WAM UAE-linked Norwegian oil and gas operator DNO ASA, announced completion of testing and appraisal of the Baeshiqa-2 exploration well in the Kurdistan Region of Iraq. The testing has proven oil and gas in three separate Triassic aged reservoirs, Kurra China A, B and C, with testing also carried out on shallower Jurassic-aged reservoirs. Evaluation of the test ...