Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), inaugurated the power management company Eaton’s new Customer Experience Centre (CEC) in National Industries Park, Jebel Ali, Dubai. The new facility will serve as a centre of excellence for Eaton to showcase, train and demonstrate Eaton’s products and integrated solutions for industry ...

Dubai / WAM The General Pension and Social Security Authority (GPSSA) on Tuesday launched the ‘Your Commitment Protects You’ campaign to spread awareness on inspection controls and guidelines. It has further highlighted the obligation of an entity towards abiding by inspection controls and guidelines, as well as unnecessary fines incurred on employers as a result of violating registration and monthly ...

  Bloomberg Boeing Co.’s rainmaker in Washington, a former auto lobbyist who goes by the nickname “Z,” is restoring some of the swagger that once made the aerospace giant a force on Capitol Hill. A badly needed legislative victory in late December let Boeing continue plans for its cash-cow 737 Max over the protests of family members of victims of ...

Bloomberg Apple Inc is looking to boost production in India to about a quarter of its global total, one of the country’s top government officials said, as the US tech giant seeks to diversify from its main manufacturing hub in China. “They are already at about 5-7% of their manufacturing in India,” said Piyush Goyal, India’s trade and industry minister, ...

  Bloomberg British food suppliers denied Tesco Chairman John Allan’s claim that some companies were increasing prices more than necessary. Minette Batters, President of National Farmers’ Union, told BBC radio she was baffled at the accusation. “It was almost like he was living in a parallel universe. For primary production, for farmers and for growers, this has been absolutely unprecedented,” ...

Bloomberg SpaceX filled its Starship rocket and massive booster with extremely cold propellant for the first time stacked together, a crucial test of its new deep-space launch system ahead of its first orbital launch attempt. The procedure, conducted at the company’s Starbase facility in Boca Chica, Texas, is known as a wet dress rehearsal and is meant to run through ...

  Bloomberg Deutsche Lufthansa AG said it aims to buy a minority stake in ITA Airways, seeking to advance an industry consolidation that would give the German airline a stronger foothold in a major European aviation market. The German carrier didn’t disclose financial details, or lay out the size of the stake it wishes to buy in the successor of ...

Bloomberg For the 8,000 people suffering from cystic fibrosis in the UK, Kaftrio is a miracle drug. For the cash-strapped National Health Service, it’s a foretaste of an unaffordable future. Costing £100,000 ($123,000) a year per patient, Kaftrio could add hundreds of millions of pounds to the £180 billion annual NHS bill, a new liability even as the service struggles ...

  Bloomberg The squeeze on Germany’s economy eased further at the start of the year as the services sector grew for the first time since June, another sign the country may dodge a recession that many had predicted as a result of Russia’s war in Ukraine. Private-sector activity in the country remained resilient in January, and inflationary pressures continued to ...

  Bloomberg Vodafone Group Plc sold the headquarters it’s held for decades in Newbury, England, and will rent just over half of the site’s premises back as it downsizes and cuts costs. Iqon Capital agreed to buy the total of seven buildings known as “The Connection” on behalf of Aljazira Capital for an undisclosed figure, it said in a statement ...